FIFA's Infantino Issues Super League Warning; P.S.G. Won't Join It [The New York Times]
JP Morgan Chase & Co. (JPM)
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Source: The New York Times
Either you are in, or you are out.The president of world soccer’s governing body, FIFA, delivered a short but powerful message to the dozen rich and powerful European clubs whose planned breakaway Super League has threatened to upend the decades-old structures that underpin the world’s most powerful sport.“If some elect to go their own way then they must live with the consequences of their choice, they are responsible for their choice,” the FIFA president, Gianni Infantino, said in an address to European soccer leaders at their congress in Montreux, Switzerland. “Concretely this means, either you are in, or you are out. You cannot be half in and half out. This has to be absolutely clear.”Infantino’s intervention came amid mounting fury against a proposed European Super League that has turned the sports project into a national emergency in the three countries — England, Spain and Italy — that are home to its 12 founding members.In Britain, which is providing half of the breakaway group
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