Connect with us

Arsenal News

SO SAD: Arsenal loses £8m for joining and leaving European Super League

Published

on

Arsenal has lost £8m just for joining the alliance of teams that formed the suspended European Super League and they face even further fines.

The Gunners were one of six Premier League teams who joined forces with Spanish and Italian teams to create the new competition.

However, their efforts to create competition for the Champions League were frustrated until it was abandoned.

The club’s fans were one reason why the idea had to be suspended and it has now been revealed that they have already started losing money for gambling that the competition would take off.

Hot News!!   Slavia Prague 0-4 Arsenal (1-5 agg): Arsenal set up Unai Emery reunion after wonderful first-half performance

Sun Sports claims the £8m was a fee paid by each of the registered teams as a token that would be used to run legal costs as well as negotiating TV rights, etc.

The report claims that the agreement that bound them was meant to be stuck with no matter what happens.

Now that it has failed, the teams are unlikely to get their money back.

The Premier League is also deliberating how to respond to the rebels.

Hot News!!   Arsenal Team News: Expected 4-2-3-1 Line-up vs Villarreal with three Gunners stars set to return

The report adds that the EPL would likely fine them rather than dock them points or exclusion from the competition.

er
 

Last 24-hours

Injury Update

Transfer News

Transfer News7 hours ago

Good News: Chelsea target ready for £112 million transfer move to London this summer!

Chelsea transfer target Erling Haaland has reportedly approved a move to Real Madrid this summer. Haaland, 20, is the most...

Transfer News7 hours ago

TRANSFER!! Chelsea defender could finally be on his way to Napol

The odds are rising that the Serie A giants Napoli will make a swoop for Chelsea left-back Emerson Palmieri this...

Featured4 weeks ago

Bayern munich star Robert Lewandowski speaks on Possible move to Chelsea

Bayern Munich goalscoring sensation Robert Lewandowski has refused to rule out the prospect of leaving the German heavyweights, insisting he...

Post-Match4 weeks ago

How much chelsea will make if the win against man city

Victory against Manchester City in the Champions League final on Saturday night will be worth more than £95m in prize...

Transfer News2 months ago

Transfer: Thomas Tuchel wants Chelsea to sign this PSG key player

Thomas Tuchel has reportedly asked the Chelsea board to get Marquinhos from PSG. The German manager is eager to reunite...

Transfer News2 months ago

Chelsea target these 3 big name players ahead of 2021/2022 season

We keep hearing that Chelsea are expected to be quite busy again in the transfer market this summer as the...

Transfer News2 months ago

Dortmund Director Claims Haaland Has Already Made A Decision On His Future

Borussia Dortmund director Sebastian Kehl has said that Erling Haaland intends to stay at the Bundesliga club beyond the end...

Transfer News2 months ago

TRANSFER: £105 million La Liga superstar OFFICIALLY opens door to Chelsea and Premier League move

Atletico Madrid goalkeeper and Chelsea target Jan Oblak has left the door open to a possible Premier League move. Oblak...

Transfer News2 months ago

Who To Sign? – Chelsea on the hunt for a new left back, with two names mentioned

Chelsea could still end up losing both Marcos Alonso and Emerson Palmieri this summer as the pair could well look...

Transfer News2 months ago

Tuchel and Chelsea target La Liga defender with €35m release fee.

Chelsea are plotting a €35 million swoop for Villareal left-back Alfonso Pedraza, according to the latest reports. Marcos Alonso and...

Trending