Home Football US businessman tied to global football empire indicted in $500m fraud case

US businessman tied to global football empire indicted in $500m fraud case

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  • Josh Wander accused of defrauding investors

  • 777 Partners held stakes in global soccer clubs

  • Case renews scrutiny of multi-club ownership model

An American businessman whose firm invested in several European soccer clubs that struggled under its ownership has been indicted in New York on charges of financial wrongdoing in an alleged $500m fraud scheme.

Josh Wander was a co-founder of Miami-based 777 Partners that owned stakes in an Australian airline plus soccer clubs Hertha Berlin in Germany, Genoa in Italy, Standard Liege in Belgium and Vasco da Gama in Brazil.

Continue reading…Josh Wander accused of defrauding investors777 Partners held stakes in global soccer clubsCase renews scrutiny of multi-club ownership modelAn American businessman whose firm invested in several European soccer clubs that struggled under its ownership has been indicted in New York on charges of financial wrongdoing in an alleged $500m fraud scheme.Josh Wander was a co-founder of Miami-based 777 Partners that owned stakes in an Australian airline plus soccer clubs Hertha Berlin in Germany, Genoa in Italy, Standard Liege in Belgium and Vasco da Gama in Brazil. Continue reading…