Kieran Maguire fumes as Liverpool on course for £7m windfall - 'Here we go'
Liverpool may land £7million after a recent ruling in favour of the European Super League – but we must hope it does not mean the return of the competition.
So says finance guru Kieran Maguire, speaking exclusively to Football Insider about the court case decided in Madrid on 30th July.
Spanish judges ruled that Uefa’s disciplinary proceedings against the 12 ESL founder member clubs must be scrapped.
If the European Court of Justice reaches the same verdict, Liverpool will be reimbursed the £7m they were fined for their role in the plot.
Liverpool withdrew from the breakaway competition in April along with eight other teams in the face of fan-led heavy backlash.
But Barcelona, Real Madrid and Juventus have all stubbornly remained committed to the cabal.
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Maguire fumed at the trio’s persistance and warned Liverpool not to play any part in their plans to resurrect the league.
“The ruling could result in a small financial benefit for the clubs involved,” he told Football Insider correspondent Adam Williams.
“But when you have one card, say ‘here we go’ and you play it, what do you do afterwards?
“There would be such a significant backlash if Liverpool were involved in Super League two.
“But listening to Agnelli and Perez, they still think it’s the best thing since sliced bread.
“That’s the bit that escapes me. Giving billionaires more money, how does that benefit other people?
“I look at all economic models. Trickle-down economics has never been one that has proven itself to work in practice.“