777 Partners buy Genoa to become sixth American owners in Serie A

Italy’s oldest soccer team Genoa became the sixth Serie A side to come under American ownership on Thursday when Miami-based 777 Partners purchased the club.

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JOSIMAR: “Genoa CFC owners 777 Partners are attempting to re-structure their club's debt to the Italian tax authorities, which currently stands at over 106 million euro. The Italian club faces bankruptcy.”