After Financing $4 Billion Super League, JPMorgan Admits It ‘Misjudged’
LONDON — JPMorgan said on Friday it regretted supporting soccer clubs in launching a breakaway European Super League after the plan collapsed earlier this week due to a storm of protest from fans and politicians.
"We clearly misjudged how this deal would be viewed by the wider football community and how it might impact them in the future," a representative for the bank said. "We will learn from this."