It is an investigation that has prompted 777 Partners, the owner of the Standard, to come out of its usual silence, which gives an idea of the importance, or urgency, of the situation. In an article published on its site, Josimar, a Norwegian magazine, explains in detail the troubled past of Josh Wander, one of the bosses of 777 Partners, as well as the unclear economic model of the American company, invested in different fields, including aviation.
About Wander, and his past, it is question of numerous passages in front of the American courts for various offenses (drug trafficking, debts essentially). Within 777 Partners is also a company, responding to the name of SuttonPark Capital, created by Wander, with Steven W. Pasko, the other boss of 777 Partners.
This company is involved in a dark affair of racketeering, but also of embezzlement. Two lawsuits have been filed by two young women. Finally, there remains the question of investment in aviation. 777 Partners has taken over low-cost airlines, but again legal actions have been launched by former owners over missed payments, fraud and breach of contract.
The reaction of 777 Partners: “A desire to deceive”
In the middle of it all are the football clubs owned by 777 Partners, including Standard. And the question arises of the ability of the American company to keep the football business afloat, where all the clubs are losing – they were already losing before the takeover by 777 Partners.
In a press release published on Tuesday evening, 777 Partners denounced a destabilization enterprise: “The article is intentionally structured to mislead and undermine 777’s efforts in its business.” She also defended Josh Wander: “The allegations against Josh are inaccurate and defamatory. Josh has never stopped addressing what may have happened decades ago and seeks to rectify perceptions.” Regarding the Sutton Park company, finally, 777 Partners ensures that Josh Wander, Steve Pasko and the 777 Partners company have no participation or origin in the business.
