UEFA Slams Financial Punishment On Madrid, Juventus, Barcelona Over Super League Project Participation.

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The Union of European Football Associations (UEFA) has placed financial sanction on three out of the 12 clubs behind the aborted Super League project.

The football governing body, in a statement on Friday, stated the three clubs, Real Madrid, Barcelona and Juventus, which did not sign Club Commitment Declaration”, will be referred to UEFA competent disciplinary bodies

UEFA said that “in a spirit of reconciliation” the nine clubs had agreed to a “Club Commitment Declaration” and accepted a five percent cut in their European revenue for one season.

“However, three clubs, Barcelona, Real Madrid and Juventus, did not sign the declaration.

“Reserved all rights to take whatever action it deems appropriate against those clubs that have so far refused to renounce the so-called ‘Super League’.

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“The matter will promptly be referred to the competent UEFA disciplinary bodies,” the statement concluded.

The nine clubs that opted out of the project include Tottenham, Arsenal, Manchester City, Manchester United, Chelsea, Liverpool, Atletico Madrid, Inter Milan and AC Milan. That have agreed to a series of “reintegration measures.

According to the UEFA president, Aleksander Ceferin, “These clubs recognised their mistakes quickly and have taken action to demonstrate their contrition and future commitment to European football.

“The same cannot be said for the clubs that remain involved in the so-called ‘Super League’ and UEFA will deal with those clubs subsequently.”

The nine have agreed to forego five percent of their revenue from UEFA competitions for one season and pay, between them, a 15-million-euro ($18.25 million) donation to support grassroots and youth football in Europe.

They also committed to participating in UEFA competitions for which they qualify and agreed to pay fines of 100m euros if they ever seek to play in an “unauthorised” competition.

“It takes a strong organisation to admit making a mistake especially in these days of trial by social media. These clubs have done just that.

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