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Hollywood-based group led by Soros and Horsman embroiled in Everton takeover talks

Hollywood-based group led by Soros and Horsman embroiled in Everton takeover talks

 


A number of groups have shown interest in Everton in recent months, and the latest to strike up talks with majority shareholder Farhad Moshiri is the most glamorous yet, led by two Hollywood executive producers.

Special purpose acquisition company LAMF Global Ventures Corp. I was founded by Jeffrey Soros and Simon Horsman, both film and television producers based in Los Angeles, USA. And if the former’s last name sounds a little familiar to you, it’s because he’s the nephew of businessman and philanthropist George Soros, best known in political circles for his support of the Democratic Party in the States. -United. Horsman is well known as a top lawyer involved with a number of media and technology companies.

Neither the Moshiris camp nor LAMF has confirmed or denied the report in Bloombergthe sources of the articles claiming that negotiations are underway between the Toffees and the company incorporated in the Cayman Islands but with a business address listed on glitzy Sunset Boulevard in Hollywood.

LAMF is what is known in business parlance as a Special Purpose Acquisition Company (SPAC) formed late last year that raised $253m ($224m) in its IPO. (IPO). A former club manager, Keith Harris, is also on the company’s list of senior advisers.

The price of the Toffees is rumored to be around 500 million, not taking into account the development and construction costs of the new stadium at the Bramley-Moore docks, which are believed to be around the same amount.

Currently, nine Premier League clubs are owned by individuals or companies based in the United States, and the growing stability of the pound sterling as well as lucrative payments, in particular television agreements, are attracting more and more attention from across the pond, especially with the now blackballed Russian oligarchs of most Western economies.

Just last week, reports emerged that Minnesota-based real estate mogul Maciek Kaminski was involved in talks with the Moshiris camp over a takeover, months after a group in which Kaminski was involved had conducted similar deliberations.

Soros and Horsman worked together on several film and television projectsincluding sports coverage like Legacy: The True Story of LA Lakers and Ronaldinho: the happiest man in the world.

Sources

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2/ https://royalbluemersey.sbnation.com/2022/10/5/23390032/new-group-everton-takeover-talks-lamf-global-ventures-jeffrey-soros-george-nephew-horsman-hollywood

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