in

The Standard Officially Put Up for Sale

At Standard, the alarm bell had been ringing for some time now regarding 777 Partners. The past few weeks have seen things accelerate.

Failing to repay the amounts due for the purchase of the club, the American investment fund was therefore legally obliged to hand over the club to another investor.

For Sale

As announced by La Dernière Heure – Les Sports, the process of putting the club up for sale has officially begun and has been entrusted to the investment bank Moelis & Company. The first candidates have already expressed their interest, but it will take some time before the final sale is concluded.

At the moment, it is known that Bruno Venanzi has been mentioned, but not to take over the club alone. The idea would be to find other investors to accompany him in saving the club and then allowing it to get back on its feet.

The name of Luciano D’Onofrio has also been circulating quite a bit, and on the side of the supporters, the idea is quite appealing. However, the main interested party has not yet commented on the matter, and it is unclear to what extent he may or may not take over the Liège club.

Foreign investors may also come forward, but the goal is to ensure local anchoring, which was not the case with 777 Partners, who notably relied on Fergal Harkin for recruitment.

Written by Jose Machino

Leave a Reply

Your email address will not be published. Required fields are marked *

GIPHY App Key not set. Please check settings

    Leverkusen wants a Bruges player this summer. The jackpot?

    Timmy Simons Leaves Dender to Become Westerlo’s Coach