European Super League

[krengon]

But muh 23 year binding contracts

but but billionaires are the most amazing guys ever, they have the best people working on this, There's no way this could go wrong, they have it all figured out!!!

 

[Yousif Arsenal]

Kroenke will never show ambition.

Well now he should he put himself under pressure.

 

[boonthegoon]

Think city and Chelsea initially joined just not to be left out. Now backed out after the backlash

 

[A_G]

 

[Riou]

There has to be more to this.

The clubs had to expect backlash to this, something isn't right.

The ESL clubs have to have something to fall back on, otherwise what was the point in doing this?

 

[Papa Wonga]

Chelsea and city should still get punished, deductions.

Nothing will happen, watch this space. Masters is a ****bag.

 

[Rimaal]

I also doubt it's enforceable considering length. I can believe they signed a contract with JP Morgan as founding members for the loans to be repaid in 23 years, and that is taken as commitment to the ESL. But a direct contract with the ESL, no.

Also, in forming the ESL , it is likely each of the founding members committed a stake, $$ value, to found the ESL as an organisation/corporation, in which case there maybe penalties for early withdrawals. Also, if any of the original "founding members"{ withdraw, I would suspect JP Morgan will restructure the loan and adjust the terms.

 

[Highbury_2006]

It's started already:

So why did he join at all?

 

[Rex Stone]

Tbh Roman can pay the buyout cash. Kroenke will allow Arsenal to take out a couple loans at a reasonable interest rate.

I’m fine with deleting the club and starting over.

6th tier Phoenix club here we come.

 

[blaze_of_glory]

It's started already:

Everyone on all sides of this are just horrible. The case for community-owned clubs has never been stronger.

Community clubs, salary cap, super agents poisoned, etc. Brave new world ahead.

 

[Taneruit]

but but billionaires are the most amazing guys ever, they have the best people working on this, There's no way this could go wrong, they have it all figured out!!!

Never been more glad to be wrong. (though still have doubts)

 

[Yousif Arsenal]

Barca won't join until the 11 clubs join also seem A.Madrid did pull out

 

[Camron]

Arsenal to release a statement that official Twitter was hacked.

 

[A_G]

Always rated @Rex Banter

 

[Papa Wonga]

So why did he join at all?

Weird one isn't it. Now he's trying to save face, should've just gone through with it, going into it then leaving is worse then riding it out till the end.

 

[Rex Stone]

Always rated @Rex Banter

Siiiiiii

Hope Barca and Real stay out now. La Liga is ours.

 

[Melquiades]

This thing is dead.

Good on Chelsea. First useful thing they’ve ever done.

 

[GDeep™]

What does this mean for us? Stan keeping us midtable till he thinks of another super league plan that WILL go through in 10-15 years?

We’re doomed, Stan is killing us.

 

[Hunta]

Shut your mouth @GDeep™

People are mourning here.

 

[Pop Tart]

There has to be more to this.

The clubs had to expect backlash to this, something isn't right.

The ESL clubs have to have something to fall back on, otherwise what was the point in doing this?

Probably get deals for cl etc