PARIS, April 19 — A planned breakaway Super League announced by twelve of European football’s most powerful clubs and backed by US investment bank JPMorgan was roundly condemned by fans and federations across the continent today, with Uefa meeting to hold crisis talks over the threat posed to its flagship competitions.

Six Premier League teams — Liverpool, Manchester United, Arsenal, Chelsea, Manchester City and Tottenham Hotspur — joined forces with Spanish giants Real Madrid, Barcelona and Atletico Madrid and Italian trio Juventus, Inter Milan and AC Milan to launch the planned competition.

A joint statement said three more clubs would be invited to join the founding members before the start of the competition “as soon as possible”.

The competition threatens to completely shake up the world’s biggest sport and leaves Uefa’s flagship Champions League facing an uncertain future.

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The clubs, most of them saddled with debt and large wage bills, and hit hard by the pandemic, stand to benefit financially. JPMorgan confirmed it is financing the breakaway league.

“I can confirm that we are financing the deal, but have no further comment at the moment,” a bank spokesman said in a statement to AFP.

The founding clubs will share €3.5 billion (RM17.4 billion) for infrastructure investment and to offset pandemic costs, and are expected to receive a further €10 billion in “solidarity payments” over the life of the initial commitment — much more than is available in the current Champions League.

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The 15 eventual founder members will be guaranteed to play each year in a competition which is intended to take place in midweek, allowing clubs in theory to continue participating in their domestic leagues.

Another five places will available “based on achievements in the prior season”.

‘At least two French clubs’

The absence of French and German teams from the founding members is notable, despite Bayern Munich and Qatar-owned Paris Saint-Germain reaching last season’s Champions League final.

However, a source close to the 12 founding clubs told AFP that “at least two French clubs” are set to be involved every year, without revealing who they would be or how they would be selected.

The Super League announcement appeared to be timed to pre-empt Uefa’s own scheduled unveiling of reforms to the Champions League on Monday, with an expansion to 36 teams from 32 and a minimum of 10 group games for each team.

European football’s governing body met for an executive committee meeting having already described the plans as “cynical” in a joint statement with the three countries’ football associations and domestic leagues.

“The clubs concerned will be banned from playing in any other competition at domestic, European or world level, and their players could be denied the opportunity to represent their national teams,” the statement said.

The reaction from fans and pundits was furious.

The Tottenham Hotspur Supporters Trust — whose club today separately announced the sacking of coach Jose Mourinho — called it a “betrayal”.

“This is unforgivable. Enough is enough,” added the Chelsea Supporters’ Trust.

Meanwhile, former English Football Association chairman Greg Dyke said he believed the widespread opposition to the proposed league will mean it never comes about.

“I think it’s a big mistake. I think the opposition to it, which has come from almost everywhere, I haven’t heard anybody in favour yet, I think will probably stop it,” Dyke, chairman of the FA from 2013 to 2016, told the BBC.

Fifa’s ‘disapproval’

Under the plan, two groups of 10 will play each other home and away, with the top three qualifying for the quarter-finals. The fourth and fifth-placed teams would play off for the two remaining spots.

Then the competition would adopt the same two-leg knockout format used in the Champions League before a single-leg final in May.

World governing body Fifa’s response was less stringent than that of Uefa, as it expressed its “disapproval” and called on all parties “to engage in calm, constructive and balanced dialogue”.

British Prime Minister Boris Johnson said the clubs “must answer to their fans and the wider footballing community before taking any further steps”.

The European Club Association said it “strongly opposes” the Super League while the Premier League, the richest in Europe, issued a furious statement.

“Fans of any club in England and across Europe can currently dream that their team may climb to the top and play against the best,” it said.

“We believe that the concept of a European Super League would destroy this dream.”

‘Lots more to do’

However, Arsenal, who are ninth in the Premier League, hinted at the obstacles ahead, saying “there’s lots more to do to bring the competition to life”.

Juventus, whose share price leapt seven per cent on the opening of the Milan stock exchange, also warned that it “cannot assure that the project will be eventually successfully launched”.

Juventus are facing a battle to finish in the Serie A top four this season, and seven-time European champions AC Milan have not played in the Champions League since 2014.

Real Madrid chief Florentino Perez, who was announced as the first ESL president, said the breakaway reflected the big clubs’ wishes.

“Football is the only global sport in the world with more than four billion fans and our responsibility as big clubs is to respond to their desires,” he said. — AFP