Everton Gets Funding Offer From Firm Behind Previous Bidder

-- Advantage Capital Holdings LLC has made a proposal to invest in Everton FC, people familiar with the matter said, adding another unexpected twist to the takeover saga surrounding the English Premier League football club.A Struggling Business Park Deals a Blow to Singapore's Regional Hub Ambitions‘Everything Is Not Going to Be OK’ in Private Equity, Apollo’s Co-President Says

777 Partners agreed to acquire Everton last year but was unable to finalize a deal. That left the club and its owner, the businessman Farhad Moshiri, searching for a new buyer. Everton’s sizable debt includes a $200 million loan from 777 Partners. 777 Partners’ pursuit of Everton was dogged by financing problems and scrutiny of the investment firm’s management of its sprawling collection of businesses, some of which have run into difficulties with creditors. Australian budget airline Bonza, owned by 777 Partners, recently grounded all flights amid talks over the company’s future. 777 Partners had previously laid out ambitious plans to build a global airline portfolio.

Premier League Bloomberg Farhad Moshiri 777 Partners Crystal Palace FC

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