La Liga boss backing new Champions League idea

Real Madrid football club supporters watch on a big screen at the Santiago Bernabeu stadium in Madrid on May 28, 2016 the UEFA Champions League final foobtall match between Real Madrid CF, Club Atletico de Madrid held in Milan, Italy. / AFP PHOTO / CURTO DE LA TORRE

The call for a parallel competition to rival the Uefa Champions League is gaining more ground as president of La Liga Javier Tebas has backed plans to launch a rival to Europe’s premier club competition, reports the Mirror.

According to the report, the La Liga boss has claimed that there will be the opportunity for “greater revenue” for clubs under the plans for a breakaway competition.

The proposals have been mooted by the Dalian Wanda Group, who are owned by China’s richest man, Wang Jianlin, to create a tournament for Europe’s most prestigious clubs.

The  recent mega TV broadcasting deals surrounding England’s Premier League and Germany’s Bundesliga have left Spanish football authorities concerned that their European rivals are gaining a financial advantage.

“If [European club competition] is reorganised as Wanda has set out, there is a greater opportunity to generate more revenue from audiovisual broadcasting,” Tebas told the Financial Times.

Tebas has also confirmed that they are now inclined to back Wanda after changes to the Champions League were announced without serious consultation with the clubs who play in the competition.

“We’ve also become more interested in [Wanda’s] proposal since UEFA announced they will be reforming [the Champions League], without seriously consulting — in detail — their broader reform plans with the other national leagues.”