Sports
JP Morgan have confirmed they are financing the ‘European Super League’
American investment bank JP Morgan have confirmed they are financing the ‘European Super League,’ according to BBC.
The figures involved are simply humongous. Although they are yet to be confirmed by JP Morgan..
It is believed that the bank will supply up to $6 billion in debt financing for the Super League.
Each of the 12 founding members will receive between €100m and €350m just for agreeing to take part. That means Liverpool could bag a massive payday for their involvement.
Liverpool owner John Henry was named yesterday as one of the Vice-Chairmen of the Super League board.
It is projected that clubs could earn as much as €200m per year for participating in the Super League as opposed to the €60-70m they make yearly from the Champions League.
However, the Reds also stand a risk of getting banned as both UEFA, the Premier League and FIFA have condemned the Super League idea.
”Competition has started again” – Reactions trail Regina Daniels and co-wife, Laila’s posts about their husband, Ned Nwoko
“Only self!sh men are intimidated by women’s success, you should be happy that your woman is successful” – Actress Diva Gold to men
“She forms hard to get, but I slept with her the first day I came to her office” – IVD makes bombshell revelation on his relationship with Blessing CEO (Video)
“There’s hunger, however there’s huge” hope – Tinubu Lament
“Simon Ekpa is not our member” – IPOB stated
Diddy claims prosecutors showed judge edited Cassie video to make him look dangerous
“God is still in the business of doing wonders, please keep trusting God” – Emotional moment gospel singer Yinka Alaseyori serenades actress Dayo Amusa who gave birth to her first child at 41 years (Video)
“They don’t look so happy” – Reactions trail video of Chioma and Hailey at Davido’s concert
-
News2 days ago“There’s hunger, however there’s huge” hope – Tinubu Lament
-
News2 days ago“This is m@dness” – Young man disrupts the peace inside banking hall as he plays song using his JBL speaker, clip trends online (Watch)
-
Biafra2 days agoFG confirms arrest of Simon Ekpa by Finnish authorities
-
Lifestyle2 days agoNigerian man who passed away 10 years ago confesses he’s currently in Lagos, reveals big secret