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European Super League will pour €400m into grassroots football, says new chief

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Anas Laghari claims elite competition will reignite love of game and end ‘madness’ of big money transfers

The Spanish banker who created the controversial new European Super League has promised the new JP Morgan-backed competition will pump €400m (£350m) into the national leagues that the elite clubs plan to leave behind.

Anas Laghari, a partner at the Madrid bank Key Capital and the newly appointed general secretary of the Super League, said the new league would reignite younger people’s love of football and end the “madness” of big money transfers.

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