England's Premier League teams withdrew from the European Super League on Tuesday, leaving the project in tatters just 48 hours after it was launched.
Manchester City, Manchester United, Liverpool, Arsenal, Tottenham and Chelsea signed as founding members of the 12-team league, but all have now withdrawn.
Reports on social media also suggested that Spanish club Atletico Madrid were considering leaving.
There has been huge opposition to the plans in English football and fans celebrated in the streets around Stamford Bridge as the news was reported before the team's home game with Brighton.
Should Chelsea's withdrawal be confirmed it would be a major blow to the plans for the competition set up to rival Uefa's Champions League.
The BBC reported that Blues owner Roman Abramovich is understood to have been behind the decision.
Former Chelsea goalkeeper Petr Cech, now the club's technical adviser, had come out of the stadium to persuade fans to clear the roads as the home side's team bus was held up, causing kick-off to be delayed by 15 minutes.
Cech was heard shouting "give us time" before being drowned out by angry protesters.
Liverpool footballer Jordan Henderson took to Twitter to reassure fans.
"We don't like it and don't want it to happen," Henderson said.
"This is our collective position. Our commitment to this football club and its supporters is absolute and unconditional. You'll never walk alone."
British Prime Minister Boris Johnson on Tuesday commended Chelsea and Manchester City for their reported withdrawal and called on the other clubs to pull out.
"I hope the other clubs involved in the European Super League will follow their lead," Mr Johnson said, after his government threatened a range of measures to block the English teams from taking part.
Tuesday's developments came shortly after the Super League won a preliminary ruling from a Madrid court to stop European soccer body Uefa and the sport's global governing body Fifa from imposing sanctions to stop the new formation.
The court said that Fifa, Uefa and all its associated federations must not adopt "any measure that prohibits, restricts, limits or conditions in any way" the Super League's creation.
It was not immediately clear what authority the Madrid court, which adjudicates corporate disputes, had over the Swiss-based soccer bodies and a source close to Uefa said the organisation was "relaxed" about the ruling.
The Super League has been hoping that a mix of defensive court action and momentum would lead soccer's authorities to accept their new competition within the game.
Fifa president Gianni Infantino said that the clubs could not be "half in, half out" of the established framework.
Earlier, the Premier League met with the 14 clubs not involved and said they had "unanimously and vigorously" rejected plans for a European Super League.
It said it was considering all "actions available to prevent it from progressing".
Uefa president Aleksander Ceferin told the clubs on Tuesday that it was not too late to admit they had made a mistake.
"Gentlemen, you made a huge mistake," Ceferin said. "Some will say it is greed, some complete ignorance of England's football culture.
"There's still time to change your mind. Everyone makes mistakes."
Reaction to the scheme has been scathing, with politicians and football authorities threatening to take legal action against the "dirty dozen" and possibly ban them from domestic leagues.
Juventus, Inter Milan, AC Milan, Real Madrid and Barcelona were the other five clubs who agreed to the plan.
THREE
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Frida%20
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Ferrari 12Cilindri specs
Engine: naturally aspirated 6.5-liter V12
Power: 819hp
Torque: 678Nm at 7,250rpm
Price: From Dh1,700,000
Available: Now
SPECS
Toyota land Cruiser 2020 5.7L VXR
Engine: 5.7-litre V8
Transmission: eight-speed automatic
Power: 362hp
Torque: 530Nm
Price: Dh329,000 (base model 4.0L EXR Dh215,900)
French Touch
Carla Bruni
(Verve)
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The struggle is on for active managers
David Einhorn closed out 2018 with his biggest annual loss ever for the 22-year-old Greenlight Capital.
The firm’s main hedge fund fell 9 per cent in December, extending this year’s decline to 34 percent, according to an investor update viewed by Bloomberg.
Greenlight posted some of the industry’s best returns in its early years, but has stumbled since losing more than 20 per cent in 2015.
Other value-investing managers have also struggled, as a decade of historically low interest rates and the rise of passive investing and quant trading pushed growth stocks past their inexpensive brethren. Three Bays Capital and SPO Partners & Co., which sought to make wagers on undervalued stocks, closed in 2018. Mr Einhorn has repeatedly expressed his frustration with the poor performance this year, while remaining steadfast in his commitment to value investing.
Greenlight, which posted gains only in May and October, underperformed both the broader market and its peers in 2018. The S&P 500 Index dropped 4.4 per cent, including dividends, while the HFRX Global Hedge Fund Index, an early indicator of industry performance, fell 7 per cent through December. 28.
At the start of the year, Greenlight managed $6.3 billion in assets, according to a regulatory filing. By May, the firm was down to $5.5bn.
Key facilities
- Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
- Premier League-standard football pitch
- 400m Olympic running track
- NBA-spec basketball court with auditorium
- 600-seat auditorium
- Spaces for historical and cultural exploration
- An elevated football field that doubles as a helipad
- Specialist robotics and science laboratories
- AR and VR-enabled learning centres
- Disruption Lab and Research Centre for developing entrepreneurial skills
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Porsche Macan T: The Specs
Engine: 2.0-litre 4-cyl turbo
Power: 265hp from 5,000-6,500rpm
Torque: 400Nm from 1,800-4,500rpm
Transmission: 7-speed dual-clutch auto
Speed: 0-100kph in 6.2sec
Top speed: 232kph
Fuel consumption: 10.7L/100km
On sale: May or June
Price: From Dh259,900
UAE currency: the story behind the money in your pockets
THE SPECS
Engine: 1.5-litre
Transmission: 6-speed automatic
Power: 110 horsepower
Torque: 147Nm
Price: From Dh59,700
On sale: now
Our family matters legal consultant
Name: Hassan Mohsen Elhais
Position: legal consultant with Al Rowaad Advocates and Legal Consultants.
SPECS
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SERIES SCHEDULE
First Test, Galle International Stadium
July 26-30
Second Test, Sinhalese Sports Club Ground
August 3-7
Third Test, Pallekele International Stadium
August 12-16
First ODI, Rangiri Dambulla Stadium
August 20
Second ODI, Pallekele International Stadium
August 24
Third ODI, Pallekele International Stadium
August 27
Fourth ODI, R Premadasa Stadium
August 31
Fifth ODI, R Premadasa Stadium
September 3
T20, R Premadasa Stadium
September 6
The specs
Engine: 4.0-litre flat-six
Torque: 450Nm at 6,100rpm
Transmission: 7-speed PDK auto or 6-speed manual
Fuel economy, combined: 13.8L/100km
On sale: Available to order now
Fight card
1. Bantamweight: Victor Nunes (BRA) v Siyovush Gulmamadov (TJK)
2. Featherweight: Hussein Salim (IRQ) v Shakhriyor Juraev (UZB)
3. Catchweight 80kg: Rashed Dawood (UAE) v Khamza Yamadaev (RUS)
4. Lightweight: Ho Taek-oh (KOR) v Ronald Girones (CUB)
5. Lightweight: Arthur Zaynukov (RUS) v Damien Lapilus (FRA)
6. Bantamweight: Vinicius de Oliveira (BRA) v Furkatbek Yokubov (RUS)
7. Featherweight: Movlid Khaybulaev (RUS) v Zaka Fatullazade (AZE)
8. Flyweight: Shannon Ross (TUR) v Donovon Freelow (USA)
9. Lightweight: Mohammad Yahya (UAE) v Dan Collins (GBR)
10. Catchweight 73kg: Islam Mamedov (RUS) v Martun Mezhulmyan (ARM)
11. Bantamweight World title: Jaures Dea (CAM) v Xavier Alaoui (MAR)
12. Flyweight World title: Manon Fiorot (FRA) v Gabriela Campo (ARG)
UAE currency: the story behind the money in your pockets
Benefits of first-time home buyers' scheme
- Priority access to new homes from participating developers
- Discounts on sales price of off-plan units
- Flexible payment plans from developers
- Mortgages with better interest rates, faster approval times and reduced fees
- DLD registration fee can be paid through banks or credit cards at zero interest rates
The five pillars of Islam
UPI facts
More than 2.2 million Indian tourists arrived in UAE in 2023
More than 3.5 million Indians reside in UAE
Indian tourists can make purchases in UAE using rupee accounts in India through QR-code-based UPI real-time payment systems
Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions
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MATCH INFO
Uefa Nations League
League A, Group 4
Spain v England, 10.45pm (UAE)
Volvo ES90 Specs
Engine: Electric single motor (96kW), twin motor (106kW) and twin motor performance (106kW)
Power: 333hp, 449hp, 680hp
Torque: 480Nm, 670Nm, 870Nm
On sale: Later in 2025 or early 2026, depending on region
Price: Exact regional pricing TBA
The Gentlemen
Director: Guy Ritchie
Stars: Colin Farrell, Hugh Grant
Three out of five stars
