JP Morgan provides €3.5bn for controversial football Super League

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JP Morgan provides €3.5bn for controversial football Super League

Mike Turner, 
Silas Brown
April 19, 2021 01:00 PM
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London, United Kingdom - February 03, 2019: Sun shines on J P Morgan signage at top of their UK branch at Canary Wharf. JPMorgan Chase is US multinational investment bank founded (originally) 1799 | Lubo Ivanko/Lubo Ivanko - stock.adobe.com

JP Morgan has emerged as the lender to a new Super League in European football. The US bank is committing to provide at least €3.5bn in debt for infrastructure projects, in the biggest shake-up of the world’s most popular sport in a generation. While highly controversial and not short of criticism, the new league will make its founding clubs more attractive investments.

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