Funding Move From UEFA Against The Super League

UEFA made a financing package move against the US bank JPMorgan, which supports the 12-club Super League.

A funding move from UEFA against the Super League, which is supported by JPMorgan. It was stated that UEFA negotiated with Centricus Asset Management for a financing package of 6 billion Euros to stop the Super League from leading the European football to a crisis. Sources told Bloomberg that UEFA is holding talks with Centricus to finance a new looking Champions League tournament. While the sources stated that negotiations are ongoing and may not result in an agreement, Centricus' spokesperson did not comment on this issue, and the UEFA spokesman rejected the request for comment at the first stage. UEFA's move came after the announcement that the Super League, in which 6 British, 3 Italian and 3 Spanish clubs participated, was planned to be established as an alternative to the prestigious UEFA Champions League. European football has not experienced such a turbulent period since the 1950s. The world's 12 richest football clubs, including Manchester United and Real Madrid, made a joint statement and announced their plans to leave the UEFA league starting in August. While JPMorgan announced that it will invest 4 billion Euros in the Super League, local leagues and politicians reacted to this decision. UEFA announced that it may not allow players in the Super League to participate in European and World Cup matches.