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An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

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rdf:type	schema:NewsArticle
schema:articleBody	US investment bank JPMorgan on Monday confirmed it is financing the breakaway Super League featuring 12 of Europe's top football clubs, which threatens to shake-up the world's biggest sport. "I can confirm that we are financing the deal, but have no further comment at the moment," a bank spokesman said in a statement to AFP. Each of the clubs from England, Italy and Spain will receive a one-off payment of 3.5 billion euros ($4.2 billion). Six Premier League teams -- Liverpool, Manchester United, Arsenal, Chelsea, Manchester City and Tottenham -- are involved, alongside Real Madrid, Barcelona, Atletico Madrid, Juventus, Inter Milan and AC Milan. The clubs were immediately accused of greed and cynicism and threatened with international exile. Organisers said in a statement that three more founding members would be announced, with a further five places up for grabs through a qualifying system each year and the inaugural edition to start as "soon as practicable". The Super League announcement appeared to be timed to pre-empt UEFA's own scheduled unveiling of reforms to the Champions League on Monday, with an expansion to 36 teams from 32 and two 'wildcard' slots expected to be among the plans. There would be a minimum of 10 games for each team. UEFA and the three countries' football associations and domestic leagues described the breakaway as "cynical". The European Commission vice-president for promoting the European way of life said "a values-driven European model of sport based on diversity and inclusion" must be defended. EU commissioner Margaritis Schinas added on Twitter: "There is no scope for reserving it for the few rich and powerful clubs who want to sever links with everything associations stand for: national leagues, promotion and relegation and support to grassroots amateur football. "Universality, inclusion and diversity are key elements of European sport and of our European way of life." Schinas did not, however, announce any action to prevent the breakaway nor state that it would break any EU law. bcp/rfj/tgb
schema:headline	US bank JPMorgan says financing football Super League
schema:mentions	Manchester City F.C. U.S. Bancorp Arsenal F.C. Tottenham Hotspur F.C. UEFA Champions League Italy national football team Premier League Juventus F.C. European Commission Manchester United F.C. European Union law Inter Milan Liverpool F.C. Real Madrid CF Chelsea F.C. Agence France-Presse FC Barcelona England national football team Association football European Union Twitter Margaritis Schinas Super League Greece Investment banking UEFA A.C. Milan Spain national football team
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2021-04-19 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	neutral sentiment
http://data.cimple...readability_score	82 (xsd:integer)
http://data.cimple...tology#hasEmotion	happiness

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