Takeover of Standard: how 777 Partners beat JKC to the post


Friday will finally have seen the file switch at the very last moment.

Bruno Venanzi got up this Saturday morning tired but no doubt calm. After (too) many months of negotiations, the 51-year-old from Liège has finally closed the process of selling Matricule 16.

But as Standard is a special club in Belgium where nothing ever seems to go as planned, it was a big turnaround that took place during the day on Friday to lead to the announcement, after 11 p.m. , of an agreement for the complete buyout of Bruno Venanzi’s shares by the American investment fund 777 Partners. One year and seven months after the announcement of the arrival of François Fornieri (it was August 3) in the capital of the club in equal shares with Bruno Venanzi (the marriage will never be consummated and even canceled in November of the same year).

Since this episode, Bruno Venanzi has never stopped looking for investors capable of helping him in his task, he who was tired of managing the club alone financially.

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