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Leaked European Super League Contracts Reveal Heavy Fines For Withdrawing Clubs

2 years agoFri, 23 Apr 2021 14:31:06 GMT
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Leaked European Super League Contracts Reveal Heavy Fines For Withdrawing Clubs

Details of the European Super League (ESL) contracts signed by all 12 rebel clubs have been leaked online with some startling detail about the riches on offer and heavy fines to clubs withdrawing.

German outlet Der Spiegel has released a few pages of the document, which was agreed to by the Premier League’s ‘Big Six’, as well as three clubs from Italy and three from Spain before the controversial announcement last week.

The leaked details of the 23-year contracts signed by the 12 clubs have given an insight into some aspects of the competition and the financial rewards that those involved were set to receive.

German outlet Der Spiegel has released a few pages of the European Super League contracts
  • Teams would also have the right to exclusively broadcast a number of their matches on in-house channels
  • Real Madrid and Barcelona would be paid the additional fixed amount of €60m (£52m) each, payable in two equal instalments.
  • Super League clubs would have the right to show four of their regular season games live per season “exclusively” on “core club platforms”‘, such as their website, club mobile application and TV channel.
  • Those clubs who have pulled out face a £130m fee -This would ensure additional income from the clubs’ in-house media channels, allowing them to earn extra revenue from subscriptions to those packages.
  • The 15 founder clubs – which is the original 12 plus Paris Saint-Germain, Bayern Munich and Borussia Dortmund, who were all due to be invited – AC Milan, Atletico Madrid, Dortmund and Inter Milan would receive a smaller share of the initial ‘infrastructure grant amount’.
  • Arsenal, Bayern, Chelsea, Barcelona, Juventus, Liverpool, Manchester City, Man United, PSG, Real Madrid and Tottenham were due to earn 7.7 per cent of the initial payment given to founder members.
  • The other four teams were only due to bring in 3.8 per cent of that figure.

The move to have an elite league was slammed by fans, players, managers, politicians and even royalty this week.

All the six big English clubs succumbed to pressure and withdrew forcing the ESL founder, Juventus chairman Andrea Agnelli, to announce it could not go ahead.

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To make matters worse, American investment bank JP Morgan pulled their £3.5billion backing of the Super League.

More: Daily Mail

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