Thanks mate. Sorry can't really reveal more. To be clear, I am representing my clients rather being the person with the dole. But yes, we did a fair amount of work on the transaction and met with the advisors in London. Unfortunately as you can expect it is not a straight deal. The senior debt part which is collateralized against is stadium is easy or straightforward (you will have tons of people willing to lend against a hard asset like that), but the equity or junior debt portion is where things get tricky. You really have to believe in the turnaround story of the club, not only from the earnings which the new stadium can generate in the coming season, but the also team as a whole. It is not a mere financial return thing at this stage because it's real dollars at risk here, and quite frankly even billionaires of the world will be scared seeing how FM bled out hundreds of millions of dollars here before.
I don't know a lot about the other bidders frankly but yes Dan is the closest at this stage. I was reading Mourinho's rant against him (
https://www.liverpoolecho.co.uk/spo...ose-mourinho-handed-everton-takeover-29331244) and got a little worried. I am not too sure how much of it is true, but he does certainly seem like the party with the most dollar on the table now. If you don't hear in the next 24-48 hours, then I think other bidders have a chance.
I have had an investment career for close two decades and never in my wildest dream would think I can be doing something for my club now. As I said in posts from before there are toffees at work trying to make it happen (just look at what I wrote a few weeks back). I really hope something can happen should the bid fall through. I don't think I can fulfill on my earlier promise to name the parent investment vehicle GrandOldTeam, but maybe I can for the sleeve I am responsible for. In any way, it is a big mountain to roll a stone up on top of. Time is really running tight and expect news in the next couple of weeks.
I can try to answer general questions here but sorry, nothing confidential can be said at this point.