Bitcoin dropped below $60,000 on Friday, its lowest level since October 2024, just before Donald Trump’s election which propelled it to a record high.

The currency fell by about 6 percent around 1615 GMT, to $59.7709, before paring its losses slightly.

The election of Trump, a staunch advocate of cryptocurrencies, to the White House in November 2024 for a second term sparked a wave of enthusiasm in the sector, sending the price of bitcoin soaring to nearly $110,000.

AFP

Man City are considering taking legal action after a Real Madrid presedential candidate said he would sign Erling Haaland, if elected.

What actually happened?

Real presidential candidate Enrique Riquelme, who faces current president Florentino Perez in Sunday’s vote, claimed on Spanish TV show El Hormiguero on Wednesday night that Haaland had a release clause and wants to move to the Bernabeu. He also held up a Real shirt with ‘Haaland 9’ on the back.

Riquelme, who also promised to sign Haaland’s City team-mate Rodri, said: “If I break my promises regarding either of these players, I’ve signed a guarantee where I’d pay 100 per cent of membership costs for next season.

“Haaland has a release clause, and he wants to come to Madrid.”

What was City’s response?

However, Manchester City have moved quickly to refute those claims, saying in a statement that there is “no chance” Haaland will be leaving the Etihad Stadium any time soon. The Premier League club also said they are considering legal action over the shirt stunt.

A City spokesperson said in a statement: “The stories which have emerged from Spain regarding the future of Erling Haaland are untrue.

“There is no chance of this happening and there is no contractual clause to enable it.

“We are considering legal action for the use of our player image in this context.”

Haaland is under contract at the Etihad until the summer of 2034 and Haaland’s agent Rafaela Pimenta and his father Alfie Haaland laughed off suggestions the 25-year-old could soon be heading to the Spanish capital.

A joint-statement released in the early hours of Thursday morning said: “All very entertaining but not true. We wish all the best for both candidates in the Real Madrid elections.”

What was Perez’s response?

Meanwhile, current Real president Florentino Perez made his own election pledge on Wednesday night, seemingly confirming Jose Mourinho’s return to Real Madrid as manager, if he wins next Sunday’s presidential election.

Perez posted a video on X in which Mourinho features in a Real shirt saying: “Yes”, while the only other words to accompany it say: “Meanwhile, on TV, they just keep talking and talking and talking. So much history to be made.”

The video was posted in response to Riquelme’s TV apperaance promoting his rival bid.

Perez has made no secret of his intention to name Mourinho as head coach should he win the vote and remain for an eighth term in the role, but his social media post appears to have made it official.

Mourinho is widely expected to agree a three-year-deal to return to the Bernabeu Stadium and replace Alvaro Arbeloa, who was appointed in January after Xabi Alonso’s departure.

Benfica have yet to confirm Mourinho’s departure, while speculation has been mounting that Marco Silva is being lined up as his successor after the Portuguese announced he will leave Fulham when his contract expires in June.

Real Madrid’s presidential election on Sunday will be decided by the club’s members. It is the first contested election since 2006 as club members will choose between incumbent Perez, 79, and businessman Riquelme, 37.

According to an official statement from Liverpool, Liverpool legend Sir Kenny Dalglish has been diagnosed with cancer and is currently undergoing treatment.

Sir Kenny Dalglish posted an update on social media today. The full text is as follows:

The news was leaked when I accidentally posted something due to a slip of the hand. I am currently receiving treatment for cancer. Although I am clumsy with my phone, the treatment is progressing well.

This matter was intended to be handled privately and not disclosed to the public, but I am not very good at using digital devices and accidentally leaked the news.

I never intended to make my illness public, and I urge all parties to respect my privacy and that of my family, and to refrain from disturbing us.

As always, I thank the medical staff, who not only took meticulous care of me but also consistently upheld the principle of confidentiality, diligently protected countless patients, and honored their profession.”

Liverpool officials stated: All staff at Liverpool Football Club will send their best wishes and support to Sir Kenny Dalglish and his family, now and in the future. The club also echoed his request, calling on the outside world to respect his privacy.