Juventus remain convinced over the validity of a European Super League but admit the planned breakaway competition cannot possibly go ahead following a raft of withdrawals.

Milan followed Serie A rivals Inter in pulling out on Wednesday, as did Spanish side Atletico Madrid in a move welcomed by head coach Diego Simeone.

All six English teams – Arsenal, Chelsea, Liverpool, Manchester City, Manchester United and Tottenham – ended their involvement on Tuesday following widespread criticism of the proposal, including from some of their own players and coaches.

Juve president Andrea Agnelli confirmed to Reuters that the mass exodus of the Premier League contingent had effectively ended the possibility of a Super League going ahead – for now at least.

In a statement released on Wednesday, the Bianconeri made clear the necessary procedures required for clubs to end their involvement have yet to be completed, as well as outlining how such a tournament still has merit from a sporting and commercial viewpoint.

"With reference to the press release issued by Juventus on April 19, relating to the project to create the Super League, and the subsequent public debate, the issuer specifies that it is aware of the request and intentions otherwise expressed by some clubs to withdraw from this project, although the necessary procedures under the agreement between the clubs have not been completed," a statement read.

"In this context, Juventus, while remaining convinced of the validity of the sporting, commercial and legal assumptions of the project, believes that it currently has limited possibilities of being completed in the form in which it was initially conceived.

"Juventus remains committed to building long-term value for the club and for the entire football movement."

Milan's U-turn came after taking into consideration the reaction from supporters to the tournament. The founding members would have been involved each season regardless of their performances in domestic leagues, a rule that received widespread condemnation.

"We accepted the invitation to participate in the Super League project with the genuine intention to deliver the best possible European competition for football fans around the world and in the best interest of the club and our own fans," Milan said in a statement.

"Change is not always easy, but evolution is necessary for progress, and the structures of European football have evolved and changed over the decades.

"However, the voices and the concerns of fans around the world have clearly been expressed about the Super League, and Milan must be sensitive to the voice of those who love this wonderful sport.

"We will continue to work hard to deliver a sustainable model for football."

Diego Simeone was not prepared to criticise Atletico Madrid chiefs nor the premise of the European Super League following the proposed competition's collapse but backed the decision to withdraw.

Atletico were one of the 12 founding clubs to initially sign up for the tournament, which was announced on Sunday, but their plans crumbled within 48 hours.

The backlash was significant on Monday and then Tuesday proved pivotal, as English clubs took note of the passionate response from fans, media, players and coaches.

Manchester City became the first to withdraw, followed by Chelsea, Arsenal, Liverpool, Manchester United and Tottenham. Atletico, Inter and Milan followed on Wednesday

Atletico boss Simeone did not take the opportunity to openly criticise the plans during a press conference on the eve of Thursday's LaLiga clash with Huesca, as Jurgen Klopp and Pep Guardiola did in previous days, but accepted it was the right decision.

Speaking of his talks with Atletico CEO Miguel Angel Gil Marin, Simeone said: "Going into what he told us is not appropriate, but we saw doubts about this situation and what happened later, last night, when the clubs began to leave the Super League.

"I was told after the last game, I understood that the club was going to decide what was best for the club. The club has looked at our fans, employees, players, president – the Atletico family."

When pressed for his own opinion, Simeone added: "Listen to what I said before. I was clear, concrete and true. There is nothing to hide.

"I was one of the first to be consulted after the match and I said that I absolutely trusted the club because they were going to do what was best for the club. We understand that this situation [the withdrawal] is good for everyone. We all belong to football – before being footballers and coaches, we are fans.

"They have known me for a long time, I do not like demagoguery or taking advantage of situations to strengthen myself.

"What I think, I tell the people I have to talk to. I do not like to express myself here."

Simeone still expects the events of the past few days to contribute to significant change in European football.

"Faced with seismic movements like this, something is going to change, for sure, I have no doubt," he said. "And for the better, don't get me wrong.

"When there are movements, the parties will have to get closer and find what everyone wants or wanted before."

UEFA president Aleksander Ceferin sounded a conciliatory note as plans for a European Super League unravelled in the face of wide-ranging backlash. 

Little more than a day after hitting out at a proposal he said was "fuelled purely by greed above all else," Ceferin indicated a willingness to move forward with the clubs that have backed out of the breakaway league. 

Arsenal, Chelsea, Liverpool, Manchester City, Manchester United and Tottenham all confirmed they were ending their involvement with the European Super League after a popular uproar about the plans. 

“I said yesterday that it is admirable to admit a mistake and these clubs made a big mistake," Ceferin said in a statement. 

“But they are back in the fold now and I know they have a lot to offer not just to our competitions but to the whole of the European game.

“The important thing now is that we move on, rebuild the unity that the game enjoyed before this and move forward together.”

The English clubs' withdrawal from the venture leaves Real Madrid, Barcelona, Atletico Madrid, Juventus, Milan and Inter to continue, but it is unclear what shape the proposal might take with half of its projected participants no longer involved. 

The European Super League said after the defections it would "reconsider the most appropriate steps to reshape the project". 

UEFA plans to move ahead with the Champions League revisions announced Monday in the face of whatever threat might remain from the Super League proponents. 

Those plans include an increased field of 36 teams as the present format -  whereby there are eight pools of four – will be scrapped.

Instead, each team will play 10 group games before advancing to a last-16 knockout format. The changes are due to be introduced for the 2024-25 season.

Leaders of the European Super League were weighing up their options after half of their proposed member clubs pulled out Tuesday. 

The six English clubs - Manchester City, Arsenal, Liverpool, Manchester United, Tottenham and Chelsea - have all confirmed their withdrawal.

Their departure leaves Real Madrid, Barcelona, Atletico Madrid, Juventus, Milan and Inter to continue.

"Despite the announced departure of the English clubs, forced to take such decisions due the pressure out on them, we are convinced our proposal is fully aligned with European law and regulations as was demonstrated today by a court decision to protect the Super League from third party actions," the European Super League said in a release. 

"Given the current circumstances, we shall reconsider the most appropriate steps to reshape the project, always having in mind our goals of offering fans the best experience possible while enhancing solidary payments for the entire football community."

The European Super League statement also reiterated that the "current status quo of European football needs to change". It said the current European system "does not work".

The project has received widespread condemnation from fans, players, coaches, federations and national governments since its initial announcement on Sunday.

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