Villa agree 'significant investment' deal

Published on: 20 July 2018

Aston Villa have agreed a deal with businessmen Nassef Sawiris and Wes Edens that will see "significant investment" into the Championship club.

Egyptian businessman Sawiris is estimated to be worth $6.8bn (£5.2bn) while American financier Edens owns the Milwaukee Bucks NBA franchise.

Villa owner Dr Tony Xia will become co-chairman and remain on the board.

More to follow.

Xia 'would consider minority investment' in VillaXia can sell shares to raise fundsVilla reach deal with HMRC over tax bill

Source: bbc.com

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