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Football finance

  • Arsenal and Liverpool say sorry for plotting European Super League but clubs’ defence of motivations shows wildly unpopular project is far from dead

    April 21, 2021

    The English clubs among the “dirty dozen” behind plans for a European Super League have begun attempts to repair the damage caused by the failed breakaway. But while Arsenal and Liverpool apologised to supporters, they and the other English clubs to pull out – Chelsea, Manchester City, Manchester United and Tottenham Hotspur – stopped short [...]

  • All six English clubs abandon JP Morgan Super League plan

    April 21, 2021

    All six English clubs have pulled out of the European Super League (ESL) after plans for the JP Morgan-backed venture were met with a fierce backlash. Manchester City were the first Premier League side to officially withdraw from the competition following reports Chelsea were preparing to do so. Arsenal, Liverpool, Manchester United and Tottenham have [...]

  • Swift disintegration of European Super League leaves it looking like nothing more than an elaborate power play that backfired spectacularly

    April 20, 2021

    We were told by the clubs – the so-called “dirty dozen” – that the European Super League was a done deal. That it was definitely happening. That it was more than just another power play. The fact that it took less than 48 hours from that announcement for Chelsea to back out, and other dominoes [...]

  • European Super League: Boris Johnson says ‘no action off the table’

    April 20, 2021

    Prime Minister Boris Johnson has told football officials that “no action is off the table” as the government looks to block the formation of the new European Super League. During a meeting with the Football Association, the Premier League and football fan groups this morning Johnson pledged his “unwavering support”. He also expressed solidarity with [...]

  • Why the European Super League can prove to be a winner for all stakeholders and future-proof the game

    April 20, 2021

    The proposed European Super League (ESL) represents the biggest shake-up of football since the creation of the Premier League and Champions League.  As with any significant change, the plan has received its share of critics, many of whom suggest that it represents a money grab by the most powerful clubs.  However, far from weakening football, [...]

  • European Super League: Boris Johnson to meet officials amid football row

    April 20, 2021

    Prime Minister Boris Johnson will today host a meeting of football officials and fan representatives to discuss England’s response to the planned European Super League. Furious fans held demonstrations yesterday following the announcement that the Premier League’s six biggest clubs will join the new breakaway competition. The plans have also sparked a backlash among rival [...]

  • Furious UEFA warns clubs: Join European Super League and we will ban you and your players

    April 20, 2021

    UEFA president Aleksander Ceferin has warned the football body is working to ban breakaway European Super League clubs and their players from its competitions “as soon as possible” and urged domestic leagues to follow suit. Twelve clubs, including the Premier League’s so-called ‘big six’, are part of plans which would fundamentally alter the shape of [...]

  • European Super League: How much do clubs stand to earn? Where is the money coming from? And will the rest of football be worse off?

    April 19, 2021

    The driving force behind plans for a new European Super League is money – specifically, the chance to make more of it. But exactly how much money do the six English clubs involved – Manchester United, Liverpool, Manchester City, Chelsea, Arsenal and Tottenham Hotspur – and the other six known founder teams – Real Madrid, [...]

  • The legal issues around a European Super League: Can clubs really be banned from domestic leagues and players barred from World Cups?

    April 19, 2021

    The battle lines over a European Super League may have been drawn but a legal fight that could last for years is only just beginning. Football authorities including the Premier League and Uefa have warned the rebel clubs they will be kicked out of existing domestic and European competitions if they push ahead. Players, too, [...]

  • Manchester United and Juventus shares rise on European Super League announcement

    April 19, 2021

    Shares in Manchester United (MANU) and Juventus (JUVE) rose on Monday following the announcement of plans for a European Super League. Both clubs were confirmed on Sunday night as one of 12 founder members of the breakaway competition, which could replace the Champions League as soon as next year. Shares in United were up more [...]

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