European football is currently reeling from the reports that some of the continent’s biggest clubs have agreed to form a new division boasting all six of the Premier League’s biggest sides, as well as the likes of Barcelona, Real Madrid and AC Milan.
The Times and Daily Mail have revealed that an official statement is set to be released at 9:30pm on Sunday confirming plans for a new breakaway league which would see Florentino Pérez become president, with Arsenal, Spurs and Chelsea three of six Premier League sides set to feature.
The plans have been heavily opposed by UEFA and the Premier League.
Here’s a full breakdown of what these latest plans could mean for the Premier League and those involved.
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Who is involved?
According to the latest reports, England’s big six have already agreed to join a breakaway league.
Outside of the UK, Real Madrid, Barcelona, Atletico Madrid, Inter Milan, AC Milan and Juventus have also agreed to take part, though Paris Saint-Germain and Bayern Munich hold reservations.
How would the tournament work?
Provisional plans for the Super League would see 15 founding members automatically included, with five spaces up for grabs on an annual basis.
Each club would reportedly receive £310million to join the new league, committing them to 18-23 European fixtures per season.
How does this affect the Premier League?
Clubs would need permission from the Premier League to join any new competitions and if that was rejected, as expected, it could force them to walk away from domestic football.
Any decision would be judged by the Premier League board and not a vote between the 20 clubs themselves.
What has The Premier League said?
In a statement released on Sunday, they said: “The Premier League condemns any proposal that attacks the principles of open…