Intertrust Group To Facilitate MetLife Investment Management £117.5m Loan Package For English Football League Date
26/04/2021
Intertrust Group N.V. (“Intertrust” or “Company”) [Euronext: INTER], a world leader in providing capital markets services to clients in over 30 jurisdictions, has been appointed by MetLife Investment Management to facilitate £117.5m loan package to the English Football League.
Intertrust Group will provide MetLife Investment Management with security and facility agent services to provide this funding commitment designed to strengthen the league’s support of its Championship Clubs, following a difficult 12 months which saw many clubs’ finances impacted by the COVID-19 pandemic preventative measures.
Following a competitive tender, Intertrust Group was appointed based on its strong track record in supporting finance transactions in the football sector and the firm’s capability to provide a full suite of services across its busi
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Pompey Crisis Could Lead to Player Sales Sunday, 22nd Jan 2012 19:02
Town’s chances of signing Portsmouth pair Jason Pearce (pictured) and Joel Ward appear to have increased after Pompey were issued with a winding up petition by Her Majesty s Revenue and Customs. The Hampshire club, whose proposed takeover collapsed at the end of last week, owe £1.6 million in unpaid PAYE.
Andrew Andronikou, administrator for Pompey’s parent company Convers Sports Initiatives, admits that he is becoming increasingly concerned at the lack of a new owner, Sicilian-American businessman Joseph Cala having pulled out of his approach on Friday.
Andronikou told
The Observer: The club effectively ran out of cash at the end of December. The situation is extremely serious, we re under extreme pressure to find a buyer. Time is against us. The issuing of the petition effectively means the club loses its ability to use its bank accounts.
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