By Kieran Maguire

5th Jul, 2021 | 9:00pm

Liverpool may be priming legal team amid Real Madrid chief's comments - Kieran Maguire

Liverpool legal advisors are likely scanning the “small print” of their European Super League contract to avoid “substantial financial repercussions.”

That is according to finance guru and Football Insider columnist Kieran Magure, speaking exclusively about Liverpool’s botched attempt to join the infamous breakaway competition.

Real Madrid president Florentino Perez was quoted by Spanish outlet El Transistor on 25th June as saying: “there is a binding contract and no one can leave.”

Real remain in the Super League alongside Barcelona and Juventus.

Liverpool were one of six Premier League teams fined £3.7million and docked five per cent of European revenues for their role in the plot.

Maguire claims they will be priming their legal representatives to ensure they do not incur any further costs in formally abandoning the ESL.

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He told Football Insider correspondent Adam Williams: “Florentino Perez is trying to extract the maximum possible return from Super League for his club, Barcelona and Juventus.

“The comments that he comes out with are as frequent and lacking in factual accuracy as Donald Trump’s Twitter feed.

“He said the English clubs were ‘coerced’ but he doesn’t indicate who exactly they were coerced by. If you’re being coerced there’s normally someone doing it. So this does seem a little bit strange.

“Arsenal and Man United have been very careful to say they are following the correct procedures in terms of withdrawing.

“They don’t want to risk putting a foot out of line because that could result in substantial financial repercussions.

“So I suspect what is happening is the legal advisors of Liverpool and the other English clubs are going through the small print of the contract and just making sure they do things by the book.

“They want to ensure their clients incur the minimum financial costs.”

In other news, pundit predicts 26-year-old would walk into Liverpool midfield amid Athletic transfer report.