The Super League had its day in court and won. What is it and why do some fans and clubs object?
ABC News
The Court of Justice of the European Union has ruled that soccer’s governing bodies UEFA and FIFA acted contrary to EU competition law by blocking plans for a breakaway Super League
MANCHESTER, England -- The Court of Justice of the European Union ruled Thursday that soccer's governing bodies UEFA and FIFA acted contrary to EU competition law by blocking plans for a breakaway Super League. Emboldened by that ruling, organizers quickly revealed plans for the new competition designed to change the face of European soccer.
That news was celebrated by Real Madrid, which along with Barcelona, has been leading the fight to get the new competition off the ground.
“Today a Europe of freedoms has triumphed, and also football and its fans have triumphed,” Madrid president Florentino Pérez said. “We are facing a great opportunity to improve European club football.”
A previous attempt to launch a Super League in 2021 collapsed when clubs backed out in the face of angry fan protests. And despite the latest ruling, it is unclear if the competition has wide backing or if clubs would be willing to join and risk alienating supporters and challenging UEFA.
In 2021 a group 12 of Europe's most storied clubs announced plans to create a new Super League. Proposals for the 20-team elite tournament would have seen 15 top clubs protected from relegation.
U.S. applications for unemployment benefits fell last week, remaining in the same range of recent years despite a broadly tepid labor market
Uber says it will invest up to $1.25 billion in Rivian Automotive to help launch up to 50,000 robotaxis
Kuwait says a drone attack targeting an oil refinery has sparked a fire
The National Retail Federation, the nation’s largest retail trade group, is forecasting annual retail sales will grow at a faster clip this year than last year, citing consumers’ resilience despite lots of economic volatility
U.S. wholesale prices came in hotter than expected in February
U.S. wholesale prices came in hotter than expected in February
Macy’s profit rose more than Wall Street expected in the fourth-quarter, and the retailer delivered another increase in comparable sales Wednesday
Iran's judiciary says it has executed man for allegedly spying for Israel's Mossad as war rages
Japan has recorded a trade surplus of 57.3 billion yen, or $360 million, in February, according to government data, reversing from a deficit a month earlier
The Iran war has rattled the global flow of oil, with steeper fuel costs already straining households worldwide
The Wisconsin state Senate has passed a $133 million package to combat contamination from forever chemicals
Colombia says it is seeking a license from the U.S. Treasury Department to invest in several electricity and natural gas ventures in Venezuela
The Iran war has scrambled the Federal Reserve’s outlook on inflation and unemployment and will likely further delay interest rate cuts this year, putting off any relief for consumers struggling with high borrowing costs for home and car purchases