• Loading stock data...
Sunday, November 17, 2024

Real Madrid President Renews Call for Super League

  • The Super League was met with public outcry, leading most clubs to distance themselves from the venture.
  • Real Madrid joins Barcelona and Juventus as clubs still in favor of the breakaway league.
Jayne Kamin-Oncea-USA TODAY Sports

Real Madrid president Florentino Perez believes that soccer is losing ground as the world’s most popular sport — and that a resurrected European Super League could boost its status. 

“To fix a problem, you have to first recognize that you have a problem,” Perez said. “Our sport is sick. It’s losing its leadership as a global sport.” 

Real Madrid — the most valuable soccer team in the world at $5.1 billion, per Forbes — is one of 12 top-flight soccer clubs that announced plans in April 2021 to create the Super League. 

  • It was met with public outcry, leading most clubs to distance themselves from the venture. 
  • Real Madrid joins Barcelona and Juventus as clubs still in favor of the breakaway league. 
  • Perez believes it’ll offer fans “top-level games year-round between the strongest teams.” 

Perez and his allies face an uphill battle. 

The Super League — established under Spanish law — is seeking approval by the European Court of Justice to continue with its plan, which is hampered by a Spanish ruling. 

In April, a Spanish court ruled that UEFA and FIFA could sanction Barcelona, Juventus, and Real Madrid if they followed through with their plans to join.

Still Strong 

Real Madrid reported a profit of $13.2 million for the 2021-22 season, marking the third straight year the club has avoided losses amid the pandemic.

The club posted the results for a season in which it won a record-extending 14th UEFA Champions League trophy and 35th La Liga Championship.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Nov 13, 2024; New York, New York, USA; New York Knicks guard Josh Hart (3) reacts after fouling Chicago Bulls guard Coby White (not pictured) during the second half at Madison Square Garden.
opinion

NBA Ratings Rorschach Test: Buy the Dip

Was it the election? Too many threes? Lack of storylines?

Executive Decision: When Richard Nixon Named a College Football Champion

In 1969, the 37th president unilaterally named the winner of the season.

How Taylor Swift’s Tour Is Fueling Blue Jays Owner’s Sports Empire

There have been multiple intersections between the company’s sports assets and the pop icon’s Canadian concerts.

How Women’s Sports Could Change in the Next Trump Era

Under the president-elect, Title IX could change drastically.
podcast thumbnail mobile
Front Office Sports Today

The SEC and Big Ten Are Driving College Football

0:00

Featured Today

Former President Donald Trump waves to the crowd as he exits the putting green with his aide Walt Nauta, left, during the final round of the LIV Golf Bedminster golf tournament at Trump National Bedminster on Sunday, Aug. 13, 2023.
opinion

Trump Win Puts Sports Back in the White House

With Trump back in the White House, sports get more political again.
Members of the NY Giants run onto the field to start the game between the New York Giants and the Washington Commanders at MetLife Stadium in East Rutherford on Sunday, Nov. 3, 2024.
November 8, 2024

The NFL Is Becoming the League With No Borders

Where will the NFL go next? International expansion will only get bigger.
November 5, 2024

NFL Center Connor McGovern Is the Heir to a Potato Empire

The NFL vet’s family provides potatoes for McDonald’s, Wendy’s, and others.
Vanderbilt Commodores fans head to the south end zone as the goal post is taken down by exuberant fans after beating No. 1 Alabama 40-35 at Vanderbilt Stadium in Nashville, Tenn., Saturday, Oct. 5, 2024.
opinion
November 2, 2024

Something New in College Football This Year: Parity

Upsets, surprises. CFB is more fun on the field than the NFL.
The stands at the Solheim Cup

LPGA Apologizes for Solheim Cup Fan Bus Debacle That Left Stands Half-Empty

The USA-Europe women’s team golf event teed off Friday morning.
August 10, 2022

PGA Tour Touts Projected Earnings to Keep Players

The PGA Tour is asking its players to consider their potential futures.
May 20, 2024

Top Sports Business Jobs This Week (May 2024)

Each week, our staff combs through the thousands of job listings from…
Sponsored

How UBS Crafts Impactful Partnerships Across Sports, Arts, and Culture

As UBS continues to expand its impressive array of sports and entertainment partnerships, the company solidifies its position as a leader in wealth management.
August 10, 2022

Bayern Munich to Make Growth Push in U.S. Market

Bayern Munich is looking to expand its reach in the U.S.
Nintendo-logo
August 3, 2022

Nintendo Profits Underwhelm, Switch Sales Decline

Nintendo failed to meet expectations in the company’s latest earnings report.
manfred_at_microphone
August 19, 2021

MLB Owners Propose $100M Salary Floor

Major League Baseball owners have proposed a $100 million payroll minimum for MLB’s 30 teams and a lower luxury tax threshold.
nfl_logo
July 23, 2021

NFL to Players: Get Vaccinated or Pay the Price

The NFL’s threatening to drop the financial hammer on un-vaccinated players and teams that cause forfeited games in 2021, according to memo.