- | - Select Menu

Slider-Index

Breaking Gist

Newspaper Reviews

Entertainment Gists

Education

Cryptocurrency Gists

Music

JOB ALERTS

VIRAL GISTS

Politics & Government

» » UEFA to drop legal action against Barcelona, Real Madrid, Juventus over attempted breakaway
«
Next
Newer Post
»
Previous
Older Post

UEFA is dropping legal action against Real Madrid, Barcelona and Juventus, the three remaining clubs who are still insisting on the European Super League.

The football body is informing the Madrid commercial court that it will no longer pursue legal action, according to Sky Sports.

The three clubs had argued in court that the attempt to punish them for setting up a breakaway league was against European competition law.

UEFA will also reach out to the other nine clubs involved in the attempted breakaway and inform them they will no longer have to pay the fines imposed on them for trying to set up the Super League in April.

The nine clubs are Arsenal, Chelsea, Liverpool, Manchester City, Manchester United, Tottenham Hotspur, Atletico Madrid, AC Milan and Inter Milan.

In May, they all agreed to pay a combined fine of €15m and to have 5% of their UEFA competitions revenues withheld for one season.

UEFA is dropping its legal action because it respects the Spanish judicial process and it believes that it is not in its interests or the interests of its member associations to drag this out through the courts.

UEFA to drop legal action against Barcelona, Real Madrid, Juventus over attempted breakaway



from Daily Post Nigeria https://ift.tt/2ZHuDTD
via IFTTT

About Colossus Gists

Nigerian #1 Multifarious Entertainment Magazine, providing Nigerian gists on Celebrities, Politics, Lifestyle, Relationships, Events, Pageants, Fashion and other Breaking Stories. For Event, Pageant, Wedding, Program, Hype and Media PR, let us know; Add Us On BBM:5651B8C1 Or Call/Whatsapp +2347034265167
«
Next
Newer Post
»
Previous
Older Post

No comments

Lets Hear Your View

Let's hear your own personal view using the comment box below