A dozen of Europe’s richest and most successful soccer clubs have announced their intention to form a closed Super League of professional teams, creating an uproar in the world of European sports.
The new league, financed by a $6 billion loan from JPMorgan
would include 15 founder teams and five other clubs qualifying via national championships. Matched would be played weekly throughout the year.
- It aims to replace the current Champions League, Europe’s most prestigious soccer tournament, which is currently open each year to the three or four top clubs from each member league in the Union of European Football Associations.
The UEFA, as well as most national championships, has threatened to ban the teams that participate in the Super League, which include England’s top names such as Liverpool, Arsenal and Manchester United
- French President Emmanuel Macron as well as U.K. Prime Minister Boris Johnson joined the furor on Monday to say they would support efforts to scuttle the attempt to create the Super League, which Johnson said would “strike at the heart of the domestic game.”
The outlook: No French or German clubs have joined the breakaway attempt, and the furor, coupled with government hostility, could bring it to a quick end. But the rebels may have engaged in a power play to extract concessions on, among others, the sharing of revenue from the Champions League matches.