• Loading stock data...
Saturday, September 13, 2025
Tuned In is Almost Sold Out! Limited Tickets Remain!

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

Barcelona, AC Milan Abroad? Fan Groups Reject Travel Plans

Supporter groups warn of a “Pandora’s box” if overseas games happen.

LAFC’s Record Son Deal Brings Global Buzz and Local Pride

Los Angeles has the largest Korean community in the country.
exclusive

MLS Commissioner On Apple TV Deal: Critics ‘Don’t Get It Yet’

“We’re just early,” Garber told FOS when pressed about the deal.
Leo Messi
exclusive

MLS Commissioner Don Garber Defends Messi Suspension

Messi was punished for skipping the MLS All-Star Game.

Featured Today

PHILADELPHIA, PENNSYLVANIA - APRIL 19: A detailed view of the MLB Debut patch on the jersey of Patrick Monteverde #44 of the Miami Marlins prior to game against the Philadelphia Phillies at Citizens Bank Park on April 19, 2025 in Philadelphia, Pennsylvania.

The Tiny Jersey Patch at the Center of the MLB Rookie Card..

Autographed cards containing a piece of baseball history have upended the market.
September 11, 2025

Eagles-Chiefs Super Bowl Rematch Could Set More NFL Ratings Records

Fox will nationally televise Sunday afternoon’s matchup.
September 10, 2025

ESPN’s ‘MNF’ Ratings Up 8% As NFL Surges to Strong Start

ESPN posts its second-best Week 1 “Monday Night Football” audience.
Sep 7, 2025; Orchard Park, New York, USA; Buffalo Bills fans react during the fourth quarter against the Baltimore Ravens at Highmark Stadium.
September 9, 2025

As Bills Ascend, Their Next Frontier Lies in Canada

Buffalo and the powerful Canadian entity MLSE come together in a new pact.
Jonathan Mariner

Former MLB CFO Jumps to PE, Says Teams Are Undervalued

Mariner worked in Major League Baseball for 24 years.
March 20, 2025

Nike Struggles Continue, but Signs of Turnaround Appear

The embattled company beats tepid expectations in both revenue and earnings.
James Harden
April 24, 2025

Adidas Posts Big Profits in First Quarter Without Yeezy

Profits and sales are up after selling off remaining Yeezys last year.
Sponsored

How World Series Champ Dexter Fowler Became a Premier League Team Owner

Dexter Fowler discusses navigating retirement and embracing new roles as an owner & investor.
Oracle Park
March 18, 2025

S.F. Giants Selling Stake to Private Equity to Pay for Facility Upgrades

The team said the cash would not be used to grow payroll.
Aug 11, 2024; Paris, France; Medals are carried out on Louis Vuitton trays after the women's volleyball gold medal match during the Paris 2024 Olympic Summer Games at South Paris Arena
February 16, 2025

LVMH’s New Push: World’s Most Powerful Luxury Group Is Coming for Sports

LVMH is making long-term deals—and they’re not done.
February 14, 2025

DraftKings Turns First Full-Year Profit, Stock Up 47% in 2025

The company’s sports betting business continues to grow despite headwinds.
Billie Jean King
February 13, 2025

Billie Jean King: ‘Billionaires, Not Millionaires’ Are Fueling Women’s Sports Boom

Billie Jean King wants more women involved in team ownership, too.