BEVERLY HILLS, May 07, (THEWILL) – All six of the English Premier League clubs that were part of the European Super League project have signed a “club commitment declaration” with the Union of European Football Associations (UEFA) as part of backing out of the breakaway attempt.
Included in this declaration is an agreement to face a €100 million (£87m) fine if they ever attempt another such move in the future. The six were joined by AC Milan, Inter Milan and Atletico Madrid in re-committing to existing international and national club competitions.
UEFA highlighted this in a statement that declared: “Those nine clubs acknowledge and accept that the Super League project was a mistake and apologise to fans, national associations, national leagues, fellow European clubs and UEFA.
“They have also recognised that the project would not have been authorised under UEFA Statutes and Regulations.”
In addition to these, the nine clubs will make a combined €15 million (£13m) goodwill contribution to benefit children’s and grassroots football across Europe. They will also have 5 percent of UEFA competition revenues withheld for one season as a warning gesture.
This aside, three clubs, Real Madrid, Barcelona and Juventus, have remained recalcitrant, refusing to renounce the ESL forcing UEFA to insist that it will take “appropriate action” against the trio.
“UEFA has reserved all rights to take whatever action it deems appropriate against those clubs that have so far refused to renounce the so-called ‘Super League’.”
“The measures announced are significant, but none of the financial penalties will be retained by UEFA. They will all be reinvested into youth and grassroots football in local communities across Europe, including the UK.
“These clubs recognised their mistakes quickly and have taken action to demonstrate their contrition and future commitment to European football.
“The same cannot be said for the clubs that remain involved in the so-called “Super League” and UEFA will deal with those clubs subsequently.”
What that will imply for the trio and if it will cause them to change remains to be seen.