Everton takeover: 777 partners prepare both long-term an statement as the saga continues.

While waiting for answers on whether they will get the green light to take over Everton, 777 partners have spoken to fans of another club they already own.The Miami-based investment firm owns several clubs as part of a multi-club model, with majority interests in Standard Liege, Red Star Paris, Hertha Berlin, Genoa, Melbourne Victory and Vasco da Gama, as well as minority interests. in Seville, Spain. 4,444,777 partners have been verified since the deal to buy Farhad Moshiri’s 94.1% stake in Everton was completed in September. Their ownership of the clubs by other clubs was in the spotlight as well as several legal issues. in relation to other parts of the business, including the aviation investment department.One of those clubs, Brazilian tier club Vasco da Gama, which 777 bought for $137m (£107.6m) in February 2022, admits to late payments that led to a transfer ban, unusual financial loans between companies and an accident that almost saw Vasco slide The second level of Brazil in December raised many questions.The Campeonato Serie A starts for the new season in April and Vasco will return to pre-season in the coming weeks as they prepare.Ahead of the new campaign, Josh Wander, who co-founded 777 Partners with Steven Pasko in 2015, addressed fans of the Brazilian club and announced his “long-term” commitment to the club..

In a statement published on the Vasco club website on Sunday, Wander said: “I would like to congratulate Ramón Díaz, his staff and our team from the bottom of my heart for their commendable efforts to end the season in a stronger position. I am full of gratitude and immense pride for the collective achievements of our club and community, from the exceptional players, coaches and staff to yours truly. , to the unwavering support of our dedicated fans. Together, we will set a course for the long haul. lasting, stable and a successful future on and off the pitch.”While it is disappointing that our fate hinged on the final match, I am pleased to see that midway through the year the decisive action taken continued the necessary steps forward. and positive changes This season we are working hard to strengthen and improve our team to be competitive in the 2024 Carioca, Brasileirao and Copa do Brazil tournaments. The work of our new sporting coordinator, Alexandre Mattos, has already been seen in significant reforms and additions to the team and coaching staff – and I am sure he will continue to do a good job.“Off the field, we have a lot to be proud of as we strive to make Vasco a financially sustainable organization. By the end of 2023, we have increased revenues by more than 60%, reduced our debt by R$ 100 million and increased player value by more than 200%. We expect even better results by the end of 2024, led by Vasco SAF CEO Lucio Barbosa and CFO Kátia dos Santos, who have moved from temporary to permanent positions. Their unwavering commitment to the stabilization of Vasco SAF has earned my full trust and support.“We look forward to continued positive dialogue with the new leadership of the association, as we have had with President Salgado and his team over the past 18 months. In the same light, we also want to wish the new president Pedrinho. We believe that a strong Vasco is born from close cooperation with SAF and the union, which we always strive to maintain and improve.”In the last 18 months since the establishment of Vasco SAF, we have made significant progress in the difficult situation of the club. However, I understand that there is much more work ahead, so I want to assure you that our commitment to Vasco is long term. Myself and the team at 777 Partners are determined to create a strong financial foundation for the club, which is essential to ensure sustainable success for many years to come.“ Looking ahead to next season, we will continue to focus on improving performance both on and off the field. As always, we are committed to using every opportunity to improve the club.Whether 777’s words will resonate with Vasco fans is likely to depend on how they play in 2024 as the owners look to expand their football portfolio with Everton.777 still waiting for official confirmation of the contract from the Premier League and the Football Association. Last month, the company received approval from the Financial Conduct Authority, one of three regulators they had to comply with.The decision, which was due in the 12 weeks before Christmas, has now been pushed back to 2024 and could extend until next month. Having raised £150m in working capital since September, much of which has been spent on stadium construction costs and wages, the US company wants a quick resolution to the matter in the coming weeks. the company is not prepared to sustain the costs indefinitely.Sources close to the company say there is still confidence in the deal moving forward, as evidenced by the capital commitment, but so far there has been no certainty about a timeline or a possible decision. 4,444 Everton have been rocked by the Premier League’s second charge in just over a year for breaching the league’s Profitability and Sustainability Regulation (PSR).The club has been referred to an independent commission and Nottingham Forest have a similar fate. Everton have already appealed against the 10-point deduction, which was handed down following an independent commission hearing at the end of last year into irregularities in the previous financial year.777 still claims that they were aware of the possible risks and that there are clauses within the conditions regarding the price paid, subject to the outcome of certain issues that may negatively affect the club and#039; we can stay in the Premier League..