Club, Florentino Perez, Super League

Club, Florentino Perez

'The clubs cannot leave' - Real Madrid president insists Super League will return

'The clubs cannot leave' - Real Madrid president insists Super League will return

24/4/2021 2:23:00 PM

'The clubs cannot leave' - Real Madrid president insists Super League will return

Real Madrid president Florentino Perez says the 12 clubs who were to found the European Super League cannot abandon it due to binding contracts, ...

SportReal Madrid president Florentino Perez says the 12 clubs who were to found the European Super League cannot abandon it due to binding contracts, and he promised the project would return after a period of reflection.Soccer Football - Real Madrid president Florentino Perez arrives at a radio station in Madrid, Spain - April 21, 2021 REUTERS/Sergio Perez

24 new community COVID-19 cases in Singapore, 17 linked to Changi Airport cluster Yio Chu Kang Primary School to conduct home-based learning after student tests positive for COVID-19 Covid-19: 4 cleaners at Changi Airport T3 among new cases as cluster grows to 46

24 Apr 2021 07:05PMShare this contentBookmarkMADRID: Real Madrid president Florentino Perez says the 12 clubs who were to found the European Super League cannot abandon it due to binding contracts, and he promised the project would return after a period of reflection.

Perez was one of the leading figures in the breakaway competition, which was unveiled last Sunday only to fall apart within days when all six English clubs involved withdrew and others followed.AdvertisementAdvertisementBut Perez, whose club is one of three teams along with Barcelona and Juventus yet to abandon the project, said it was not so simple for clubs to leave. headtopics.com

"I don't need to explain what a binding contract is but effectively, the clubs cannot leave," Perez told Spanish newspaper AS on Saturday."Some of them, due to pressure, have said they're leaving. But this project, or one very similar, will move forward and I hope very soon."

The Super League was dealt another blow on Friday when JPMorgan, who had provided a 3.5 billion euro (US$4.2 billion) grant to the founding clubs, said it had"misjudged how the deal would be viewed".AdvertisementAdvertisementPerez, however, said the bank was still on board.

"It's not true they've withdrawn. They have taken some time for reflection, just like the 12 clubs. If we need to make changes we will but the Super League is the best project we've thought of," he added."The partnership still exists as do the members who comprise the Super League. What we have done is taken a few weeks to reflect in light of the fury of certain people who don't want to lose their privileges and have manipulated the project."

Devised in secret among club bosses and financiers, theproject has effectively imploded, however, after a ferocious backlash from fans, pundits and politicians.AdvertisementPerez reiterated the need for the new competition to boost clubs struggling to cope with losses from the COVID-19 pandemic, adding that the 12 Super League clubs had lost a combined 650 million euros last year and stood to lose up to 2.5 billion euros this year. headtopics.com

24 new community COVID-19 cases in Singapore, including private tutor, 2 maids U.S. calls Xinjiang an 'open-air prison,' decries religious persecution by China US seizes shipment from Malaysia's Top Glove over forced labour concerns

He was also not convinced by UEFA's next reform of the Champions League, which will see the competition expanded to 36 teams from 2024."The Super League is the best possible project to help football come out of the crisis. Football is gravely hurt and we have to adapt to the era we live in," he added.

"I think that the Champions League reform isn't the best it can be, and what's more we cannot wait until 2024."(Reporting by Richard Martin; Editing by Hugh Lawson) Read more: CNA »

1.8 million people have received at least one dose of COVID-19 vaccine: Health minister

A total of 1.2 million people have completed the full vaccination regimen, says Mr Gan Kim Yong.

oooohh..that's a good joke😂

Soccer-Real Madrid title bid dented again after home draw with Real BetisA sloppy Real Madrid were held 0-0 at home to Real Betis on Saturday in a further blow to their hopes of retaining the La Liga title. Hope they regret selling CR7 to Italy.....

Football: Real, Barca, Juve denounce 'intolerable' pressure to abandon European Super LeagueMADRID: Real Madrid, Barcelona and Juventus, the three clubs still involved in the proposed European Super League , denounced on Saturday (May 8) ...

Soccer-Real not thinking about any Super League sanctions - ZidaneReal Madrid coach Zinedine Zidane said on Monday he was not thinking about any sanctions against the club from UEFA in the wake of the European ...

Football: Real not thinking about any European Super League sanctions, says ZidaneReal Madrid coach Zinedine Zidane said on Monday (Apr 26) that he was not thinking about any sanctions against the club from UEFA in the wake of ...

Football: Footage of Hazard laughing with Chelsea players upsets Real Madrid fansMADRID: Real Madrid forward Eden Hazard has upset supporters by appearing to laugh with Chelsea players after his former club knocked the Spanish ...