According to a report in Vozpopuli, Tottenham Hotspur, as well as the other nine clubs who withdrew from the European Super League, could be hit with a mammoth €300m (£261.5m) fine.
The footballing world was shocked and outraged when it was announced that 12 of the continent’s biggest clubs, including Spurs, had agreed to be part of the breakaway tournament.
After a wave of protests by fans across England, all of the Premier League’s ‘big six’ initiated their withdrawal from the tournament and were soon followed by the three Serie A giants and Atletico Madrid, with Real Madrid and Barcelona being the only ones yet to announce their withdrawal from the ESL.
The Daily Mail reported a few days ago that Tottenham and the nine other clubs who withdrew might have to pay compensation for breaking a clause in the ESL’s 23-year contract which stated they could not leave during the first three years.
Vozpopuli has now claimed that the fine imposed on the clubs could be as high as €300m.
This figure was said to be reached in relation to a €3.2b (£2.79b) loan agreed with JP Morgan by the breakaway championship and is apparently included as a clause in the contract that was signed by the leaders of all 12 clubs.
The report explains that the ESL project will remain alive as long as the 10 clubs do not pay that penalty and this is mentioned as one of the reasons why Barcelona are yet to withdraw from the competition.
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