Just 48 hours after announcing themselves as founder members of the European Super League, Manchester United have confirmed they have backtracked.
In just 10 words on social media, United dismissively declared: "We will not be participating in the European Super League."
A United spokesperson followed that up with a further statement, declaring: "Manchester United will not be participating in the European Super League.
"We have listened carefully to the reaction from our fans, the UK government and other key stakeholders.
"We remain committed to working with others across the football community to come up with sustainable solutions to the long-term challenges facing the game.”
It capped a remarkable evening of developments in the saga which also saw United executive vice-chairman Ed Woodward resign.
Woodward will remain in situ until the end of the year however.
United legend Gary Neville welcomed the news - but insists the club's owners, the Glazer family, are no longer welcome at Old Trafford.
"They attacked every single football fan in this country with what they did," said Neville. "The Glazers have no place in Manchester anymore.
"We have to work hard together to ensure that ownership rules in this country are changed, that we have a system whereby this cannot happen.
"Whether that’s Government intervention, independent regulator, whether it be a fan-owned club rule, whatever it is - we have to make sure that this is the catalyst for change.
"The people have spoken. We were on the brink of anarchy if this continued."
In contrast to United's statement, Spurs chairman Daniel Levy said he regretted the “anxiety and upset” caused as he confirmed his club's withdrawal.
Levy said in a statement: “We regret the anxiety and upset caused by the ESL proposal.
“We felt it was important that our club participated in the development of a possible new structure that sought to better ensure financial fair play and financial sustainability whilst delivering significantly increased support for the wider football pyramid.
“We believe that we should never stand still and that the sport should constantly review competitions and governance to ensure the game we all love continues to evolve and excite fans around the world.
“We should like to thank all those supporters who presented their considered opinions.”
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