Due to debt, Belgian club members will sue 777 Partners, owner of SAF do Vasco | Vasco

Partners and the former owner of Standard Liège intend to sue 777 Partners, owner of the Belgian club and Vasco’s SAF. According to the Belgian press, the American group did not pay its shareholders and Bruno Venanzi the installments that fell due in April, each of 3.5 million euros (around R$19 million).

Advertising

Due to the debt, the two parties came together to go to court in the country to request the seizure of the club’s shares if they do not receive what is owed. The news comes just over two weeks after the local press reported that 777 Partners intends to sell Standard Liège, from Belgium, and Red Star, from France.

Furthermore, the American group is facing a fraud lawsuit in the United States. According to a report from ‘Bloomberg’, the company made a loan of 350 million dollars (R$ 1.7 billion), but presented as collateral supposed funds that do not belong to him or even exist. There are also 16 legal proceedings for debts.

Already In Brazil, the relationship with Vasco is also not good, with pressure from the associative club on the way it has been managing the SAF. Furthermore, with the team in the Brasileirão relegation zone once again, fans protested against the company, after the 4-0 defeat suffered by Criciúma, in São Januário, at the end of April.