Head of Miami-based investment firm 777 Partners alleged to have ‘defrauded lenders and investors out of nearly $500mn’
Three US life insurers in ‘hazardous financial condition’ after sports buying spree unravels
Olympique Lyonnais owner John Textor at odds with regulators over team finances and multiclub ownership model
Deal could end years of uncertainty at debt-laden Premier League club
US car sales tycoon and AS Roma proprietor owns Hollywood production studios and flew a Spitfire in film ‘Dunkirk’
Watchdog probes conflicts and ‘undue influence’ in insurers’ interests in associated assets
British-Iranian owner Farhad Moshiri says the sale and purchase agreement has ‘expired’
AM Best warns of ‘irreparable damage’ if court bars it from publishing view on insurers exposed to Everton bidder
Also in this week’s newsletter, English football’s casino league and Aston Villa’s grand ambitions
Investment firm accused of fraud by lender in lawsuit filed last week
New setback for Miami-based investment firm’s attempted takeover of Premier League football club
A-Cap firms move to stop AM Best from downgrading its assessment of their financial strength
World Athletics’ bonus plan sparks debate and the peace deal that could bring European football to America
Potential for forced sales arises after Miami firm comes under scrutiny over football investments
US insurer with extensive links to investment group looks to raise capital and regain control of assets ceded to reinsurer
Deal makes fund the latest American investor to buy into English Premier League
Miami investment group says cross-selling opportunities justify its bets on struggling clubs
Private equity group 777 bought the struggling team for a fraction of the financier’s original €374mn investment
Sale to US private equity group at undisclosed price hinges on approval from football club and Bundesliga
