The NSWE Board

[tinker]

"Garlic bread" is no longer the future.

[MWARLEY2]

I think the biggest compliment you could pay these additions to the board would be if they had been made to the Blues board you would believe that the San Giro quarter would actually happen. Actions not words again from our owners. 

[Made In Aston]

1 hour ago, andycv said:

I've said this in the Villa Park development thread - but all the new Directors have also been appointed as Directors of NSWE Stadium Ltd - which owns Villa Park and is listed as a property investment company.

Bashir has also been appointed as director of every connected V sports company, while the other 2 are just appointed to NSWE.

[OutByEaster?]

Just now, Made In Aston said:

Bashir has also been appointed as director of every connected V sports company, while the other 2 are just appointed to NSWE.

Which I think probably reflects that during his time here, Nassif has begun to take the lead role.

On that note, I'd kind of assumed that if Atairos has taken for example 20%, it would mean Nassif and Wes each giving up 10% - but I guess it's possible that one rather than the other might have given up the lions share.

[useless]

All three new directors have been appointed to all Villa related companies listed on companies house, mens team, the womens team, the stadium, and the foundation

[wishywashy]

Seems like Lebada has already been involved as Sawiris' representative at Villa for a while.

[allani]

1 hour ago, OutByEaster? said:

Which I think probably reflects that during his time here, Nassif has begun to take the lead role.

On that note, I'd kind of assumed that if Atairos has taken for example 20%, it would mean Nassif and Wes each giving up 10% - but I guess it's possible that one rather than the other might have given up the lions share.

I'm not sure that either of them will think that they've given anything up.  I don't think this was about raising capital - it's about driving the club to the next level (however that happens).  Atairos will be bringing something that makes it easier to get to a £1b valuation rather than a £500m valuation.  So I think NS and WE will both be thinking that this deal makes the value of their personal investment worth more.  They'll be thinking £s rather than %s. 

[brommy]

The new board appointments make me slightly less nervous that whilst NSWE were good in supporting Emery's team to achieve footballing success, they were also happy to milk more cash from those of us of an increasing fan base that could fit inside an unexpanded and increasingly outdated Villa Park.

[Alakagom]

11 minutes ago, brommy said:

The new board appointments make me slightly less nervous that whilst NSWE were good in supporting Emery's team to achieve footballing success, they were also happy to milk more cash from those of us of an increasing fan base that could fit inside an unexpanded and increasingly outdated Villa Park.

The two go together no? Stadium will increase revenues and with new PL rules our revenues will be directly correlated to supporting Emery's team with the cap of 70% revenue to wages. 

[Alakagom]

In fact I wonder if NSWE was waiting for the Premier League to pass the 70% revenue/wages rules before comitting, there's no other way to keep up with top 6 now then to rapidly increase revenues and new stadium is a must in that case. 

[allani]

14 hours ago, OutByEaster? said:

It's a fascinating development and there are lots of different things in it.

Firstly, what sticks out for me is that it's not always the case that a minority investor would expect a place on the board and the fact that Atairos through Michael Angelakis have taken that route suggests that they aren't in it just to put some money in and sit and watch it. The board position suggests that they're here to do something, to contribute through doing more than dropping £100m and saying 'on you go lads, make us a profit'.

The second thing that's surprising is that each of what are now the three main men on our board have all added what is essentially a number two; Nassif with Bashier Lebada, Wes with Sarah Waterson and Michael Angelakis with Chester Hall. More than anything else, and ignoring the skillsets for the moment, that suggests that there's a lot of whatever the 'something' is that needs to be done - each of our owners has put in place a trusted pair of eyes that's capable of acting in their interests and in driving forward whatever it is we're going to do. Perhaps it's the case that Nassif and Wes want to do a little less, perhaps they're very successful elsewhere and have their hands full, but I don't think it's that, I don't think they need extra hands for that, I think it's that there's a lot of something to do.

in terms of skillsets, it's often overlooked that the man with most experience in construction and development on that list is Nassif Sawiris, he's a big part in the building of the new Egyptian administrative capital city, an enormous project that's creating a city for six million people out of nothing in the Egyptian desert. The addition of new partners doesn't necessarily add any more than we would need if we only had Nassif in terms of construction. What we've got though are people with huge experience in the sports and event industry and infrastructure development in Atairos and their backers, both in terms of physical infrastructure and in terms of digital and marketing infrastructure, and that's doubled down with Lebada's massive experience in construction and Waterson's experience in infrastructure finance.

In terms of experience, know-how and the tools you'd need to drive forward the business of a football club, it's a heck of a team - but it doesn't necessarily translate immediately to 'new stadium' - we had enough to do that already - it doesn't necessarily mean no new stadium either and this team have been put together for something, we just don't know what 'something' is yet.

It's exciting, there are things happening, the club is changing, I'd hope we don't see any lessening of the influence or impact of Wes Edens or Nassif Sawiris and I'm very hopeful we won't, they've been just about perfect as owners, and I'm both excited and optimistic to see what it is we're planning to do over the next few years. 

Something is happening, and though we don't yet have any real idea what 'something' is, we're putting together a serious group of people who want to get it done.

I think this is another example of NSWE targetting the best people they can think of to get the job done that they want to be done.  It follows the pattern of Emery, Monchi and (I know so won't like this) Heck, etc.  I think rather than lessening their impact it is only accentuating it.  They're getting in the best they can to do specific jobs - so that they can spend their time plotting the bigger picture rather than worrying about the little / medium stuff.  At least that's the impression it gives me.  I've always said that you can tell how good a leader is by how good / strong their "deputy" or exec. team is.  Good leaders tend to surround themselves with good people.  Bad leaders tend to surround themselves with poor / weak people because they don't want to be shown up.  It looks like we're building a pretty elite team on and off the pitch.

[Brumstopdogs]

 

[sidcow]

9 minutes ago, Brumstopdogs said:

 

Goddam it. Why didn't anyone post this on the Wes Edens thread so we could spend all day talking about it?

[Brumstopdogs]

4 minutes ago, sidcow said:

Goddam it. Why didn't anyone post this on the Wes Edens thread so we could spend all day talking about it?

Some of us have been busy at work!

[sidcow]

Just now, Brumstopdogs said:

Some of us have been busy at work!

 

[one_ian_taylor]

1 hour ago, Brumstopdogs said:

 

So they ARE all cup finals

[MWARLEY2]

To swap attention to Nassef his wealth has gone up by 410 million dollars in the last 9 days !  Largely due to his Adidas shares going up strongly. 

 

 

[CVByrne]

On 15/04/2024 at 23:19, Alakagom said:

In fact I wonder if NSWE was waiting for the Premier League to pass the 70% revenue/wages rules before comitting, there's no other way to keep up with top 6 now then to rapidly increase revenues and new stadium is a must in that case. 

The Premier Leage rule changes are irrelevant for the top clubs as the UEFA ones are more stringent and we all have to comply with them already.

[villa4europe]

3 hours ago, MWARLEY2 said:

To swap attention to Nassef his wealth has gone up by 410 million dollars in the last 9 days !  Largely due to his Adidas shares going up strongly. 

that them bouncing back after the kanye stuff? i never understood how KW had so much sway over the share price of adidas

as for Wes, nice almost polite throwaway question about Aston Villa...perfect response, could give a 10 second smile and simple answer but that's a guy who supports us and id say lives it too, he's proud of it too

[sidcow]

3 hours ago, MWARLEY2 said:

To swap attention to Nassef his wealth has gone up by 410 million dollars in the last 9 days !  Largely due to his Adidas shares going up strongly. 

 

 

Half of that would get us the North Stand development and Villa Live building. Come on Nas, it's a great use of your spare change.