how NOT to own multiple football clubs 

i cannot believe maqwell made a video discussing the gigantic, colossal, biggest club in the world vasco da gama

Little correction on Hertha: 777 doesn‘t „own“ the club. The club members still have a commanding stake of 100%.

2 things: 1- The only good 777 is the plane. 2- the image at 1:10 is missing Brazilian Club Bahia FC, who was officialy bought by the man city football group this year and is supposed to be on second place in the priority list, behind Manchester City.

I love latinas

Crazy to think that Genoa is still the most stable club in its city despite all of this

As a Melbourne Victory fan, coming off our worst seasons since founding (both on and off the pitch), and in a league which is already suffering financially, I wouldn't be surprised if my club ceases to exist altogether within 5 years.

Just as a comparative: John Textor, the guy who owns Lyon and Crystal Palace, bought Botafogo basically at the same time as 777 bought Vasco. Only difference was Vasco was still at Serie B and Botafogo had just got promoted back to Serie A. On 777's first year at Vasco, they barely got promoted back to Serie A, and Botafogo, meanwhile, was growing under Textor's ownership and got a spot at this year's Sulamericana Cup (equivalent of the Europa League). On the second year of ownership, though, Botafogo is the leader of the Serie A with a 10 point gap over second place, while Vasco won 2 matches in 14 and is sitting at 19th. Botafogo is the model of how a business club should be operated. Oh, btw, you seen how 777 name dropped Flamengo on their plan and said they would be closing the gap? Flamengo thrashed Vasco 4-1 just about a month ago, and off the pitch, Flamengo is making headlines making record breaking deals in brazilian football, while Vasco is struggling to even find a coach. 😂

Make a video on how the Canada federation could go bankrupt, the men’s and women’s teams are considering striking

The situation with 777 in Vasco da Gama is pretty strange. I'm not sure if they are going to pay those clubs for the 2023 transfers, but let's suppose they'll do: Vasco spent R$ 110 million (23 million dollars) in January, but with some questionable signings: R$ 20M in an unproven argentinian winger (Orellano), 32M in two shaky center backs (Capasso and Léo), 20M in a one-season wonder striker (Pedro Raul) and in a right-back that can't defend (Puma Rodriguez). The only good signings were Jair, Lucas Piton and maybe Leo Jardim. But that's not the main problem: 777 has contractual obligations to provide some cash injections. In July 2022, before the deal was completed, Vasco took a R$ 70M loan with 777 (from R$ 700M they are supposed to invest) to pay debts and wages, because the situation was terrible. In September, the deal was finished and 777 made a new investment of R$ 120M. Everybody thought that this R$ 120M investment would be used to buy new players for 2023, but in fact, they only have paid for the transfers of Pedro Raul and Orellano (this week they also paid for Leo Jardim, in the last day before getting a transfer ban). Now we are waiting for a new cash injection that is scheduled to happen in September (R$ 190M), but as Maqwell said in the video, teams are already going to FIFA to get their money. And it gets weirder because we don't know if they are using their cash injections or the club revenue itself to buy new players. Pedro Raul was already sold to Toluca for R$ 24M (that was a miracle), Eguinaldo for R$ 21M to Shakhtar Donetsk and, of course, Andrey Santos to Chelsea for R$ 68,4M. So that's the thing: we have spent 110M in a shit squad, our stadium is falling to pieces (777 did absolutely nothing to change it since they arrived) and now we are looking desperately for new signings to avoid our fifth relegation in 15 years (Vasco had never been relegated before that). As I write, Vasco is in the last place of Brasileirão with only 9 points in 14 games, terrible start.

1:52 damn this club is cheaper than my Nintendo Switch

As a Hertha supporter since 2005, I can't thank you enough for making this video on 777. I pray for the day all the teams currently under their wing return to being free of these scumbags.

As a brazilian football fan born and raised in the city where Vasco da Gama is located and old enough to remember why my fellow brazilians on the coments call the club "Gigante", I can say that nothing really changed in the club after the 777 made the acquisition. The squad consists of players that flopped hard or were overlooked on other brazilian teams, old players on their last big contract, untested youths and those that came from smaller clubs and leagues with nowhere near the same intensity. Hell their star player is Alex Teixeira, one of the first ones to hop on the China's Superleague train. And to twist the knife further, all of Vasco's main rivals are doing far better... Flamengo and Fluminense are on the top part of the league and on the Round of 16 at Libertadores and Botafogo, that also operates as a SAF, is doing a Bayern by leading the league 10 points ahead of the second place.

They wanted Everton aswell. Also I've never heard someone say 777 so much

Multiclubs aren't necessarily the future, though some business models can work. Botafogo, another brazilian team from Rio de Janeiro, was bought after being promoted from the second division, in 2022 and, as of july 2023, appears to be a future national champion. Fluminense, even though the clubs has it's problems, are not part of a network, nor it os filthy rich like it's rival, Flamengo, who also is not a SAF or anything of the sort. There are possible futures without a "only clubs as business companies", but it does demand a lot of professionalism, planning and good managing. Rich, however, will be dominanting the game, just as much as they always been: the european butt load of cash continues to take players from other continents, now the arab clubs are doing kind of the same thing...

Finally Vasco da Gama being mentioned

Drinking game, take a shot every time maqwell says 777….

Madureira fan, we play Vasco once a year on the state league. Holding them to a draw was pretty funny but I had a feeling that this was not gonna end well.

1:50 “acquired Vasco de Gama for 330 dollars” Oops

Seeing Vasco's shield on a Maqwell video makes me feel funny. Btw, come to Brazil Maqwell

Everton are finished lmao

First the shirt, now this, I feel tortured as a Hertha fan

Who came here after Everton?

Mano simplesmente o maqwell falando do meu vasco kksksksks

RIP Everton 😭

Maqwell está vivo e vai jogar no Vasco

Just a small correction: SAF is not a minority shareholder. SAF is what is called brazilian football clubs as enterprises. This is new, in Brazil. Up to 2019 all the clubs were... clubs. Owned by the paying associates. Now football clubs can become SAFs and sell their stakes.

Everton Fans Rejoice! We now have the best owners in the world

Anyone here after they’ve now bought Everton. Yep, we really have no luck.

Watford x Udinese ownership is probably the weirdest. Both average clubs in each country I feel like the owner keeps the both clubs mid lol

Vasco's situation gets a little more sad once you look at certain things, they have just been passed in the league table by Coritiba, who just won their first 2 games in Série A and also the fact their rivals are doing so much better, specially Botafogo who operates in a similar business model under John Textor (Crystal Palace, Lyon). Also last year it wasn't so simple, they had a last game against Ituano where if they lost they wouldn't actually get promoted, there was a penalty, which Nenê (Vasco) scored, and a red card against Ituano, but even then Vasco were playing as if they were the team with 10 men, and eventually Andrey Santos (Chelsea) got a red card as well and made the game more nerve wrecking for Vasco fans. Love seeing Brazil in foreign videos, even if it is most of the time for the wrong reasons😅 🇪🇪

Update After 17 games, Now Vasco has 9 points What is the lowest amount between Brazil First three divisions And they just lost a transfer because the other club asked to some prof that they would be paied (what they didnt showed)

maqwell talking about vasco da gama makes me so happy and im a flamengo fan LMAO

Having little investment from the owners is something I can relate to as a FC Dallas fan. We spend barely anything on transfers, marketing or the stadium, and it feels like the Hunt family only cares about the Chiefs in the NFL

Vasco is soon going to play for Vasco

I took a shot for everytime you say “777” I am currently sending this message from the afterlife 😂

I'm a Brazilian fan of Vasco da Gama, and I'm Sad to see that today, July 24 of 2023, Vasco IS in The last position of The Brasileirão. But your content is great and i support it

1:53 Its insane how they bought 70% of a football club for only $330 and it was brazil's biggest football transaction ever.

Dec. 7 2023: 777 are (for now) sighing in relief as one of their clubs (Vasco da Gama) beated Red Bull Bragantino 2-1 and avoided relegation to Série B However, just for now

Take a Shot 🥃 every time maqwell mentions 777

no way maqwell upload day ruined

At Vietnam, there is 1 person who owns multiple club in the same league.

as genoa fan i have to say they bought the club from a president who was bleeding the club dry and when they bought the club it was already close to the end of the season and it was already very likely the would get relegated. And now they have bought many players and seem to spend much money on trying to benefit the club in genoa you almost wont find a fan who isnt thankfull of 777 partners this season we shattered the all time record of season tickets sold and the motivation from players management and fans seems to be at an all time high so i as agenoa fan really am thankfull of their immense investmen in the club. Ofc i know that this is a doubleedged sword but i think it will pay off

Im brazilian and i was not expecting to see Vasco in one of your thumbnails lol

Vasco da Gama looks to soon be as dead as the explorer Vasco da Gama

That's actually wild, I own both a Vasco and Red Star jersey.

The greatest mistake of Vasco's deal was to sell for the first enterprise that proposed a money deal and not make a good market evaluation. 777 had made similar offers to other 3 brazilian clubs: Botafogo, Cruzeiro and Bahia, and all of them refused. Months later, the clubs managed best deals with other buyers, and now they are in a better moment than Vasco. Also, 777 partners had promissed impossible achievments to a club recently promoted from second division as Vasco. The biggest one was to make the club as strong as their city rivals Flamengo in less than a year, wich didnt happened, 777 forgot that Flamengo is the richiest club in South America and among the top 30 richiest clubs in the World. It takes time to do so Now Vasco has spent loads of money in terrible and expensive players, have won 2 matches in 14 in the League, has no Manager and is facing relegation again.

Your channel is a banger. Love the content

This is not surprising in the least. If businesses and single people are able to buy a club completely, you would expect single people or businesses to buy multiple clubs. It is an interesting fact, that many people don't think about or ignore as it sounds strange, but unrestricted capitalism hurts the market economy. If a market is unregulated a few rich entities, often those that have made their money elsewhere will start to control more and more. To insure competition its important that the more you have, the higher the regulations are. We are talking about people you could tax 95% and that could still buy a yacht, a mansion and a private aircraft. Btw I don't know how companies seem to always be able to just sponsor clubs like Hertha, it should be blocked under the German rules and should be blocked in any reasonable system.

It's a good day when Maxwell uploads

2:13 I guess I just witnessed the most german way to pronounce Hertha Berlin by a non-native speaker.

I'm Belgian and for standard the team played one of their best seasons in a while and were sometimes playing really good but indeed behind the scènes it's one big mess

Formally, Lotito doesn't own Salernitana anymore, because for Serie A rules you can't have 2 teams in the same division

Bem vindo ao gigante, Maqwell!

maqwell and zealand are the only Americans i’d trust to own my club

I have no clue how Vasco actually accepted the deal proposed by 777. In Brazil, Vasco is a really big club with a ton of supporters and a lot of championships in the past. I’m not a Vasco supporter, but I’m pretty sure they could have gotten other deals if they didn’t sign with 777. I still have no clue as to why Vasco chose to sign with 777 after reviewing their track record with the other clubs they own, seems very unprofessional and probably even corrupt.

The problem with vasco is the ones they put it on to manage the money that 777 invested on the team, the CEO until august 1st was Luiz Mello, a Flamengo socio-supporter (yes they put it this guy at the command) and Paulo Bracks, that take 1 month to negociate with teams and players, for in the end the negociations end in nothing.

Brazil's memey new way to say someone died is saying that they started playing for Vasco

Fantastic watch as always 👊🏿

Everton now 😂😂😂

as a Brazilian and a vascaíno (Vasco da Gama fan) i can confirm they ARE destroying this team. they need to leave.

I am a Flamengo supporter since i was i child (born Flamengo, Die Flamengo) and Vasco da Gama is one of our biggest rivals, even if they are rivals i must say that i am sad about the situation they are right now. Nowadays Flamengo and Palmeiras are the two clubs that are "sharing the throne" on south american football (see the last Libertadores, Brasileirão Serie A , Brazilian Cup and other titles, Flamengo and Palmeiras are on the recent winners how A LOT) and Vasco is a great club that have the potential of this too, but today they are the last of the league table and they are fighting an almost lost war agaisnt the relegation (In 1998 Vasco da Gama was the Libertadores Cup champion, they have won a lot of continental and national titles and played very well against Real Madrid at the 1998 Intercontinental Cup, also they had 0 relegations, today they have 4 relegations (maybe 5 at the end of the season) and they are not winning big titles since 2011...

watching this video in 2074 maqwells video got me through a tough time back in 1873

red star was one of my first clubs on football manager so i’m very scared for the future of the club

1:45 he said "330 dollars"; "Brazilian football biggest transaction ever". lol

Being a Melbourne Victory (my hometown club) and Hertha Berlin fan, seeing 777 buying both in such a short time was a bit strange, became quite concerning when I saw how many others they were throwing money at, we (Melb Victory) are so blatantly the lowest priority that I am baffled as to why they even bothered. Our derby rivals, Melbourne City FC, are owned by City FG and although they definitely one of the smaller clubs in the CFG, seeing their exponential growth in the league and also the investments made by CFG to their academy and facilities has been impressive, annoyingly CFG have really nailed it when it comes to giving Melb City everything it needs to be a dominating club in the A-League.

As a standard de Liège fan speaking yes they haven't spend the moast on transfers but that is because they payd of al the depths op the club made by the previous owner but the transfers they did make where realy good ones they also apointed fergal harkin sporting director of the club (ex Manchester City) they also apointed yaya toure as our assistent coach and we had a really good season getting back in the top 6 of te leauge after bateling against relegation in moast of the previous season under the different owner and they are trying to get the club self sustainable again

Genuinely thank you for being a good RU-vidr wis your videos repeatedly showed up in my feed more than some of the shit i get

I think we need to respect how good the city group is actually done, most of those teams(apart from girona) are not historical or are teams that will never get anywhere even with a lot of money. City group basically focus on fiding talent in those countries, you can tell by the ones on Montevideo or NYC.

If Vasco da Gama saw this club, he would’ve wished he never passed the Cape of Good Hope

Série B Brazilian League last year Cruzeiro, Bahia and Vasco became companies to get money injected. Vasco and Bahia are in relegation zone. Cruzeiro in 11th i think. Grêmio remained a pure club, owned by the fans, with elected counselors, president, etc. Grêmio is currently at second in the league and semi final of Brazil Cup.

There are more examples of multi-Club ownership with Brighton and Brentford. These are Clubs that enjoy a reputation of gaining success the right way but they also profit from it

777 update: 777 want to buy everton.

As a Nac Breda fan, we bullied the city group away because we knew we weren’t priority for the group. So ye that image of the global reach isn’t really true

777 plundging Vasco into relegation for the club's 5th time is just their way of honouring Brasileirao heritage

the last thing i expected was you talking about Vasco

do 22/23 prem predictions reaction please I love those

10am: Was ready to jump out of a tower 13pm: my life is perfect after watching Maxwell essay

And now they target evertom for ruin

Wow! Looks like Everton might be screwed

You should do a video about Bury FC and their expulsion from the English football league

What a beautiful kit!

i forgor red star bangui existed thankyou for reminding me

Melbourne City are own by the City Football Group, Melbourne Victory are owned by 777 Partners

Buenos días to you too maxwell

City football group is as of now the most succesful in this type of structure, no club has had its players fed to city instead city academy players have gone to other teams like troyes.

777

Wow Maqwell talking about Red Star FC, as a French person I feel special

As a fan of Vasco da Gama, I can say that 777 doesn't know crap about football and doesn't care about the fans in general. We urged our Gigante to be bought because we got tired of Série B and wanted to bring back our glorious days. But we are still living the nightmare and with the risk of being relegated again. With Vasco I can't have a single day of peace.

Loved the jersey. I am a Arsenal's fan from Brazil.

They just bought Everton

The irony in an Argentine club asking FIFA to punish Vasco for a player that hasn’t been paid off when there’s clubs in Argentina that haven’t paid off MULTIPLE players for MULTIPLE clubs

Maxwell brother, it is Melbourne Victory not City and stuff did already happen with them. Their ultras ran on the pitch during the derby and punched the City goalkeeper due to protest after their owners were apart of a sellout campaign for our league.

KKKKKKK ENTREI SÓ PRA VER O GIGANTE DA COLINA SENDO MENCIONADO

FIFA needs to step in immediately before this gets out of hand. Look at America. You want 3 corps to eventually own everyone? All of these teams will be sucked dry and it is very sad.

I guess Everton are finally doomed. RIP.

are we done with twitch for the year or there is another possible stream

Why can't I manage clubs this badly financially in Football Manager? The unrealism!!!

É o gigante ali? 🧐☕️

Maxwell repping the drip❤❤

Thank you for this video. 777 also has a majority stake in the British Basketball League… as well as an ownership stake in the London Lions… who play in that very same league. No conflict of interest there, right? Basketball is a minority sport here in the UK and unfortunately, the government would rather invest in Olympic medal winning sports (e.g. archery and shooting) instead of a sport that is played regularly by those in the biggest cities. As a result of this lack of government assistance, the BBL has been… somewhat financially unviable for a number of years. The first thing 777 did upon gaining power over the league was get rid of the salary cap. The financial situation from club to club varies wildly, so the salary cap was essentially the way of maintaining a level competitive playing field. Without this salary cap, 777 have been able to pump millions of pounds (of loaned money) into their team, the London Lions. It is common knowledge that the salary of their star player, former NBA journeyman Sam Dekker, outstrips the salary of multiple entire teams. As you can imagine, that means the competition has essentially been bought for the London Lions. The worst part for me personallly, is my club, the Plymouth City Patriots (along with the Manchester Giants) are now fully owned by 777, meaning that, most likely, if 777 were to go away… then so would my club. The accounts for 777’s London Lions are a month late, which often means there’s something they want to hide. It has also been recently rumoured that 777 have been unable to pay multiple players on the Manchester Giants, even with the large amounts of loaned cash. I don’t know what will happen to the BBL in the near future, but it isn’t looking good.