The new format for the Champions League will likely be approved in the next few days, but opposition is being accelerated and an announcement could come from those behind the European Super League idea imminently.
European Super League: Real Madrid and Manchester United lead
Led by Real Madrid and Manchester United, alongside financial firm Key Capital, the Super League project has been evolving confidentially with fears that the new Champions League format could impact their plans.
A number of big clubs are also signed up, including Liverpool, Arsenal, Chelsea and Tottenham Hotspur, according to The Times. Others, including Paris Saint-Germain, Bayern Munich and Juventus, are further away and some others see it as a way to gain more strength to negotiate with UEFAThe announcement regarding the Super League could now come in the next few days, or even hours.
Trying to convince the leagues and UEFA
The idea that those behind the Super League are working on is to try to persuade domestic competitions that this is not a threat to them, as it will simply replace the current Champions League.However, leagues know that they couldn’t share TV money in the same way that they do now if some clubs are also earning from the European Super League.If this were the case, leagues would reduce TV money for Super League clubs by as much as 30 to 50 million euros, which could apply from next season. They fear a situation like with the EuroLeague in basketball, with clubs moving away from domestic competition. UEFA are also planning action.
While some responses include limits on income, the most extreme sanctions could go as far as to ban clubs from playing in the Champions League.It’s hard to see how these clubs could convince UEFA that they would not be doing them a great deal of damage. UEFA‘s executive committee will approve the new Champions League format on Monday, but these clubs are still working on an alternative.Tottenham, Atletico Madrid, Inter, AC Milan, Barcelona and others have all been kept in the loop and suggested that the Champions League could be coming to an end.
What makes matters even more serious is that FIFA are in close contact on the topic, concerned by how it could affect the Club World Cup.