JPMorgan Sounds Out Investors for Everton FC Stadium Debt (1)

JPMorgan Chase & Co. is speaking to institutional investors about raising more than £300 million ($376 million) of debt to support a stadium refinancing for Everton FC, the Premier League football team recently acquired by the Friedkin Group, according to people familiar with the situation.

Separately, the bank is also providing a loan of £130 million to the Friedkin Group for the club that it acquired from British-Iranian businessman Farhad Moshiri at the end of last year, the people said, asking not to be identified because the information is private. Considerations are at an early stage and ...