Fraud and extortion claims emerge on West Ham United-linked investment group
777 Partners, who have been linked with Everton and West Ham are allegedly accused of fraud, extortion, and kidnapping, among many other things.
Reliable journalists Paul Brown and Philippe Auclair, in their combined article in Josimar Football [3 June], have revealed claims for the US court papers.
777 were linked with investing in the Hammers in the past and their founder allegedly has a drug trafficking conviction.
Via Twitter, Brown wrote, “777 wanted to buy #efc – but fraud, kidnapping, extortion, predatory lending & racketeering are just some of the things their companies are accused of in US court papers, & their founder has a drug trafficking conviction.
“777 are still trying to invest in a Premier League club. They were recently linked with WHUFC & SUFC. They own stakes in Sevilla, Genoa, Hertha, VascoDaGama, StandardLiege, RedStar & MelbourneVictory. But their business model ‘doesn’t make sense’ according to one source.”
Not needed
West Ham need money, as every club, but they cannot be getting involved with investors that have so many allegations against them.
The game is already being corrupted with greed and there are multiple factors here that make this a red flag.
Daniel Kretinsky purchased a significant stake and there was transparency in dealings – as it should be at any football club.
Such things lead to problems for the club in the future and the Hammers cannot be embroiled in all this.
After winning a European trophy, it’s time for them to kick on to the next level and build a side for the future under David Moyes and whoever succeeds him.
Thankfully, the 777 links no longer exist and it’s of utmost importance that they stay away from the club and the Premier League as well.
In other West Ham news, the Hammers are already preparing to cash in on the Declan Rice money as they hold a transfer meeting in London as they’re confident of sealing a £50million signing.