Zona de Azar Argentina – Argentina: Does “777 Partners” Promote S.A.D in Soccer?

Argentina.- May 20, 2024 www.zonadeazar.com  The Investment Company “777 Partners”, with whom Daniel Scioli, Secretary of Tourism, Environment and Sports, met; Juliana Santillán, deputy of La Libertad Avanza and businessman Guillermo Tofoni, in order to promote Public Limited Companies in Argentina, have just lost control of Vasco Da Gama of Brazil.

In addition, it manages other sports entities, with which they are not doing very well.

“777 Partners”, founded in 2015 in Miami, United States, has just lost majority control of the Brazilian group, by decision of the Justice of the neighboring country, since it had 70% of its shares and now kept 30% (minority), percentage that plans to sell.

The 4th Business Chamber of the Court of Justice of Rio de Janeiro decreed it on Wednesday night, so the team that Ramón Díaz led until recently is once again in the hands of his partners.

He also led the Standard Líege of Belgium, but the local justice system ordered the seizure of his assets due to a complaint filed by Bruno Venanzi, who was the owner of the club. They are accused of not paying installments due in April, amounting to €3.5 million each, with the fund that financed the construction of the stadium and of having many debts to players and employees.

As if this were not enough, they lead Genoa of Italy with their entire property; They own a percentage of Hertha Berlin from Germany, Seville from Spain (8%), another little from Red Star from France (third division) and Melbourne Victory from Australia. They mostly head second-line sports entities.

Another institution of which they own a part is Everton of England, of the Premier League, a club sanctioned by the organization for failing to comply with financial fair play, which is why they were deducted points this season.

However, in that case they have not yet received approval to take charge of the entity’s direction because the fan advisory council filed a series of lawsuits against the group. Farhad Moshiri, the current British-Iranian owner, plans to terminate the agreement.

In the United States, to give a reference to the continent, they are being prosecuted for an alleged loan fraud, for 350 million dollars, according to the information published by the Barrons portal.

Its founder is Josh Wander and, among others, he is accompanied by Nicolás Maya, who appeared in the photo with Scioli, Santillán and Tofoni and is responsible for acquisitions at Holding 777 Partners.

Edited by @_fonta   www.zonadeazar.com