Another missed payment deadline by 777 Partners, this time to Everton, puts the firm’s takeover of the club into fresh doubt, while one of its airlines has just entered voluntary administration.
Euro
Genoa CFC owners 777 Partners are attempting to re-structure their club’s debt to the Italian tax authorities, which currently stands at over 106 million euro. The Italian club faces bankruptcy if the Court of Genoa does not agree to the operation, while other creditors of the club are still owed an extra 160 million.
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777 remain confident their takeover of crisis club Everton will proceed, and Josimar can reveal the source of funding for the purchase. But the man behind that money is accused of fraud in an ongoing US lawsuit.
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Is the Premier League used as part of an unprecedented money-laundering operation?
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