JPMorgan Will Provide Funding For The European Super League

JPMorgan will provide funding for the European Super League. The bank will invest 4 billion Euros for the league. JPMorgan Chase&Co. will invest 4 billion Euros ($ 4.8 billion) in the new European Super League, which has made the biggest step of change in European football since the 1950s. According to sources close to Bloomberg, the US investment bank has agreed to invest 3.5 billion Euros in the league in the first stage. With additional payments and costs, the total amount of the investment will reach 4 billion Euros. According to a source, the investment, which will be financed by JPMorgan in the current situation, can then be opened to other investors. 12 big football clubs, including Manchester United and Real Madrid, announced that they agreed to establish a separate league from the UEFA Champions League. According to the sources, the clubs signed an agreement that would make them binding for the league for years to come. Sources said the binding agreement played an important role in JPMorgan's investment. According to a source, JPMorgan's funding for the league will have an interest rate of 2-3 percent and will cover a 23-year period. UEFA reported that 36 teams will participate in the Champions League as of the 2024-2025 season and the matches will be played according to the league procedure.