Uefa holds crisis meeting after breakaway Super League is launched
Europe’s soccer governing body in battle for control as JPMorgan confirms it is financing new competition
European soccer’s governing body Uefa held a crisis meeting on Monday, hours after 12 of the continent’s leading clubs shocked the football world by announcing the formation of a breakaway Super League.
US investment bank JPMorgan confirmed on Monday that it is financing the new league which includes clubs such as Real Madrid and Manchester United and is a rival to Uefa’s established Champions League competition.
The breakaway has been heavily criticised by soccer authorities, fan organisations and politicians across Europe...