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A year ago to the date, Arsenal announced they had signed up to be part of a proposed new European Super League alongside the traditional 'big six' clubs in the Premier League as well as Real Madrid, Barcelona, Atletico Madrid, Juventus, AC Milan and Inter Milan.

"We have joined 11 European clubs as founding members of a new midweek competition, the European Super League," a statement read via the north London outfit's official website. "There's lots more to do to bring the competition to life and we will continue to update our supporters as things progress."

However, just 48 hours later the Gunners performed a dramatic U-turn following immense backlash from fans, pundits, UEFA, FIFA, government and players - including Hector Bellerin - and followed in the footsteps of Chelsea as well as Manchester City by pulling out of the tournament and issuing an apology to supporters.

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"As a result of listening to you and the wider football community over recent days we are withdrawing from the proposed Super League," a post read on Twitter. "We made a mistake, and we apologise for it."

The punishment from UEFA was to sacrifice five percent of their European competition revenue and to also make a collective donation of around £13million to UEFA as part of a reconciliation agreement with the governing body. But importantly, there was no no ban from UEFA competitions for Arsenal who then rejoined

Read more on msn.com