Matt Levine’s Money Stuff: Soccer Fans Are Stakeholders Too

Programming note: Money Stuff will be off tomorrow, back on Monday.

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I wrote the other day about how JPMorgan Chase & Co. got in some hot water for agreeing to finance the European Super League, the now apparently dead proposal to start a lucrative new league for the biggest European soccer clubs. As the financier of this plan, JPMorgan came in for a lot of abuse on Twitter from European soccer fans. “Account is now closed and this £32.25 is going elsewhere,” tweeted one former Chase customer.

I thought this was funny, and I drew what I thought ...