Arsenal, Tottenham, Chelsea, Manchester United, Manchester City and Liverpool have all “reaffirmed” their commitment to the Premier League, and have been threatened with fines of £25m and 30-point deductions should a similar breakaway attempt be made in the future.
The initial fine, of less than £4m per club, is set to go towards the “good of the game” according to the Premier League, but has been criticised by supporters and government for being too small.
Mayor for Greater Manchester and former Culture Secretary, Andy Burnham, tweeted: “Thanks to the Premier League and the Big Six for making the case for the independent regulation of football abundantly clear.”
The failed plot - which was announced and collapsed under an unprecedented amount of criticism over two days - has sparked a government review into football governance which could bring about independent regulation and change to ownership structures.
In response to the Premier League’s settlement with the six, the chair of the Football Supporters’ Association, Malcolm Clarke, called for a total restructure of football.
“Whatever punishment the Premier League’s in-house process decides upon, it cannot guarantee that clubs won’t try similar again in the decades ahead,” Clarke said.
“The European Super League’s legacy should be a total restructure of the game - an independent regulator, genuine power to fans, and wealth redistribution.”
Nine of the 12 clubs involved in the plot have withdrawn and agreed a settlement with UEFA which will see them give up five per cent of revenue from European competition over a season and also contribute towards a similar €15million fund for the good of football.
Real Madrid, Barcelona and Juventus are yet to officially withdraw and remain under investigation by UEFA.
The Premier League and the FA released a statement confirming the news: “The six clubs involved in proposals to form a European Super League have today acknowledged once again that their actions were a mistake, and have reconfirmed their commitment to the Premier League and the future of the English game.
“They have wholeheartedly apologised to their fans, fellow clubs, the Premier League and The FA.
“As a gesture of goodwill, the clubs have collectively agreed to make a contribution of £22million which will go towards the good of the game, including new investment in support for fans, grassroots football and community programmes.
“Furthermore, the clubs have agreed to support rule changes so that any similar actions in the future would lead to a 30-point deduction. Each of the six clubs, in that event, would also be subject to an additional £25 million fine.
“The Premier League and The FA have worked closely together throughout this process and this agreement brings both investigations into the matter to a conclusion.”