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JP Morgan apologises for funding European Super League

JP Morgan apologises for funding European Super League Fans took to the streets to protest against the ESL. (Getty Images) JP Morgan has vowed to “learn from” its experience with the failed European Super League, after committing £2.8bn to the controversial project. In a statement, the investment bank said: “We clearly misjudged how this deal would be viewed by the wider football community and how it might impact them in the future. “We will learn from this.” Although JP Morgan had committed billions to funding the league, no money had changed hands. The investment bank was reportedly due to provide debt financing for the competition, and Sky News reported it was also to underwrite some £4.3bn in loans for the teams involved.

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European Super League contracts are LEAKED, revealing clubs pulling out face a £130m fee

Some details of the European Super League contracts have been leaked online It reveals that those clubs who have pulled out face a £130million break-up fee Teams would also be able to broadcast some of their matches themselves Real Madrid and Barcelona were to be paid an extra £52m more than their rivals It comes after UEFA announced the 12 clubs would not face sporting punishment Manchester United have added security after fans stormed their training base Boris Johnson has insisted he didn t know about the Super League until Sunday Super League backers JP Morgan have pulled their £3.5bn of financial support 

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La dura autocrítica de JP Morgan luego del nacimiento y muerte" de la Superliga Europea

La dura autocrítica de JP Morgan luego del nacimiento y muerte" de la Superliga Europea
clarin.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from clarin.com Daily Mail and Mail on Sunday newspapers.

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JPMorgan admits it misjudged backing European Super League

JPMorgan admits it misjudged backing European Super League
reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.

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JP Morgan sustainability rating downgraded after funding Super League

JP Morgan sustainability rating downgraded after funding Super League JP Morgan s sustainability rating has been downgraded from adequate to non-compliant . Sustainability ratings company Standard Ethics has downgraded JP Morgan’s rating after it was revealed to have funded the failed and controversial European Super League. Standard Ethics said it judged JP Morgan’s involvement in the project to be “contrary to sustainability best practices”, and as a result downgraded its corporate rating from “adequate” to “non-compliant”. The European Super League, announced on Sunday, sparked anger among fans, rival clubs, other leagues and even politicians, who accused club owners of putting the game at risk in pursuit of profit.

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