The Isle of Man has been a safe haven for betting companies, many of them partners of Premier League clubs. Last week police raided several companies and this unprecedented action has sent shockwaves throughout the gambling industry. 

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The semi final in the African Confederations Cup between USM Alger and RS Berkane was never played. As the home side and fans were waiting in the stadium, the away side chose to fly back to Morocco without ever entering the pitch. 

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As their proposed takeover of Everton enters a key week, new court filings show 777 Partners struggling to fund a 1 million dollar payment to a lender as recently as January.

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As Josh Wander and 777 Partners continue to wait on Premier League approval for their proposed takeover of Everton, new legal papers filed in Florida reveal Russian oligarch Oleg Boyko is seeking a restraining order against them in a case referencing the club.

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777 Partners has done business with a Russian oligarch, and one of its founding members has links with another. Both oligarchs have long been accused of having close ties with Vladimir Putin and the Kremlin, and are the subject of sanctions.

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Is the agreement between City Football Group, controlled by senior members of the UAE government, and İstanbul Başakşehir, the favourite team of Turkey’s ruling party (AKP), a means to ease tensions between the two states?

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Documents seen by Josimar suggest that 777 Partners owed a total of 3.6 billion US dollars to creditors in the summer of 2023.  Overdue debt-related payments totalling over 145 million dollars raises fresh concerns about the finances of the US group and its portfolio of clubs.

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Shahin helped build Lusail Stadium, the venue for the 2022 World Cup final, but didn’t receive his full salary and benefits. Shortly before the World Cup, he was sent home, but he returned to Qatar to claim what he was owed – to no avail. 

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More suspicious betting on friendlies, more fixed games and more outrage this winter amongst the clubs affected but still no sign of football’s governing bodies taking any serious action.

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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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