Why European Super League and who was behind it?

Updated 07:14 GMT: All six Premier League teams will no longer take part in the breakaway European Super League. Chelsea FC was the first club of the 12 teams who announced plans  to walk away from the proposed tournament. 

Meanwhile, Inter Milan has also become the first non-English team to officially come out from the European Super League. The Super League said it would reconsider “the most appropriate steps” to reshape the project.

Liverpool FC captain Jordan Henderson tweeted “We don’t like it and we don’t want it to happen,” which was also re-posted by many fellow Liverpool players.

UK Prime Minister Boris Johnson said Manchester City and Chelsea have made “absolutely the right” decision and he hopes others “will follow their lead”. Johnson’s stance against the ESL has been supported by Labour and the Liberal Democrats.

Funded by JP Morgan Chase, Ex-chief executive of BT, Gavin Patterson is more likely to become the  Chief Executive of newly formed ESL.

German giants Bayern Munich, Borussia Dortmund or French champions Paris Saint-Germain (PSG) were not involved on Super League from initial stages.

About $5billion was committed to this new project by JP Morgan and expected multibillions in TV broadcasting rights. Founding Clubs were promised a €200m-€300m “welcome bonus” by JP Morgan Chase. 

The former chief executive of BT is reported to be a candidate to become the European Super League’s first chief executive. Gavin Patterson, who stepped down from his role at the telecoms giant in January 2019 after more than five years, is said to have been approached about the job in recent weeks.

Why Super League?

It’s all about money. A club like Manchester Utd playing in the Champions League, they make  about  £40m to £80m on a good year if they win it. American investment bank JP Morgan Chase funded Super League would offer £250m to £300m to all joining clubs to begin with, which attracted most of the Premier League clubs and others.

Reaction to the announcement of the European Super League was almost universally negative. The hashtag #RIPfootball rapidly trended on Twitter as did the phrase #disgusting and #embarrassing. People were very angry about this. Former England and Manchester United defender Rio Ferdinand was one of the first to condemn the super league by tweeting, “It’s a disgrace, it’s embarrassing, and it goes against everything that football is about.”

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