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Eagle Football Is Said To Target $200 Million In Pre-IPO Round

Published by: dailynews
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Eagle Football Holdings LLC, the owner of football clubs from Britain to Brazil, is considering raising $200 million in equity ahead of a potential listing in New York, people with knowledge of the matter said.

The multiclub owner is in talks with potential advisers about the private funding round, the people said, asking not to be identified discussing confidential information. Eagle Football is also discussing the possibility of later raising an additional $300 million via the sale of shares on the New York Stock Exchange, they said.

Deliberations are ongoing and no final decisions on the timing of either transaction have been taken, the people said.

Read the full story on Bloomberg here.