london us investment bank jpmorgan on monday confirmed it is financing the breakaway super league featuring 12 of europes top football clubs which threatens to shakeup the worlds biggest sporti can confirm that we are financing the deal but have no further comment at the moment a bank spokesman said in a statement to afpeach of the clubs from england italy and spain will receive a oneoff payment of 35 billion euros 42 billionsix premier league teams liverpool manchester united arsenal chelsea manchester city and tottenham are involved alongside real madrid barcelona atletico madrid juventus inter milan and ac milanthe clubs were immediately accused of greed and cynicism and threatened with international exileorganisers said in a statement that three more founding members would be announced with a further five places up for grabs through a qualifying system each year and the inaugural edition to start as soon as practicablethe super league announcement appeared to be timed to preempt uefas own scheduled unveiling of reforms to the champions league on monday with an expansion to 36 teams from 32 and two wildcard slots expected to be among the plans there would be a minimum of 10 games for each teamuefa and the three countries football associations and domestic leagues described the breakaway as cynicalthe european commission vicepresident for promoting the european way of life said a valuesdriven european model of sport based on diversity and inclusion must be defendedeu commissioner margaritis schinas added on twitterthere is no scope for reserving it for the few rich and powerful clubs who want to sever links with everything associations stand for national leagues promotion and relegation and support to grassroots amateur footballuniversality inclusion and diversity are key elements of european sport and of our european way of lifeschinas did not however announce any action to prevent the breakaway nor state that it would break any eu law