{"id":627147,"date":"2018-07-24T04:22:23","date_gmt":"2018-07-24T04:22:23","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/24\/sawiris-fortress-investments-edens-acquire-55-stake-in-aston-villa-fc-in-gbp-30-mn-transaction\/"},"modified":"2018-07-24T04:22:23","modified_gmt":"2018-07-24T04:22:23","slug":"sawiris-fortress-investments-edens-acquire-55-stake-in-aston-villa-fc-in-gbp-30-mn-transaction","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/24\/sawiris-fortress-investments-edens-acquire-55-stake-in-aston-villa-fc-in-gbp-30-mn-transaction\/","title":{"rendered":"Sawiris, Fortress Investments\u2019 Edens acquire 55% stake in Aston Villa FC in GBP 30 mn transaction"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-07\"><\/a> <strong>M&A WATCH- Sawiris, Fortress Investments\u2019 Edens acquire 55% stake in Aston Villa FC in GBP 30 mn transaction: <\/strong>Nassef Sawiris is joining forces with Fortress Investment Group co-founder Wes Edens to buy a 55% stake in English football club Aston Villa for GBP 30 mn, sources close to the matter <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2018-07-20\/billionaire-sawiris-wes-edens-to-buy-aston-villa-club-stake\">told Bloomberg on Saturday<\/a>. The club, which lost its spot in the English Premier League in 2016, has struggled financially since it failed to win its way back from relegation last season, especially as it spent considerable sums to acquire new players. Chinese businessman Tony Xia, who has owned the football club since 2016, said that \u201cin finding such strong partners as Nassef and Wes we\u2019re gearing up to fight again and bring back the success that this club deserves and we all so want to provide it with.\u201d <a href=\"https:\/\/www.ft.com\/content\/4ee64a54-8c1f-11e8-b18d-0181731a0340\">The Financial Times also has the story<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>M&#038;A WATCH- Sawiris, Fortress Investments\u2019 Edens acquire 55% stake in Aston Villa FC in GBP 30 mn transaction: Nassef Sawiris is joining forces with Fortress Investment Group co-founder Wes Edens to buy a 55% stake in English football club Aston Villa for GBP 30 mn, sources close to the matter told Bloomberg on Saturday. The [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-627147","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"d8ac9d98-508b-4d80-82b1-826c8d399006","order":"0","is_powered_by":true,"section_story_id":"4dbd866e-e97a-4c09-8c61-46170e29bc21","story_type":"1","photo_url":"","photo_position":"above","related_issue":[627135],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Sawiris, Fortress Investments\u2019 Edens acquire 55% stake in Aston Villa FC in GBP 30 mn transaction - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/24\/sawiris-fortress-investments-edens-acquire-55-stake-in-aston-villa-fc-in-gbp-30-mn-transaction\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sawiris, Fortress Investments\u2019 Edens acquire 55% stake in Aston Villa FC in GBP 30 mn transaction\" \/>\n<meta property=\"og:description\" content=\"M&amp;A WATCH- Sawiris, Fortress Investments\u2019 Edens acquire 55% stake in Aston Villa FC in GBP 30 mn transaction: Nassef Sawiris is joining forces with Fortress Investment Group co-founder Wes Edens to buy a 55% stake in English football club Aston Villa for GBP 30 mn, sources close to the matter told Bloomberg on Saturday. 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PLUS: Jordan electricity link, another Sawiris football acquisition, and more","author":"enterpriseam admin","date":"6 March 2023","format":false,"excerpt":"INVESTMENT- SCZone talks with Chinese investors: A high-level delegation from one of China\u2019s largest industrial areas discussed potential investment in the Sokhna Industrial Zone and support for ongoing Chinese projects with representatives from the Suez Canal Economic Zone (SCZone) yesterday, according to a SCZone statement. 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