‘Big six’ fined over Super League plan
Six of Leicester City’s Premier League rivals have been fined around £3.7million each for their part in the botched plans to form a European Super League.
A financial settlement worth a combined £22million has been reached with the so-called ‘big six’ and the Premier League, the PA news agency reports.
Arsenal, Chelsea, Liverpool, Manchester City, Manchester United and Tottenham announced themselves as founder members of the competition on April 18, but had withdrawn within 72 hours amid fan protests and opposition from the Premier League, UEFA, FIFA and even the British Government.
The clubs indicated their intention to remain in the Premier League, but their involvement in the Super League would have had a hugely negative competitive and commercial effect on the English top flight.