Friday, June 25

Tag: founding clubs

JP Morgan Announce They Have Ended £3.5 Billion European Super League Backing
Sport

JP Morgan Announce They Have Ended £3.5 Billion European Super League Backing

  The company financing the European Super League have pulled out of the breakaway competition. American bank JP Morgan gave a £3.5 billion backing to the league which 12 founding clubs had signed up to be a part of it. As per The Guardian, JP Morgan's bankers were poised to be covering payments of €200m and €300m to all sides involved. But widespread opposition from fans, players, clubs, associations and governing bodies caused the Premier League's "big six" to drop out one by one, with Atletico Madrid and clubs in Italy also getting cold feet. And now JP Morgan have released a statement confirming their withdrawal and apologising for their error or misjudgment.   "We clearly misjudged how this deal would be viewed by the wider football community and how it ...
FIFA president, Infantino Condemns ESL, Sends Warning To Founding Clubs
Sport

FIFA president, Infantino Condemns ESL, Sends Warning To Founding Clubs

FIFA president Gianni Infantino condemned the European Super League and warned the clubs involved of the consequences. Twelve clubs – including the Premier League’s so-called ‘big six’ – were part of the controversial plans to create a new competition. The Super League plans were condemned across the football community with the Premier League, FA and even Prime Minister Boris Johnson criticising the clubs. A suggestion from UEFA that participating players would not be allowed to take part in major international tournaments was shot down by Real Madrid president Florentino Perez. However, FIFA have taken a similar hard line approach judging by Infantino’s comments. He is the latest to add his voice to the dissenting choir and told the UEFA Congress on Tuesday morning: “We...
Real Madrid Leads Early Power Rankings Of The European Super League
Sport

Real Madrid Leads Early Power Rankings Of The European Super League

On Sunday, AC Milan, Arsenal, Atletico Madrid, Chelsea FC, FC Barcelona, Inter Milan, Juventus, Liverpool FC, Manchester City, Manchester United, Real Madrid and Tottenham Hotspur were announced as the 12 founding clubs in a new European Super League. A start date for this proposed Super League hasn't been announced yet, but we're not going to wait to figure out how these teams stack up. Given the teams' current form in domestic and European competitions, here's a look at how the squads rate: 1. Manchester City Under the careful direction of Pep Guardiola, Man City is cruising toward its third Premier League title in four years. Man City also eliminated Borussia Dortmund in UEFA Champions League play to reach the semifinals. If Man City can pull it off, a Premier League-Cha...

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