The controversial decision to form a breakaway European Super League was taken “to save football” and in part motivated because “young people are no longer interested” in the game, Real Madrid president Florentino Perez said on Tuesday.
"Whenever there is a change, there are always people who oppose it... and we are doing this to save football at this critical moment," Perez said on the Spanish TV show El Chiringuito de Jugones.
"Audiences are decreasing and rights are decreasing and something had to be done. We are all ruined. Television has to change so we can adapt.
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Young people are no longer interested in football. Why not? Because there are a lot of poor quality games and they are not interested, they have other platforms on which to distract themselves.
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Real have been joined in the venture by two other Spanish clubs, Barcelona and Atletico Madrid. Premier League clubs Manchester United, Liverpool, Manchester City, Chelsea, Arsenal and Tottenham Hotspur have also signed up to the plans.
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The founding group of 12 is completed by Italian Serie A trio AC Milan, Inter Milan and Juventus. Another three will be included as guaranteed members and five others will qualify to join them each year.
But the top teams were losing money and needed a fresh impetus, Perez stressed, and the expanded Champions League announced by UEFA on Monday was no answer.
"If we continue with the Champions League there is less and less interest and then it’s over,” he said.
The new format, which starts in 2024 is absurd…In 2024 we are all dead.
"Together we have lost 5 billion (euros),” he said of the top clubs' alleged losses. “In two seasons, Madrid have lost 400 million."
"When you have no income other than television, you say that the solution is to make more attractive matches that fans from all over the world can see with all the big clubs and we came to the conclusion that if instead of having a Champions League we have a Super League we would be able to alleviate what we have lost."
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Perez came out with a string of novel suggestions during the almost two-hour long conversation, suggesting football matches could be made shorter to make them more appealing, and vowing the new league would have better officiating and better Video Assistant Referees.
He also lambasted UEFA president Aleksander Ceferin, who earlier in the day had himself launched an angry attack on the new league, but said the rebels would exhaust all dialogue before the new league started, possibly as early as August.
"If we reach an agreement with UEFA we want to start in August, if not, we can wait a year," he said.
The move has plunged the game of football into turmoil and triggered widespread condemnation across both sport and society, but Perez brushed off the criticism and played up the prospect of more big games.
"What's so attractive? That we play among the big teams, the competitiveness, to generate more resources?" he added.
This is not a league for the rich, it’s a league to save football.
Additional reporting from Reuters
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