Manchester United, FC Barcelona & Real Madrid among 12 clubs in a breakaway Super League

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12 of Europe’s leading football clubs have announced they have agreed to establish a new midweek competition, ‘The european Super League’, governed by its founding clubs. The proposition involves the clubs forming their own competition to emulate the UEFA Champions League. 
The Premier league’s big 6 clubs- Manchester United, Manchester City, Liverpool, Arsenal, chelsea and Tottenham are all involved. Other top clubs include Real Madrid, Atletico Madrid, AC Milan, Barcelona, Juventus and Inter Milan. 
The clubs say that the formation of the Super League comes at a time when the covid pandemic has increased the instability in the existing european football economic model. 
The format and the working has been specified. 20 participating clubs with 15 founding clubs and a qualifying mechanism for a further 5 teams to qualify annually based on achievements in the prior season. To start in August each year, with midweek fixtures, the clubs would be split into two groups of ten, playing each other home and away. In every group the top three will qualify for the quarter finals. 
For the remaining quarter final positions, there will be a two legged play off competition between the teams finishing fourth and fifth. At the end of May to reach the final, the format of a two-leg knockout will be used.
A lot of money is involved in this. The statement from the 12 clubs said: ‘The Founding Clubs will receive an amount of 3.5 Billion solely to support their infrastructure investment plans and to offset the impact of the COVID pandemic. The money would be split among four tiers of clubs, with the top six each getting 350 Million euros. 
Reactions to this so far have been negative. UEFA released a joint statement saying that they will remain united and will try to stop the breakaway using all available measures. FIFA said this breakaway will not be recognised and any other club or player involved in such a competition would as a consequence not be allowed to participate in any competition which will be organized by FIFA. Fan groups associated with all English Clubs are strongly opposed to the Super League. 

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