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Africa to go ahead with planned Super League – CAF

Africa to go ahead with planned Super League – CAF

MARK GLEESON  AFRICAN football is going ahead with plans to launch a Super League, the continent's governing body said yesterday, despite a similar project in Europe crashing after public outcry. Confederation of African Football (CAF) president Patrice Motsepe said an African Super League, an idea first suggested by FIFA president Gianni Infantino, was needed to improve the game on the continent and make it financially viable. "We are assessing and in preliminary discussions to start an inclusive and broadly supported and beneficial CAF African Super League," he said in a statement. "We have been following the attempts by some top…
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European soccer club shares jump after Super League announcement

European soccer club shares jump after Super League announcement

GIANCARLO NAVACH and DANILO MASONI SHARES in English soccer team Manchester United and Italy's Juventus jumped on yesterday after they and 10 other top European clubs announced the formation of a breakaway Super League that could significantly boost revenue for the clubs' wealthy owners. Juventus' share price surged nearly 19% as shareholders cheered the move to set up a rival to UEFA's established Champions League, Europe's most prestigious club competition. Shares in Manchester United rose 9% after opening on the New York Stock Exchange. The Super League, financed by U.S. bank JP Morgan, heralds the prospect of bigger and more…
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