FC Barcelona and Real Madrid Set to Gain $1.1 Billion Each in European Super League, Reports Mundo Deportivo
Bitter rivals FC Barcelona and Real Madrid are reportedly in line to receive a substantial financial windfall of $1.09 billion (€1 billion) each if the European Super League comes to fruition, according to reports from Mundo Deportivo.
European Super League’s Troubled History
The European Super League, initially proposed in early 2021, posed a significant threat to established competitions like the Champions League and domestic leagues. While six English clubs initially joined the endeavor, vehement fan opposition led to withdrawals, leaving Barcelona, Real Madrid, and Juventus as the sole contenders. Juventus also withdrew amid concerns about participating in European competitions.
Despite their differences in the ‘Caso Negreira,’ the longstanding rivals of El Clasico, FC Barcelona and Real Madrid, find themselves allied in the pursuit of the European Super League. Some perceive the breakaway league as a necessary measure for these clubs to compete with state-backed powerhouses like Manchester City and Paris Saint-Germain.
The fate of the European Super League hangs in the balance as both UEFA and the breakaway clubs await a final verdict from the European Court of Justice. The decision will determine whether UEFA holds an illegal monopoly on the organization and commercialization of elite European football competitions. The Athletic reports UEFA’s confidence in a positive outcome, while the breakaway clubs remain equally confident that the law supports their position.
Financial Boost Amidst Debt Woes
For FC Barcelona, plagued by debts exceeding $1 billion, the European Super League could serve as a short-term financial remedy. Mundo Deportivo suggests that the competition might be the solution to the financial challenges faced by Barca and Real Madrid. As founding members, they stand to gain a much-needed cash injection of $1.089 billion (€1 billion) each if the league materializes.
Being founding members of the European Super League holds significant financial benefits for Barcelona and Real Madrid. Investors are expected to contribute a reported $16.3 billion (€15 billion), alongside A22 Sports Management, the company spearheading the league’s establishment.
The outcome of the European Court of Justice verdict next Thursday will likely shape the future of elite European football, with financial considerations playing a pivotal role for the founding members.
