Credit Rating agency AM Best has slashed the rating of 777re, one of 777 Partners’s main sources of financing, from ‘fair’ to ‘weak’ and ‘very weak’, casting more doubts around the US group’s ability to sustain its current commitments, in football and elsewhere.
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A new document reveals who exactly is behind attempts by 777 Partners to acquire Everton, and just how badly the Miami investment firm needs Premier League approval for the deal.
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Despite family members and friends living under Israeli bombardment of Gaza, the Palestinian national team wrote history during the Asian Cup in Qatar.
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The latest of several lawsuits filed against 777 Partners makes startling new claims about their business model, and a claim for damages sheds new light on managing partner Josh Wander at a time when the Miami firm is losing key personnel and facing a widened investigation into its finances.
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777 Partners have been hit with multiple new lawsuits, their two main sources of funding are now under investigation by corporate watchdogs, and their companies have been borrowing millions at an interest rate of 52.5 percent.
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The Club World Cup was a stage for Saudi Arabia to showcase itself and its visions in the world of football, with legends of the game and Saudi royalty basking in the glory. Away from the spotlight, migrant workers live in slum conditions
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It may be January sales season but for Everton the only question is who’s buying. 777 Partners agreed a deal to purchase owner Farhad Moshiri’s majority shareholding back in September, but three months on, they are still awaiting Premier League approval to complete a takeover.
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A marketing executive central to Manchester City’s sponsorship agreement with 8XBet was, just months earlier, working with a politically-connected Chinese businessman accused in the International Criminal Court of running Filipino meth labs.
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777 Partners-owned club Standard de Liège was hit with a transfer ban for the second time in 2023 by the Belgian FA this week after failing to pay transfer fees, bonuses, VAT and social insurance contributions.
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The two teenagers worked as security guards during the World Cup, didn’t get paid by their employer and have been stuck in Qatar for a year. Now they are being punished for a meeting with Norwegian FA president Lise Klaveness in Doha.
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One of football’s biggest sponsors, 1XBet, has produced a guide to show sports fans how to bet in countries where betting is illegal or where they don’t have a licence.
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Does the strange case of Josh Wander’s private jet, stuck in a US airport for months, act as a metaphor for the lack of progress 777 are making to buy Everton? And why has the company yet to agree terms for the future funding of the British Basketball League, which faces administration?
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