777 Partners / Whatever the hell you like

[BlueStevie35]

For clarity about what and who they own

Sevilla - 7.5-15%
Vasco - 70%
Melbourne Victory - minority stake
Red Star - outright own
Standard de Liege - outright own
Hertha - 64.7%
Genoa - outright own

 

[Tony’s Carp]

I think that’s a somewhat naive view of what Moshiri and Usmanov have been up to.

 

[Eggs]

….when accepting there’ll be little or no monies to spend, then survival depends on two crucial positions;

The DOF & The Team Manager.

They are paid big bucks to find talent whilst working on a shoestring and organising a team making it difficult to concede whilst carrying threat.

 

[EFC_FRANCIS]

I dont see why when hes the 1 who's selling.

I don't believe he is selling to 777

 

[Ruairi77]

how on earth can it be within UEFAs rules that one company outright owns Standard, Red star, Genoa, and Everton? How do transfers work? Next thing it'll be like F1 with drivers following team orders.

 

[The binman chronicles]

I dont pretend to know all this finance stuff, but are huge interest payments not included in our accounts and why we constantly post terrible accounts despite very little spend on players for last couple of seasons now?

Our wage bill has been 90% of turnover and that creates the biggest issue. Also people don't always take into account we've been regularly paying off managers, DoF, board members. The headline transfer fees probably don't take into account loyalty payments and agent fees so what we get isn't what we actually have to spend.

 

[Tony’s Carp]

I wonder how much reluctance there is among credible investors to do any direct business with Moshiri if he is widely seen as a frontman for Usmanov. Taking part in financial transactions with (by proxy) a sanctioned individual is potentially a whole world of trouble even if there’s a paper trail in between.

Even the original MSP deal was structured as investment into the business ie not a purchase of shares from Moshiri and no money being transferred to him. Less risky from a sanctions point of view perhaps, especially given Moshiri’s banking issues.

If so 777 might almost be a necessary evil, an unscrupulous lot willing to do a slightly grubby deal. Gets the stain of Usmanov completely gone and means further / future investors have less to worry about in terms of where their money ultimately ends up.

 

[BlueStevie35]

how on earth can it be within UEFAs rules that one company outright owns Standard, Red star, Genoa, and Everton? How do transfers work? Next thing it'll be like F1 with drivers following team orders.

4 different leagues so no conflict of interest as only one plays in Europe (Standard)

 

[PeregrineT]

Which is sadly what we all said about Moshiri.

The difference is, Moshiri invested money.

These fellas won't put a single penny into the club.

Well, Moshiri flushed money anyway. I dont particularly want either of them, and would prefer someone who runs the club well AND dumps money into it. But barring that it can be said that someone who doesnt invest a single penny but instead increases the club revenue substantially is better than someone who has no idea what they are doing and "invests" and loses it all plus some.

No doubt we will get the one who both doesnt invest and loses it all plus some. But one can hope for someone better to save us...

 

[daza_1973]

 

[Drico]

Hope they fail the test for owners

They aren't known to decapitate people - and as that is no barrier anyway, they're fine. What's a bit of drug dealing amongst human rights abusing kleptocrats?

 

[Lapeno77]

how on earth can it be within UEFAs rules that one company outright owns Standard, Red star, Genoa, and Everton? How do transfers work? Next thing it'll be like F1 with drivers following team orders.

Funny you mention F1 because Red Bull own teams all over, as do the City group.

 

[Thomasc]

In a sea of Saudi money, we find the cheaper version again.

 

[b-rad]

Feels like we are racing towards oblivion.

The closer we get to the black hole, the faster it becomes

 

[GrandOldTeam]

For clarity about what and who they own

Sevilla - 7.5-15%
Vasco - 70%
Melbourne Victory - minority stake
Red Star - outright own
Standard de Liege - outright own
Hertha - 64.7%
Genoa - outright own

So from the outright own...

They bought Genoa in September 2021. Genoa were relegated May 2022.
Standard Liege fans are causing murder towards their ownership.
No clue about Red Star.

777 need legging - I just hope my gut feeling that investment/takeover will come from elsewhere is right.

I mean, the bloke refers to himself in third person.

Wander said: “We have a strong view that there’s a new wave of commercialisation coming to football. (Football clubs) have done a horrible job of commercialising the product.

“It’s so absurd to me that people say we’re not serious when we bought (stakes in) seven clubs in the last 18 months. Is there anyone in the world that’s been more serious about buying football clubs in history than Josh Wander?

“The vision for this football group is that one day we’re not selling hot dogs and beers to our customers; (it’s) that we’re selling insurance or financial services or whatever.”

Wander also asserted that the “intensity” of fans’ engagement with their clubs meant “they want to be monetised.”