Everything seemed to be prepared in advance. Following the announcement of the creation of the UEFA Champions League breakaway European Super League, US bank JP Morgan has officially announced that it is on the move to finance the operation. Its investment will be between 4 and 6 million euros.
JP Morgan, which is banking on an explosion in marketing revenues, ticketing and TV rights, among others, for the return on investment will have to pay 350 million euros that it had promised to each of the 12 dissident European clubs at the base of the creation of the Super League. In its materialization phase, the new project should, according to projections, generate three more revenues than the traditional Champions League (C1). That is more than six billion euros per year, divided between the 20 participating clubs, against the current 2 billion euros of C1 for 32 teams.
It should also be noted that nothing is yet final because the European football body, the UEF, supported by FIFA, has promised that it will do everything possible to prevent the materialization of such a dissent project that ‘it should be noted, could profoundly disrupt world football both in its organization and in its managerial philosophy. It’s a titanic fight that promises to be …
