Aliya join John Textor's Everton bid

Aliya Capital Partners are backing John Textor's bid to buy out Farhad Moshiri of his 94.1% stake in Everton FC, Bloomberg News report. 

According to a pitch document reviewed by Bloomberg, the Miami-based investment management firm under their Founding Partner and CEO, Ross Kestin, offered its investors the chance over the summer to commit up to $25m to backing a deal for Everton.

Aliya , which committed to supporting Elon Musk’s takeover of Twitter two years ago and are said to be investors in SpaceX, stand to be handed a co-chairman position and one seat in Everton's boardroom should they succeed in the takeover.

Aliya have given their investors the option of holding Everton shares for the long term or converting them into stock in Eagle Football Holdings LLC, the investment vehicle owned by Textor, in the event that the Missouri-born billionaire follows through with his plan to eventually take the Club public.

“We are delighted to support John Textor in his investment in Everton Football Club,” Aliya said in a statement.

“Our involvement in Everton reflects our shared commitment to innovation and transformation in football. We eagerly anticipate Everton’s ascent under John’s visionary leadership.”

In their article, David Hellier, Silas Brown and Jill Shah clarify that Textor is not bidding for Everton through his Eagle Football Group, which already owns Olympique Lyonnais, Botafogo, RWD Molenbeek and, of course, holds a 45% stake in Crystal Palace.

“There is no way to get the lender of Eagle to blend with the multiple lenders of Everton,” Textor said, referencing the Club's debts to Rights & Media Funding, The Friedkin Group and 777 Partners/A-CAP.

Quotes sourced from Bloomberg

---

---

Reader Comments (2)

Note: the following content is not moderated or vetted by the site owners at the time of submission. Comments are the responsibility of the poster. Disclaimer ()

---

How to get rid of these ads and support TW