The newest tournament every year should ensure the stability of the economic model of European football, increase the quality and intensity of the competition, creating a format for the regular competition of the leading clubs and players.
A collective lump sum payment of € 3.5 billion to the founding clubs of the newly minted European Super League will be designated to invest in infrastructure and to offset the adverse impact of the coronavirus pandemic. This is stated in a press release on the website of the formed Super League.
“We will support football at all levels and bring it to a worthy place in the world. Football is the unified appearance of the sport in the world, with more than four billion fans, and huge clubs are responsible for meeting their aspirations, ”said Florentino Perez, President of Real Madrid Football Club.
Perez became the first chairman of the Super League. Juventus president Andrea Agnelli and Manchester United owner Joel Glazer became vice-chairmen of the newly-made tournament.
“By bringing the world’s greatest clubs and players together to play buddy and buddy, the Super League will usher in a new chapter in European football, guaranteeing a world-class competition and setting, and increasing the financial support for football,” added Joel Glazer, Manchester United Co-Chair and Vice Chairman Super League.
Leading European football clubs have entered the Super League: Milan, Arsenal, Atletico Madrid, Chelsea, Barcelona, Internazionale Milan, Juventus, Liverpool, Manchester City, Manchester United ”,“ Real Madrid ”and“ Tottenham Hotspur ”. It is known that three more teams are to join the newly minted League.
It is known that there will be 15 founding clubs in the Super League. Five more teams will be joining the Super League, past the annual qualifier based on last season’s accomplishments.
Matches will be played at half a week.
The Super League also says they are guessing at cooperation with UEFA and FIFA.