Europe’s abortive football super league didn’t collapse from want of loan capital this April. It collapsed, instead, because of a catastrophic lack of cultural fit with the ethos of the sport. There’s no lack of capital chasing private credit funds and opportunities at the moment, but for Tim Flynn, founder and CEO of the London-based European private credit manager Hayfin, culture is what distinguishes both good niche credit asset managers and good football teams. What goes on behind the scenes directly affects performance track records. “Team culture makes a real difference in how those humans interact on the pitch and what they do and the effort they put in. A lot of it is dictated by culture and it’s the same in financial services.”