Potential Everton buyers 777 Partners’ problems have now reached Brazilian club Vasco de Gama, who are yet to hear from the American group.
That’s according to the club’s legal vice-president of Vasco Felipe Carregal Sztajnbok, who has commented on the situation today.
Numerous reports over the last two weeks have seen the 777 Partners empire of businesses crumbling around them, with numerous financial issues and alleged fraud charges leading to issues.
Reports in Belgium have detailed the issues at Belgian side Standard Liege, whose players have been told the club’s coffers are empty so players can’t be paid and invoices for various suppliers are mounting.
There’s also been issues at Vasco, who have been looking into the group and a potential illegal transfer of the club from 777 Partners to A-Cap, which would be against Brazilian law and agreements signed when the American group bought the club.
They say that while Vasco are yet to comment, Sztajnbok has revealed what’s going on behind the scenes.
“777 did not respond to our latest inquiries,” he said.
“We are even more concerned about this recent news that informs the departure of Josh Wander and Steve Pasko from the 777 group.
“If the departure of the football controllers and the bankruptcy or serious financial commitment of 777 are confirmed, we will have a direct impact on the situation of Vasco SAF.
“In addition to the commitment of the September contribution, the SAF operation would be seriously affected at this time. Either because Josh is the president of the Vasco SAF Board of Directors, or because Pasko, in theory, is the ultimate controller of football.”
This has all put an end to a potential takeover of Everton, where it’s believed Farhad Moshiri has now instructed the group that he is looking for other investors.
777 had held an exclusivity agreement with the Everton majority shareholder but it appears that has now ended, and he is looking elsewhere as he seeks to leave Goodison Park.
Given the situation at Standard Liege and now Vasco, that is presumably for the best, with 777 Partners currently on one trajectory and it isn’t upwards.
