Manchester United could be forced to pay £15m in fines following the European Super League fiasco
According to Sky Sports, Manchester United are set to be summoned by the Premier League to discuss sanctions for the part they played in the formation of the European Super League (ESL).
The Red Devils were among six English clubs who took part in the breakaway venture last month. The announcement was met with widespread condemnation and the clubs eventually had to apologize and back out.
While they may escape major retribution from the UEFA or the FA, they will not get away scot-free. The clubs, in all likelihood, will be levied a financial penalty that could see them forfeit some of their broadcasting incomes.
Potential sanctions levied could amount to tens of millions of pounds and could range from a one-off payment to a smaller, immediate fine coupled with a loss of broadcast revenue.
An initial proposal suggested by the Premier League will comprise a £15m fine per club in addition to a substantial points deduction. While a number of other sanctions have also been discussed, nothing has been finalized yet.
The sanctions imposed by the Premier League appear to be of a much harsher nature than the ones levied by UEFA. Nine of the teams that have withdrawn from the ESL have agreed to pay a collective £12.9m to be invested in children’s, youth and grassroots football. More so, five per cent of revenues from UEFA competitions being withheld for one season. (h/t MEN)
Government on board!
Apart from United, the other six teams involved from England are Manchester City, Liverpool, Chelsea, Tottenham Hotspur and Arsenal.
The British Government is expected to welcome the move to punish the six. It, however, remains unclear as to how the financial sanctions imposed on them will be redistributed.
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Despite nine of the 12 clubs backing out, the likes of Barcelona, Juventus and Real Madrid have refused to abandon the ESL and have thrown participation in next season’s Champions League in doubt.
Thankfully, United have little to worry about on that front and will return to the top table next season.