Florentino Perez has warned that no club can leave the European Super League after signing binding contracts to participate and denied JP Morgan have pulled their backing to fund the competition.
Speaking out yet again after a flurry of clubs withdrew, Perez - who heads the controversial competition - slammed teams for 'manipulating our project' and vowed that the tournament 'still exists' and will go ahead regardless.
The Premier League 'Big Six' - namely Manchester City, Chelsea, Manchester United, Liverpool, Arsenal and Tottenham - were the first to pull out of the Super League 48 hours after its official founding, but Real Madrid chief Perez stated earlier this week all 12 clubs involved signed a 'legally binding contract'.
Speaking to Spanish outlet AS, the 74-year-old has reiterated his point that the plan is only on standby and accused others of 'manipulating' what the Super League project is about to mask fears of what they could lose.
When asked what penalties clubs who have withdrawn could face, Perez said: 'I'm not going to explain now what a binding contract is... But the clubs can't leave.
there doesn't seem to be anything here