Barcelona and Juventus risk failing to reach the knockout rounds this season and have reported record losses since the COVID-19 pandemic. Madrid won a record 13th European title last season. “I believe they are asking the right questions and am personally keen to listen to many diverse voices so that the European football community can jointly find the right answers,” he said. Reichart said in a statement he supported the presidents of Madrid, Barcelona and Juventus.

The Super League was perceived then as an elitist power grab that would deny or limit chances for teams in other countries to join, potentially in breach of European Union competition laws.

The project, which only involved clubs from England, Italy and Spain, collapsed within 48 hours amid a fierce backlash from UEFA, plus fans and lawmakers in England where clubs that were key to its success pulled out. It launched despite failing to persuade German powers Bayern Munich and Borussia Dortmund to sign up, nor influential Paris Saint-Germain whose Qatari ownership has close ties to UEFA. The Super League was first planned as a 20-team breakaway with 15 founding members given protected places and guaranteed extra income. Reichart worked in commercial rights in the sports industry with the Sportfive agency and was CEO of German commercial broadcaster RTL from 2019 through 2021, his new employer said.

What happend to soccer