![]() “We do believe that the overall multi-club strategy will help these clubs prevent long periods of distress.” “It is possible that global brands would be more attracted to a global club network even if are individual brands,” Wander told the Financial Times last year. We use Google reCaptcha to protect our website and the Google Privacy Policy and Terms of Service apply. For more information see our Privacy Policy. Privacy Notice: Newsletters may contain info about charities, online ads, and content funded by outside parties. Chelsea, however, are understood to be pressing ahead with a move to invest in Strasbourg and another club in Portugal after reportedly having a £35m bid for Portimonense rejected this week. With Boehly and Staveley having made no secret of their desire to establish multiclub networks, linking up with the 777 network would seem like it provides a ready-made solution for their requirements. At least Genoa look on course for an immediate return to Serie A after being relegated last season. While Hertha will hope their chances of staying in the Bundesliga are boosted by their new owners, Sevilla are fighting for survival in La Liga and Standard have not exactly lit up Belgium’s Pro League after finishing 14th last season. “We are thrilled with the current status of our football group, and if anything, these rumours are a testament to the strength of the portfolio we’ve built, our management team and the strong performance of so many of our clubs this season.” As part of those conversations there is inevitably some discussion around football. “That said, as part of the normal course of business at 777, we have many meetings with people in the business world as well as financial institutions. “We are not going to comment on any specific rumours,” said a spokesperson for 777 Partners when asked about reports that Wander and Pasko met Amanda Staveley’s PCP Capital Partners over a potential investment in Newcastle, held talks with Chelsea owner Todd Boehly and has also been eyeing up investment in Everton. With 777 Partners now casting its eye towards the Premier League, where the company ends up remains to be seen. It is one of the most ambitious examples of the new multiclub model that is sweeping the game.
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