Everton

6 May 2024 - 4:30 AM

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Monday briefing: Everton takeover: 777 holds talks over financing with private equity firm

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Everton's prospective new owner 777 Partners has held discussions with an American private equity firm specialising in distressed debt as the Miami-based group aims to complete the protracted takeover.

As reported by Bloomberg, GDA Luma Capital is in discussions to offer debt financing to 777. It is understood the New York-based firm is offering funds for 777 to continue funding Everton’s new stadium and meet ongoing capital requirements.

GDA Luma is led by Gabriel de Alba, a vete

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