Vasco da Gama, a historic Brazilian football team through which figures such as Romario have passed and which even played against Real Madrid in the 1998 Intercontinental Cup, has had some difficult years installed in Series B but this situation could have its hours counted after the purchase of 70% of the club by 777 Partners, a business group that owns Genoa and also has shares in Sevilla.
The 777 Partner Plan
The investor, 777 Partners, is a company that was founded in Miami in 2015 and that has in its plans to develop in the style of the City Group throughout the entire planet. At the moment there would already be three clubs where their investment is important for their economic solvency.
The total investment will be around 120 million euros over the next three years and all of this will serve first to clean up the club’s difficult economic situation and then to strengthen the squad with the clear objective of returning to the Brasileirao. For this 2022 the disbursement, which will be made in several tranches, is expected to be around 33 million euros, a very important amount for a club in the Brazilian second division.
Vasco da Gama’s present
Vasco da Gama first has to settle the accumulated debt due to delayed wages and payments to suppliers and then he will be able to focus on the sports part a few weeks before the start of Series B and in the midst of the Rio state dispute.
Vasco da Gama is currently in second place in the state championship, just behind Fluminense and with a great record of six wins in eight games. Of his squad, it is worth mentioning Nené, an idol among the fans, the veteran goalkeeper Vanderlei or the Argentine Sarrafiore. The wish of the fans is that soon the most outstanding names of the team will be even more stimulating and serve for Vasco da Gama to once again become a giant on the continent.