777 Partners

Beyond its name, though, little is known about the company. It said it had $10 billion in assets, but was so closely held that verifying that claim was difficult. The company’s 2023 bid for control of the Everton soccer team , an acquisition that would eventually require hundreds of millions of dollars in assumed debt and other obligations, is by no means a sure thing. The Premier League, England’s Football Association and an independent British government regulator, the Financial Conduct Authority, all must approve the proposed deal, a process that is likely to take months. A successful takeover of Everton would bring the number of clubs in 777’s portfolio to eight. The teams in its existing stable are well known: Genoa in Italy, Hertha Berlin in Germany, Vasco da Gama in Brazil. All are different in size and ambition but shared a common theme before attracting the interest of 777: They were all in financial crisis.