European soccer’s ‘Super League’ appears to have collapsed just days after being announced.
The collapse came after all six British Premier League teams involved in the proposed Super League withdrew. Manchester City was the first club to pull out after Chelsea had signaled its intent to do the same. The other four British teams - Arsenal, Liverpool, Manchester United (NYSE:MANU) and Tottenham - have all now announced that they won’t participate in the Super League.
Italian soccer club Inter Milan is also set to withdraw as it no longer wishes to be involved with the project, according to multiple media reports.
The 12-team Super League, set up by the aforementioned teams and Spain's Atletico Madrid, Barcelona and Real Madrid, and Italy's AC Milan and Juventus was announced on Sunday to swift and widespread criticism.
In a statement, the European Super League said: "Given the current circumstances we shall reconsider the most appropriate steps to reshape the project, always having in mind our goals of offering fans the best experience possible while enhancing solidarity payments for the entire football community."
UEFA President Aleksander Ceferin welcomed the reversal, saying in a statement: "I said yesterday that it is admirable to admit a mistake and these clubs made a big mistake."
In announcing its proposal for a soccer Super League that would have eventually comprised 20 teams, the 12-club group said it was proposing the new league because proposed reforms to the established “Champions League” did not go far enough.
Related Stories
