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The Daily Mail MSD UK Holdings report is one of many advertising lenders with which EFL bosses have had talks with clubs that suffered in the wake of the Covid-19 pandemic and the suspension of previous football this year.
The new season is scheduled to begin on September 12, but there is still no date for enthusiasts to return to stadiums, with several clubs involved that may affect their revenue from door revenue. hospitality.
MSD UK Holdings invested in Derby County and Southampton.
MSD UK Holdings is a newly created investment organization to manage the wealth of billionaire tech tycoon Michael Dell, who spoke last year as a possible “minority passive investor” in a deal to buy Sunderland.
Robert Platek, director of MSD UK Holdings and Dell’s spouse, very concerned about the buying and investment negotiations with Sunderland AFC last year, which resulted in a nine million pound loan to Stewart Donald’s holding company, Madrox Partners, through an organization called FPP Sunderland.
Platek, along with long-time business partners John Phelan and Glenn Fuhrman, were named as directors of FPP.
All 3 have ties to Dell who has worked for MSD Capital, which manages the wealth of the Dell family in the United States.
The Daily Mail report: “The EFL is reportedly looking for a 250 million pound Premier League aid program payable over the next 4 years. But no agreement was reached, so they were forced to look for other options. Discussions with potential lenders are expected to focus on a smaller tiered loan, which is reviewed monthly. »
The report states that several clubs, in addition to Wigan, Oldham, Charlton and Southend, are in serious financial trouble after the pandemic.