Barcelona have accepted a proposal to join a new European Super League, a move that would secure the club's financial future, Josep Maria Bartomeu said after resigning as president on Tuesday.
Bartomeu and the rest of the board of directors resigned ahead of a vote of no confidence due next month.
The agreement to join the proposed European league would need to ratified by the club's members.
"I can announce some extraordinary news," Bartomeu said.
"(On Monday), the board of directors approved the requirements to participate in a future European Super League, a project promoted by the big clubs in Europe."
Last week, Sky News reported that a $6 billion funding package had been put in place for a breakaway league, that would feature up to 18 clubs from Europe's top five leagues, and is supported by Liverpool and Manchester United.
In response, La Liga President Javier Tebas said Bartomeu's comments confirmed his "ignorance" about the football industry and described the Super League as "a weak and imaginary competition".
"Sad end for a president with successes and lately many mistakes," Tebas tweeted.
Latest Stories
-
Let’s prioritize research quality in higher education institutions for industrial growth-Prof. Nathaniel Boso
7 hours -
Herman Suede is set to release ‘How Dare You’ on April 24
11 hours -
Heal KATH: Kuapa Kokoo, Association of Garages donate 120k to support project
11 hours -
KNUST signs MOU with Valco Trust Fund, Bekwai Municipal Hospital to build student hostel
11 hours -
The influence Ronaldo has on people, Cadman Yamoah will have same on the next generation – Coach Goodwin
12 hours -
Gender Advocate Emelia Naa Ayeley Aryee Wins prestigious Merck Foundation Awards
13 hours -
South Africa bursary scandal suspects granted bail
13 hours -
Ecobank successfully repays $500m Eurobond due April 18
13 hours -
Re: Doe Adjaho, Torgbui Samlafo IV, call for Unity among Paramountcies in Anlo
13 hours -
Extortion and kidnap – a deadly journey across Mexico into the US
13 hours -
Rihanna says fashion has helped her personal ‘rediscovery’ after having children
14 hours -
Development Bank Ghana targets GH¢1bn funding for commercial banks in 2024
14 hours -
Shatta Movement apologises to Ghana Society of the Physically Disabled after backlash
15 hours -
Sammy Gyamfi writes: Tema-Mpakadan Railway Project; A railway line to nowhere
15 hours -
Bright Simons: Is the World Bank saving or harming Ghana?
15 hours