All 12 European Super League teams will hold a meeting tonight ahead of potentially disbanding the competition, according to reports.
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Both Manchester City and Atletico Madrid are ready to follow suit with Chelsea and exit the controversial Super League.
According to talkSPORT, the 12 Super League teams will take part in a meeting tonight to discuss the future of the club competition.
Real Madrid president Florentino Perez had previously issued a warning to clubs involved in The Super League, saying that the contract was "binding."
The Super League chairman told El Chiringuito: "The contract of the Super League is binding. Nobody can leave, we will work all together.
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"All the clubs signed the contracts last Saturday -- there's no problem."
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The 74-year-old Spaniard explained: "Whenever there is a change, there are always people who oppose it. We are doing this to save football at this critical moment.
"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."
Chelsea and City were two of the Premier League's 'big six' sides involved in the Super League alongside Manchester United, Arsenal, Liverpool and Tottenham.
Topics: European Super League, Football, ESL