Deals

UEFA Weighs $7 Billion Centricus Deal to Stop Super League

Soccer body discusses financing to revamp flagship tournament
JPMorgan is providing 4 billion euros to bankroll Super League

UEFA, U.K. Push Back on Super League (Source: Bloomberg)

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By Dinesh Nair and Daniele Lepido

April 19, 2021 at 4:28 PM UTC

Updated on

April 19, 2021 at 7:42 PM UTC

This article is for subscribers only.

UEFA is in discussions with Centricus Asset Management over a 6 billion-euro ($7.2 billion) financing package to overhaul its flagship soccer tournament and stop plans for a new breakaway Super League, according to people familiar with the matter.

The Switzerland-based sporting body is working with Centricus on a plan to fund a new-look UEFA Champions League tournament, the people said, asking not to be identified discussing confidential information.