Home Stock Market Football's 'red wedding'. How Twitter reacted to the catastrophic collapse of...

Football’s ‘red wedding’. How Twitter reacted to the catastrophic collapse of the European Super League.


The European Super League collapsed on a dramatic night for the sport, when all six English clubs left the controversial breakaway tournament.

The tournament, formed by a team of 12 elite clubs and sponsored by US investment bank JPMorgan
JPM,
-2.21%
,
has caused outrage among fans, players and even politicians after it was announced late on Sunday.

But less than 48 hours later, when The backlash reached a high level, The ‘American-style’ European Super League fell apart as individual members began to withdraw.

The federation issued a statement saying it would look to “reshape the project” after the British clubs leave – leaving only three Italian clubs and three Spanish giants in attendance: Juventus
JUVE,
-12.26%

; AC Milan; Inter Milan; Barcelona; Real Madrid and Atlético Madrid. However, Juventus president Andrea Agnelli said the tournament could no longer continue and Atlético Madrid also pulled out early on Wednesday.

Read: What is the European Super League and why are football fans so upset about it?

The two-day roller coaster period also saw José Mourinho sacked as Tottenham manager and former JPMorgan bank chief Ed Woodward resigns as chief executive of Manchester United.
MANU,
-6.03%
.

Social media users had a field day when the tournament that was criticized from around the world disintegrated. Some likened it to the ‘Red Wedding’ in “Game of Thrones” on television, in which a number of key characters were staggeringly killed.

The references on large screens for the tournament’s significant decline also apply.

Manchester City, owned by the Abu Dhabi United Group, were the first to officially leave the field, just before 9:30 PM UK time, while Chelsea – owned by Russian billionaire Roman Abramovich – Also began preparing records to withdraw from the tournament. By 11 p.m. Arsenal, Manchester United, Liverpool and Tottenham all issued statements signaling their intention to leave, and it is clear that the ESL, at least for the moment, will only exist for the time being. short.

Outsiders, including Dutch club Ajax – not part of the separatist group – enjoyed the show.

With the number of participating clubs declining rapidly, some observers joked that JPMorgan might have to hire a group of bankers. The investment bank is believed to have sponsored the tournament, pledging to invest 3.5 billion euros ($ 4.2 billion) initially.

Fans have led charges against the new, largely self-contained contest, being criticized for being greedy and damaging the integrity of the sport, while Prince William and UK Prime Minister Boris Johnson also publicly condemned the idea.

Chelsea fans protested outside the club’s Stamford Bridge stadium the evening before the team’s match against Brighton, before celebrating wildly as the news came out.

Fans were quick to lament the loss of the controversial tournament, which certainly provided the drama as promised in its opening statement.

The Arsenal board has apologized to fans, the only club to do so through an official statement, and admitted it will “take time to restore your faith.”

“The past few days have shown us once again the depth of the feeling that our supporters have for this wonderful club and the game we love,” the club said. “We made a mistake and we apologize for it.”

But things didn’t go well for the fans, who staged a rally on Friday urging American owner Stan Kroenke to leave the club, urging him to sell.

Liverpool owner John Henry, who also owns the Boston Red Sox, issued an apology Wednesday morning via the club’s official Twitter
TWTR,
-3.30%

account, when elite British clubs began efforts to repair damages over the past 48 hours.

The landscape of football will still change after the events of the past few days. The long-conspired Super League has caused Europe’s governing body, the Union of European Football Associations, to make changes to the top UEFA Champions League tournament, which ESL is set to rival. .

The new format, approved on Monday, will see more matches among Europe’s elite, while also allowing two slots for historically successful clubs in Europe. but not eligible due to performance. These changes have been criticized themselves but are considered better than the new league, which will ensure 15 clubs are present every year regardless of their performance.

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

Recent Comments