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Summary
- The English Football League Cup is currently taking place in the UK, with the League one and League two starting its 2021-22 season
- The UEFA Champions League is also currently underway with the much hyped Chelsea vs Villareal game scheduled for later today.
The English Football League (EFL) Cup is currently taking place in the UK, with the League one and League two starting its 2021-22 season on its opening weekend for the first few round of games from 7 August.
The EFL is the highest division knockout tournament in men’s domestic football, which takes place annually. The top two finishing teams of the EFL Championship are automatically promoted to the coveted English Premier League.
Swansea City won for the first time new head coach Russell Martin and moved the second round of the EFL Cup on Tuesday after beating Reading for 3-0.
Moreover, another sporting event, the UEFA Champions League, which is a top-division European clubs led annual tournament, is also currently underway. This is the qualifier for the UEFA Super Cup and the FIFA World Cup. The much hyped UEFA league Chelsea vs Villareal game is scheduled for later today at 8 PM GMT+1.
let us take a look at 2 FTSE 100 index listed sports stocks and how they are performing:
- JD Sports Fashion Plc (LON: JD.)
JD Sports is a sports apparel retail company. The company recently announced a strategic partnership with UK based lifestyle performance brand Gym King. JD made a multi-million investment in the company and now holds a significant minority stake.
(Image Source: EODHD/Others)
JD’s shares were trading at GBX 958.00, up by 1.94 per cent on 11 August at 8:20 AM GMT+1. Meanwhile, the FTSE 100 index was trading at 7,185.30, up by 0.34 per cent.
JD’s market cap stands at £9,695.23 million, and its year-to-date return is at 11.26 per cent as of 11 August.
Also Read: JD Sports cracks 2% as it agrees to sell Sports Unlimited Retail
- Flutter Entertainment Plc (LON: FLTR)
Flutter Entertainment is an Ireland based sports betting, gaming and entertainment company.
It announced its H1 2021 results yesterday, reporting a 101 per cent rise in its adjusted group EBITDA (excluding US) to £684 million, from £339 million in H1 2020 due to the May 2020 combination with The Stars Group.
Also, the company’s strong revenue results were due to a 40 per cent increase in its average monthly players.
(Image Source: EODHD/Others)
Flutter’s shares were trading at GBX 13,805.00, down by 1.04 per cent on 11 August at 8:20 AM GMT+1. While the travel and leisure sectoral index, which it is a part of, was trading at 8,539.20, down by 0.22 per cent. Flutter’s market cap stands at £24,459.6 million, as of 11 August.
Also Read: Flutter Entertainment shares zoom 10% as group’s H1 FY21 revenue doubles
