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Who's your money on in the takeover 'battle'?

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TimHowardsBeardJuice said:
As I understand it- I saw it somewhere, if I can find it I’ll post it- Friedman is offering all equity, no debt, no borrowing, no financing, no need for credit inquiries etc. Cash (equivalent) on the barrelhead.

That puts any buyer at the head of the line.
Click to expand...

Its interesting is all mate, i suppose to Moshiri it doesn't matter where the money comes from - borrowed or not, once it comes.

Its just curious is all, we've heard granted media reports, Third party funding, all Equity bid, Saudi Royals and bids the can slap proof f funding of a billion on the table - I'm just curious what got these lads over the line in terms of their bid that made them stand.
 
Rich1878 said:
I might sound a bit silly here, but does he have to be given or actually need "exclusivity" if he is the only one to have put an offer in?
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I think it just protects the potential buyer. Prevents getting 90% of the way down the road with the deal and then someone suddenly steps in and the seller suddenly decides to go with them. So if it’s the only offer actually on the table now without the exclusivity someone else can jump in last minute…. And when it comes to Moshiri, if I was the prospective buyer I’d want all the guarantees and protection I could get 😂😂
 

Eggs said:
….signs what, Zat, is it something to do with him signing an exclusivity agreement?
Click to expand...
Here we are. Dan Friedkin, owner of Roma and Cannes, has 94% of Everton in his hands. And today he only has to push the ball into the net into an empty net. That is to conclude the deal after having already reached an agreement in principle with the current owner of the Liverpool club, Farhad Moshiri, on the basis of an (accepted) offer of 475 million euros. A sudden turning point, which has materialized in the last few hours, confirming the US tycoon's strong desire to expand in the Premier League towards major international football, leaving Roma at the center of the project as a showcase club, jewel of the galaxy.

WHAT A CHALLENGE​


At the end of a "fast and transparent" negotiation, Moshiri deemed the Friedkin project "the most serious and credible" from a financial and future commitment point of view: the almost 4 years spent at the helm of Roma have evidently weighed on the choice of Iranian owner to prefer the Giallorossi buyer over the other suitors for the club. By signing the Everton purchase deed today, Friedkin will take over the majority stake through Blue Heaven Holdings Limited: the remaining 4.6% will be free-floating, held by minor shareholders, and 1.3% will remain with the former president Bill Kenwright's company. To go through, the transfer of ownership will only have to be endorsed by the Premier League, which will initiate an accounting control procedure (a formality) which will take between 4 and 6 weeks. How many will be needed by the other competitors to minimize the disappointment of the failed purchase: until yesterday it was a British investor, Vici Private Finance, who made the latest in a long series of offers, including those from the American entrepreneur Vatche Manouklan, of Crystal Palace co-owner John Textor, the giant Dell Technologies and MSP Sports Capital, the New York company that lent Everton 185 million in 2023 for the construction of the stadium.

PROJECT​

—
And Friedkin's project revolves around the new Everton facility. If in Rome there remain some issues to be resolved regarding the Pietralata stadium (a resident's appeal to block excavations in the affected area was accepted this week), in Liverpool the new facility under construction at the Bramley-Moore pier will be inaugurated in the 2025 season 26 and has already been selected for the 2028 European Championship. It is clear that for the Friedkins the owned stadium constitutes a revenue generator to push the club further, as will also happen in France in Cannes, where the Pierre De Coubertin will be renovated while waiting for the team to move up in category. What is about to be born, therefore, is a timeshare under the sign of the tycoon, which embraces three nations. And which in Rome could soon also favor the purchase of elements of weight on the market: from Morata and Chiesa, everything is now possible in Dan's world...
 
Eggs said:
….signs what, Zat, is it something to do with him signing an exclusivity agreement?
Click to expand...
Tier 1 (100% Confirmed): Club Official Sources - Official posts from the Juventus website or from Juventus social media.

Tier 2 (Confirmed Reliability): Romeo Agresti, Gianluca Di Marzio, Fabrizio Romano and Sky Italia.

Tier 2.5: Sky Sport Italia, Alfredo Pedulla (mostly posts for AC Milan but a good amount of posts about the rest of Calcio).

Tier 3 (Rarely Reliable): Gazzetta dello Sport, Corriere dello Sport, Il Tempo, La Repubblica, RAI Sport, Mediaset.

Tier 4 (Mostly Never Reliable): Tuttosport, Calciomercato, Bleacher Report, The Sun, Metro, Marca, AS.



The source sadly is worse than chip paper.
 

Gazetta from behind paywall and translated-

Today the Giallorossi owner signs the deed of purchase of the club. The new stadium at the centre of the project

Alessio D'Urso

June 15 - 07:50 - ROME

Dan Friedkin with the GETTY Conference

Here we go. Dan Friedkin, owner of Roma and Cannes, has 94% of Everton in his hand. And today he only has to push the ball into the net with an empty door. That is to conclude the deal after having already reached a general agreement with the current patron of the Liverpool club, Farhad Moshiri, on the basis of an offer (accepted) of 475 million euros. A sudden turning point, the one that has materialised in the last few hours, confirming the strong will of the US tycoon to expand into the Premier towards the great international football, leaving Roma at the centre of the project as a showcase company, jewel of the galaxy.

At the end of a "fast and transparent" negotiation, Moshiri considered the Friedkin project "the most serious and credible" from a financial and future commitment point of view: the almost 4 years at the helm of Roma have evidently weighed on the choice of the Iranian owner to prefer the Giallorossi buyer over the other claimants to the club. By signing the Everton deed of purchase today, Friedkin will take over the majority package via Blue Heaven Holdings Limited: the remaining 4.6% will be float, held by minor shareholders, and 1.3% will remain in charge of former President Bill Kenwright's company. To go through the transfer of ownership will then only have to be endorsed by the Premier League, which will initiate an accounting control procedure (a formality) for which they will pass between 4 and 6 weeks. How many will the other competitors need to minimise the disappointment over the failure to buy: until yesterday it was a British investor, Vici Private Finance, who made the latest in a long series of offers, including those from American entrepreneur Vatche Manouklan, Crystal Palace co-owner John Textor, the giant Dell Technologies and MSP Sports Capital, the New York-based company that in 2023 lent 185 million to Everton for the construction of the stadium.

And right around the new Everton plant revolves the Friedkin project. If in Rome there are still knots to be untied for the Pietralata stadium (a resident's appeal to block excavations in the affected area has been accepted during the week), in Liverpool the new plant under construction at the Bramley-Moore pier will be inaugurated in the 2025-26 season and has already been selected for the European 2028. It is clear that for the Friedkin the owned stadium constitutes a revenue generator to push the club further, as will also happen in France at Cannes, where Pierre De Coubertin will be restructured while waiting for the team to rise to category. What is about to be born, therefore, is a timeshare under the sign of the tycoon, which embraces three nations. And that in Rome it could soon also favour the purchase of weight items on the market: from Morata and Chiesa, everything is now possible in the world of Dan ...
 
Rehnman said:
Gazetta from behind paywall and translated-

Today the Giallorossi owner signs the deed of purchase of the club. The new stadium at the centre of the project

Alessio D'Urso

June 15 - 07:50 - ROME

Dan Friedkin with the GETTY Conference

Here we go. Dan Friedkin, owner of Roma and Cannes, has 94% of Everton in his hand. And today he only has to push the ball into the net with an empty door. That is to conclude the deal after having already reached a general agreement with the current patron of the Liverpool club, Farhad Moshiri, on the basis of an offer (accepted) of 475 million euros. A sudden turning point, the one that has materialised in the last few hours, confirming the strong will of the US tycoon to expand into the Premier towards the great international football, leaving Roma at the centre of the project as a showcase company, jewel of the galaxy.

At the end of a "fast and transparent" negotiation, Moshiri considered the Friedkin project "the most serious and credible" from a financial and future commitment point of view: the almost 4 years at the helm of Roma have evidently weighed on the choice of the Iranian owner to prefer the Giallorossi buyer over the other claimants to the club. By signing the Everton deed of purchase today, Friedkin will take over the majority package via Blue Heaven Holdings Limited: the remaining 4.6% will be float, held by minor shareholders, and 1.3% will remain in charge of former President Bill Kenwright's company. To go through the transfer of ownership will then only have to be endorsed by the Premier League, which will initiate an accounting control procedure (a formality) for which they will pass between 4 and 6 weeks. How many will the other competitors need to minimise the disappointment over the failure to buy: until yesterday it was a British investor, Vici Private Finance, who made the latest in a long series of offers, including those from American entrepreneur Vatche Manouklan, Crystal Palace co-owner John Textor, the giant Dell Technologies and MSP Sports Capital, the New York-based company that in 2023 lent 185 million to Everton for the construction of the stadium.

And right around the new Everton plant revolves the Friedkin project. If in Rome there are still knots to be untied for the Pietralata stadium (a resident's appeal to block excavations in the affected area has been accepted during the week), in Liverpool the new plant under construction at the Bramley-Moore pier will be inaugurated in the 2025-26 season and has already been selected for the European 2028. It is clear that for the Friedkin the owned stadium constitutes a revenue generator to push the club further, as will also happen in France at Cannes, where Pierre De Coubertin will be restructured while waiting for the team to rise to category. What is about to be born, therefore, is a timeshare under the sign of the tycoon, which embraces three nations. And that in Rome it could soon also favour the purchase of weight items on the market: from Morata and Chiesa, everything is now possible in the world of Dan ...
Click to expand...

Roma going after Chiesa? There goes our summer budget.
 

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