MILAN (Reuters) - Shares in English soccer team Manchester United and Italy's Juventus jumped on Monday after they and 10 other top European clubs announced the formation of a breakaway Super League that could significantly boost revenue for the clubs' wealthy owners.
Juventus' share price surged nearly 19% as shareholders cheered the move to set up a rival to UEFA's established Champions League, Europe's most prestigious club competition.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!