"Earlier today, FC Barcelona officially announced that they were withdrawing from the European Super League project. Having been one of the only two last-standing teams in the project, which is a brainchild of Real Madrid president Florentino Perez, the Blaugrana opted to sever ties with the proposed breakaway competition. No compensation to be paid Now, according to SPORT, Barcelona will not have to pay any financial compensation to the Super League for leaving the project."
"Since the creation of the competition, it had been reported that there was an exit clause that could amount to €300 million for founding clubs that decided to sever ties with the project. Given Barcelona's current financial situation, that figure would have made any unilateral withdrawal virtually unviable. However, that penalty will not be applied. According to sources consulted within the club, Joan Laporta had reached an agreement that explicitly allowed Barcelona to leave the project without facing any financial sanction when the time came,"
"The agreement is based on the founding statutes of the European Super League, which allowed the Catalans to rely on a clause stating that if more than 70% of the founding clubs had already left the competition, as is the case at present, no payment would be required. Sources from the Super League itself have confirmed that no amount will be claimed from Barcelona, accepting the current scenario following the club's institutional rapprochement with UEFA."
FC Barcelona has officially withdrawn from the European Super League. The club will not pay any financial compensation for leaving because the Super League's founding statutes include a clause exempting clubs if more than 70% of founding members have already left. Joan Laporta secured an agreement allowing Barcelona to exit without financial sanction. A previously reported €300 million exit penalty will therefore not be applied. Barcelona's institutional rapprochement with UEFA accompanies the withdrawal. Barcelona will forfeit the €4.6 million invested as a shareholding in the Super League. Laporta did not join the €4.5 billion lawsuit filed by Real Madrid and A22 Sports Management.
Read at Barca Universal
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