Barcelona president Josep Maria Bartomeu has resigned as Barcelona president following increasing pressure in the Catalan capital.
He however noted that he had accepted proposals for the club to join a European Super League.
After months of fans trying to force him out, Bartomeu stood down on Tuesday, along with the entire board of directors.
In a leaving speech Bartomeu said Barca had begun proceedings to join a Super League to help its financial future.
Meanwhile, La Liga president Javier Tebas responded to Bartomeu’s claims by saying it “confirms his ignorance about the football industry”.
Tebas called it a “weak and imaginary competition which would be their ruin”.
Bartomeu was due to step down in March, having served the maximum two terms as president, but was facing a vote of no confidence as more than 20,000 club members signed a motion to remove him.
Resentment had grown against his leadership over the past year because of worsening finances and Barca’s decline on the pitch and their failure to win a trophy last season.
Bartomeu also fell out with superstar skipper Lionel Messi in the summer after the Argentina forward handed in a shock transfer request.
Messi failed to force a move and decided to stay as he did not want a long-drawn out legal tussle with the club, but hit out at Bartomeu, adding: “There has been no project or anything for a long time”.
It remains to be seen how his resignation would affect the club, who take on Juventus in the Champions League today, four days after suffering a 3-1 home defeat to bitter rivals Real Madrid.