English Soccer Clubs Fined £22M For Breakaway Bid

Law360 (June 9, 2021, 3:42 PM EDT) -- Six English soccer clubs on Wednesday were hit with a £22 million ($31 million) fine after rocking the sports world and sparking antitrust concerns when they announced plans to join a breakaway league in direct competition with the top European league.

The English Premier League levied the fine against Arsenal, Chelsea, Liverpool, Manchester City, Manchester United and Tottenham. It said in a statement that the clubs "acknowledged once again that their actions were a mistake and have reconfirmed their commitment to the Premier League and the future of the English game."

The penalty, which the league called "a gesture of goodwill,"...

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