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Real Madrid want reform of club football competitions

Football News

managingmadrid.com

On Sunday, Real Madrid president Florentino Perez said the coronavirus pandemic had increased the need for a new elite league to be formed.

“Football needs new formulas to make it more competitive, more exciting, and stronger,” Perez told club members at the annual meeting held online on Sunday.

Perez also said that the pandemic had cost Real Madrid a loss of sales of 106 million euros ($130 million), but cost-cutting meant that the club had still managed to make a profit of 313,000 euros.

The largest clubs have long campaigned for the organization of European competitions in a way that guarantees them a higher share of income.

“This model needs a new impulse,” he said.

“The impact of Covid-19 strongly demands new changes. Football has to face this new time. Reforming football cannot wait and we have to get down to it as soon as possible. The biggest clubs in Europe have millions of fans spread across the world. We have the responsibility to fight for this change.”

In November 2018, the new Super League bid emerged via a series of leaked emails and documents that indicated that many of the biggest clubs in Europe were working on plans to kick off a 16-team Super League as early as 2021.

In October, when Josep Maria Bartomeu stepped down as president of Barcelona, Real’s great rivals, he called for “a future European Super League” that “would guarantee the financial stability of the club”

UEFA, European football’s governing body, immediately repeated its ‘strong resistance’ to the proposal.

In early December, the British newspaper The Times announced that UEFA was working on a reform proposal for the Champions League that would see both sides participate in a single league and face 10 different teams, chosen by a draw.

The so-called “Swiss system” format is intended to eliminate pointless matches in the group stage.

The representatives of Real have accepted a budget of EUR 617 million for this season, down from EUR 822.1 million last season.

The club decided to ask executives, players, and coaches to extend the pay cut they agreed to last season, Perez said.

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