The European Super League contracts signed by all 12 founding-member clubs have been leaked online, showing a £130million break-up fee for those withdrawing from the project.
Last Sunday European football was rocked to its core when 12 elite clubs announced their intention to break away and form a Super League, in which they would be guaranteed entry year on year regardless of sporting merit.
The news sparked unparalleled levels of outrage amongst fans, pundits, politicians and even royalty, who all spoke out in condemnation of a plan that would allow some of the biggest teams in the world to avoid competition from smaller outfits.
However, on Tuesday and Wednesday all but three of the clubs involved performed drastic U-turns and withdrew from the proposal.
The Premier League’s Big Six sides were the first to pull out, before Atletico Madrid, AC Milan and Inter Milan soon joined them.
Real Madrid and Juventus, whose chiefs Florentino Perez and Andrea Agnelli were the driving forces behind the project, and Barcelona, who are suffering from crippling debts right now, are the only three clubs who remained committed to it.
And when taking a look at the leaked contracts, it is not hard to see why they decided against withdrawing.
German outlet Der Spiegel has released a few pages of the document, which all 12 clubs are said to have agreed to before the controversial announcement came late on Sunday night.
The contract shows that Barca and Madrid would both receive an extra €60million (£52m) more than their co-founders.
One area is titled ‘Additional compensation for the first 2 seasons of the Super League competition'.
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It says: “Barcelona and Real Madrid will be paid the additional fixed amount of €60m (£52m) each, payable in two equal instalments.
“For this purpose, at the end of the first Super League season and at the end of the second Super League season, they will be paid €30m (£26m) each.”
Yet, most significantly the contract indicates clubs who pull out of the Super League face a £130million penalty fee.
That would come as a major blow to the Premier League’s Big Six clubs and others who have withdrawn, although they were handed a boost when UEFA confirmed there will be no sporting punishments for any team involved on Friday.
Super League sides would also have had the right to show four of their regular season games live “exclusively” on “core club platforms”, while Milan, Inter and Atletico would have received a smaller share of the initial “infrastructure grant amount”.
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