useless Posted December 12, 2020 Share Posted December 12, 2020 There was a long article in The Athletic about them a week or so back, a lot of it things already widely known amongst Villa fans, but a few interesting things as well that I wasn't aware. I read it as it was posted on another forum. Link to comment Share on other sites More sharing options...
useless Posted December 13, 2020 Share Posted December 13, 2020 Egyptian Billionaire Builds Stake in Owner of Knicks, Rangers The family office of Egyptian billionaire Nassef Sawiris disclosed that it has a 5% stake in Madison Square Garden Sports Corp., the holding company that owns the New York Knicks and Rangers. NNS Holding disclosed the passive stake in a regulatory filing Thursday. The filing also said that the position will grow to roughly 6.3% by March, making Sawiris one of the three largest owners of the stock. Bloomberg Link to comment Share on other sites More sharing options...
OutByEaster? Posted December 13, 2020 Moderator Share Posted December 13, 2020 That's the New York Rangers (hockey?) not Glasgow Rangers right? 1 Link to comment Share on other sites More sharing options...
The_Steve Posted December 13, 2020 Share Posted December 13, 2020 I'm excited for the NHL crossover next year. Villa on ice. 1 Link to comment Share on other sites More sharing options...
Popular Post sidcow Posted December 13, 2020 VT Supporter Popular Post Share Posted December 13, 2020 6 hours ago, The_Steve said: I'm excited for the NHL crossover next year. Villa on ice. Vanilla Ice. 1 9 Link to comment Share on other sites More sharing options...
villan-scott Posted December 13, 2020 VT Supporter Share Posted December 13, 2020 7 minutes ago, sidcow said: Vanilla Ice. Link to comment Share on other sites More sharing options...
Don_Simon Posted December 13, 2020 Share Posted December 13, 2020 As a fan of the Brooklyn Nets, I hope Sawiris is killing the Knicks from the inside. 1 Link to comment Share on other sites More sharing options...
Villaphan04 Posted December 13, 2020 Share Posted December 13, 2020 Both our owners have stakes in NBA teams now? Interesting Link to comment Share on other sites More sharing options...
Hornso Posted December 13, 2020 Share Posted December 13, 2020 The Knicks are in the top 3 most dysfunctional franchises in the NBA and have been for some time, but because of their location and associated assets they are no doubt one of the most valuable. Link to comment Share on other sites More sharing options...
ender4 Posted December 15, 2020 Share Posted December 15, 2020 (edited) https://www.sportspromedia.com/news/msg-sports-nassef-sawiris-investment-stake-new-york-knicks-rangers So Sawiris now owns 5% of New York Knicks in basketball, 5% of New York Rangers in Ice Hockey, 6% of Adidas and 50% of Aston Villa. Wes Edens owns 50% of Milwaukee Bucks also in basketball, 100% of FlyQuest team in Esports and 50% of Aston Villa. Interesting mix of sport ownership. I wonder if any of it will benefit Villa? Edited December 15, 2020 by ender4 1 Link to comment Share on other sites More sharing options...
useless Posted December 15, 2020 Share Posted December 15, 2020 Madison Square Garden Sports are apparently worth around $4B, so a five percent investment in them would dwarf the initial investment in us. 1 Link to comment Share on other sites More sharing options...
LockStockVilla Posted December 15, 2020 Share Posted December 15, 2020 Good year for Wes Edens, managing to keep another star player on his teams as it looks like Giannis Antetokounmpo is signing a new deal to stay with Milwaukee. 1 Link to comment Share on other sites More sharing options...
Tomaszk Posted December 15, 2020 Share Posted December 15, 2020 Wes Edens just signed their 26 year old star NBA player, Giannis, to 5 year contract worth £650k a week if he hits all the bonuses. These chaps have the ambition. 1 Link to comment Share on other sites More sharing options...
OutByEaster? Posted December 15, 2020 Moderator Share Posted December 15, 2020 That's just over a pound a second for every moment of that young man's life for the next five years - about the same speed as a petrol pump goes. 2 1 Link to comment Share on other sites More sharing options...
The Fun Factory Posted December 15, 2020 Share Posted December 15, 2020 On 13/12/2020 at 11:17, The_Steve said: I'm excited for the NHL crossover next year. Villa on ice. The puck stops there. 2 Link to comment Share on other sites More sharing options...
AVTuco Posted December 16, 2020 VT Supporter Share Posted December 16, 2020 10 hours ago, LockStockVilla said: Good year for Wes Edens, managing to keep another star player on his teams as it looks like Giannis Antetokounmpo is signing a new deal to stay with Milwaukee. I both like and don't like this. Obviously, it's good Wes puts the money on the table when needed. That's the most important thing. However, he's not astronomically rich, and as business NBA is in a hole with COVID... hopefully Wes has enough wealth and will to support both teams. He's not in it alone, but still... Link to comment Share on other sites More sharing options...
The Fun Factory Posted December 16, 2020 Share Posted December 16, 2020 Wes is also investing in a new railway line between LA and Las Vegas. That's a brave move. Link to comment Share on other sites More sharing options...
ender4 Posted December 16, 2020 Share Posted December 16, 2020 2 minutes ago, The Fun Factory said: Wes is also investing in a new railway line between LA and Las Vegas. That's a brave move. thats very random! Link to comment Share on other sites More sharing options...
BG_Villa_Fan Posted December 16, 2020 Share Posted December 16, 2020 2 hours ago, AVTuco said: I both like and don't like this. Obviously, it's good Wes puts the money on the table when needed. That's the most important thing. However, he's not astronomically rich, and as business NBA is in a hole with COVID... hopefully Wes has enough wealth and will to support both teams. He's not in it alone, but still... It'd have been disastrous for the Bucks had Giannis not signed. If anything, this is protecting Edens's investment. Can't be bad for either Bucks or Villa. Link to comment Share on other sites More sharing options...
OxfordVillan Posted December 16, 2020 Share Posted December 16, 2020 16 hours ago, useless said: Madison Square Garden Sports are apparently worth around $4B, so a five percent investment in them would dwarf the initial investment in us. Doesn’t really dwarf it? $200m = £150m Link to comment Share on other sites More sharing options...
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