FC Barcelona will receive €1 billion if the European Super League goes ahead according to Mundo … [+]
Bitter rivals FC Barcelona and Real Madrid will receive $1.09 billion (€1 billion) each if the European Super League goes ahead, according to Mundo Deportivo.
The breakaway competition seen as a threat to the Champions League and domestic championships originally tried to get off the ground in early 2021.
After fans of the six English clubs involved voiced opposition, however, causing a series of withdrawals, the two Spanish giants plus Juventus were the only outfits left standing.
Juventus also pulled out earlier this year, reportedly fearing that they wouldn’t be allowed to participate in European competitions this term amid pressure from continental football governing body UEFA
EFA
Despite fallings out over the unfolding ‘Caso Negreira’, the two eternal enemies of El Clasico remain allies in the European Super League, which some believe a necessary evil for them to keep up with the likes of state-backed behemoths such as Manchester City and Paris Saint-Germain.
Together next Thursday, they await to hear a final European Court of Justice verdict when it will ultimately be decided whether UEFA enjoys an illegal monopoly on the organization and commercialization of elite European football competitions.
As explained by The Athletic, UEFA continues to be convinced that it will receive a positive outcome in its favour while the other side of the fence feels “fully confident that the law is on its side”.
The European Super League going ahead appears to be in the best interests of Barca, who were plunged into debts exceeding $1 billion at the turn of the decade thanks to overpaying on failed signings such as Philippe Coutinho and Antoine Griezmann coupled with a lack of income during the pandemic.
According to Mundo Deportivo, the Super League “may be the short-term solution to the financial problems of FC Barcelona and Real Madrid” given that they will receive a much-needed $1.089 billion (€1 billion) cash injection each if and when it finally gets underway.
This is because they would be founding members of the competition, which will not go unrecognized by investors set to stump up a reported $16.3 billion (€15 billion) plus A22 Sports Management which is the company behind its inception.
