Plans for the European Super League has finally been revealed. A statement came late on Sunday night confirming that 12 European clubs want to establish a new mid-week competition.
Manchester United, Man City, Chelsea, Arsenal, Tottenham, Liverpool, Juventus, AC Milan, Inter Milan, Real Madrid, Barcelona and Atletico Madrid have all joined as founding clubs.
These 12 clubs have all officially left the European Club Association. Three more clubs are expected to join, although these have not been named, with the competition planned to take place as soon as possible.
The founding clubs will get a share of £3billion to support their investment plans and "to offset the impact" of the pandemic.
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