Friday, June 18, 2021
MARKET UPDATE

TheCable

Advertisement

Super League: EPL ‘big six’ to pay £22m over failed breakaway plot

Super League: EPL ‘big six’ to pay £22m over failed breakaway plot
June 09
18:42 2021

The English Premier League (EPL) announced on Wednesday that the “big six” clubs who signed up to join the failed breakaway European Super League (ESL) have agreed to a collective fine of £22 million.

Advertisement

In a joint statement issued on Wednesday, the EPL and FA said the clubs — Manchester United, Manchester City, Liverpool, Chelsea, Arsenal and Tottenham — have also agreed to rule changes that would impose a 30-point deduction in the event of similar actions in the future.

The EPL traditional “big six” were among the 12 founding members of the widely denounced super league — a breakaway tournament from the glamorous UEFA Champions League (UCL) — that was announced back in April.

The tournament, however, hit a snag about 48 hours after a widespread outrage led to the six English clubs rescinding their involvement.

Advertisement

In the statement, the EPL and FA also told the clubs that they will be hit with £25m fines in addition to the 30-point deduction should they agree to join a breakaway league in the future.

“The six clubs involved in proposals to form a European Super League have today acknowledged once again that their actions were a mistake, and have reconfirmed their commitment to the Premier League and the future of the English game,” the statement read.

“They have wholeheartedly apologised to their fans, fellow clubs, the Premier League and The FA.

Advertisement

“As a gesture of goodwill, the clubs have collectively agreed to make a contribution of £22million, which will go towards the good of the game, including new investment in support for fans, grassroots football and community programmes.

“Furthermore, the clubs have agreed to support rule changes so that any similar actions in the future would lead to a 30-point deduction.

“Each of the six clubs, in that event, would also be subject to an additional £25m fine.

“The Premier League and The FA have worked closely together throughout this process and this agreement brings both investigations into the matter to a conclusion.”

Advertisement

While all English clubs have dumped the ESL proposal, Real Madrid, Juventus and Barcelona are still clinging on to the failed project.

0 Comments

No Comments Yet!

There are no comments at the moment, do you want to add one?

Write a comment

Write a Comment