{"id":301128,"date":"2023-12-01T23:25:29","date_gmt":"2023-12-01T23:25:29","guid":{"rendered":"https:\/\/sportstons.com\/?p=301128"},"modified":"2023-12-01T23:25:29","modified_gmt":"2023-12-01T23:25:29","slug":"doj-launches-probe-into-prospective-everton-owners-777-partners","status":"publish","type":"post","link":"https:\/\/sportstons.com\/soccer\/doj-launches-probe-into-prospective-everton-owners-777-partners\/","title":{"rendered":"DOJ launches probe into prospective Everton owners 777 Partners"},"content":{"rendered":"<h1> DOJ launches probe into shadowy Miami-based sports investing giant 777 Partners amid accusations of money laundering and how it plans to afford $635million bid for UK soccer team Everton<\/h1>\n<ul>\n<li><strong>777 previously agreed a deal to purchase Everton from\u00a0Farhad Moshiri<\/strong><\/li>\n<li><strong>But there have been concerns about how the company operates\u00a0<\/strong><\/li>\n<li><strong>DailyMail.com provides all the latest international sports news<\/strong><\/li>\n<\/ul>\n<p>Everton&#8217;s prospective new owners, 777 Partners, are being investigated for possible money laundering according to a new report.<\/p>\n<p>The Miami-based company, which has a portfolio of clubs including Vasco de Gama and Genoa, agreed a deal to take over Everton\u00a0for $635million (\u00a3500million) in September.<\/p>\n<p>However, uncertainty has previously been raised over the source of the company&#8217;s funding, and it is now the subject of a US Justice Department probe, according to Semafor.<\/p>\n<p>The website states that the Southern District of New York is discussing a joint investigation with Miami law enforcement.<\/p>\n<p>A lawyer representing 777 told Semafor that the company, &#8216;considers these scurrilous and damaging accusations to be deliberately timed to undermine its ongoing commercial activities, including the ongoing period of regulatory approvals for the proposed acquisition of Everton FC.&#8217;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i.dailymail.co.uk\/1s\/2023\/12\/01\/21\/75640439-12815931-Everton_s_prospective_new_owners_777_Partners_have_been_accused_-a-12_1701465697535.jpg\" height=\"423\" width=\"634\"><\/p>\n<p>Everton&#8217;s prospective new owners 777 Partners are reportedly being investigated by the US DOJ (pictured &#8211; managing partner of 777, Josh Wander)<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i.dailymail.co.uk\/1s\/2023\/12\/01\/21\/75969729-12815931-Farhad_Moshiri_agreed_a_deal_to_sell_Everton_to_the_US_investmen-a-13_1701465838383.jpg\" height=\"438\" width=\"634\"><\/p>\n<p>Farhad Moshiri agreed a deal to sell Everton to the US investment firm back in September<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i.dailymail.co.uk\/1s\/2023\/12\/01\/21\/78469105-12815931-The_club_were_handed_a_10_point_deduction_which_sent_them_down_t-a-20_1701466552939.jpg\" height=\"425\" width=\"634\"><\/p>\n<p>The club were recently given a 10-point deduction which sent them to second-bottom in table<\/p>\n<p>The DOJ investigation is reportedly in its &#8216;early stages&#8217; and may not lead to 777 being punished.<\/p>\n<p>777 also owns the British Basketball League&#8217;s London Lions, as well as 45 percent of the league, though they have been accused of missing payments to the league.<\/p>\n<p>Mail Sport reported in October that 777 transferred $165,000 (\u00a3130,000) of a $1.02million (\u00a3800,000) payment to the BBL that was due before the end of September.<\/p>\n<p>The firm were then understood to have paid a further $978,000 (\u00a3777,000) to the BBL, meaning the American company have invested more than the $8.9million (\u00a37million) they agreed to pay for a 45 percent stake in British basketball in 2021.<\/p>\n<p>Mail Sport previously revealed in September that 777 missed a separate $1.1million (\u00a3900,000) payment to the BBL earlier this summer, which has since been paid.<\/p>\n<p>777&#8217;s Vasco de Gama were also late in paying several clubs earlier this year, according to reports out of South America.<\/p>\n<p>The company&#8217;s deal to purchase Everton is subject to approval by the Premier League , FA and Financial Conduct Authority.<\/p>\n<p>Source: <a href=\"https:\/\/www.dailymail.co.uk\/sport\/football\/article-12815931\/DOJ-launches-probe-Miami-777-Partners-Everton.html\" target=\"_blank\" rel=\"noopener\">Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>DOJ launches probe into shadowy Miami-based sports investing giant 777 Partners amid accusations of money laundering and how it plans <span class=\"more-text\">&hellip;<\/span><\/p>\n","protected":false},"author":2,"featured_media":301127,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>DOJ launches probe into prospective Everton owners 777 Partners - Sportstons<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sportstons.com\/soccer\/doj-launches-probe-into-prospective-everton-owners-777-partners\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"DOJ launches probe into prospective Everton owners 777 Partners - Sportstons\" \/>\n<meta property=\"og:description\" content=\"DOJ launches probe into shadowy Miami-based sports investing giant 777 Partners amid accusations of money laundering and how it plans &hellip;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/sportstons.com\/soccer\/doj-launches-probe-into-prospective-everton-owners-777-partners\/\" \/>\n<meta property=\"og:site_name\" content=\"Sportstons\" \/>\n<meta property=\"article:published_time\" content=\"2023-12-01T23:25:29+00:00\" \/>\n<meta name=\"author\" content=\"Dennis\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/sportstons.com\/wp-content\/uploads\/2023\/12\/DOJ-launches-probe-into-prospective-Everton-owners-777-Partners.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Dennis\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/sportstons.com\/soccer\/doj-launches-probe-into-prospective-everton-owners-777-partners\/\",\"url\":\"https:\/\/sportstons.com\/soccer\/doj-launches-probe-into-prospective-everton-owners-777-partners\/\",\"name\":\"DOJ launches probe into prospective Everton owners 777 Partners - Sportstons\",\"isPartOf\":{\"@id\":\"https:\/\/sportstons.com\/#website\"},\"datePublished\":\"2023-12-01T23:25:29+00:00\",\"dateModified\":\"2023-12-01T23:25:29+00:00\",\"author\":{\"@id\":\"https:\/\/sportstons.com\/#\/schema\/person\/74db1979fe71b5ea01513ec1ce5bc609\"},\"breadcrumb\":{\"@id\":\"https:\/\/sportstons.com\/soccer\/doj-launches-probe-into-prospective-everton-owners-777-partners\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/sportstons.com\/soccer\/doj-launches-probe-into-prospective-everton-owners-777-partners\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/sportstons.com\/soccer\/doj-launches-probe-into-prospective-everton-owners-777-partners\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/sportstons.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Soccer\",\"item\":\"https:\/\/sportstons.com\/category\/soccer\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"DOJ launches probe into prospective Everton owners 777 Partners\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/sportstons.com\/#website\",\"url\":\"https:\/\/sportstons.com\/\",\"name\":\"Sportstons\",\"description\":\"sportstons.com\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/sportstons.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/sportstons.com\/#\/schema\/person\/74db1979fe71b5ea01513ec1ce5bc609\",\"name\":\"Dennis\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/sportstons.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/d7cef2e0d8d634cb49d54f7c48b549a1?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/d7cef2e0d8d634cb49d54f7c48b549a1?s=96&d=mm&r=g\",\"caption\":\"Dennis\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"DOJ launches probe into prospective Everton owners 777 Partners - Sportstons","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/sportstons.com\/soccer\/doj-launches-probe-into-prospective-everton-owners-777-partners\/","og_locale":"en_US","og_type":"article","og_title":"DOJ launches probe into prospective Everton owners 777 Partners - Sportstons","og_description":"DOJ launches probe into shadowy Miami-based sports investing giant 777 Partners amid accusations of money laundering and how it plans &hellip;","og_url":"https:\/\/sportstons.com\/soccer\/doj-launches-probe-into-prospective-everton-owners-777-partners\/","og_site_name":"Sportstons","article_published_time":"2023-12-01T23:25:29+00:00","author":"Dennis","twitter_card":"summary_large_image","twitter_image":"https:\/\/sportstons.com\/wp-content\/uploads\/2023\/12\/DOJ-launches-probe-into-prospective-Everton-owners-777-Partners.jpg","twitter_misc":{"Written by":"Dennis","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/sportstons.com\/soccer\/doj-launches-probe-into-prospective-everton-owners-777-partners\/","url":"https:\/\/sportstons.com\/soccer\/doj-launches-probe-into-prospective-everton-owners-777-partners\/","name":"DOJ launches probe into prospective Everton owners 777 Partners - Sportstons","isPartOf":{"@id":"https:\/\/sportstons.com\/#website"},"datePublished":"2023-12-01T23:25:29+00:00","dateModified":"2023-12-01T23:25:29+00:00","author":{"@id":"https:\/\/sportstons.com\/#\/schema\/person\/74db1979fe71b5ea01513ec1ce5bc609"},"breadcrumb":{"@id":"https:\/\/sportstons.com\/soccer\/doj-launches-probe-into-prospective-everton-owners-777-partners\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/sportstons.com\/soccer\/doj-launches-probe-into-prospective-everton-owners-777-partners\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/sportstons.com\/soccer\/doj-launches-probe-into-prospective-everton-owners-777-partners\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/sportstons.com\/"},{"@type":"ListItem","position":2,"name":"Soccer","item":"https:\/\/sportstons.com\/category\/soccer\/"},{"@type":"ListItem","position":3,"name":"DOJ launches probe into prospective Everton owners 777 Partners"}]},{"@type":"WebSite","@id":"https:\/\/sportstons.com\/#website","url":"https:\/\/sportstons.com\/","name":"Sportstons","description":"sportstons.com","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/sportstons.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/sportstons.com\/#\/schema\/person\/74db1979fe71b5ea01513ec1ce5bc609","name":"Dennis","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/sportstons.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/d7cef2e0d8d634cb49d54f7c48b549a1?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/d7cef2e0d8d634cb49d54f7c48b549a1?s=96&d=mm&r=g","caption":"Dennis"}}]}},"_links":{"self":[{"href":"https:\/\/sportstons.com\/wp-json\/wp\/v2\/posts\/301128"}],"collection":[{"href":"https:\/\/sportstons.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sportstons.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sportstons.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/sportstons.com\/wp-json\/wp\/v2\/comments?post=301128"}],"version-history":[{"count":0,"href":"https:\/\/sportstons.com\/wp-json\/wp\/v2\/posts\/301128\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sportstons.com\/wp-json\/wp\/v2\/media\/301127"}],"wp:attachment":[{"href":"https:\/\/sportstons.com\/wp-json\/wp\/v2\/media?parent=301128"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sportstons.com\/wp-json\/wp\/v2\/categories?post=301128"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sportstons.com\/wp-json\/wp\/v2\/tags?post=301128"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}