Football's new €3.5bn Super League explained

Summary by Krater

This video breaks down the concept, format, and key stakeholders of the controversial European Super League proposed by 12 clubs in April 2021. It concludes with an overview of the permanent membership structure, the qualifying teams, and the intense backlash from football associations and governing bodies.

From the video

Answers: What is the European Super League, who is involved, and what is its format?

• European Super League concept
• Founder clubs and permanent membership
• League format and qualification mechanism
• Financial backing by JP Morgan
• Reaction and threatened bans from football associations

What it concludes

• 12 founding clubs released a joint statement announcing their intention to break away from UEFA and join a new mid-week Super League.
• Bayern Munich and Paris Saint-Germain rejected the opportunity to participate and opposed the breakaway.
• 15 founding teams will collectively receive 3.5 billion euros for joining.
• JP Morgan will provide the initial funding for the league.
• The 20 teams would be sorted into two groups of 10, with four teams from each group qualifying for a two-legged quarter-final stage.
• UEFA, the English Football Association, Spanish and Italian football federations, and Serie A threatened a ban for participating clubs from all other domestic, European, and world level competitions.