Claims by the European Super League’s founder clubs that their competition would better protect the football pyramid have been ridiculed in a new UEFA report. The league collapsed within 72 hours amid fan protests and pressure from UEFA, FIFA, governments and national associations, and UEFA president Aleksander Ceferin said the league “gave with one hand and took with five”. “Without going into detailed calculations, a modest growth rate of five per cent a year (well below historic and current rates) would be expected to generate more than 28 billion dollars in (UEFA) solidarity over 23 years. That figure included an estimate of 7.2 billion euros lost to top-tier clubs, but the maximum damage that could be inflicted to those clubs was put much higher, at 8.1 billion euros. That higher figure comprised four billion euros in lost gate receipts, 2.7 billion in lost sponsorship and 1.4 billion lost broadcast revenue, the report said.

Source: Express May 20, 2021 21:56 UTC