A new European Super League has been announced with three clubs seemingly leading the creation.
According to The Telegraph, Real Madrid, Barcelona and Juventus have been heavily involved in the process of forming the league and have kept major details “a secret” from outsiders.
The news comes almost two years after the original Super League was announced. The premise is that Europe’s top clubs will compete in their own division and involved the Premier League’s typical top six; United, City, Liverpool, Chelsea, Arsenal and Tottenham Hotspur. It was met with endless criticism from supporters, former players, and pundits across football and sparked protests across the country.
Europe’s elite fume at Premier League spending
It is the incessant spending of England’s top teams that has contributed to the new format coming around, as per the report. For example, Chelsea are on the back of a £323 million spend in the January transfer window – more than clubs in the Serie A, Bundesliga, Ligue 1 and La Liga combined.
The Premier League’s ongoing dominance on the market is largely due to its broadcasting and television deals in Europe, which consequently affects other leagues that do not have the same agreements.
Real Madrid president Florentino Perez has stated in the past there would be “greater solidarity payments for clubs who do not participate in European competitions”.
The new model would seemingly replace the Champions League, though the creators face an ongoing battle with UEFA.