Dosu Joseph has suggested the idea of the European Super League came about because the top clubs wanted more money in the game.
The proposed European competition has already hit a snag after protests from fans, players and other stakeholders of the game.
The 12 teams who had signed to be part of the tournament included Premier League sides Arsenal, Chelsea, Liverpool, Manchester City, Manchester United and Tottenham as well as three clubs from La Liga, and three from Serie A.
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The English top-flight sides have already pulled out from the proposed European competition as well as Atletico Madrid, Inter Milan among others leaving only Juventus, AC Milan, Barcelona and Real Madrid.