US investment firm Atairos has been revealed as a partner in V Sports, which is a “joint venture” of Nassef Sawiris and Wesley Edens that owns Aston Villa FC Limited and Aston Villa Women’s Football Club Limited.
The partnership will see V Sports hold on to its 100% ownership of Aston VIlla while also continuing to have total control over all club decisions.
Atairos aims to become a minority partner in V Sports, with its capital investment to be used to “fund growth and infrastructure investments, with the aim of creating material and sustainable value for AVFC and the broader V Sports network over time.”
Speaking about having Atairos on board, Nassef Sawiris and Wesley Edens commented:
“V Sports is delighted to be partnering with a long-term strategic investor in Atairos who shares our compelling vision for the future of the Club and our passion for football. This exciting partnership enhances the Club’s financial footing and strengthens its ability to compete in England and in Europe. V Sports is fully committed to further investment in Aston Villa FC and its men’s and women’s teams and looks forward to its continued growth and success.“
Michael Angelakis, Chairman & Chief Executive Officer of Atairos, said:
“Aston Villa is a historic football club with an exceptional management team and significant growth potential. We are strong believers in the long-term global growth potential of the Premier League and Aston Villa’s men’s and women’s teams. We have great respect for Aston Villa’s leadership and look forward to partnering with Nassef and Wes. We are excited to bring our expertise in supporting businesses in the leisure, sports, and live entertainment industries to elevate the Club to even greater heights.“
Aston Villa FC have revealed that the transaction is subject to approval of the Premier League.
We are now down to the final four as Spain will clash with last World…
McLaren Racing have announced a new partnership extension with multinational technology company, Cisco, who will…
Formula One team Mercedes-AMG PETRONAS has announced a new multi-year partnership with luxury home furnishing…
Formula One has announced a new multi-year licensing partnership with global illustrated publisher DK Books.…
The Indian Olympic Association (IOA) has signed a new partnership with the JSW Group which…
English football club Nottingham Forest have recently announced a partnership renewal with British energy company…