777 Partners is a Miami-based holding firm that describes itself as a fearless disruptor in the investment landscape. Founded in 2015, the company provides a range of services and analytics to its operating companies, including accounting, finance, human resources, procurement, marketing, legal, and technology services. With a net worth valued at around $12 billion, 777 Partners manages more than $6 billion in assets.
777 Partners and Sports
777 Partners has expanded its fields of interest to include sports, media, and entertainment. The company has invested in several football clubs around the world, including Sevilla in Spain, Genoa in Italy, Vasco da Gama in Brazil, Melbourne Victory in Australia, Standard Liege in Belgium, Red Star in France, and Hertha BSC in Germany. While the success of these clubs varies, 777 Partners believes in taking full accountability for their actions and seeks to have a positive and enduring impact on the communities they serve.
777 Partners and Everton
777 Partners recently entered negotiations to acquire a majority stake in Everton Football Club. The club has long sought investment to fund their new Bramley-Moore Dock Stadium in Liverpool. The deal, which is subject to the Premier League’s owners and directors test, would see 777 Partners acquire Farhad Moshiri’s 94.1% stake in the club. However, there are doubts over whether 777 Partners would pass the test due to allegations of fraud and breach of contract made against the company in a civil case. Despite these concerns, 777 Partners believes that their multi-club model can offer value to Everton and help the club reach its objectives.
Everton’s History and Trophies
Everton Football Club has a rich history and is the second-longest ever-present team in the English top division. The club has been a top-flight club longer than many of its rivals, including Liverpool, Manchester United, Tottenham, and Chelsea. While Everton has not won a major trophy since 1995, when they lifted the FA Cup, they have a strong legacy of success. The club has won the FA Cup on five occasions, the Community Shield eight times, and the European Cup Winners’ Cup once. In recent years, Everton has struggled in the Premier League and narrowly avoided relegation in the 2022/23 season.
777 Partners is a Miami-based holding firm with a net worth of around $12 billion. The company has expanded its fields of interest to include sports, media, and entertainment, and has invested in several football clubs around the world. 777 Partners is currently in negotiations to acquire a majority stake in Everton Football Club, subject to the Premier League’s owners and directors test. While there are doubts over whether the company would pass the test, 777 Partners believes that their multi-club model can offer value to Everton and help the club reach its objectives. Despite Everton’s recent struggles in the Premier League, the club has a rich history and a strong legacy of success.