According to the Daily Mail, US Miami based 777 Partners have been the latest name to be linked to a takeover of West Ham.
The report suggests the American price equity firm, which controls £5 billion in assets, will turn their attention to West Ham United or Sheffield United if they fail in their attempt of a £400m takeover of Everton. The company, founded by Josh Wander and Steve Pasko already owns or partially owns several football clubs around the world, including Genoa C.F.C. in Italy, Standard Liège in Belgium, Red Star F.C. in France, CR Vasco da Gama in Brazil, Hertha BSC in Germany, Sevilla FC in Spain and Melbourne Victory FC in Australia.
In 2019, 777 Partners bought the London Lions, London’s sole professional basketball team. They then invested £7 million for 45% of the British Basketball League (BBL).
Whether West Ham would be an attractive investment for them remains to be seen as the current shareholders would likely want close to a billion pounds in the current market.
The new speculation comes days after a potential Qatari takeover if Sheikh Jassim bin Hamad al Thani fails in his attempt to buy Manchester United. Recent reports suggest Sir Jim Ratcliffe leads that battle, but the Qataris are more likely to turn their attention to Spurs than West Ham if they miss out.
As with previous takeover speculation, West Ham shareholders have had no approach or enquires from either party at this stage.
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