A background report on Maimi-based U.S. sports investor 777 Partners and its founder, Josh Wander, outlines its ethically questionable business practices. Since its founding in 2015, 777 Partners has invested in a total of 8 soccer clubs worldwide, including Genoa in Italy, Sevilla in Spain, and Herta BSC in Germany. In September, Premier League club FC Everton informed that Farhad Moshiri had sold his 94.1% stake in 777 Partners.
Everton Football Club's owner, Farhad Moshiri, reportedly received over £400m from companies linked to Russian billionaire Alisher Usmanov before Usmanov faced sanctions. According to The Guardian, Moshiri borrowed £145m from a Usmanov-owned company around 2020. Between 2018 and 2022, Moshiri sold shares worth about £270m in a company where Usmanov was the primary shareholder. They might have been gifted to him.