El conflicto por la Superliga de fútbol entre Florentino Pérez y la UEFA está ya en la Justicia europea, entre otras cosas, porque no parece que sea solo humo
www.vozpopuli.com
[Voz Populi] JP Morgan confirms the Super League is still alive. No clubs have formally left. All announcements were purely in the media.
The conflict over the soccer Super League between Florentino Pérez and UEFA is already in the European Court of Justice, among other things, because it does not seem to be just smoke and mirrors but has money behind it.
The American investment bank JP Morgan subscribed a loan of up to 4,000 million euros on April 17 to finance the project headed by the president of Real Madrid, which was made public hours later.
The company with which the U.S. investment giant underwrote the loan is Tivalino Investment SL, a recently created company based in the city of Barcelona. This company is part of TMF, a subsidiary of the British private equity fund CVC Capital Partners.
CVC recently entered into European soccer by entering the capital of Italy's Serie A with an exit clause in the event of a possible European Super League.
Tebas, against the Superliga.
The president of LaLiga, Javier Tebas, has urged to join forces because he understands that the Superliga is not dead. When asked by Vozpópuli, CVC avoided in November to make official comments about a potential support to the European Superliga that this same media reported.
Now, JP Morgan does not deny the loan commitment signed with CVC's subsidiary to promote the European Superliga. Sources close to the investment bank, in short, avoid giving the loan for dead despite the disbanding of English clubs and the frontal maneuvers against its UEFA promoters.
No one has really left
Officially, the investment bank has acknowledged having "misjudged the impact of the Super League on the soccer community" but has not commented on a possible cancellation of the loan signed with the company promoting the new tournament.
Sources close to the Superliga assure this media that none of the twelve founding clubs has abandoned the promoter company, despite the official statements issued by each of them. As advanced by this media, the Superliga company led by Florentino understands that anyone who wants to break with it definitively must compensate it with around 300 million euros.
Superliga is still alive
The legality of UEFA's response maneuvers is, precisely, the leitmotiv of the judicial process that is now being settled in the Court of Justice of the European Union at the request of the promoters of the Superliga with Florentino at the head.
The CJEU is studying whether or not UEFA has the power to prevent the organization of soccer competitions in Europe other than its own.
It is doing so urgently in the face of the Superliga's claim, which has used the "social impact" of its proposal and issues such as, precisely, the loan committed by JPMorgan, to demand a diligent decision.
FIFA, Florentino's shadow ally
The legal appeal implicitly calls for FIFA to be assessed with the same importance as UEFA. Sources close to the Superliga point out that the project in a broad sense has had the support of the world soccer governing body presided over by Gianni Infantino.
As already reported by this media, Florentino Pérez's plan contemplates a space in the calendar for a World Super League of clubs, with annual or biannual periodicity, parallel to the European one.
The World Club League would relaunch Infantino's business, based until now on a stagnant World Cup of Nations, which could also become a biennial tournament.
Such a tournament would relaunch Infantino's business, based until now on a stagnant World Cup of Nations, which could also be held every two years.
Perez, in short, presides over the World Club Association created in 2019 to which Infantino himself gave a charter as a vehicle to give a voice "to clubs from all continents".
Tebas, against Florentino and Infantino
Javier Tebas has focused his criticism on Florentino's "arrogance" and Infantino's "obscurantism". The president of La Liga warned that the Champions League could continue to be held without Madrid and Barça.
In the same vein, he has pledged not to resist UEFA if it ends up sanctioning these clubs, whatever the sanction in question.
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