Present on Sunday in Sclessin, where they attended the meeting between Standard and Union Saint-Gilloise, the directors of the American investment fund 777 Partners, led by Josh Wander and Andres Blazquez, took advantage of their short stay in the Ardent city to, as planned, meet during the morning with the heads of several departments of the Liège club. As a first contact, but also to give some instructions as to the work to be done before the official resumption of registration number 16.
But the primary reason for their move to Liège was of course linked to the license file, for which Standard had received a favorable opinion in mid-March but conditional on a few elements and guarantees, financial and otherwise, to be provided by the new owner in order to ensure the continuity of the club until June 30, 2023. Including the signing of a “Share purchase agreement” (the sales contract which defines the terms of the transfer of ownership of the shares during the sale of a company ) by all parties, the filing of useful documents regarding the transparency of the new structure and the guarantee to carry out a capital increase of at least 15 million euros, including a minimum of 5 million immediately. It is that the “deadline” intervenes this Tuesday for the return of the updated file to the Licensing Commission, whose decision, positive, is expected for April 13.
After settling this file, the managers of 777 Partners traveled to Italy to attend, at the start of the evening, the very important duel between Hellas Verona and Genoa, which they also own. They should return to Liège in the second half of April, after the “closing”, i.e. the closing of the sale, to organize the press conference planned as soon as the acquisition of Standard is announced and to present the new organization chart of the club from Liège.