777 Partners acquires Belgium’s Standard Liege


777 Partners, based in the United States, has agreed to buy Standard Liège, a top Belgian soccer club.

The deal for 777 Partners to buy all of owner Bruno Venanzi's shares has been signed by both parties, and it is expected to close in a few weeks.

This is the Miami investment firm's third major club purchase in the last six months. In September, the company purchased full ownership of Genoa C.F.C., Italy's oldest football club, and announced plans to buy a 70% stake in Vasco da Gama, one of Brazil's top soccer clubs, last month.

777 Partners also owns a significant stake in Sevilla FC of Spain, the British Basketball League, and the London Lions basketball team. Fanatiz, a streaming service for European and Hispanic audiences in over 90 countries, is also owned by the company.





Photo credit: © Jean Marc Pierard, Dreamstime.com

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