777 Partners

777 Partners
Company typePrivately-held investment company
FoundedSeptember 1, 2015; 9 years ago (2015-09-01)
Founder
  • Steven Pasko
  • Josh Wander
Headquarters
Miami, Florida
Number of locations
3 (Miami, London, New York City)
Key people
  • Ian Ratner (executive of B. Riley Financial, from May 6, 2024)
  • Ronald Glass (executive of B. Riley Financial, from May 6, 2024)
  • Steven Pasko (co-founder and former managing partner, until May 6, 2024)
  • Josh Wander (co-founder and former managing partner, until May 6, 2024)
Subsidiaries

777 Partners is an American private investment company based in Miami. Founded in 2015, it acquired several soccer clubs, such as Genoa CFC in Italy, Standard Liège in Belgium, Red Star FC in France, CR Vasco da Gama in Brazil, and Hertha BSC in Germany. It has minority shareholdings in Sevilla FC in Spain and Melbourne Victory FC in Australia. The company owned the London Lions basketball team and had a large minority stakeholding in the British Basketball League (BBL). The company is also a shareholder in low-cost carrier Flair Airlines.

777 has faced lawsuits over alleged non-payments in the United States, and also in Belgium, where a court ruled that its assets could be seized.[1][2][3] It has had aircraft seized in Canada due to alleged non-payment,[4] and its airline Bonza went into voluntary administration in 2024,[5] the same year that the BBL's operating company had its license revoked by British Basketball.[6] In July 2024, A-CAP, an American insurance firm investing in 777, wrote to all of its soccer clubs informing them that it was their new owner.[7]

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  7. ^ "Le Standard a changé de propriétaire : voici ce que révèlent les nouvelles accusations contre 777 Partners et A-CAP au Tribunal de New York" [Standard has changed owner: here is what the new accusations against 777 Partners and A-CAP at the New York Court reveal] (in French). RTBF. September 3, 2024. Retrieved October 3, 2024.