Everton's administration fears with 777 takeover placed in doubt [Yahoo! Finance]
Blue Owl Capital Inc. Class A (OWL)
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Source: Yahoo! Finance
With what Telegraph Sport has been told is a cut-off of midnight on Monday US time (Tuesday, 5am BST) looming, a deal had still not been struck over money owed by the club to MSP Capital and businessmen Andy Bell – founder of the investment platform AJ Bell – and George Downing. It emerged last week that US investment firm 777 was seeking an extension to that deadline , talks over which sources subsequently admitted were likely to “go down to the wire”. Those talks were said to be being led by current Everton owner Farhad Moshiri, who was on Monday facing losing control of the club – and the current sale process – unless an agreement was reached, with the loan said to be secured against 51 per cent of his stake. There have been reports those owed money were also eyeing a share of Everton's new £500 million stadium in lieu of repayment. All this put at risk the takeover by 777, which is also now owed more than £160 million in loans paid to prop up the club after it agreed to b
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- 2/9/24 - Beat
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- 4/26/24 - Form DEF
- 4/26/24 - Form DEFA14A
- 4/18/24 - Form 8-K
- OWL's page on the SEC website