Wednesday , May 29 2024

Aston Villa owners V Sports have new minority investor!

V Sports S.C.S. (“V Sports”), a joint venture of Nassef Sawiris and Wesley Edens and the owner of Aston Villa FC Limited and Aston Villa Women Football Club Limited (together, “AVFC” or the “Club”), announced today the completion of the previously announced agreement with Atairos under which Atairos will become a minority partner in V Sports. V Sports will continue to own 100% of AVFC and will continue to have full control of all decisions at AVFC.

Nassef Sawiris and Wesley Edens said: “We are excited to enter this partnership with Atairos, which will provide capital to fund infrastructure investments and drive growth and sustainable value for AVFC and the broader V Sports network over time. Atairos is an established investor and has successfully partnered with numerous leading companies in the leisure, sports, live entertainment, and media industries, including in the UK and Europe. We are confident Atairos is the right long-term strategic partner to support our next phase of growth, and we are pleased to welcome the Atairos team to the V Sports family.”

Michael Angelakis, Chairman & Chief Executive Officer of Atairos, said: “We have deep respect for Aston Villa, its rich history and loyal fan base, world-class management team and employees, and the V Sports ownership group. We are confident this partnership will provide further long-term support for the growth of the Premier League and Aston Villa’s men’s and women’s teams. We look forward to working with Nassef, Wes and the Aston Villa team to strengthen the Club’s ability to compete and achieve even greater success.”

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