LEAKED documents reportedly signed by the 12 founders of the European Super League have revealed clubs could face a £130MILLION bill to pull out.
The contract, shown by German outlet Der Spiegel, outlined the huge fees being prepared for the continent’s biggest clubs.
And with the project now kicked into touch after the Premier League’s ‘Big Six’ withdrew, those involved could now be involved in bitter legal wrangling over millions of pounds.
The documents show that clubs would have to organise broadcasting themselves – and if they wanted out of the deal it would cost £130m.
Paris Saint-Germain, Bayern Munich and Borussia Dortmund also feature as ESL organisers attempted to woo the dissenting clubs, offering them extra time to formally commit after the announcement.
Am ‘Infrastructure Grant’ topping £3BILLION was divvied up in the details, with founders set to for mega payments.
The 15 proposed clubs were split into three groups with Borussia, Inter Milan, AC Milan and Atletico Madrid handed the lowest figure.
Some £116m was promised to each of the quartet for their slice of the grant, 88.5 per cent of which was to be spread across the founders.
All six English clubs as well as Juventus, Paris Saint-Germain and Bayern were set to take home £236m each.
While Barcelona and Real Madrid were both obliged to be awarded an extra £52m, according to the leak.
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Payments spread over two years with the Clasico rivals benefiting from ‘the distribution of Net Media Revenues’ for the first two seasons.
Further plans to maximise earnings were afoot as clubs were allowed the right to exclusively broadcast four games of the regular ESL season on their own media channels.
That meant fans would have to directly pay their club for the right to watch via an official website, television channel or mobile app.
The ESL collapsed only 48 hours after it was announced when the Premier League founders; Chelsea, Manchester City, Manchester United, Arsenal and Liverpool quit under intense fan pressure.
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United, Arsenal and Liverpool in particular have faced fan protests calling for the club owners to sell up and leave.
Potential consequences are also likely to arise from Uefa, the Prem authorities and angry ESL organisers.
Real Madrid club president Florentino Perez has hit out at those attempting to leave the project, insisting that it is not dead but on ‘standby’.
But American investment bank JP Morgan, who were bankrolling the Super League to the tune of £3.5BILLION, have pulled their backing.
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Source: Soccer - thesun.co.uk
