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Chelsea have backed out from the European Super League following protests from fans.
Manchester City, Manchester United, Liverpool, Manchester United and Tottenham Hotspur have also joined Chelsea in withdrawing from the European Super League.
Reacting to the withdrawal of all English clubs, the European Super League wrote:
“The European Super League is convinced that the current status quo of European football needs to change.
“We are proposing a new European competition because the existing system does not work. Our proposal is aimed at allowing the sport to evolve while generating resources and stability for the full football pyramid, including helping to overcome the financial difficulties experienced by the entire football community as a result of the pandemic. It would also provide materially enhanced solidarity payments to all football stakeholders.
“Despite the annouced departure of the English clubs, forced to take such decisions due to the pressure out on them, we are convinced our proposal is fully aligned with European law and regulations as was demonstrated today by a court decision to protect the Super League from third party actions.
“Given the current circumstances, we shall reconsider the most appropriate steps to reshape the project, always having in mind our goals of offering fans the best experience possible while engancing solidarity payments for the entire football community.”