sidcow Posted July 20, 2018 VT Supporter Share Posted July 20, 2018 4 hours ago, villa4europe said: the other guy is the man with the money, wes is the sports club owner, i think he's the important one To be fair Wes has twice what Randy had, even without the man with the money he would be the best news ever. Good times! 1 Link to comment Share on other sites More sharing options...
Popular Post Reivax_Villa Posted July 20, 2018 Popular Post Share Posted July 20, 2018 I don't know much about this guy but i know more about the basketball team he owns. Milwaukee Bucks are a very well run franchise and they have a clear and different strategy. They have recruited players young unknown players from outside America and they tend to use a lot of young players in their roaster. I.e Giannis Antetokounmpo who is one of the best players in NBA right now Thon Maker a Sudanese Australian player who is only 21 who has top potential. It would not surprise me that as a sport fan, Edens would have a preference for low price unknown young players and a manager that is capable of bringing the best of them. If Bruce does leave , Edens would more than likely would have influenced this. 7 1 Link to comment Share on other sites More sharing options...
John Posted July 21, 2018 Share Posted July 21, 2018 20 hours ago, Khizzy said: Oh dear, he's got a "BS in Finance". Isn't that what Xia has too? I very much doubt that they were classmates (there are a few years between them for a start) and I'm also happy to accept that he was the good guy at Lehman Brothers as it all went pear shaped there after he left. Link to comment Share on other sites More sharing options...
Popular Post leviramsey Posted July 22, 2018 VT Supporter Popular Post Share Posted July 22, 2018 Fortress has the reputation of being much more on the "invest money to build something sellable in 5-10 years at a profit" end of private equity than the asset stripping end. Being a bit of a railfan/borderline foamer, I'm most familar with what they've done with the Florida East Coast (large scale investment in passenger service (partly to make property around the tracks more valuable... shades of the Bucks), intermodal container connections to ports in Miami, and improved capacity)... the scuttlebutt from the railroad forums is they plowed around $1bn into the FEC after buying it, then sold it after a decade for a couple of billion more than they paid ($3.5bn) plus what they invested afterwards. Similar story with the Central Maine and Quebec: previous owners (multiple regimes) had really underinvested with disastrous (literally, in this case) results and bankruptcy. Post-purchase, they've spent a lot on replacing decrepit tracks and on replacing obsolete rolling stock. They've also been a bit more aggressive than the previous regimes about building traffic. 7 Link to comment Share on other sites More sharing options...
TheAuthority Posted July 22, 2018 VT Supporter Share Posted July 22, 2018 Woah @leviramsey I didn't think you frequented VT anymore. Nice to hear/see your voice/posts - it seems like it's been a while! Link to comment Share on other sites More sharing options...
sidcow Posted July 22, 2018 VT Supporter Share Posted July 22, 2018 (edited) I think we can all rest easy on any worries of asset stripping. There are no more assets left to strip Edited July 22, 2018 by sidcow 2 Link to comment Share on other sites More sharing options...
Demitri_C Posted July 23, 2018 Share Posted July 23, 2018 OMG Quote FUTURE'S BRIGHT Aston Villa takeover is good news for fans of the Championship club, talkSPORT told Football finance journalist Matt Scott explained why supporters should be optimistic EXCLUSIVE By Damian Mannion 23rd July 2018, 5:53 pm The future is looking bright for Aston Villa and fans should feel very optimistic about the takeover of their club. In July it was announced that NSWE, a company that is jointly owned and controlled by businessman Nassef Sawiris’ group, NNS and businessman Wesley Edens will inject significant investment into the Championship club, while Dr Tony Xia will become co-chairman and remain on the board.Villa are now under new ownership This is all good news, according to football finance journalist Matt Scott. “If I can reassure anyone at all, the new owners are a step in the right direction,” he told Jim White on talkSPORT. “[The club] are in a much better place after this £55million takeover last week. “Wesley Edens is massively wealthy; at the moment he is selling his stake in a private equity firm he co-founded and they’re going to a Japanese tech investor called SoftBank, who are massive and that deal is going to pay him more than £400m and that’s on top of his fortune, which is already £2bn. "They've now got the third richest owners in all of English football." Edens also owns National Basketball Association team, the Milwaukee Bucks and, as Matt pointed out you don’t get to that position unless you have the cash to back it up. “Americans sports leagues do all their due diligence on exactly what the new ownership is going to be and are far more robust in their examination of the credentials of new owners there than we have in this country. “His partner at Villa is a guy called Nassef Sawiris. He’s from Egypt and is even wealthier than Wesley Edens. He’s the fourth richest man in Africa with an estimated net worth of £5.1bn and Villa now have the third richest owners in all of English football.” We dont have one but we have TWO billionaires on our team. 3rd richest behind city and chelsea?? Link to comment Share on other sites More sharing options...
Pimlico_Villa Posted July 23, 2018 Share Posted July 23, 2018 On 20/07/2018 at 19:05, villa4europe said: marry her off to a brummie to seal the deal... Good job JT is done! 1 1 Link to comment Share on other sites More sharing options...
villan-scott Posted July 25, 2018 VT Supporter Share Posted July 25, 2018 Edens at VP today. Link to comment Share on other sites More sharing options...
TheStagMan Posted July 25, 2018 Share Posted July 25, 2018 This guy is just not getting enough love in this thread...... Welcome Wes. 3 Link to comment Share on other sites More sharing options...
briny_ear Posted July 25, 2018 Share Posted July 25, 2018 On 22/07/2018 at 04:07, TheAuthority said: Woah @leviramsey I didn't think you frequented VT anymore. Nice to hear/see your voice/posts - it seems like it's been a while! Hear hear. Only just catching up with this thread but welcome back @leviramsey even if only on a flying visit. I remember your awesome league prediction charts. 2 Link to comment Share on other sites More sharing options...
privateer Posted July 26, 2018 Share Posted July 26, 2018 22 hours ago, TheStagMan said: This guy is just not getting enough love in this thread...... Welcome Wes. True, true. Anyone who looks like Gary Canning after a two week bender can't be bad. Link to comment Share on other sites More sharing options...
Jareth Posted July 26, 2018 VT Supporter Share Posted July 26, 2018 (edited) Nevermind - rude word in tweet I'd linked to! Edited July 26, 2018 by Jareth Link to comment Share on other sites More sharing options...
Made In Aston Posted July 26, 2018 Share Posted July 26, 2018 On 21/07/2018 at 00:12, Reivax_Villa said: I don't know much about this guy but i know more about the basketball team he owns. Milwaukee Bucks are a very well run franchise and they have a clear and different strategy. They have recruited players young unknown players from outside America and they tend to use a lot of young players in their roaster. I.e Giannis Antetokounmpo who is one of the best players in NBA right now Thon Maker a Sudanese Australian player who is only 21 who has top potential. It would not surprise me that as a sport fan, Edens would have a preference for low price unknown young players and a manager that is capable of bringing the best of them. If Bruce does leave , Edens would more than likely would have influenced this. Might explain Bruce not giving any interviews after the game. He has probably been told he needs to play more youth players and captain mainwaring has got the hump 1 Link to comment Share on other sites More sharing options...
sidcow Posted July 26, 2018 VT Supporter Share Posted July 26, 2018 5 hours ago, Made In Aston said: Might explain Bruce not giving any interviews after the game. He has probably been told he needs to play more youth players and captain mainwaring has got the hump Dont panic. Even though we're all doomed. Link to comment Share on other sites More sharing options...
sidcow Posted July 26, 2018 VT Supporter Share Posted July 26, 2018 No Socks We all loves Wes No Socks We all loves Wes No Socks We all loves Wes No Socks No Socks Link to comment Share on other sites More sharing options...
TreeVillan Posted August 1, 2018 Share Posted August 1, 2018 On 25/07/2018 at 18:39, TheStagMan said: This guy is just not getting enough love in this thread...... Welcome Wes. Came to say the same. So let's show some love for Wes! Link to comment Share on other sites More sharing options...
DaveAV1 Posted August 1, 2018 Share Posted August 1, 2018 On 27/07/2018 at 00:08, sidcow said: No Socks We all loves Wes No Socks We all loves Wes No Socks We all loves Wes No Socks No Socks Socks off if you love Wes! Link to comment Share on other sites More sharing options...
A'Villan Posted August 2, 2018 Share Posted August 2, 2018 On 20/07/2018 at 23:50, Otter said: Long time lurker, first time poster. As excited as I was to hear about the take over, Wes Edens name being attached to it is scary. He is one of the owners that took over the Bucks, and I have been a life long fan of them as well. Not sure if it is all his doing, but the management of the Bucks is sketchy to say the least. The first action of the owners was to hire Jason Kidd (who was a friend of theirs) without working through their GM. Kidd was a disaster and they had to fire him a few years later. They also fired the GM and the search for a new GM was a disaster because the owners couldn't come to a unanimous decision on a candidate they wanted, so they hired an internal guy that didn't even interview and is now in waaaay over his head. If the previous regime would not have drafted Giannis, the Bucks would be in the cellar of the NBA because of management. Hopefully, Sawiris is going to be making all of the calls or maybe Wes is a victim of the other owners, but his involvement makes me very nervous. On a more positive note, his daughter, Mallory is a smokeshow It's not all bad, you've got Maker and Delly on your roster! Was Kidd really that bad? You stuck with him for 4 years?! I haven't watched the Bucks outside of a few Giannis highlight reels so wouldn't know. I don't like what I'm reading when you write that description of events regarding the replacement of the GM, but no two situations are the same so here's hoping Edens is learning from the mistakes he has made with your Bucks. Link to comment Share on other sites More sharing options...
andyjsg Posted August 2, 2018 VT Supporter Share Posted August 2, 2018 I happened to go see a basketball game out of the blue the day before I was running Boston marathon in april and it was a playoff between Celtics and the Bucks - cracking game too!! 1 Link to comment Share on other sites More sharing options...
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