Table of Contents
Egyptian billionaire Nassef Sawiris and Wes Edens, who own Aston Villa football club, have injected £20 million into the club through a new share issue, according to a news report by Football Insider.
A Companies House submission on Thursday (30 March) – which was backdated to the previous Tuesday (March 21) – shows that Villa have allotted 20 million shares at £1 each.
It is the fifth time in seven months that the club has sold shares to outside investors, who have put in a total of £118.5 million.
The cash is interest-free and likely to be used to fund day-to-day operational activities.
It shows that the club’s owners are still committed to getting money from outside sources while the club works to make money in the long run.
In 2021-22, Villa made a profit of £400,000. This was the club’s first profit since Edens and Nassef Sawiris bought it in 2018. It was also the first profit under any owner since 2002.
That surplus, which was largely due to the sale of academy product Jack Grealish to Man City for a club-record £100 million, followed losses of £99.5 million and £68.9 million in the previous two financial years, which were both affected by COVID019.
The intelligence satisfies curiosity. The paid briefings satisfy strategy.
Every Monday, Elite subscribers receive an Investor Memo breaking down the deal, the structure and the positioning behind the week's most consequential African wealth story - the kind of analysis that doesn't appear anywhere else.
Twice a month, a Wealth Intelligence brief profiles a single billionaire's holdings, cash flows and expansion pipeline in detail no public source matches.
→ Executive ($25/mo): Daily newsletter + Deep-Dive Reports
→ Elite ($75/mo): Everything above + Investor Memos + Wealth Intelligence + Quarterly Analyst Briefings
Subscribe now
