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European Super League shelved as more clubs withdraw

The European Super League collapsed on Wednesday as eight of the 12 founding members from England, Italy and Spain abandoned the breakaway project. The project collapsed after it came under massive pressure from fans, politicians, football officials and even the British royals. Founder and Juventus chairman Andrea Agnelli told Reuters he was reluctantly calling time on the new league. This was after six English clubs withdrew on Tuesday, with Inter Milan and Atletico Madrid following suit and AC Milan indicating they would too. “The voices and the concerns of fans around the world have clearly been expressed about the Super League, and AC Milan must be sensitive to the voice of those who love this wonderful sport,” the Italian club said in a statement. Agnelli said he still believed in the...

Alibaba founder Jack Ma ‘missing’ after criticism of Chinese government

Chinese business magnate Jack Ma has reportedly gone missing for two months, Yahoo Finance reported early Monday. The seemingly awkward disappearance of the 56-year-old billionaire businessman from the public eye comes nearly three months after he made critical remarks about the ‘stifling of innovation’ by Chinese authorities through stringent regulations, which he said had outlived their relevance. “Today’s financial system is the legacy of the Industrial Age,” Yahoo Finance reported Mr. Ma to have said on October 24. “We must set up a new one for the next generation and young people. We must reform the current system.” The Alibaba and Ant Group founder, who has spent years advancing the course of an open and market-driven economy in the communist East Asian country, has not been seen in ...