SL fine incoming.... | Vital Football

SL fine incoming....

Spursex

Alert Team
#1
Premier League to announce fines in the millions for rebel clubs involved in Super League breakaway

The size of the fine is expected to be significant and all six clubs will express contrition on their part at the failed coup

By Sam Wallace, Chief Football Writer 8 June 2021 • 11:56pm

The Premier League will announce this week that it has reached agreement on a fine running into the millions for the six rebel clubs who conspired to join the European Super League - the breakaway that endured a short but unforgettable existence in April.
The size of the fine is expected to be significant and all six – Manchester City, Manchester United, Liverpool, Chelsea, Tottenham Hotspur and Arsenal – will express contrition on their part at the failed coup. In addition to apologising publicly in a statement to be released by the league, the clubs involved will admit that their participation was a mistake and pledge never to join an unsanctioned competition again.
The Premier League will also disclose the size of the figures that have been agreed with the rebel six clubs. The Premier League has drafted new regulations which will impose huge sanctions on any club attempting to join a breakaway in the future. Instead of a disciplinary process, the clubs and league have agreed on a compensation process which has seen them arrive at appropriate damages payments for their decision to join the breakaway, that lasted two days - between April 18 and April 20 – before collapsing.
Nine of the 12 rebel clubs, including the six from England, have already reached agreement with Uefa on the fines – around £7 million each. All nine have contributed to a combined payment of €15 million [£13million] towards what Uefa called a “gesture of goodwill” to benefit children, youth and grassroots football. In addition it has fined them five per cent of their annual Uefa prize revenue.
The six clubs have broken rule L9 that requires shareholders to gain written approval from the Premier League to join any new competition. It was agreed by the 14 other Premier League shareholders that the fines had to be significant, in order for them to have an effect on the league’s six wealthiest clubs and to make clear the seriousness with which the others and the executive regard the offences.
There are still three clubs – Real Madrid, Barcelona and Juventus – who remain in defiance of Uefa and are now formally under investigation from Uefa.
 
#3
This will be interesting. I can't imagine after the UEFA and FIFA actions were overturned that the clubs will take this lying down. If the clubs do sign a non-compete agreement with the PL from all of this the PL will become a backwater in 10 years.

Someone will start a new league with completely new teams and take all the best players.

The PL and English football in general will fade.
 

Spursex

Alert Team
#4
This will be interesting. I can't imagine after the UEFA and FIFA actions were overturned that the clubs will take this lying down. If the clubs do sign a non-compete agreement with the PL from all of this the PL will become a backwater in 10 years.

Someone will start a new league with completely new teams and take all the best players.

The PL and English football, in general, will fade.
Believe it or not, The clubs in the PL have ALL bent over and accepted it.
 
#8
Premier League clubs have agreed in principle to an Owners’ Charter in a bid to prevent any future plans to form a new European Super League breakaway project.
The Premier League held its Annual General Meeting on Thursday in the wake of the ‘Big Six’ - Arsenal, Chelsea, Liverpool, Manchester City, Manchester United and Tottenham - agreeing to pay a combined £22million for their involvement in the failed Super League proposals.
The ‘Big Six’ will each be fined £25m and face a 30-point deduction if they attempt another breakaway competition.

“At the Premier League’s Annual General Meeting today, shareholders discussed a range of matters and recommitted to build on the collective of all 20 clubs to benefit the wider game.

“Following yesterday’s agreement between the Premier League, The FA and the six clubs involved in the proposals to form a European Super League, shareholders today approved rules to further protect the League against any future competition breakaways. Clubs in breach of the new rules will be subject to significant sanctions.
“Clubs also agreed to the principle of an Owners’ Charter, which will reaffirm the values and expectations placed on clubs and their owners.
“These additional rules and regulations are being put in place to ensure the principles of the Premier League and open competition are protected and provide certainty and stability for our clubs and their fans.”