The six English clubs that said they would join the European Super League will pay a combined 22 million pounds ($31 million) as "a gesture of goodwill" and face a 30-point deduction if they attempt a similar move in future, the Premier League said on Wednesday.
Arsenal, Chelsea, Liverpool, Manchester City, Manchester United and Tottenham Hotspur will also each be fined 25 million pounds if they attempt another breakaway, the league added.
Exclusive: The six clubs - Arsenal, Chelsea, Liverpool, Manchester City, Manchester United and Tottenham Hotspur - have also agreed to fines of over £20m EACH and 30-point deductions if they sign up to any similar European breakaway concept in future.
— Mark Kleinman (@MarkKleinmanSky) June 9, 2021
The 22 million pounds collective payment by the 'Big Six' will go towards "the good of the game", including new investment in support for fans, grassroots football and community programmes.
"The Premier League and The FA have worked closely together throughout this process and this agreement brings both investigations into the matter to a conclusion," the league said.
The six clubs involved in proposals to form a European Super League have today acknowledged once again that their actions were a mistake, and have reconfirmed their commitment to the Premier League and the future of the English game#PL and @FA statement: https://t.co/8b8ZdFIy49 pic.twitter.com/lLqbu6qHT1
— Premier League Communications (@PLComms) June 9, 2021
The Super League was launched with 12 clubs as founding members, but nine of them -- six from England and AC Milan, Inter Milan and Atletico Madrid -- have since backed out and reached a deal with UEFA.
Agnelli: "Juventus, Barcelona and Real Madrid are determined to achieve a complete reform of the competitions, and above all, in the interest of the clubs that show us fear for this situation."
— JuventusFC (@juventusfcen) June 4, 2021
($1 = 0.7076 pounds)
(Reporting by Hritika Sharma in Hyderabad and Simon Jennings in Bangalore; Editing by Hugh Lawson)
