JP Morgan provides €3.5bn for controversial football Super League

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By Mike Turner, Silas Brown
19 Apr 2021

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.

The founding clubs are AC Milan, Arsenal, Atletico Madrid, Chelsea, Barcelona, Inter Milan, Juventus, Liverpool, Manchester City, Manchester, Real Madrid and Tottenham Hotspur.  Notably, no German or French teams have signed on, yet.

The planned league takes on a North American approach to competition, where it is impossible ...

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