The silent partner behind 777’s buying spree
December 8, 2023 by Liz Hoffman
777 Partners, the sports investor whose finances are now under intense global scrutiny, has had a silent partner for years: the chief executive of a U.S. insurance company, whose customers have unwittingly funded 777’s rapid expansion through a web of previously unreported transactions.
Click HERE to read the full story via Semafor
Wink’s Moore on the Market: Man! This crap scares the heck out of me.
Remember the last time a PE-owned insurer got in trouble for purchasing a sports team? -sjm
Originally Posted at Semafor on November 22, 2023 by Liz Hoffman.
Categories: Industry Articles