• Loading stock data...
Wednesday, January 7, 2026

Super League Fallout: JPMorgan Apologizes After $4B Pledge

  • JPMorgan apologized for its role as a financial backer of the ill-fated Super League.
  • FC Barcelona released a statement reaffirming its belief in the league concept.
FC Barcelona/Design: Alex Brooks

The backers of the short-lived Super League are learning that breakups can be messy, even for a 48-hour fling.

JPMorgan, which had fortified the project with around $4 billion in pledged loans, apologized for its involvement in a corporate statement, saying it “clearly misjudged how this deal would be viewed by the wider football community and how it might impact them in the future.”

Arsenal, Manchester United, and Liverpool also apologized for their involvement in the project.

FC Barcelona took a different approach with a statement on Thursday, defending the Super League while conceding that the public outcry against the idea warrants an “in-depth analysis” with “time and the necessary composure to avoid taking any rash action.” 

The club also called for “structural reforms to guarantee the financial sustainability and feasibility of world football.”

Notably, Barcelona did not disavow or even say it would withdraw from the Super League. Barcelona, Juventus, and Real Madrid are the three holdouts of the dozen teams that initially committed to the league.

Barcelona is reportedly prepping a three-year offer to its superstar Lionel Messi. Messi, who is believed to have his eye on Major League Soccer, is on a $672 million contract which expires June 30.

Spanish outlet Vozpopuli reported that teams would be fined around $362 million for leaving the Super League, but the league has refuted that claim. It’s possible that teams would simply be forced to return an entry bonus of the same amount.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

MLS Cup Surges to Record 4.6M Viewers As Nielsen Sorts Data Issues

Viewership spikes for the league’s championship event.
Messi

MLS Signals New Openness to Promotion and Relegation 

Commissioner Don Garber says “there’s no real point in saying never.”

Garber Signals MLS’s Next Chapter As Owners Begin Succession Process

MLS owners begin a formal planning process regarding several key positions.
Jul 13, 2025; East Rutherford, New Jersey, USA; U.S. President Donald Trump and FIFA president Gianni Infantino on stage during the final of the 2025 FIFA Club World Cup at MetLife Stadium.

FIFA’s Wild World Cup Draw: A-List Stars, Heads of State, and Trump

The lavish ceremony will feature plenty of celebrities and heads of state.

Featured Today

Hockey in Florida Was Once a Risk. Now It’s Thriving

The state of Florida has become a traditional—and highly lucrative—market.
Dec 30, 2025; Los Angeles, California, USA; Los Angeles Lakers guard Luka Doncic (77) reacts after scoring a basket against the Detroit Pistons during the second half at Crypto.com Arena
January 4, 2026

Why Pro Sports Team Valuations Will Keep Climbing in 2026

Asset scarcity and increasing media-rights deals underpin soaring valuations.
Imagn Images/Front Office Sports
January 2, 2026

FOS Crystal Ball: Predictions for the Business of Sports in 2026

Here’s what FOS journalists think could be on the horizon.
Heated Rivalry (L to R) - Connor Storrie as Ilya Rozanov and Hudson Williams as Shane Hollander in Episode 104 of Heated Rivalry. Cr. Sabrina Lantos © 2025
December 24, 2025

Hockey Needed Some Virality. Then Came ‘Heated Rivalry’

No one was prepared for the Canadian show’s smash success.

Mark Walter Offered a Stake in His WNBA Team. Billie Jean King..

“Getting involved with the Dodgers literally changed our lives,” Ilana Kloss says.
Jacksonville Jumbo Shrimp mascot Scampi waves to fans during Opening Day baseball against the Gwinnett Stripers on March 29, 2024.
December 17, 2025

Private Equity Dives Further Into Minor League Baseball

Seven MiLB teams have changed hands in the last week.
December 23, 2025

Ben Simmons Makes a Move: Buys 50% Stake in Sport Fishing Team

“I think I can really help this league grow,” Simmons told FOS.
Sponsored

ESPN Edge Innovation Conference 2025: Inside the Technology Shaping the Future of..

At ESPN Edge Innovation Conference 2025, ESPN showcased how AI, immersive tech, and a rebuilt direct-to-consumer platform are redefining the future of sports media.
December 14, 2025

How Pickleball Became One Massive Private-Equity Rollup

Pickleball roads lead back to billionaire Tom Dundon.
Dec 7, 2025; Chicago, Illinois, USA; Golden State Warriors forward Jimmy Butler III (10) chats with guard Will Richard (3) during the first half at United Center.
December 10, 2025

How a Single Deal Could Turn KKR Into a Sports Powerhouse

KKR and Arctos have been in talks since at least October.
Jul 26, 2024; Paris, FRANCE; Shaun White poses for a photo in front of the Eiffel Tower before the Opening Ceremony for the Paris 2024 Olympic Summer Games.
November 17, 2025

The VC Firm Whose Investors Include Jets, Pacers Ownership Groups

359 Capital is lifting the veil so consumers can see its investors.
Nov 5, 2025; Denver, Colorado, USA; Denver Nuggets center Nikola Jokic (15) during the first quarter against the Miami Heat at Ball Arena.
November 11, 2025

Excel Sports Valued at Nearly $1B in Sale to Goldman Sachs

The talent agency represents Caitlin Clark, Derek Jeter, and more.