Following the announcement by Aston Villa on Tuesday night, Nassef Sawiris, the man who owns the Villa Park club, is clearly expanding his portfolio around Europe.
That’s according to RTP in Portugal, who give a bit more detail about the deal with Vitória de Guimarães, and the fact there is now an ‘agreement in principle’ to sell 46% of the club for €5.5m.
The buyer is ‘the V Sports fund’, led by the aforementioned Sawiris and are Aston Villa’s holding company.
This appears to be a new way for the Portuguese club to get financial backing, as Vitória were keen to make clear in their statement that they will remain the majority shareholder of the sports company and will therefore still be in charge of making decisions.
Aston Villa have splashed the cash a fair bit since their takeover by the NSWE Group, and while there could be some worrying that Sawiris’ interests could now be turned to his new Portuguese asset, it’s been made clear that this is a move that will benefit both sides, who will share a lot of information between each other.
