Get 40% Off
🤯 This Tech Portfolio is up 29% YTD! Join Now to Get April’s Top PicksGet The Picks – Just 99 USD

Man United, Liverpool in talks to join new European super league - report

Published 20/10/2020, 14:56
Updated 20/10/2020, 22:26
© Reuters. FILE PHOTO: Premier League - Manchester United v Crystal Palace

© Reuters. FILE PHOTO: Premier League - Manchester United v Crystal Palace

(Reuters) - Manchester United and Liverpool are in talks with Europe's elite clubs to join a new FIFA-backed competition that would reshape soccer's global landscape, Sky News reported on Tuesday.

United declined to comment on the report and Liverpool did not immediately respond to a request for comment.

Citing unnamed "football industry" sources, Sky said more than 12 teams from Europe's top five leagues - in England, France, Germany, Italy and Spain - are in negotiations to become the founding members of the new competition, dubbed the European Premier League, with a provisional start date in 2022.

The report added the financiers are looking to raise a $6 billion funding package to kick-start the new tournament.

Sky said FIFA, football's world governing body, is working on a new format, which is expected to feature 18 teams playing fixtures during the regular European season before a knockout phase. Sky added that neither FIFA nor UEFA had commented on the story.

A FIFA spokesperson told Reuters in an emailed statement: "FIFA does not wish to comment and participate in any speculation about topics which come up every now and then and, for which, institutional structures and regulatory frameworks are well in place at national, European and global level."

European soccer governing body UEFA, whose blue-riband club competition is the Champions League, reiterated its president Aleksander Ceferin's opposition to any such Super League.

"The principles of solidarity, of promotion, relegation and open leagues are non-negotiable," a UEFA statement said.

"It is what makes European football work and the Champions League, the best sports competition in the world.

"UEFA and the clubs are committed to build on such strength not to destroy it to create a super league of 10, 12, even 24 clubs, which would inevitably become boring."

The idea of a European super league has been regularly floated over the last 20 years, with UEFA always coming out strongly against it.

In December, 2018, German magazine Der Spiegel, citing leaked documents, said that it had discovered plans driven by Real Madrid in conjunction with other top European clubs, for the creation of a breakaway league.

Following that report, the European Leagues group (EL), which represents 25 domestic leagues including England’s Premier League, Germany’s Bundesliga and Spain’s La Liga, voiced its “strong opposition” to any such plan.

UEFA is currently working with the European Club Association (ECA), whose members include Europe’s biggest clubs, to redesign the Champions League from 2024 onwards, although no concrete plans have emerged.

In February, 2019, Ceferin said there would be no Super League as long as he was president of UEFA and Andrea Agnelli was the head of the European Club Association.

“It’s not a promise, it’s a fact,” he added.

© Reuters. FILE PHOTO: Premier League - Manchester United v Crystal Palace

The news follows the leaking of 'Project Big Picture', a proposal backed by Manchester United and Liverpool, for radical change of English football that was rejected by a meeting of Premier League clubs last week.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.