JP Morgan to finance breakaway Super League

A spokesman for JP Morgan said in an email that its involvement with the new league which has been set up as a rival to UEFA's Champions League and includes clubs such as Real Madrid and Manchester United.

Published on: Apr 19, 2021, 13:25:57 IST

Reuters | MANCHESTER

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JP Morgan on Monday said that it was financing the new breakaway Super League, announced by 12 of Europe's biggest soccer clubs on Sunday.

Soccer Football - La Liga Santander - FC Barcelona v Osasuna - Camp Nou, Barcelona, Spain - July 16, 2020 General view inside the stadium before the match, as play resumes behind closed doors following the outbreak of the coronavirus disease (COVID-19) REUTERS/Albert Gea (REUTERS)

A spokesman for JP Morgan said in an email that its involvement with the new league which has been set up as a rival to UEFA's Champions League and includes clubs such as Real Madrid and Manchester United.

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This story has been published from a wire agency feed without modifications to the text.