Everton Offered Lifeline Loan as Ownership Crisis Rumbles On
The under construction new stadium for Everton football club at Bramley Moore Dock, in Liverpool.
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Struggling Premier League football club Everton has been offered a loan of as much as £150 million ($188 million) by GDA Luma Capital, a private equity firm specializing in distressed debt, according to people with knowledge of the situation.
The offer would help complete construction of the team’s new 53,000-capacity stadium in Liverpool’s Bramley docks and is subject to due diligence, one of the people said, asking not to be identified because the information is private.