777 Partners

Flair operated by Bonza, at Sunshine Coast Airport 777 was the owner of low-cost carrier Flair Airlines. On March 11, 2023, Airborne Capital Ltd. seized four of its planes operated by Flair over alleged non-payment. In a press conference, Flair CEO Stephen Jones suggested the seizures were motivated by competitors, and that the airline owed around US$1million on the leases, and was in the process of making payment when the seizures occurred. The lessor, Airborne alleged that Flair had repeatedly missed payments amounting to several millions of dollars over a period of five months. Flair used other aircraft to continue to operate its schedule. In January 2024, it was reported that the lessors had filed claims at the UK High Court for costs and that there had been outstanding payments of $1.8 million on the four aircraft when notice of default was served. In August 2024, interim CEO Maciej Wilk said that 777's stake in Flair was down to 10% and the company's involvement was mostly as a lender, having no presence in the boardroom. Bonza From October 2021 until it entered voluntary administration in April 2024, 777 Partners owned Australian airline Bonza. 777 Partners, not the airline, was responsible for the failed lease payments. Bonza's administrators made all of the airline's staff redundant in June 2024 and voted to wind up the company on July 2. The administrators said "Whilst 777 Partners did provide funding, the funding was insufficient for the level of debt incurred, which continued to increase, particularly from November 2023 to the date of our appointment." In September 2024, the United States Department of Justice opened an investigation into 777 Partners and its investor A-CAP regarding allegations of money laundering. ==Other investments==

In 2019, 777 Partners bought the London Lions, London's sole men's professional basketball team. They then invested £7 million for 45% of the British Basketball League (BBL). 777 sold a slight minority stake in the London Lions to O.G. Anunoby and became the first British team to ever qualify for EuroCup playoffs. In May 2024, British Basketball revoked the license of the operating company behind the BBL, due to concerns over its financing. The BBL folded and was replaced by Super League Basketball. In 2022, 777 invested in STX Entertainment, a global film studio known for producing films such as ''Molly's Game, The Irishman, and Ferrari''. ==Controversy==

During the negotiations to buy Vasco, Brazilian newspaper O Globo revealed that Wander had been convicted in 2004 for ordering cocaine in the mail while a 22-year-old student of the University of Florida. Facing a possible 26-year sentence, he pleaded no contest and received 15 years of probation, that ended in 2018. has been brought up in the media, and in an interview with the Financial Times he called it a "stupid college thing" and a "perfect opportunity for those people that are haters to try to destroy you with things that are somewhat meaningless". Norwegian football investigation website Josimar wrote in 2023 that 777 was facing allegations of financial impropriety, including fraud and unpaid bills. 777 condemned Josimar's article as "wholly misleading". and a "sprawling fraudulent enterprise". In May 2024, American insurance firm Advantage Capital Holdings LLC (A-CAP), a major investor in 777 Partners, hired Moelis & Company to review 777's portfolio. A-CAP's loans had been secured against 777's assets. In July, A-CAP wrote to 777 Partners' soccer clubs to inform them that it was the new owner. In October 2025, Wander was indicted in the U.S. District Court for the Southern District of New York on federal charges of conspiracy to commit wire fraud, wire fraud, conspiracy to commit securities fraud, and securities fraud. Prosecutors alleged that Wander and his associates defrauded lenders and investors of nearly $500 million through a scheme involving fabricated financial statements, doctored records, and double-pledged collateral. ==References==