The Friedkin Group reaches agreement to buy Everton

[brieverton]

UK
Leadenhall Capital Partners may take adversarial measures to protect their position amid their concerns over the £200m loan made to Everton, according to Ben Jacobs.

The Give Me Sport journalist reported on 2 October that Leadenhall have written to a New York judge raising concerns A-Cap’s agreement with The Friedkin Group

I saw Ben Jacobs tweet, and it jumps the gun a little.

Of course Leadenhall will have concerns but the court papers go onto state that A-Cap have undertaken to provide information on the terms subject to a non-disclosure agreement.

We may get more information after the hearing as to whether A-CAP have made the details available to the court. You would assume then that Leadenhall's lawyers will scrutinise it.

That's the bit that will take some time. Jacobs goes on to say that TFG are confident of completion within 2+ months. If it all ties in with the regulatory and FA/PL approval then its just a case of waiting, but we knew that last week.