Just 24 hours after the football world received a huge shock with the announcement of a proposed European Super League, we've all been given another huge shock with that same tournament being supposedly cancelled!

Well, that was fast.

Just 24 hours after many fans around the world woke up to the shocking news that 12 of Europe's biggest clubs had decided to break away and form a European Super League independent of independent from the already established Champions League, that proposed tournament seems to have already come crashing down.

The event, which was expected to be bankrolled by American investment bank JP Morgan, had gotten fans, other teams, and pundits riled up as it excluded many clubs and would effectively see the same teams play against each other year in, year out. No one would be relegated, despite how poorly they did in their respective domestic leagues, thus ensuring  safety to some teams who have struggled to qualify for the Champions and even the Europa League in recent times after falling well behind their domestic counterparts.

Supporters of this scheme believed that it was necessary as they didn't feel that UEFA's plans are organized enough to help address financial concerns and properly ensure that ensure that revenue will be distributed properly. Nor did they feel that UEFA's restructuring ideas will raise as much money as their European Super League would and as such, a split was absolutely necessary, especially in this altered financial climate in a post COVID-19 world.

Opponents, however, felt that it discriminated against smaller teams hoping to also make their mark in the Champions League and wouldn't give fans the joy of seeing Cinderella stories where a smaller side pulls off a great upset in knocking a giant out of the competition. After all, that's what football is supposed to be about - not always the bigger sides playing each other all the time.

Well, it seems like things have turned out as many fans have wanted, as now it's been revealed that this European Super League won't come to fruition after all. Several clubs, including Chelsea, Atletico Madrid, and Manchester City have all pulled out, while Manchester United's stock price on the NYSE has taken a hammering as a result of their involvement in this unpopular tournament.

And that's not all. There's surely more to come as a result of this wild past 24 hours, that's for sure...