“In the spirit of reconciliation and for European football.” Thus begins the UEFA statement confirming that nine of the 12 clubs established in the first division have signed a declaration of their commitment to the Supreme Authority of European Football, and specifically with their competitions.
A kind of peace treaty where Real Madrid, Juventus and Barcelona are not the only clubs that have not given up on the new competition. Liverpool, Manchester United, Arsenal, Tottenham, Manchester City, Chelsea, Atlético Madrid, Milan and Inter Milan are the clubs that have returned to UEFA and the European Club Association.
“These nine clubs understand and accept that the Premier League project was a mistake and apologize to the fans, the national federations, the domestic leagues, the rest of the European clubs and UEFA. They are also aware that the project will not be recognized by UEFA laws and regulations.”
But nothing will be done without consequences. The nine clubs have agreed to permanently end their association with the Premier League, and if they hold another competition outside the UEFA umbrella, they will have to pay a € 100m fine.
Together, they will also donate € 15 million to youth football in local communities, and 5% of the income they receive from UEFA will be deducted from them and distributed to other clubs.
“Unapologetic analyst. Infuriatingly humble coffee evangelist. Gamer. Unable to type with boxing gloves on. Student. Entrepreneur.”