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Showing posts with the label Genoa

Are 777 the least worst option for Everton?

Everton fans might start to think they have gone out of the frying pan into the fire with their prospective new owners, but there are no viable alternatives on offer. Everton’s prospective new owners, 777 Partners, were warned by the head of the British Basketball League (BBL) this month that the competition faced being put into “immediate administration” unless a delayed payment of £825,000 was received. The Premier League’s legal experts are studying 777’s takeover bid and the American investment company’s owners can expect to be quizzed over its financial dealings with the BBL, which it co-owns. UK Sport and the government are understood to be monitoring the situation as public funding was provided for the BBL clubs in the form of loans during the Covid pandemic. The British Basketball Federation, the sport’s governing body in the UK, has also launched a review of 777’s ownership. Everton fits perfectly into the model that 777 Partners has established for its football operat...

Leeds takeover close

Qatari Sports Investment, the owners of Paris Saint-Germain, are closing in a takeover of Leeds United. They will buy a stake initially and take complete control at a cost of £120m if Leeds are promoted to the Premier League: Closing in on takeover Leeds owner Andrea Radrizzani will consider using part of the proceeds of the sale to buy another European club, possibly Genoa in Serie A which is currently up for sale.