Since last September, 777 Partners is no longer on the Board of Directors of Standard, even if the Liège club has still not found a buyer. This is now the case in Genoa as well.
The empire that 777 Partners built continues to crumble piece by piece. Since September 4, the American consortium is no longer on the Board of Directors of Standard de Liège, replaced by A-Cap, its financial backer. A temporary solution for Rouches who have still not found a buyer.
From now on, 777 has also left the organization chart of Genoa, in Serie A. This was decided by a general assembly which validated the balance sheet as of June 30, 2024, in deficit to the tune of 38.8 million euros. , and voted to revoke three representatives of 777 Partners from the Board of Directors.
Steven Pasko, Joshua Wander and Adam Weiss are therefore leaving their positions within Genoa. The first two were on the Board of Directors of the Standard until last May. Josh Wander has been the president of the Liège club since 2022.
The arrival of 777 Partners at Genoa dated from 2021, and ended 18 years of presidency of businessman Enrico Preziosi. But as at Standard and other clubs, the financial situation and the legal setbacks of the American company, suspected of money laundering, tax fraud and embezzlement, led to their withdrawal.
As at Standard, it is the insurer A-Cap which has taken over the reins of Genoa, and the new CEO of the club Andres Blazquez announced that a capital increase of up to 40 million euros should be carried out here as of January 15, 2025. It is still unclear who will provide these funds.
