JP Morgan

NEW YORK: JP Morgan, the still-born European Super League's principal financial backer, has said it "misjudged" how fans would react to the breakaway competition.

The American investment bank said it had committed €3.25 billion ($3.92bn) as start-up capital for the league, which posed a direct challenge to UEFA's Champions League and also threatened to devalue Europe's top domestic leagues.

For the record, the $5.5 billion (€4 billion) financing, while backed by bank JP Morgan, was delivered by Spanish advisory firm Key Capital Partners.

Apr 21, 2021 14:04
MUMBAI: Talk about short-lived delusions of grandeur. Within 48 hours of its public unveiling, the grand plans for a breakaway European Super League (ESL) hatched, created and designed by the grubby men who run 12 of the richest clubs of Europe, and bankrolled to the tune of $5.5 billion (€4 billion) by JP Morgan, lay in tatters. 
Oct 11, 2018 13:10
SHANGHAI: Global investment banking and financial services company, JP Morgan has scored the diamond sponsorship rights for the ongoing Rolex Shanghai Masters, the only ATP Masters 1000 tennis tournament held in Asia.