Juve: Slumps as English soccer clubs abandon Super League

Futebol Clube do Porto Futebol SAD

21/04/2021 08:29

(Updates share price move, adds details)
    ** Shares in Italy's Juventus  JUVE.MI  slump 10% giving
back most of this week's gains after six English football clubs
withdrew from the Super League project  urn:newsml:reuters.com:*:nL1N2ME00C
    ** 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 President Andrea Agnelli said in an interview
the Super League project is going ahead and has a 100% chance of
being a success  urn:newsml:reuters.com:*:nL8N2ME0VW
    ** 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))