European Super League clubs promised €200m-€300m ‘welcome bonus’
by Rupert Neate Wealth correspondent from on (#5GS93)
JP Morgan commits 3.25bn to getting breakaway competition off the ground
The 12 football clubs that have signed up to a European Super League breakaway competition have each been promised a 200m-300m welcome bonus" by JP Morgan Chase, the US investment bank financing the controversial project.
The Wall Street giant said on Monday it has committed 3.25bn to getting the new league off the ground and it would be shared among the clubs when the new competition begins.
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