What is Super League: Who Relates, Format, Financing, and Reactions
|The Premier League's big-six clubs - Manchester United, Manchester City, Liverpool, Arsenal, Chelsea and Tottenham - are all involved.|
What Is Super League?
The Super League is a long-discussed idea for a closed competition that would feature Europe's biggest clubs. Over the years, there have been many different theoretical proposals for what that league would look like. On Sunday, 12 clubs announced their intention to break away from Europe's governing body, UEFA, and form their own league. They plan to add three more permanent members and leave five spots open in the 20-team format that European clubs could qualify for from across Europe's domestic competitions.
Who Relates to the Super League?
The Premier League's big-six clubs - Manchester United, Manchester City, Liverpool, Arsenal, Chelsea and Tottenham - are all involved.
AC Milan, Arsenal, Atletico Madrid, Chelsea, Barcelona, Inter Milan, Juventus, Liverpool, Manchester City, Manchester United, Real Madrid and Tottenham Hotspur have all joined as 'Founding Clubs'.
It is anticipated a further three clubs will join ahead of the inaugural season, which, according to the clubs, 'is intended to commence as soon as practicable.
German giants Bayern Munich and Borussia Dortmund are not included and nor are French champions Paris Saint-Germain.
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What is the European Super League's format?
The statement from the organisers explained how the tournament will work.
"[There will be] 20 participating clubs, with 15 Founding Clubs and a qualifying mechanism for a further five teams to qualify annually based on achievements in the prior season," it said.
"[There will be] midweek fixtures, with all participating clubs continuing to compete in their respective national leagues, preserving the traditional domestic match calendar which remains at the heart of the club game.
"[There will be] an August start with clubs participating in two groups of 10, playing home and away fixtures, with the top three in each group automatically qualifying for the quarter-finals. Teams finishing fourth and fifth will then compete in a two-legged play-off for the remaining quarter-final positions. A two-leg knockout format will be used to reach the final at the end of May, which will be staged as a single fixture at a neutral venue.
"As soon as practicable after the start of the men's competition, a corresponding women's league will also be launched, helping to advance and develop the women's game."
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How would the league be financed?
About $5billion has been committed to this new project by the American bank JP Morgan.
In their own announcement, the breakaways clubs state 'The Founding Clubs will receive an amount of €3.5 billion solely to support their infrastructure investment plans and to offset the impact of the COVID pandemic.'
|What is JP Morgan? |
JPMorgan Chase & Co. is an American investment bank and financial services holding company headquartered on Madison Avenue in Midtown Manhattan, New York City.
One of America's Big Four banks (along with Bank of America, Citigroup, and Wells Fargo) it is the world's most valuable bank and considered a systemically important bank by the Financial Stability Board, an international body that monitors and makes recommendations about the global financial system.
Its origins can be defined by several different measures, and in its current structure, JPMorgan Chase is the result of the combination of several large US banking companies.
The company's oldest predecessor institution, the Bank of the Manhattan Company, was the third oldest banking corporation in the United States, and the 31st oldest bank in the world.
It was established on 1 September 1799 by Aaron Burr, who would go on to serve as the third vice president of the United States from 1801 to 1805.
J.P. Morgan & Co. was a commercial and investment banking institution founded by financier J. P. Morgan in 1871, which merged with Chase Manhattan Bank in 1959, beginning to put real shape to what we see from the company today.
Reactions to Super League?
The plans have prompted widespread condemnation, with Sky Sports pundit Gary Neville, speaking before the announcement on Sunday night, labeling the English clubs involved a "disgrace" and calling for them to be sanctioned by the Premier League.
Governing bodies and leagues across Europe are viewing the proposal as an attempted power grab.
The Premier League released a statement saying a super league would "destroy" the premise of open competition.
"Fans of any club in England and across Europe can currently dream that their team may climb to the top and play against the best," said the statement. £We believe that the concept of a European Super League would destroy this dream."
UEFA was similarly critical in a joint-statement with the English Football Association, the Premier League, the Spanish FA, La Liga, the Italian FA and Serie A and threatened to ban participating clubs from their domestic competitions.
"We will consider all measures available to us, at all levels, both judicial and sporting in order to prevent this happening. Football is based on open competitions and sporting merit; it cannot be any other way.
"The clubs concerned will be banned from playing in any other competition at domestic, European or world level, and their players could be denied the opportunity to represent their national teams."
Even Prime Minister Boris Johnson has had his say, tweeting: "Plans for a European Super League would be very damaging for football and we support football authorities in taking action. They would strike at the heart of the domestic game, and will concern fans across the country.
"The clubs involved must answer to their fans and the wider footballing community before taking any further steps."
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