Aston Villa's Ambitious Owners: Nassef Sawiris and Wes Edens
Who Are Nassef Sawiris and Wes Edens?
Nassef Sawiris, an Egyptian multi-billionaire, and Wes Edens, an American businessman, are the co-owners of V Sports, a football club holding company. Sawiris is a scion of Egypt's wealthiest family, while Edens co-owned the Milwaukee Bucks, who won the 2021 NBA championship.
V Sports' Holdings
V Sports owns Aston Villa, a Premier League club, and a 46% stake in Vitória SC, a Primeira Liga team based in Portugal. Sawiris and Edens acquired Aston Villa in December 2020, striking a deal to take over the club alongside business partner Nassef Sawiris.
Sawiris' Other Investments
Sawiris has a diverse portfolio of assets beyond football. In December 2020, he acquired a 5% stake in Madison Square Garden Sports, the New York-listed firm that owns the New York Knicks and Rangers. Additionally, Sawiris is involved in industries such as construction, fertilizer, and chemicals.
Edens' Business Ventures
Edens is also a successful businessman in various industries. Aside from co-owning the Bucks, he is the founder and co-chairman of Fortress Investment Group, a global investment management firm. Additionally, Edens has investments in real estate, energy, and private equity.
Ambitions for Aston Villa
Sawiris and Edens have ambitious plans for Aston Villa. They aim to transform the club into a top-tier contender in the Premier League and have invested heavily in player acquisitions and stadium renovations. Under their leadership, Aston Villa secured a top-half finish in the 2022/23 season and reached the Carabao Cup final.
Conclusion
Nassef Sawiris and Wes Edens are ambitious and successful owners who are determined to bring success to Aston Villa. With their vast financial resources and business acumen, they aim to make Aston Villa a force to be reckoned with in the football world.
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