The actual reason behind the formation of the European Super League: Florentino Perez explains in full

Florentino Perez to @elchiringuitotv: "Many important clubs in Spain, Italy and UK want to find a solution to a very bad financial situation. The only way is to play more competitive games. If instead of playing the CL, Super League helps the clubs to recover the lost earnings".

— Fabrizio Romano (@FabrizioRomano) April 19, 2021

Florentino Perez to El Chiringuito: "Here at Real Madrid we've lost a lot of money, we are all going through a very bad situation. When there is no profit, the only way is to play more competitive games during the week. The #SuperLeague will save the clubs financially". 🚨

— Fabrizio Romano (@FabrizioRomano) April 19, 2021

Florentino Perez: "Football must evolve like everything in life. Football has to adapt to the times we live in now. Football is losing interest, TV rights are decreasing. We wanted to do the #SuperLeague, the pandemic has given us urgency: now we are all ruined in football". 🚨

— Fabrizio Romano (@FabrizioRomano) April 19, 2021

Florentino Perez: "Football needs to change to be more attractive globally. Instead of making the Champions League because it lost interest as he had in 1950, change comes and even at the time FIFA and UEFA were against it. But that's how football changed…". 🚨

— Fabrizio Romano (@FabrizioRomano) April 19, 2021

Florentino Perez to Chiringuito: "The attractive thing in football is playing between big clubs, the value for television increases and more income is generated. It's not just the rich who want the #SuperLeague, we're doing it to save football because it's at a critical moment".

— Fabrizio Romano (@FabrizioRomano) April 19, 2021

Florentino Perez to Chiringuito: "It will become like a pyramid because we big clubs will have more money and we will be able to invest it by buying players… if the big clubs lose their money as is happening, the whole football system crashes as with the Champions League". 🚨

— Fabrizio Romano (@FabrizioRomano) April 19, 2021

Florentino Perez: "UEFA is a monopoly but it needs to be more transparent. We want to save football for the next 20 years, it is in a time of serious danger. If you win, you receive €120 to € 130m from UEFA but with #SuperLeague we will earn much more". 🚨

— Fabrizio Romano (@FabrizioRomano) April 19, 2021

Florentino Perez to Chiringuito: "Even in the Premier League, if the top clubs are economically stronger, all the other clubs will also become stronger. It is a consequence. We want to dialogue with UEFA as we proposed in the #SuperLeague, we want to save football". 🚨

— Fabrizio Romano (@FabrizioRomano) April 19, 2021

Florentino Perez to El Chiringuito: "This #SuperLeague is not for the rich, but it's to save football. If this continues, football will disappear and by 2024 we would already be dead. This is the only way to save everyone: big, medium and small clubs". 🚨

— Fabrizio Romano (@FabrizioRomano) April 19, 2021

Florentino Perez to El Chiringuito: "Barcelona are going through a difficult economic situation, Laporta immediately understood and accepted like all the great clubs in the world. This #SuperLeague will save the entire world of football". 🚨

— Fabrizio Romano (@FabrizioRomano) April 19, 2021

Florentino Perez to El Chiringuito: "Why aren't UEFA and La Liga salaries public? Why haven't salaries been reduced like everyone else during the pandemic? We need more transparency. We know the salary of LeBron James but we don’t know the salary of the UEFA president". 🚨

— Fabrizio Romano (@FabrizioRomano) April 19, 2021

Florentino Perez to El Chiringuito: "If we can start the #SuperLeague in August, we would do it. We will do our best to start this year. We want to reach an agreement with UEFA and the other parties involved. We will talk with UEFA, FIFA and not only". 🚨

— Fabrizio Romano (@FabrizioRomano) April 19, 2021

Florentino Perez to El Chiringuito: "If we can't find an agreement with UEFA, we will NOT back down. If they want to wait for 2024 to make the reform, they can wait. We're not waiting for anyone because we need the #SuperLeague". 🚨

— Fabrizio Romano (@FabrizioRomano) April 19, 2021

Florentino Perez to El Chiringuito: "If young people find football matches too long it may be because they are not interesting enough… or maybe we might have to make the football matches shorter". 🚨

— Fabrizio Romano (@FabrizioRomano) April 19, 2021