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Stock impact report

Soccer-Bayern reject Super League, praise Champions League as world's best [Reuters]

JP Morgan Chase & Co. (JPM) 
Last jp morgan chase & co. earnings: 4/14 06:43 am Check Earnings Report
Company Research Source: Reuters
Soccer-Bayern reject Super League, praise Champions League as world's best By Reuters Staff 2 Min Read BERLIN, April 20 (Reuters) - Bayern Munich on Tuesday rejected plans for a Super League, throwing their weight behind the Champions League and calling it the world’s best club competition. Twelve of Europe’s top clubs launched the breakaway Super League on Sunday, kicking off what is set to be a bitter battle for control of the game and its revenue with European soccer’s governing body UEFA and world soccer’s FIFA. “Our members and fans reject the Super League,” said Bayern President Herbert Hainer in a statement. “It is our wish as Bayern and our aim that European clubs live this wonderfully emotional competition - the Champions League -- and develop it together with UEFA. Bayern say ‘No’ to the Super League.” The renegade clubs - six from the English Premier League plus three each from Spain and Italy - will be guaranteed places in the new competition in contrast to the Champions Show less Read more
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