A £20 million settlement has been reached between the six Premier League clubs who took part in the breakaway European Super League (ESL) proposal earlier this year.
The deal between the clubs and the Premier League, according to Sky Sports, will ‘draw a line under’ the contentious proposed tournament, and amounts to around £3.5 million per team.
The Premier League has found that the six English clubs participating — Manchester United, Manchester City, Liverpool, Arsenal, Chelsea, and Tottenham Hotspur – all broke rule L9, despite the proposed tournament swiftly collapsing due to outrage from fans and sporting officials. To engage in any new competition, shareholders must get written consent from the board of directors.
In addition to the settlement, Sky sources say the six clubs will face ‘swingeing’ penalty of more than £20 million each and a 30-point deduction if they join a breakaway league in the future for similar violations.
Only Barcelona, Real Madrid, and Juventus are still on board with the ESL, with the rest of the Premier League, Serie A, and La Liga clubs pulling out within days of the tournament’s introduction.
After agreeing to reinstate the Premier League contingent, along with AC Milan, Inter Milan, and Atletico Madrid, back into the continental governing body’s fold, UEFA has already launched disciplinary proceedings against the trio.
Rebellious teams statement
The rebellious teams, on the other hand, issued a statement reiterating their “absolute rejection of UEFA’s insistent coercion of three of the most important institutions in the history of football.”
Individual leagues, meanwhile, have taken steps to avert a repeat of the breakaway division, with the Premier League creating an owners’ charter.
The English Premier League has now implemented additional safeguards to ensure the future of the country’s football infrastructure, with fines said to be “comparable” to those agreed with UEFA, which will see nine of the 12 clubs involved in the proposals contribute a total of £13 million to a “gesture of goodwill” that will include youth and grassroots football.
However, following “heated discussions,” it was apparently decided that Premier League penalties would be paid in a lump sum rather than a proportion of next season’s broadcast revenue.
Meanwhile, Italian football authorities have approved the development of a new “anti-Super League” law, and Serie A is exploring fines against Juventus, which may result in the club being kicked out of the country’s top-flight competition.