Juve: Sell-off continues after Super League project fades

Futebol Clube do Porto Futebol SAD

21/04/2021 10:24

(Updates with Agnelli's statement)
    ** Shares in Italy's Juventus  JUVE.MI  extend losses to
12.5% nearly wiping off this week's gains after the withdrawal
of English clubs from the Super League project  urn:newsml:reuters.com:*:nL8N2ME2FK
    ** Breakaway European Super League founder and Juventus
chairman Andrea Agnelli said the league can no longer go ahead
 urn:newsml:reuters.com:*:nL1N2ME0L9
    ** Super League, which has been met with disapproval from
FIFA, heads of governments, former players as well as fans, was
reduced to three teams each from Spain and Italy within 48 hours
of its launch on Sunday
    ** Juventus shares, which jumped 18% on Monday, may be
subject to a short squeeze, financial analytics firm Ortex said,
estimating 9.7% of Juventus' free float to be shorted
 urn:newsml:reuters.com:*:nL8N2MD2SL 
    ** Manchester United  MANU.K  plunged 6% on Tuesday
    
    

 ((boleslaw.lasocki@tr.com))