Newcastle United would-be consumers PCP Capital Companions react to the European Tremendous League information
Newcastle United’s potential buyers, PCP Capital Partners, reacted when 12 European clubs signed up for a breakaway Super League before UEFA plans to announce a new Champions League format.
Six top English clubs are on the teams but Bayern Munich and Paris Saint-Germain have refused to join the movement.
20 European clubs, made up of 15 permanent members, plan to open the Super League from 2022 to 2023, but Europe’s biggest leagues and UEFA are against the idea and have issued joint statements condemning it.
UEFA, the English Football Association, the Premier League, the Royal Spanish Football Association (RFEF), LaLiga, the Italian Football Association (FIGC) and Lega Serie A released a statement today.
Read it through in full here: 👇
– UEFA (@UEFA) April 18, 2021
Amanda Staveley’s husband and partner at PCP Capital Partners Mehrdad Ghodoussi took to Twitter to respond to the development:
When football is just money #superleague
– Mehrdad Ghodoussi (@ghodoussi) April 18, 2021
Staveley and Ghodoussi are part of the Saudi Arabia-led consortium seeking to buy Newcastle. New revelations came to light last week – a year since a £ 305 million acquisition was agreed with Magpies owner Mike Ashley.
Clubs like Newcastle will suffer massive financial blows should a European Super League be created and it will be interesting to see how things go.
Arsenal, Liverpool, Manchester United, Manchester City, Chelsea and Tottenham Hotspur want to create the Super League together with Real Madrid, Barcelona and Atletico Madrid, Juventus, AC Milan and Inter Milan.
The six English clubs have no plans to step down from domestic football, but they do need Premier League permission to enter a new competition.
A breakaway league would mean the end of competition in national and European football, and doing so in the middle of a pandemic could be fatal for people like Newcastle.
UEFA, EPL, FA, Spanish and Italian football associations and La Liga have warned that clubs involved in the breakaway league will be banned from participating in other competitions at national, European or global level.
Players could also be denied the opportunity to represent their national teams.
In other news, “If I Could Go Back Now” – 29-goal, £ 30million killer admits NUFC regrets amid LUFC links.