In a suit filed in federal court in New York, a firm that provided hundreds of millions of dollars to 777 accused the company of double-pledging its collateral to other investors.
Tag: 777 Partners
Everton Seeks Alternative Buyer as Deal With 777 Partners Falters
With a proposed sale stalled seven months after it was announced, a financially strapped Premier League team is pursuing a backup plan.
Premier League Cuts Everton’s Points Deduction
The decision means the club will lose six points in the standings, not 10, potentially helping it to stay in the division and to remain financially viable.
Everton Docked 10 Points, a Premier League Record, in Financial Case
The penalty adds to the problems of a team operating under a mountain of debt. It vowed to appeal.
Everton Sale Stalls Amid New Questions About 777 Partners
The U.S. firm bidding for the Premier League club, 777 Partners, has failed to provide required information to a British regulator.
Everton, 777 and the Business of Premier League Soccer
777 Partners had been scooping up big-name soccer teams for two years when it bid for Everton. Doubts about its finances could kill the deal.