Another key attraction is the introduction of new cost control mechanisms.
Super League clubs have committed to spending only 55 per cent of their revenues on “sport spending”, such as player salaries, transfer and agent fees, according to people familiar with the terms. Currently, European clubs typically spend 70-80 per cent of their income on footballers’ wages alone.
The competition’s structure would resemble that of “closed” North American sports leagues, where franchise owners enjoy reliable profits and team valuations have risen steadily over time.
That model has proved lucrative to many billionaire US backers of the Super League. This includes: John W. Henry who owns Liverpool and baseball’s Boston Red Sox; the Florida-based Glazer family that owns the NFL’s Tampa Bay Buccaneers and Manchester United; and Stan Kroenke own several US sports franchises such as Los Angeles Rams, as well as Arsenal.