JPMorgan and Serie A declined to comment.Serie A has been looking at options to extract more money from its media rights, which account for roughly half the revenues of its clubs. Pusoy
JPMorgan Chase & Co has written to Italy’s top football league to express a preliminary interest in supporting the development of Serie A’s media business, three people close to the matter said.Interest from the US bank rivals that of several investment funds which have approached Serie A as the league prepares to hold a tender to sell its domestic and international broadcasting licences for the seasons after 2024.The sources said the 20 clubs that comprise Serie A were informed of the interest by the US bank at a closed-door meeting of their top executives on Thursday.JPMorgan is expected to be able to provide between €700m and €1bn in bank financing, one of the people said, speaking on condition of anonymity because discussions are not public.The person said the rights would be the collateral backing JPMorgan’s financing Sbobet
JPMorgan Chase & Co has written to Italy’s top football league to express a preliminary interest in supporting the development of Serie A’s media business, three people close to the matter said.Interest from the US bank rivals that of several investment funds which have approached Serie A as the league prepares to hold a tender to sell its domestic and international broadcasting licences for the seasons after 2024.The sources said the 20 clubs that comprise Serie A were informed of the interest by the US bank at a closed-door meeting of their top executives on Thursday.JPMorgan is expected to be able to provide between €700m and €1bn in bank financing, one of the people said, speaking on condition of anonymity because discussions are not public.The person said the rights would be the collateral backing JPMorgan’s financing Worldcup
JPMorgan and Serie A declined to comment.Serie A has been looking at options to extract more money from its media rights, which account for roughly half the revenues of its clubs. LoL