Greg Baker, the founder of a London-based finance firm, has been revealed as the backer behind Simul Sports, the group seeking to buy Yeovil Town from owner Scott Priestnall.
In a statement issued on Tuesday night, the Glovers’ Trust confirmed the founder of ESE Capital “will finance the consortium and the deal.”
It goes on to confirm Julian Jenkins, former Cardiff City commercial director, finance specialist Darren DeLandro and former Glovers’ midfielder Marc Bircham as being involved in the group.
The Trust also says that member and supporter Terry Stevens had introduced it to Jenkins and subsequently Baker.
Of the delays to the deal, the Trust statement adds: “There have been numerous delays due to Omicron in December, Land Registry (due to the nature of the deal involving various parcels of land) and various aspects of due diligence.”
It added: “There is a huge desire to get this deal over the line and bring about change for Yeovil and Somerset in general.”
There are no details given on timescales for the completion of a deal with the Trust saying Simul has “never committed to dates for completion, only provisional timeframes.”
Last weekend marked 11 weeks since a seven-day deadline set by chairman Priestnall for a deal to be completed expired.
According to its website, Baker’s ESE Capital is involved in investing in house building developments “bringing about positive environmental and social change through each of the projects.”
The connection with a self-declared property investor might be cause for concern that this is someone interested in the land around Huish Park, but the Trust statement confirms Simul’s bid is for Yeovil Athletic & Football Club, the company which runs its football operations including the stadium.
It adds Simul is also looking to purchase a strip of land which runs alongside Western Avenue and the stadium and is presently leased by South Somerset District Council.
All other land around the stadium will remain in the ownership of Yeovil Town Holdings Limited, a company which counts its directors as Priestnall and his fellow club director, Glenn Collis.