For 777 Partners, the story with football is over since the investment fund went bankrupt.
But since this was recorded, things have been quite vague. We know that A-CAP took over to sell the various clubs that the company created by Steven Pasko and Josh Wander had bought. However, things are not as simple as that, particularly in one of the clubs, Genoa.
A press release that sows doubt
While the press is talking about a change of ownership, a press release was published by the Italian club sowing doubt and confusion as to the course of events.
“With reference to certain information published in various press outlets in recent days, 777 Genoa CFC Holdings Srl and Genoa CFC SpA specify the following,” begins the press release published on the club’s website.
“Supporting Genoa on the path to growth”
“In particular, the controlling shareholder 777 Genoa CFC Holdings Srl has not given any mandate for the sale of the shares it holds in Genoa CFC SpA, and even less to Moelis & Company,” we read.
And the press release concludes: “Therefore, the controlling shareholder and Genoa CFC SpA itself contest any form of speculation and media inference, confirming its commitment to supporting Genoa CFC on the path to growth and consolidation in its reference market.”
