Premier League ‘Big Six’ players will face a 30-point rebate and a £25m fine if they take part in another breakout competition. Chelsea, Arsenal, Liverpool, Manchester United, Manchester City, and Tottenham were six of the 12 founding members behind a closed competition initiative announced in April.
A Club obligation was also signed, with the deal including fines of up to £87m for each team to deter any future riots.
Initially reports suggested that other 14 Premier League clubs were split over approvals, the competition has now set its own penalties and a similar also includes an assurance to prevent future threats to dismissal.
The combined statement from the Premier League and Football Federation is as follows:
“The six clubs involved in proposals to form a European Super League have today acknowledged once again that their actions were a mistake, and have reconfirmed their commitment to the Premier League and the future of the English game.
As a gesture of goodwill, the clubs have collectively agreed to make a contribution of £22million which will go towards the good of the game, including new investment in support for fans, grassroots football, and community programs.
Furthermore, the clubs have agreed to support rule changes so that any similar actions in the future would lead to a 30-point deduction. Each of the six clubs, in that event, was also subject to an additional £25million fine.
The Premier League and the FA have worked closely together throughout this process and this agreement brings both investigations into the matter to a conclusion.”