The Super League plans have collapsed within just days of its formal announcements but the after-effect of this breakaway league seems to be growing stronger with each passing day.
All the six Premier League clubs have formally withdrawn from the Super League which has forced the ESL board to announce that the tournament will not be able to carry on, thereby putting it on hold for an indefinite period.
JP Morgan, the main backers of this breakaway league also tendered their apologies to the football world saying: “We clearly misjudged how this deal would be viewed by the wider football community and how it might impact them in the future,
“‘We will learn from this.”
And just when things were starting to simmer down, fresh reports have been revealed the disparity in payments amongst the 12 founding Super League clubs. A set of documents have been leaked by Der Spiegel which shows that the clubs wishing to withdraw from the Super League will have to fork out as much as €130 million in the form of a ‘penalty fee’.
This is not the only thing startling in the leaked documents since they also reveal that Barcelona and Real Madrid were set to receive an extra €60 million in ‘additional compensation’ during the first two seasons.
The document read: “FCB and RM will be paid the additional fixed amount of EUR 60 million each, payable in two equal instalments (as first step in the distribution of the Net Media Revenues corresponding to the first 2 seasons of the SL Competition).
“For this purpose, at the end of the first SL season and at the end of the second SL season, FCB and RM will be paid EUR 30 million each.”
Also, the six Premier League clubs along with Barcelona and Real Madrid were set to receive 7.7% of the ‘infrastructure grant amount’ from JP Morgan while clubs Inter Milan, AC Milan, Atletico Madrid and Borussia Dortmund were due to get only 3.8% of that amount.
Excerpts from the #SuperLeague contract: Barca & Real were set to receive additional 60m€ each. Inter, Milan, Dortmund & Atlético were supposed to receive less than everyone else. Clubs were to exclusively broadcast live games. More:https://t.co/JvYuURviFD @derspiegel @Rafanelli pic.twitter.com/9v9lM6HlQq
— Christoph Winterbach (@derWinterbach) April 23, 2021
So, eventually, even the founding clubs had a hierarchy going on between them and now all the clubs who have chosen to pull out of the Super League might have to shell out as much as €130 million just to get out of this mess. And this is an enormous sum of money given the fact that these sides were actually getting into this competition to minimize the financial damages caused due to the pandemic.
