Deals
JPMorgan’s Pinto Breaks Silence on Super League, Talks SPACs
- Investment bank arranged loans to fund doomed soccer breakaway
- Pinto sees strong performance in 2021 as economies bounce back
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Daniel Pinto had one of the best seats in the house for the short-lived Super League. At the start of the week, JPMorgan Chase & Co.’s co-president saw his firm bankrolling the breakaway soccer project, which soon inflamed the passions of fans worldwide.
“We were expecting this to be emotional,” Pinto said in a Bloomberg “Front Row” interview on April 20. “We arranged a loan for a client. It’s not our place to decide the optimal way for football to operate in Europe and the U.K.”