The clubs that decided to withdraw from the European Super League will face huge financial fines for abandoning the project, which has sparked widespread controversy in the world of football, according to a report by the Spanish newspaper "Mundo Deportivo".
The newspaper quoted information indicating that the terms of the agreement signed by 12 clubs to establish the new tournament stipulate the imposition of fines of up to 300 million euros on every team that decides to withdraw from the agreement.
The newspaper pointed out that the amount is equivalent to what each team would receive in return for joining the tournament, and it is linked to a loan that was agreed upon with the American "JPMorgan" bank to accompany the unsuccessful competition.
The new project was announced last Sunday, and this caused a wide wave of anger that included local and international federations, fans and a number of players.
In the face of the growing pressure, Manchester City, Chelsea, Manchester United, Liverpool, Arsenal and Tottenham withdrew from the project on Tuesday, and Atletico joined them on Wednesday, and Juventus, Inter Milan and Milan admitted the failure of the plan.
Real Madrid president Florentino Perez - who was chosen to head the Super League - refused to consider the project dead, while Barcelona President Juan Laporta said that the Super League is necessary, and the Catalan club considered in a statement yesterday that "ignoring this opportunity would be a historic mistake."