The millions Arsenal lost after failed Super League revealed

Arsenal have damaged more than their bank balance with their actions since Sunday. They’ve brought shame to the club, disgraced its values and traditions, torched the rickety bridges they’d attempted to rebuild with the fanbase and so, so much more.

Money, the carrot dangling in front of KSE’s face, was leading them on this arrogant, selfish charge, something they’ve ironically lost as a result.

It was never going to come free of charge. The mantra of needing to spend in order to make was followed in this case, and while these owners have been reluctant to dip their hands into their pockets, their blind greed on this occasion got the better of them. There was genuine belief this farcical, idiotic coup would come to fruition and line their pockets with gold.

Such was their confidence in a project fronted by one of the most out of touch clowns in this sport, Florentino Perez – which in itself is beyond baffling – they parted with cash to buy equity stakes in the Super League.

The millions of pounds Arsenal lost after failed Super League revealed

As per Matt Hughes in the Daily Mail, the English ‘big six’ have already lost £48m, £8m each. These purchases stakes were being used to ‘create the competition’s infrastructure, fund crucial roles such as negotiating with broadcasters and commercial partners, and to pay legal fees’.

Much like the formation of this division itself, a lot is shrouded in mystery, such as how much of this total sum has been spent already and whether any of it will be returned now this disgraceful farce has been disbanded.

And who will pay it? Every single penny should be fronted up by Stan Kroenke. Sorry, every dime. All of this was the idea of that man, yet the fear (realisation) that the supporters will be those to pay the price is unshakable.

This £8m covers the salaries of the 55 staff members made redundant earlier this Premier League season many times over. There are no more superlatives to express their greed.

Expected to be just the tip of an iceberg we likely won’t hear about, further compensation could be in need of repaying as Arsenal could be forced to pay the other European Founding Clubs for breaking a clause in the 23-year contract they signed with the ESL.

The shame can’t be shirked. Who suffers the most?