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tsf
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Melbourne Victory has secured its financial future after the death of former director Mario Biasin, with an American private investment firm to add the A-Leagues club to its growing network of teams across Europe and South America.777 Partners, a Miami-based private equity firm which owns stakes in La Liga side Sevilla, Serie B team Genoa, Paris-based Red Star FC and Brazilian club Vasco De Gama, will be unveiled as Victory’s newest shareholders on Wednesday.
The Australian putting it as a record sports club evaluation in Australia.
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tsf
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Also signed the biggest sponsorship deal in their history. A four year deal with Bonza,
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Melbcityguy
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+xAlso signed the biggest sponsorship deal in their history. A four year deal with Bonza, Yes. This is good news so this thread will only get four replies
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tsf
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check out some of the heads on their HR and legal department https://www.777part.com/people/:D:D:D:D:D:D:D
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numklpkgulftumch
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+xAlso signed the biggest sponsorship deal in their history. A four year deal with Bonza, Owned by 777 But don't actually fly......
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Monoethnic Social Club
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hahahaah looks like your club is in very good hands..... foreign ones but eh, whatever. Miami sportwashing...... hahahahah
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tsf
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+xhahahaah looks like your club is in very good hands..... foreign ones but eh, whatever. Miami sportwashing...... hahahahah They have only taken over Metricon's asset from what I can see, so obviously have influence but no majority
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bettega
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Both the evaluation and the record sponsorship deal are both good news for Victory, and it's something positive for the A-league as well at this point.
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robbos
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+xBoth the evaluation and the record sponsorship deal are both good news for Victory, and it's something positive for the A-league as well at this point. Yes great news for Victory, very positive for both them & the A-league. Hopefully only victory for MV this week.
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robbos
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+x+xAlso signed the biggest sponsorship deal in their history. A four year deal with Bonza, Yes. This is good news so this thread will only get four replies No MSC is already on, so that ensure a few more posts.
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Monoethnic Social Club
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+x+xhahahaah looks like your club is in very good hands..... foreign ones but eh, whatever. Miami sportwashing...... hahahahah They have only taken over Metricon's asset from what I can see, so obviously have influence but no majority PPPFFFFFTTTTTT they're just another ethnic club now, like the rest of us :)
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Monoethnic Social Club
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+x+x+xAlso signed the biggest sponsorship deal in their history. A four year deal with Bonza, Yes. This is good news so this thread will only get four replies No MSC is already on, so that ensure a few more posts. Have you looked up "Multiculturalism" in the dictionary yet turbo? Too busy looking at pictures of girls 1/4 your age on the internet eh you dirty old bugger....
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robbos
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+x+x+x+xAlso signed the biggest sponsorship deal in their history. A four year deal with Bonza, Yes. This is good news so this thread will only get four replies No MSC is already on, so that ensure a few more posts. Have you looked up "Multiculturalism" in the dictionary yet turbo? Too busy looking at pictures of girls 1/4 your age on the internet eh you dirty old bugger.... See what I mean.
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BrisbaneBhoy
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+x+x+x+x+xAlso signed the biggest sponsorship deal in their history. A four year deal with Bonza, Yes. This is good news so this thread will only get four replies No MSC is already on, so that ensure a few more posts. Have you looked up "Multiculturalism" in the dictionary yet turbo? Too busy looking at pictures of girls 1/4 your age on the internet eh you dirty old bugger.... See what I mean. 😄
🇮🇪Hail Hail🇮🇪
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Midfielder
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seems os folk have more faith in Australian Football than locals...
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bohemia
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+xseems os folk have more faith in Australian Football than locals... OS investors know football is a capitalist game. Australian bureaucrats go about their lives fighting it every way they can find.
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playmaker11
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Yuck.
By now, American Samoa must have realised that Australias 22-0 win over Tonga two days earlier was no fluke.
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Monoethnic Social Club
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Yuck is correct answer :)  https://josimarfootball.com/2023/07/03/the-777-football-mystery/From cocaine smuggling to threatening disabled people and kidnapping the children of drug addicted clients,...... great to know APL vetted the overseas owners carefully.
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numklpkgulftumch
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A Ponzi scheme being fleeced by another Ponzi scheme Who'll survive ? 
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numklpkgulftumch
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So,
1. 777 charge Victory a 'hefty' interest rate,
2. Cashless Victory pay it with shares so
3. 777 end up with 70% of the club without much more cash layout ?
is that how it works ?
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numklpkgulftumch
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Sevilla, for all their improbable triumphs in the UEFA Europa League, have lost close to 60 million euro over the last couple of years, and according to reports in the Spanish media, have transfer-listed their whole squad at the end of June in order to service the 90 million euro debt. Genoa has announced losses of 61.7 million euro for the 2021-22 season, whilst Vasco de Gama’s deficit was just under 22 million US dollars for the same period. Standard Liège did not fare any better in 2021-22, losing 20.2 million euro, and nor did Red Star, who were reported to be in the red to the tune of 2.4 million, a fortune for a club playing in the National, the third tier of the French football pyramid. Hertha BSC’s accounts for 2021-22 reveal a consolidated loss of 79.6 million euro ( compared to a 83.3 million for the previous year) which makes it easier to understand why Windhorst was keen to find a buyer. Last, Melbourne Victory FC was 4.5 million US dollars short of breaking even last season. Is this right ? 
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tsf
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Finally some real football club owners in the A-League! lol
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Monoethnic Social Club
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+xFinally some real football club owners in the A-League! lol Hahahahah its OK mate, they dont have any "effnik" flags in their offices.
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Monoethnic Social Club
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+xA Ponzi scheme being fleeced by another Ponzi scheme Who'll survive ? The FA and all the proper clubs outside of APLs influence.....
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tsf
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+x+xFinally some real football club owners in the A-League! lol Hahahahah its OK mate, they dont have any "effnik" flags in their offices. I remember years ago, being with mates at a Balkan club, the coke dealer was not only giving everyone a good time but at the end of the game the officals all came in to collect money off him and then also to hand out to all the players who hit their targets for the game :D
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Monoethnic Social Club
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+x+x+xFinally some real football club owners in the A-League! lol Hahahahah its OK mate, they dont have any "effnik" flags in their offices. I remember years ago, being with mates at a Balkan club, the coke dealer was not only giving everyone a good time but at the end of the game the officals all came in to collect money off him and then also to hand out to all the players who hit their targets for the game :D hahahah I don't doubt that one tiny bit......... Who was the club in the 90s (Im almost positive it was former Yugo country post breakup but could be wrong) that had the owner's drug dealer as the front of shirt sponsor?
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tsf
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+x+x+x+xFinally some real football club owners in the A-League! lol Hahahahah its OK mate, they dont have any "effnik" flags in their offices. I remember years ago, being with mates at a Balkan club, the coke dealer was not only giving everyone a good time but at the end of the game the officals all came in to collect money off him and then also to hand out to all the players who hit their targets for the game :D hahahah I don't doubt that one tiny bit......... Who was the club in the 90s (Im almost positive it was former Yugo country post breakup but could be wrong) that had the owner's drug dealer as the front of shirt sponsor? h aha I don't know. But I remember some pretty wild stories about Arkan in Serbia
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numklpkgulftumch
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+xSevilla, for all their improbable triumphs in the UEFA Europa League, have lost close to 60 million euro over the last couple of years, and according to reports in the Spanish media, have transfer-listed their whole squad at the end of June in order to service the 90 million euro debt. Genoa has announced losses of 61.7 million euro for the 2021-22 season, whilst Vasco de Gama’s deficit was just under 22 million US dollars for the same period. Standard Liège did not fare any better in 2021-22, losing 20.2 million euro, and nor did Red Star, who were reported to be in the red to the tune of 2.4 million, a fortune for a club playing in the National, the third tier of the French football pyramid. Hertha BSC’s accounts for 2021-22 reveal a consolidated loss of 79.6 million euro ( compared to a 83.3 million for the previous year) which makes it easier to understand why Windhorst was keen to find a buyer. Last, Melbourne Victory FC was 4.5 million US dollars short of breaking even last season. Is this right ? Crikey ! it is https://www.theage.com.au/sport/soccer/record-financial-loss-at-melbourne-victory-as-us-ownership-looms-20221231-p5c9kr.htmlMelbourne Victory lost $6.7 million and was in deep financial trouble just months before it struck a deal that could hand control of the club to a US private equity investor within five years. So bad were the financial problems at the A-League’s best supported club that Victory’s auditors warned there was “material uncertainty” it could continue as a “going concern”, the club’s 2021-22 accounts show.
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numklpkgulftumch
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+x+xAlso signed the biggest sponsorship deal in their history. A four year deal with Bonza, Yes. This is good news so this thread will only get four replies The private equity investor was given the option to own up to 70 per cent of the club within five years through an investment of up to $30 million, the documents show.
After four or five years, 777 Partners also had the right to walk away from Victory and be repaid the $30 million at a compounding interest rate of 10 per cent a year.
The deal would also give it a preferential position over existing shareholders if Victory was liquidated.
When the deal was announced, Victory chairman Anthony Di Pietro described it as a “strategic investment” that would “supercharge its growth strategy”. 
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bohemia
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Thankfully there was a lot of action taken at league and club level to ensure that MV's attendances/revenues shot right back up in the next season
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