An important statement issued by the bank financing the European Super League
The US bank JP Morgan, which was supposed to finance the European Super League project in the amount of 3.5 billion euros (4.2 billion dollars), issued a statement to the clubs that announced the launch of the league in order to spend on the tournament's infrastructure and bypass the effects of the Covid-19 crisis, as "a legitimate miscalculation." The European Super League and how the football community will welcome the new tournament, "which means that he withdrew from the project as well.
"It is clear that we have made a mistake in assessing how the wider football community will view this deal and how it might affect them in the future," the bank said in a statement on Friday, reported by global websites, including Football Italia, adding: "We will learn from this." Experience".
And 12 big clubs in Europe announced a real revolution in the world of football, last Sunday, by launching a new competition called the "European Super League" for football to be parallel to the European Champions League, namely: Manchester City, Chelsea, Liverpool, Manchester United, Arsenal , Tottenham, Real Madrid, Barcelona, Atletico Madrid, Milan, Inter Milan and Juventus.
But the English clubs withdrew from the project on Tuesday, less than 48 hours after announcing the establishment of the project, surrendering to the campaigns led by European newspapers and the categorical rejection of the fans, the British government, the English Premier League and the League of Fans.
Milan and its Italian neighbors Inter, and Atletico Madrid, Spain, joined the list of withdrawals, while Juventus announced in an official statement that the conditions are currently unsuitable for the new tournament, and only Barcelona and Real Madrid remain among the 12 founders of the tournament.
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