Real Madrid Demands Astronomical Amount from UEFA
Real Madrid and A22 Sports Management, the promoter of the Super League project, have begun preparing a lawsuit against the European Football Association "UEFA".
According to the Spanish newspaper "AS", Real Madrid will demand a huge financial amount of around 4.5 billion euros in the lawsuit, as compensation for economic damages, damaged reputation, and lost opportunities due to the restrictions imposed by UEFA on the project.
The source added that this move comes after a series of failed meetings between the two parties in an attempt to reach an agreement to implement the ruling of the European Court of Justice issued in December 2021, which deemed that the regulations of the international and European federations that require prior approval to launch new tournaments violate EU law and constitute an abuse of a dominant position and hinder free competition.
The meetings included Bernd Reichart, CEO of A22, and Theodore Theodoridis, Secretary General of UEFA, along with representatives from Real Madrid and Barcelona, Anas Laghraï and Fernando Ledesma, and both club presidents Florentino Pérez and Joan Laporta were briefed on all the details, although the latter has recently leaned towards positions closer to the European Club Association associated with UEFA.
Reports indicated that negotiations had progressed positively on issues related to broadcasting rights and tournament management, but collapsed due to disagreements over the format of the competition.
According to the Spanish newspaper "AS", Real Madrid will demand a huge financial amount of around 4.5 billion euros in the lawsuit, as compensation for economic damages, damaged reputation, and lost opportunities due to the restrictions imposed by UEFA on the project.
The source added that this move comes after a series of failed meetings between the two parties in an attempt to reach an agreement to implement the ruling of the European Court of Justice issued in December 2021, which deemed that the regulations of the international and European federations that require prior approval to launch new tournaments violate EU law and constitute an abuse of a dominant position and hinder free competition.
The meetings included Bernd Reichart, CEO of A22, and Theodore Theodoridis, Secretary General of UEFA, along with representatives from Real Madrid and Barcelona, Anas Laghraï and Fernando Ledesma, and both club presidents Florentino Pérez and Joan Laporta were briefed on all the details, although the latter has recently leaned towards positions closer to the European Club Association associated with UEFA.
Reports indicated that negotiations had progressed positively on issues related to broadcasting rights and tournament management, but collapsed due to disagreements over the format of the competition.