Full disclosure?

777 Group lost almost 600 million dollars from June 2021 to June 2022. These numbers have not been submitted to regulators probing the proposed takeover of Everton and cast doubt on Josh Wander’s claim about his company’s financial strength.

By Philippe Auclair and Paul Brown

Monday 16 October 2023 was a red-letter day at the Miami HQ of 777 Partners Ltd. The company was about to welcome a prestigious guest: David Dein, former vice-chairman of the Football Association and of Arsenal FC, former president of the G14 association of European clubs, one of the best-connected men in English football. 

At the age of 80, he looks at least ten years younger and has the energy of a man half his age. His connections, negotiating skills and charm would be a huge asset if 777 could bring him on board. A 777 executive emailed the whole staff at HQ to break the news of Dein's visit and explained how it could have a transformative impact on their future. "His support of 777 will be instrumental for Premier League approval for our Everton deal", the email read. Employees were asked to dress smartly. "No polos, and dress shoes preferred". 

Dein was his usual affable self during his short stay in Florida, signing copies of his autobiography, appreciating the attention he was given, and clearly open to give a helping hand. And helping he is, as his presence in the directors box for Everton’s win over Burnley last Wednesday attests.

(See lead photo: David Dein, pictured top left, at Goodison Park, with Josh Wander and Farhad Moshiri.)

Dein knows how to 'work a room' better than most, and his contacts within the top echelons of the English and Euro...

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