ANSA: Super League guarantees €10bn towards youth and grassroots – ‘Main accusation is demolished’

The European Super League announced over the last 24 hours is an aim to put elite clubs on better financial footing than they are on under UEFA, a report claims.

The 12 clubs who have signed up as founding members have, rightly or wrongly, been accused of thinking only of their own pockets and nothing else. ANSA (via MilanLive) however reports that sources inside the Super League are pushing a very important detail that is part of the economic plan of the new competition.

In fact, it seems that the Superlega intends to invest €10bn over 23 years for stability, money that will be invested in football beyond the tournament. This is a solidarity contribution, which therefore reaches €434m per year and far exceeds €160m in the current UEFA solidarity.

The money will go towards building the teams involved for the future through investment in youth, grassroots and women’s football. As lawyer Felice Raimondo writes on Twitter: “With this move the main accusation is demolished: a lot of money will be used for solidarity purposes, much more than is done today.”