Barcelona among three top clubs set to receive €350 million for joining the European Super League

The announcements regarding the formation of the European Super League have taken the world of football by storm. Spearheaded by Real Madrid president Florentino Perez, with Barcelona as another one of the founding clubs, the ESL is a massive project. Some of the staggering numbers behind the operations are now starting to come to light.

As reported by Mundo Deportivo, some of the top clubs who have submitted their approvals to join the European Super League will be receiving massive bonuses in stages. The massive first payment of 350 million euros will be handed to a number of the founding clubs in order to kickstart the infrastructure plans and to offset the impact of the pandemic.

Barcelona, alongside Real Madrid and Manchester United, will be among the teams who will be handed the 350 million which is the first and highest level of four stages of payments. The money will be distributed according to the clubs’ economic potentials and what they have generated in terms of revenue in recent years.

The three following levels will contain payments of €225 million, €112.5 million and €100 million respectively as fixed entries to invest in facilities, taking the total pool of initial money poured into the Super League to a staggering €3.5 billion.

This will be financed by American bank JP Morgan, who will act as a pool, but also seek further investments from American and Chinese stakeholders.

The European Super League project aims to massively increase revenue generation and earnings are projected to enter the multi-billion euro mark in the first cycles itself. The per-season income of every club will increase manifolds.