Some more information has emerged regarding the plans for a European Super League including funding and the stance of the parties involved.
According to a report from the Financial Times, Super League’s organisers have held early discussions with broadcasters, seeking to secure deals with likes of Amazon, Facebook, Disney and Comcast-owned Sky.
They add that the Super League’s 15 permanent members will jointly own a newly incorporated company in Spain which will share all future media and sponsorship rights derived from the competition. The 12 clubs that have signed a binding agreement to form the Super League have been guaranteed a “welcome bonus” worth €200-300m each.
By securing a major broadcaster, the organiser would raise annual revenues worth €4billion per year – roughly double the amount earned by Champions League.
Meanwhile, UK Prime Minister Boris Johnson has said his government will work with football authorities to stop the European Super League from going ahead “as it has been proposed.”
FIFPRO, the worldwide representative organisation for 65,000 professional footballers, have released a statement on the Super League confirming they will ‘vigorously oppose’ any attempts to block its players from playing for their national teams if they are part of the Super League.
As per @ on Twitter, the Super League will commit 8% of revenue – a minimum €400m a year – in ‘solidarity payments’ to European clubs, more than UEFA’s $240m. That assumes annual revenues of €5bn, and the Champions League currently generates €3.2bn.
As per @, a board member at one of English clubs joining Super League: “This isn’t a civil war, it’s a nuclear war. To be honest though the owners are not that worried about bad PR, they were expecting it.”