
High-cost loans firm Evlo eyes £200m sale in sign of subprime comeback
By Marcus Chen
City AM
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The continued ascendancy of Manchester City and Arsenal football clubs at the summit of English football has dented earnings at the owner of gambling giant William Hill. Evoke reported that third quarter revenue was between one and two percentage points lower than it might have been because of a string of what it called particularly customer-friendly sports results at the start of the Premier League football season. Manchester City and Arsenal, which for years have dominated England s most prestigious league, have both put in near perfect starts to this season, only dropping three points between them. Favourites performing well is a headwind for bookmakers, as the majority of punters tend to bet on what they see as the most likely result. The unfavourable results compounded a seven per cent drop in revenue in the three months to October, which the William Hill owner attributed to the government s raid on gambling firms at the 2025 Budget. The group has shuttered more 270