• Loading stock data...
Tuesday, December 16, 2025

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

How Pickleball Became One Massive Private-Equity Rollup

Pickleball roads lead back to billionaire Tom Dundon.
Dec 9, 2025; Toronto, Ontario, CAN; New York Knicks guard Jalen Brunson (11) dribbles against Toronto Raptors guard Jamal Shead (23) during the first half at the 2025-26 NBA Emirates Cup at Scotiabank Arena
December 13, 2025

The Lucrative NBA Cup Is Here to Stay

The in-season tournament, launched in 2023, is turning into a staple.
The Los Angeles Chargers host executives from UCLA Health on Wednesday, August 7, 2024 at The Bolt in El Segundo, CA.
December 7, 2025

The Multibillion-Dollar Business of Pro Athlete Recovery

What started as ice baths has evolved into a multibillion-dollar industry.
Big League Wiffle Ball
November 29, 2025

Celebrity-Backed Wiffle Ball Has Big-League Aspirations

Big League Wiffle Ball team owners include Kevin Costner and David Adelman.
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.

How a Single Deal Could Turn KKR Into a Sports Powerhouse

KKR and Arctos have been in talks since at least October.
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.
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.
Sponsored

20 Years of Coastal Cool: How Johnnie-O Became a Force in Golf,..

A style movement powering one of the fastest-growing brands in sports and lifestyle.
May 20, 2023; Los Angeles, California, USA; Los Angeles Dodgers and LA Sparks co-owner Todd Boehly watches during game three of the Western Conference Finals for the 2023 NBA playoffs between the Los Angeles Lakers and the Denver Nuggets at Crypto.com Arena.
exclusive
October 27, 2025

Mark Walter’s Lakers Buy Includes Dodgers Co-Owner Todd Boehly

Jeanie Buss will retain a roughly 15% stake and remain team governor.
Jonathan Mariner
July 9, 2025

Former MLB CFO Jumps to PE, Says Teams Are Undervalued

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

Nike Struggles Continue, but Signs of Turnaround Appear

The embattled company beats tepid expectations in both revenue and earnings.