Real Madrid president Florentino Pérez will be the first chairman of the new European Super League.

In the Super League’s official statement on Sunday, Pérez gave his thoughts on the benefits of having a new breakaway competition, that will include Real Madrid.

“We will help football at every level and take it to its rightful place in the world. Football is the only global sport in the world with more than four billion fans and our responsibility as big clubs is to respond to the wishes of the fans.”