Wes Edens And Nassef Sawiris

September 3, 2018

Aston Villa has been struggling to see itself in the English premier league ever since it lost its glory in 2016. The team currently has support from two significant businessmen Wes Edens and Nassef Sawiris. Wes Edens co-founded Fortress Group and works as the chief investment officer of the company’s private equity. He is an investor in several industries including financial services, media, real estate, transportation and infrastructure, and healthcare. Before establishing Fortress Investment Group, he was a partner at BlackRock Financial Management as the managing director. In addition to this, he was a managing director as well as a partner at Lehman Brothers. Sawiris is one of the world billionaires who come from Egypt as well as a businessman.

Wes Edens and Nassef Sawiris will be joining hands in support of Aston Villa club. This will not be the first time the two businessmen will be working together; the duo presently owns NSWE, the financial force behind the investment in the club. The team experienced its worst defeat in the Championship League Playoff that took place at Wembley Stadium. This was a promotional event meant to cap off English Football League Championship competition which is the next level of play below the big league. This loss was short of success for the club to gaining its chance back to the Premier League.

Despite this loss, the organization has hope that they will find themselves in the premier league because of the efforts it is putting into place. The Premier league is, after all, looking for new clubs which will bring in more fans, more excitement, and more money. Aston Villa looks forward to seeing this happen with the support that comes from the two investors. The transaction and its details have been approved by the English league, making it official.

Even though, the two businessmen join the strong united front, Wes Edens and Sawiris have backgrounds that are independent something that makes them suitable for the Aston Villa task. Edens first came into the sports field in 2014 when he bought the Bucks with a sum of $550 million. This tenure was warmly received in Milwaukee, and he has been fully committed to the city as well as other plans to keep Bucks and replace the current arena soon. Wes graduated in 1984 from Oregon State University, and since then he has been very active in financial sector.

Visit More : www.bloomberg.com/news/articles/2018-07-20/billionaire-sawiris-wes-edens-to-buy-aston-villa-club-stake

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