Generic clubs in financial crisis Thread

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Sutekh
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Re: Generic clubs in financial crisis Thread

by Sutekh » 07 Oct 2024 15:33

Why oh why do football authorities keep stitching themselves up like this?

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Winston Biscuit
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Re: Generic clubs in financial crisis Thread

by Winston Biscuit » 08 Oct 2024 11:19

https://josimarfootball.com/2024/10/07/777-partners-in-crime/

777 Partners has collapsed, leaving behind seven football clubs in a desperate financial position. With insurmountable debts, will anyone acquire any of these clubs?


The clubs are:

Genoa
Standard Liege
Vasco
Red Star Belgrade
Hertha Berlin
Sevilla
Melbourne Victory

To all intents and purposes, the multi-club ownership group through which 777 Partners held stakes in has ceased to exist as a going concern. Control of all of those clubs has been seized by New York-based investment firm A-CAP, 777 Partners’ prime backer, which has instructed investment bank Moelis & Co to look at the feasibility of selling each and every one of them

Sutekh
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Location: Undiscovered pyramid somewhere in Egypt

Re: Generic clubs in financial crisis Thread

by Sutekh » 08 Oct 2024 13:59

Winston Biscuit https://josimarfootball.com/2024/10/07/777-partners-in-crime/

777 Partners has collapsed, leaving behind seven football clubs in a desperate financial position. With insurmountable debts, will anyone acquire any of these clubs?


The clubs are:

Genoa
Standard Liege
Vasco
Red Star Belgrade
Hertha Berlin
Sevilla
Melbourne Victory

To all intents and purposes, the multi-club ownership group through which 777 Partners held stakes in has ceased to exist as a going concern. Control of all of those clubs has been seized by New York-based investment firm A-CAP, 777 Partners’ prime backer, which has instructed investment bank Moelis & Co to look at the feasibility of selling each and every one of them


Presume there's a few players there that'll be finding new homes in January.

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Winston Biscuit
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Re: Generic clubs in financial crisis Thread

by Winston Biscuit » 23 Oct 2024 21:22

Inverness Caley Thistle go into administration and are docked 15 points.

Such a small league table that before this they were just 5 points off of top spot, now they are bottom and 12 points from safety

Sutekh
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Re: Generic clubs in financial crisis Thread

by Sutekh » 23 Oct 2024 22:03

Winston Biscuit Inverness Caley Thistle go into administration and are docked 15 points.

Such a small league table that before this they were just 5 points off of top spot, now they are bottom and 12 points from safety


Well, guess that’ll save the other clubs from the automatic relegation spot.


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