<p>JPMorgan said on Friday it regretted supporting soccer clubs in launching a breakaway European Super League after the plan collapsed earlier this week amid intense criticism from fans and politicians.</p>.<p>"We clearly misjudged how this deal would be viewed by the wider football community and how it might impact them in the future," a representative for the bank said.</p>.<p>"We will learn from this."</p>.<p><strong>Also read: <a href="https://www.deccanherald.com/sports/football/super-league-fiasco-leaves-dirty-dozen-facing-punishment-977195.html" target="_blank">Super League fiasco leaves 'dirty dozen' facing punishment</a></strong></p>.<p>JPMorgan provided a 3.5 billion euro ($4.2 billion) grant to the founding clubs to spend on infrastructure and recovery from the impact of the COVID-19 pandemic.</p>.<p>The plan collapsed on April 21 - less than 48 hours from being announced - with eight of the 12 founding members from England, Italy and Spain walking away.</p>
<p>JPMorgan said on Friday it regretted supporting soccer clubs in launching a breakaway European Super League after the plan collapsed earlier this week amid intense criticism from fans and politicians.</p>.<p>"We clearly misjudged how this deal would be viewed by the wider football community and how it might impact them in the future," a representative for the bank said.</p>.<p>"We will learn from this."</p>.<p><strong>Also read: <a href="https://www.deccanherald.com/sports/football/super-league-fiasco-leaves-dirty-dozen-facing-punishment-977195.html" target="_blank">Super League fiasco leaves 'dirty dozen' facing punishment</a></strong></p>.<p>JPMorgan provided a 3.5 billion euro ($4.2 billion) grant to the founding clubs to spend on infrastructure and recovery from the impact of the COVID-19 pandemic.</p>.<p>The plan collapsed on April 21 - less than 48 hours from being announced - with eight of the 12 founding members from England, Italy and Spain walking away.</p>