Genoa’s top management is in the midst of a crisis. The American holding company 777 Partners, which in the space of three years has set up a huge timeshare by purchasing companies around the world, is rapidly taking a step back in recent weeks, putting all the clubs that are part of it in crisis. Among these also Genoa who sold two of their best players in the summer – Gudmundsson to Fiorentina, Retegui to Atalanta – with results that are there for all to see today.
Yesterday the Norwegian portal Josimar revealed the eviction of 777 Partners from the offices in Miami, Newport and Londonbut also the putting up for sale of Josh Wander’s yacht and plane for a total valuation of just under 22 million dollars. “The Josimar investigation? Nothing new – said the CEO of Genoa Andreas Blazquez to ‘The XIX Century -. We know what we have to do and we will do it: make Genoa safe.
A few weeks ago he entered the scene with a leading actor role A-Capmain financier of 777 Partners with over two million euros injected into the fund. The US company has effectively taken charge of the football clubs and has entrusted Banca Moelis with the task of evaluating their sale. “Genoa – continues Blazquez – is today still owned by 777 Partners. A-Cap, the creditor company, has every interest in preserving or if possible increasing the value of Genoa, also with a view to a total or partial sale of society which will have to happen in the short-medium term”.
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