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Stock impact report

UPDATE 1-Soccer-La Liga and clubs reject 'egotistical' Super League [Reuters]

Telefonica SA (TEF) 
Last telefonica sa earnings: 2/23 04:01 pm Check Earnings Report
Company Research Source: Reuters
Sports La Liga and clubs reject 'egotistical' Super League Spain's football league, La Liga, and a host of its clubs have added their name to a long list of institutions rejecting the idea of a European Super League. read more La Liga issued a statement on Monday that tore into the newly proposed Super League, labelling the move "selfish" and "egotistical". Spanish trio Real Madrid, Barcelona and Atletico Madrid are three of the 12 founding clubs of the new competition announced on Sunday, with Real president Florentino Perez also named president of the Super League. "The newly proposed top European competition is nothing more than a selfish, egotistical proposal designed to further enrich the already super rich," La Liga's statement said. "It will undermine the appeal of the whole game and have a deeply damaging impact on ... La Liga, its member clubs and the entire footballing ecosystem." La Liga president Javier Tebas has been a long-standing critic of the idea of a Europe-wide l Show less Read more
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