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Fans of Chelsea Football Club protest the European Super League outside Stamford Bridge soccer stadium in London, England. Photo: Rob Pinney/Getty Images

The European Super League announced in a statement Tuesday night it's "proposing a new competition" and considering the next steps after all six English soccer clubs pulled out of the breakaway tournament.

Why it matters: The announcement that 12 of the richest clubs in England, Spain and Italy would start a new league was met with backlash from fans, soccer stars and politicians. The British government had threatened to pass legislation to stop it from going ahead.

  • It would have meant a huge restructuring of the sport and its finances, and the biggest overhaul of European soccer's elite since the 1950s — triggering concerns the league would devastate less wealthy teams.

Driving the news: Arsenal, Chelsea, Liverpool, Manchester City, Manchester United and Tottenham Hotspur announced Tuesday they were pulling out of the Super League — two days after announcing they were joining Spain's Atlético de Madrid, Barcelona and Real Madrid and Italy's AC Milan, Inter Milan and Juventus for the contest.

  • The Madrid-based Super League said in its statement that "English clubs have been forced to leave, due to outside pressure" and the group was "reconsidering the appropriate steps, in order to reshape the project."

Go deeper: Billionaires' European Super League sparks outrage over inequality

Go deeper

Kendall Baker, author of Sports
Apr 19, 2021 - Sports

European soccer is at war

Liverpool celebrating its 2019 Champions League victory. Photo: Nigel Roddis/Getty Images

Europe's biggest soccer clubs have established The Super League, a new midweek tournament that would compete with — and threaten the very existence of — the Champions League.

Why it matters: This new league, set to start in 2023, "would bring about the most significant restructuring of elite European soccer since the 1950s, and could herald the largest transfer of wealth to a small set of teams in modern sports history," writes NYT's Tariq Panja.

Apr 19, 2021 - Sports

Super League players could be banned from the World Cup

Photo: Gabriel Bouys/AFP via Getty images

The Union of European Football Associations is considering banning participants of the newly formed Super League from playing in international competitions like the 2021 European Championship and the 2022 World Cup, per AP.

The big picture: The Super League, comprised of 12 of the richest clubs in Europe — with three more set to join — is about maximizing earnings.

Updated Apr 20, 2021 - Sports

Super League in super trouble as clubs confirm withdrawals

David Silva of Manchester City looks dejected during the Premier League match. Photo: Michael Regan/Getty Images

The European Super League is on the brink before it even manages to launch.

The state of play: Manchester City was the first to confirm Tuesday it "formally enacted the procedures to withdraw from the group developing plans for a European Super League. Liverpool, Arsenal, Manchester United and Tottenham Hotspur and Chelsea followed suit.

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