Quote Originally Posted by Onion View Post
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The issue for the 12 is - while they may be the richest clubs in Europe - they are not necessarily the best on the field or able to guarantee themselves CL places/success which is where the competition money is. And financial fair play rules restrict their ability to generate cash. That all disappears with the proposed new set up.
Just to be clear - because they generate vast amounts of money, doesn't make them the richest clubs.

Every one of them has huge amounts of debt, not least Barcelona on €1bn.

This is simply about money, paying off debts, and getting another sucker (JP Morgan) to underwrite it.