• Major soccer club shares jump after teams unveil new European Super League that counts JPMorgan as a backer

    24 days ago - By Business Insider

    Summary List Placement The shares of major European soccer clubs jumped on Monday after twelve elite teams unveiled plans to form a new European Super League that will be backed in part by JPMorgan, according to a report on Monday from Bloomberg that cited a person familiar with the matter.
    Juventus shares closed up almost 18% on the Borsa Italiana on Monday and England's Manchester United was last trading almost 10% higher on the day on the New York Stock Exchange.
    The two, together with 10 of their top-flight rivals, namely AC Milan, Arsenal, Atletico Madrid, Chelsea, Barcelona, Inter...
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  • Major soccer club shares jump after teams unveil new European Super League that counts JPMorgan as a backer

    Major soccer club shares jump after teams unveil new European Super League that counts JPMorgan as a backer

    24 days ago - By Business Insider

    Juventus and Inter Milan play in an empty stadium in Turin, Italy, on March 8, 2020.
    VINCENZO PINTO/AFP via Getty Images
    The shares of the biggest European soccer clubs rose after they announced a new Super League partly backed by JPMorgan.
    An investment of around $4.8 billion is expected from the bank, which did not confirm exact numbers.
    The breakaway soccer league has met with controversy amongst football fans and institutions.
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    The shares of major European soccer clubs jumped on Monday after twelve elite teams...
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  • Super League Will Make Soccer's Most Valuable Teams And Their Owners Richer

    24 days ago - By Forbes

    The top soccer tams and their owners are already cashing in on the new Super League.
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