Eagle Football Seeks to Borrow $300 Million to Help Repay Ares

Oct. 29, 2024, 6:24 PM UTC

Eagle Football Holdings Ltd., one of the most active investors in football clubs globally, is seeking to borrow about $300 million to help repay part of a loan from Ares Management Corp. as part of a broader recapitalization plan, people with knowledge of the matter said.

The company is working with Toronto-Dominion Bank’s TD Cowen unit to gauge appetite from lenders including private credit firms, the people said, asking not to be identified because the information is private. At least some of the proceeds will be used to repay part of a roughly $500 million debt package that ...

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