Olympique Lyon shares slip after top soccer clubs announce breakaway Super League

Reuters

19 April 2021 at 3:38 am·1-min read

PARIS (Reuters) - Shares in French soccer club Olympique Lyon slipped on Monday after twelve of Europe's top clubs launched a breakaway Super League, marking what could be a bitter battle for control of the game and its lucrative revenue.

Olympique Lyon's shares were down 0.4% in early session trading.

The breakaway Super League will feature six clubs from England's Premier League -- Manchester United, Manchester City, Liverpool, Arsenal, Chelsea and Tottenham Hotspur -- along with Spain's Real Madrid, Barcelona and Atletico Madrid and Italy's Inter Milan, Juventus and AC Milan.

(Reporting by Sudip Kar-Gupta, editing by Louise Heavens)

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