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Premier League
777 Partners has lost control of its football operations, whose CEO Don Dransfield has quit. And attempts to sell its portfolio of clubs by Kenneth King of A-CAP are under threat from an injunction granted this week by a US Court.
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Are you an illegal betting operator trying to secure attractive marketing? Don’t worry, the Premier League will welcome you with open arms.
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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.
The good news for 777 Partners is that the Premier League is finally “minded to approve” their bid to purchase Everton. The bad news is the…
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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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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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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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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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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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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.
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777 Partners, which is currently trying to add Everton to its multi-cub portfolio, owned and operated companies which were accused in court of “predatory conduct” for targeting brain damaged former American football players making concussion claims against the NFL.
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