LaLiga president Javier Tebas has dismissed the prospect of a breakaway European Premier League, stating that such a proposal is a product of "ignorance".
According to reports that began to circulate on Tuesday, the prospective competition is backed by Wall Street giants JP Morgan as well as English clubs Liverpool and Manchester United and could come into being as soon as 2022.
BREAKING: Liverpool and Manchester United among top clubs in talks over bombshell plot to join new FIFA-backed 'European Premier League'— Sky Sports News (@SkySportsNews) October 20, 2020
The EPL would bring together Europe's top clubs in a single tournament, which would ultimately replace the Champions League as the continent's top club prize.
Tebas, however, is strongly against any such move while seriously doubting that the project is even a real possibility.
"The authors of this idea, if they really exist because there is nobody actually defending it, not only show total ignorance of the organisation and customs of European and world football, but also a serious ignorance of the audiovisual rights markets," he explained to ESPN when asked about the reported plans.
"A project of this type will mean serious economic damage to the organisers themselves and to those entities that finance it, if they exist, because they're never official. These 'underground' projects only look good when drafted at a bar at 5 in the morning."