Aston Villa owners Nassef Sawiris and Wes Edens have invested another £50 million in the club in the form of new shares. Sawiris and Edens, as NSWE, have ploughed millions into various levels of the club since taking over from Dr Tony Xia in 2018, as reported by Birmingham Mail.
Aston Villa owners stick another £50 million into the club in the form of new shares #AVFC pic.twitter.com/aQfoUb9N2f
— Kieran Maguire (@KieranMaguire) October 8, 2024
Since that takeover, Aston Villa's rise has been nothing short of sensational. NSWE has overseen a club that has risen from the lower ends of the Championship to the Champions League in just five years. A lot of Villa's success is down to Sawiris and Edens, who have consistently provided the money needed to improve the squad, develop facilities at Villa Park and Bodymoor Heath, and invest heavily in the academy setup.
Despite the significant investment of money and effort into appointing Steven Gerrard as the club's manager in November 2021, seen as their only noteworthy error of judgement in the tenure so far, Villa have gone from strength to strength and that was taken to another level when Unai Emery was appointed.
Today's ruling could have a huge impact on Premier League shareholder loans. 👀 pic.twitter.com/IlKEcRUqbD
— talkSPORT (@talkSPORT) October 7, 2024
The image above is a good indication of the progress and security Villa have off the pitch, to match their ever-improving success on the pitch. NSWE have provided these types of payments whenever necessary to keep the club's accounts in order. Think back to 2018, when Aston Villa were days away from entering administration under the ownership of Dr Tony Xia, the club has come a long way in a short space of time under NSWE.
Reports in China suggest Tony Xia owes around £11million to investors, Recon has also collapsed. Still, some people don't quite realise how precarious Aston Villa's situation was in July 2018. #avfc . Arrest warrant also issued as reported by @JamesNursey
— Gregg Evans (@greggevans40) October 18, 2019
The latest appearance on Companies House shows that NSWE has created 50 million more shares in the club at the value of £1 per share, as submitted last week. This comes at a time when football club ownership, and their relationships with their clubs at the highest level, are under intense scrutiny.
On Monday, Manchester City won a legal battle against the Premier League, with it being deemed that the Premier League's sponsorship regulations were unlawful. The verdict stated that new regulations aimed at preventing clubs from inflating deals with companies linked to their owners violate the Competition Act. This decision is separate from the case involving 115 charges against Manchester City for breaching financial rules.
No matter the outcome and proceedings of the Manchester City case, Villa fans can rest assured knowing that their club is in very safe hands, the hands of owners who are passionate about the club.
UTV