Liverpool and 5 Premier League clubs told European Super League fine as FSG vow to pay their share from their own pockets
According to a report by The Athletic (Subscription Required), Liverpool and five other English teams have come to an understanding with the Premier League regarding the fine for their involvement in the European Super League.
The 6 clubs involved would have to pay a combined £22million fee. The other five clubs are – Arsenal, Chelsea, Manchester United, Manchester City, and Tottenham Hotspur.
The six English teams joined 6 other European teams to announce the creation of a breakaway European Super League. The competition would have substituted the UEFA Champions League for these clubs and guaranteed them qualification each year.
This luxury would have been available only to the founders of the league; all 6 Premier League teams involved would have held that position. But it did not go through, thanks to massive protests that led all English teams to withdraw from the ESL.
Liverpool told Super League fine
And the Athletic UK’s James Pearce reported that Fenway Sports Group (FSG), who are the owners of Liverpool, would pay the Reds’ £3.7million share of the fine from their own pocket rather than the club’s coffers.
But that is not all. The Premier League has taken steps to ensure that a repeat incident does not happen. And for that, they already set out fines if such an incident happens again.
If clubs undertake a similar venture in the future, they would each have to pay a £25million fine on top of a 30-point deduction from their Premier League points tally.
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It was clear from the starting moment that fans were not in favour of this. Widespread protests indicated that even though the big 6 clubs would have benefitted financially from ESL, fans were more interested in protecting the morality and principles of the beautiful game.