The New York Times·1 min read·medium
JPMorgan Again Entangled in a Soccer Fiasco
✦AI Summary
JPMorgan Chase is once again facing scrutiny regarding its involvement in a controversial European soccer league project. The bank previously faced backlash in 2021 for its role in financing a proposed breakaway Super League.
In April 2021, JPMorgan Chase found itself in the midst of a storm. A plan for a breakaway Super League featuring the richest soccer clubs in the world, which would have unmoored the century-old structures of the sport in Europe, had folded in less t... [1455 chars]
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