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@gregorypcordell Greg CordellAres Capital Corp has reported on its loans to English football holdings, specifically EFH ( likely Everton FC Holdings). The company has marked down its Series A notes and reported a net unrealized loss of $29m on its EFH position. Additionally, Ares Capital Corp holds part of a new loan to another football club, with an 18-month tenor.
Social topic influence finance, atlantic coast, op, bal
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Top posts by engagements in the last XX hours
"Eagle Football Group the immediate holdco for OL reported a pre-tax loss of 196m for 2024/25 (overall result a loss of 201m). Reported EBITDA of negative 48m and operating loss of 151m (w/ notably high net finance expense bridging to pre-tax result)"
X Link 2025-11-28T18:49Z 3584 followers, 96.5K engagements
"My sense is held on bal sheets of Haymarket and Atlantic Coast Life and categorized as Other Invested Assets since Dec '24 - part of sizeable growth in that category in wake of XXX implosion (agg for op insurers attached). Stad / WC loans categorized as LT Bonds pre-restructure"
X Link 2025-11-19T19:21Z 3586 followers, 2199 engagements