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Sat 30 January 2021 | 11:47

European Super League’s €583m income for Real Madrid

According to some reports, the occurrence of such league in Europe could lead to massive incomes for Real Madrid.

As reported by

The Times

and

Diario AS

, the plan for creating a European Super League, which will aim to distribute the €3.5b received for the project among 15 chosen clubs, will have an income of €583m for

Real Madrid

that could pay their €570m bank-loan that was granted for Nuevo Bernabeu’s construction.

The Super League project is supposed to include great clubs of Spain, which FIFA and UEFA have been opposed to strongly.

This league will include three clubs from Spain, three from Italy, two from Germany, six from England and one from France joined by another five from sporting merit.

According to the previous reports, JP Morgan Chase, who financed the loan for the Bernabeu’s renovations, is ready to invest €3.5b worth of money in the project.

The European Super League is expected to include two groups with ten squads in each and will go on stage by stage till the winner of the final is declared.


source: SportMob



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