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JP Morgan tries to distance itself from failed breakaway European Super League Updated: 2021-04-24 09:28:55 KST

JP Morgan, the main investor behind the now-failed football project, admits it now regrets ever getting involved with the proposed breakaway European Super League.
The league crumbled earlier this week in the face of relentless public opposition.
Breaking his silence on Bloomberg's 'Front Row', JPMorgan Chase co-president Daniel Pinto said the investment bank arranged a loan for a client, but admitted it isn't their place to decide the optimal way for football to operate in Europe and the U.K.
Had the Super League panned out, JPMorgan was expected to earn millions of dollars in fees and interest payments.
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