Super League financier the big story no one has mentioned.

[Port Bhoy]

The super league financier is the American bank JP Morgan.Since 2008 here is a brief history of the the fines that they have settled since then.
Misleading CDO Investments fined $153.6million settled 6/21/2011
Anticompetitive Conduct in Municipial Bonds fined $228 million Settled 7/72011
Foreclosure Abuses and Robo Signing fined $5.29 billion settled 2/9/2012
More Mortgage Misreresentation fined $269.9 million settled 11/16/2012
Improper Foreclosure Pt,2 fined $1.8 billion settled 01/2013
Electricity Trading Scandal fined $410 million settled 7/30/2013
Illegal Credit Card Practices fined$389 million settled 9/19/2013
The London Whale fined$920 million settled 9/19/2013
The Fannie and Freddie Fines fined $5.1 billion
Institutional Mortgage Securities fined $4.5 billion settled 11/15/2013
The Big One:Misleading "Toxic Mortgages fined $13 billion settled 11/19/2013
Libor Rigging Scandal fined $108 million
Madoff Retribution fined $1.7 billion settled 1/6 2014
Currency Manipulation fined $1.34 billion settled 11/21/2014
The bottom line is all in all they were fined$35,241,500,000 in a three and a half period and they still have a fair amount of ongoing litigation.What i would like to know who does the due diligence when its obvious there has been none. I certainly would not put my money anywhere near them.

 

[Lmcbhoy]

You would think that if they were that clever they would have demanded a little bit more certainty in the deal, rather than see it crash and burn inside 48 hours Of its announcement
don’t think the story is over to be honest.
HH

 

[McGarrell]

Who gives a fuck the huns are out the cup

 

[Winter]

Whilst all that was happening the cl was restructured and quite a few changes introduced for the 24 season , only time will tell if it's better but I get the feeling it's a creeper of the super league anyway

UEFA announces new format for club competitions to be introduced as of 2024/25 season | Inside UEFA

UEFA Champions League, Europa League and Europa Conference League reforms conclude two years of widespread consultations.

www.uefa.com

Must have the same PR co as the rangers

 

[Imatim]

The super league financier is the American bank JP Morgan.Since 2008 here is a brief history of the the fines that they have settled since then.
Misleading CDO Investments fined $153.6million settled 6/21/2011
Anticompetitive Conduct in Municipial Bonds fined $228 million Settled 7/72011
Foreclosure Abuses and Robo Signing fined $5.29 billion settled 2/9/2012
More Mortgage Misreresentation fined $269.9 million settled 11/16/2012
Improper Foreclosure Pt,2 fined $1.8 billion settled 01/2013
Electricity Trading Scandal fined $410 million settled 7/30/2013
Illegal Credit Card Practices fined$389 million settled 9/19/2013
The London Whale fined$920 million settled 9/19/2013
The Fannie and Freddie Fines fined $5.1 billion
Institutional Mortgage Securities fined $4.5 billion settled 11/15/2013
The Big One:Misleading "Toxic Mortgages fined $13 billion settled 11/19/2013
Libor Rigging Scandal fined $108 million
Madoff Retribution fined $1.7 billion settled 1/6 2014
Currency Manipulation fined $1.34 billion settled 11/21/2014
The bottom line is all in all they were fined$35,241,500,000 in a three and a half period and they still have a fair amount of ongoing litigation.What i would like to know who does the due diligence when its obvious there has been none. I certainly would not put my money anywhere near them.

..........................

Is JP Morgan in the dry cleaning business too?

 

[Cairnsybhoy79]

The super league financier is the American bank JP Morgan.Since 2008 here is a brief history of the the fines that they have settled since then.
Misleading CDO Investments fined $153.6million settled 6/21/2011
Anticompetitive Conduct in Municipial Bonds fined $228 million Settled 7/72011
Foreclosure Abuses and Robo Signing fined $5.29 billion settled 2/9/2012
More Mortgage Misreresentation fined $269.9 million settled 11/16/2012
Improper Foreclosure Pt,2 fined $1.8 billion settled 01/2013
Electricity Trading Scandal fined $410 million settled 7/30/2013
Illegal Credit Card Practices fined$389 million settled 9/19/2013
The London Whale fined$920 million settled 9/19/2013
The Fannie and Freddie Fines fined $5.1 billion
Institutional Mortgage Securities fined $4.5 billion settled 11/15/2013
The Big One:Misleading "Toxic Mortgages fined $13 billion settled 11/19/2013
Libor Rigging Scandal fined $108 million
Madoff Retribution fined $1.7 billion settled 1/6 2014
Currency Manipulation fined $1.34 billion settled 11/21/2014
The bottom line is all in all they were fined$35,241,500,000 in a three and a half period and they still have a fair amount of ongoing litigation.What i would like to know who does the due diligence when its obvious there has been none. I certainly would not put my money anywhere near them.

Due diligence??? Never been known

 

[Glasbhoy81]

Who gives a fuck the huns are out the cup

Fucking St.johnstone doing what we couldn't

 

[kelly]

big bank funds big greedy league don't see any problem with that. there all in the shit and never out of the courts , jp morgan just happen to be richer and bigger knts than the others

 

[Brimcbhoy]

The super league financier is the American bank JP Morgan.Since 2008 here is a brief history of the the fines that they have settled since then.
Misleading CDO Investments fined $153.6million settled 6/21/2011
Anticompetitive Conduct in Municipial Bonds fined $228 million Settled 7/72011
Foreclosure Abuses and Robo Signing fined $5.29 billion settled 2/9/2012
More Mortgage Misreresentation fined $269.9 million settled 11/16/2012
Improper Foreclosure Pt,2 fined $1.8 billion settled 01/2013
Electricity Trading Scandal fined $410 million settled 7/30/2013
Illegal Credit Card Practices fined$389 million settled 9/19/2013
The London Whale fined$920 million settled 9/19/2013
The Fannie and Freddie Fines fined $5.1 billion
Institutional Mortgage Securities fined $4.5 billion settled 11/15/2013
The Big One:Misleading "Toxic Mortgages fined $13 billion settled 11/19/2013
Libor Rigging Scandal fined $108 million
Madoff Retribution fined $1.7 billion settled 1/6 2014
Currency Manipulation fined $1.34 billion settled 11/21/2014
The bottom line is all in all they were fined$35,241,500,000 in a three and a half period and they still have a fair amount of ongoing litigation.What i would like to know who does the due diligence when its obvious there has been none. I certainly would not put my money anywhere near them.

This is an interesting one. If they can settle that amount of fines how much got under the radar that they got away with.
I agree this breakaway hasnt gone away. The thing is the non EPL clubs Barca, Bayern, etc are confined by European law. The EPL is now out of that because of brexit. The trouble with the EPL is there are far too many small clubs clogging it up, the Burnleys, Brightons, Sheffield's. From a worldwide audience point of view. I can see a time in the not too distant future when clubs from outside the EPL will be invited to join.
They would probably have to breakaway from Uefa too, but it would be a massive league in terms of worldwide tv audiences and the tv deals they could negotiate would far outstrip any money lost not playing in the 'Champions' League or 'Europa'.

 

[Brimcbhoy]

Look at how much Barcelona owes.

 

[Winter]

Look at how much Barcelona owes.

Real Madrid like Barcelona are also in massive debt. These are the 2 clubs who really want the ESL more than others. Really this is the big European clubs including the italians looking at the EPL with envious greedy eyes and wanting some of that cash that the likes of Burnley and Southampton etc are ' winning' through not being relegated. Even those clubs relegated to the championship have been 'awarded' with a parachute fund that would make any champions league winner's eyes water. The idea of a sporting meritocracy in the english top division is a joke and has been since the introduction of the EPL

 

[50 Shades of Green]

If JP Morgan are behind this you can bet your last dime that its not their money they are using.

 

[green sprig]

Who gives a fuck the huns are out the cup

And with a debt of around £40m hanging over their heads 4 times in the last month they have been involved with scrip shares,that tells everybody they are in serious financial trouble..

HH

 

[kelly]

If JP Morgan are behind this you can bet your last dime that its not their money they are using.

Think them Deutsche and Hsbc are the only lending institutions big enough to handle a set up like a super league alot of foreign money flow through there accounts it'll be a closed shop right enough

 

[Imatim]

And with a debt of around £40m hanging over their heads 4 times in the last month they have been involved with scrip shares,that tells everybody they are in serious financial trouble..

HH

.......................

And Big Mike is going to give it to them up the Rangers end in the not too distant future...

 

[Richybhoy]

We have not heard the last of the Super League. The Madrid guy Perez has said that JP Morgan has paid £3.5b to these clubs. He claims they signed legally binding contracts.
Saying you are pulling out the super league is not the same as actually pulling out the super league.
£3.5b!! I have a feeling they are regrouping. They will not give up that amount of money without a fight. They are business men not football fans.

 

[Bellshill bhoy]

.......................

And Big Mike is going to give it to them up the Rangers end in the not too distant future...

Big mike’s a smart operator, he’s waiting for season ticket renewal’s and champions league money before he drops the big one on them, no point chasing money they haven’t got, they’ll just go into administration again, he doesn’t want to see them dead, the gullabilly’s are a cash cow for him, he wants to milk them in perpetuity

 

[Imatim]

We have not heard the last of the Super League. The Madrid guy Perez has said that JP Morgan has paid £3.5b to these clubs. He claims they signed legally binding contracts.
Saying you are pulling out the super league is not the same as actually pulling out the super league.
£3.5b!! I have a feeling they are regrouping. They will not give up that amount of money without a fight. They are business men not football fans.

......................

Big clubs Sabre rattling? Will UEFA cave in and meet their demands? How many clubs are facing insolvency if they don’t get a serious injection of cash in the near future?

It really is all about the money, isn’t it?...

 

[kelly]

......................

Big clubs Sabre rattling? Will UEFA cave in and meet their demands? How many clubs are facing insolvency if they don’t get a serious injection of cash in the near future?

It really is all about the money, isn’t it?...

your on a roll the day

 

[Tony]

your on a roll the day

So are you fannybaws