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English FA ‘exploring all options’ to prevent Super League repeat

English football is set for a fan-led review, under the direction of former sports minister Tracey Crouch, following the fall-out from the widely criticised breakaway plans. Twelve of Europe’s leading clubs — including the Premier League’s “big six” — announced late Sunday they had signed up to compete in the Super League. But the plans dramatically unravelled two days later as clubs withdrew following an outpouring of outrage from fans, governing bodies, players and politicians. Liverpool, Manchester United, Arsenal, Chelsea, Manchester City and Tottenham all swiftly confirmed they would not be moving ahead with the proposals, which would have seen founder members exempt from relegation. Bullingham is determined there must be no repeat of the chain of events, which caused an uproar throug...

Report: Jack Ma’s Ant Group considers overhaul due to regulatory pressure

Chinese financial technology giant Ant Group plans reorganisation that would allow it to be regulated more like a bank, Bloomberg reports. Jack Ma’s besieged Ant Group Co. is planning to fold its financial operations into a holding company that could be regulated more like a bank, according to people familiar with the situation, potentially crippling the growth of its most-profitable units. The fintech giant is planning to move any unit that would require a financial license into the holding company, pending regulatory approval, said the people, who asked not be named because the matter is private. The plans are still under discussion and subject to change, the people said. Ant declined to comment. The operations that Ant is looking to fold into the holding company include wealth managemen...