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New version of ESL floated

It is being suggested that a 'tweaked' version of the European Super League is being considered.   It would have no permanent members, one of the features most objected to.   All countries would be able to qualify and there would be a two division structure.   Whether this would overcome fans' objections is doubtful: https://www.spurs-web.com/spurs-news/report-super-league-project-still-alive-but-with-major-tweaks/

Kieran Maguire of the PriceofFootball has written: 'In 2018-19, the Super League clubs made a collective pre-tax loss of just under £45 million. This, especially for some of the American owners used to their sporting franchises being very lucrative businesses, is unacceptably low. Given that profit is income minus costs, COVID-19-related reductions in income and static costs meant that these losses ballooned to more than £1.1 billion in the most recent accounts. These losses are likely to have grown further once the full set of figures for 2020-21 are known.

There is no doubt that the Super League would allow clubs to recover from the impact of COVID-19 quicker than the existing domestic and European structures.

Profits belong to owners, and they can either reinvest them back into clubs or withdraw them. A Super League with higher revenues, greater cost control and less risk due to guaranteed participation would generate higher sale prices for the clubs themselves if ever put up for sale.

At the same time, how it would leave those clubs excluded from the Super League is uncertain as they would be playing fewer matches in less popular competitions. This would have a detrimental impact on attracting investment into the industry, and would amplify the existing large financial gaps between Super League clubs and others.'

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