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Real Madrid chases Liverpool over $90M payment as Premier League clubs targeted

Five years after the failed launch of the European Super League, Real Madrid is reportedly chasing a $90 million payment from the likes of Liverpool, Arsenal, and Manchester City for setup costs

Anti-European Super League posters hang outside Anfield stadium, home of English Premier League football club Liverpool, in Liverpool, north west England on April 19, 2021. - Fan of the six Premier League clubs leading the breakaway European Super League have slammed the controversial plan, branding it the "ultimate betrayal". Liverpool, Manchester United, Arsenal, Chelsea, Manchester City and Tottenham are all involved in the new league, alongside Spanish trio Real Madrid, Barcelona, Atletico Madrid and Italian clubs Juventus, Inter Milan and AC Milan.
Real Madrid is reportedly chasing money from clubs that pulled out of the failed European Super League project

Real Madrid is reportedly seeking around $90 million in compensation from clubs that opted to withdraw from the failed European Super League.

Back in 2021, European soccer was thrown into chaos after 12 clubs announced their intention to form a breakaway league, the European Super League. The founding members included Real Madrid, Atletico Madrid, Barcelona, AC Milan, Inter Milan, Juventus, Arsenal, Chelsea, Liverpool, Manchester City, Manchester United, and Tottenham Hotspur.

The announcement of the ESL was met with widespread derision from fans, players, and coaches. In 2019, two years before the official announcement, then-Liverpool boss Jurgen Klopp admitted he opposed the formation of the league, before re-affirming his stance in 2021.

"My opinion didn't change," said Klopp when asked about his 2019 comments in 2021. In the end, the project was abandoned due to backlash from the teams.

He added, "It's a tough one. People are not happy about it, and I can understand that, but I cannot say a lot more about it because we were not involved in any processes- not the players, not me; we didn't know about it.

"We will have to wait to see how it develops."

The Athletic reports that Real Madrid wants the six Premier League clubs that signed up to the ESL to pay a share of the initial setup costs, with a source claiming the payment could be as high as $89.9 million.

Banners and football scarves are tied to the fences around Anfield Stadium, the home of Liverpool Football Club, in protest at the club's intentions to join the European Super League on April 20, 2021 in Liverpool, United Kingdom. Six English premier league teams have announced they are part of plans for a breakaway European Super League. Arsenal, Manchester United, Manchester City, Liverpool, Chelsea and Tottenham Hotspur will join 12 other European teams in a closed league similar to that of the NFL American Football League. In a statement released last night, the new competition "is intended to commence as soon as practicable" potentially in August.
Liverpool fans protested the club's involvement in the European Super League project

Real Madrid's argument that the clubs should be liable for a portion of the setup costs seems to stem from the fact that they had signed a shareholders' agreement with the European Super League Company, a holding company based in Spain.

The shareholders' agreement, according to The Athletic, provided assurances for what the clubs expected to be a bright future for the league before the project collapsed.

Following the withdrawal of nine of the 12, six of which included the Premier League clubs, Florentino Perez, Real Madrid president, said in April 2021, "I'm not going to take my time to explain what a binding contract is here. But the fact is, the clubs can't leave."

Arsenal and Tottenham will continue to wait for a conclusion to the alleged financial breaches levelled at Manchester City
The six Premier League clubs involved in the European Super League project before it collapsed

The news of Real Madrid's pursuit of the setup payments comes after it was confirmed that the club intends to hire Bernd Reichart, CEO of A22 (a company working on behalf of the ESL), as its new head of business operations.

It is unclear whether Real Madrid will be successful in their pursuit of the money they believe other clubs need to pay. However, any money that is paid will go to the European Super League Company, not directly to Real Madrid.

If Real Madrid does seriously intend to pursue the clubs for the money, it will likely result in a lengthy legal challenge from the Spanish side.

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