Following the attempt of noted top premier league football clubs to join the European Super League, UEFA have asked the six Premier League teams who tried to join the league to make a combined €15million (£13m) goodwill contribution to benefit children’s and grassroots football across Europe.
In addition, the clubs will also loose 5 per cent of UEFA competition revenues withheld for one season.
The English clubs affected are : Arsenal, Manchester United, Chelsea, Liverpool, Tottenham Hotspur and Manchester City.
The also risk facing €100million (£87m) fine if they ever attempt another coup.
AC Milan, Inter Milan and Atletico Madrid have also climbed down in committing to existing international and national club competitions.
The official UEFA statement read: “Those nine clubs acknowledge and accept that the Super League project was a mistake and apologised to fans, national associations, national leagues, fellow European clubs and UEFA.
“They have also recognised that the project would not have been authorised under UEFA Statutes and Regulations.”
However, Real Madrid, Barcelona and Juventus, have refused to renounce the Super League.
UEFA insists it will take “appropriate action” against the the three clubs.