Aston Villa’s billionaire owner ‘considering leaving the UK because of tax reasons’

  • Nassef Sawiris and Wes Edens bought a controlling stake in Aston Villa in 2018 
  • Reportedly worth £6.35billion, Sawiris is Egypt’s richest man and could move
  • LISTEN to It’s All Kicking Off! Jack Grealish won’t be allowed to drift at Man City… he’ll be sold this summer if things don’t change 

Aston Vila’s owner Nassef Sawiris, Egypt’s richest man, is reportedly considering leaving behind the UK.

Sawiris bought a 55 per cent controlling stake in Villa in 2018 alongside fellow billionaire Wes Edens when the club was in the Championship.

Living in London, he is sometimes seen attending away games when Villa are playing in the capital.  

In December 2023 he announced his intentions to ‘redomicile’ his NNS Group family offices from London to Abu Dhabi Global Market’s (ADGM) international finance centre.

He also resigned from his director role at NNS Advisers Ltd in November, according to Companies House, although the office is still registered in London.

Now Bloomberg reports that the 63-year-old is considering leaving behind the UK because of tax changes being brought in under the Labour government. 

Aston Villa’s billionaire owner Nassef Sawiris is reportedly considering leaving the UK 

Sawiris (right) bought a 55 per cent controlling stake in Villa with Wes Edens (left) in 2018

Sawiris (right) bought a 55 per cent controlling stake in Villa with Wes Edens (left) in 2018

His ownership has seen Aston Villa climb from the Championship into the Champions League

His ownership has seen Aston Villa climb from the Championship into the Champions League

Sources told the financial outlet that he may still change his mind, but that he has looked into the USA and other European countries as possible desinations for relocation. 

His net worth is estimated to be around £6.35billion by Forbes.  

Sawiris is one of the club owners who has sympathy for Manchester City in their battle against the Premier League over sponsorship rules.

Last year 16 Premier League clubs voted to amend sponsorship rules, but City and Villa were among the ones who voted against the change. 

At a crunch summit in London, a ballot was held on changes to regulations on associated party transactions (APTs), which the league had drawn up following a legal challenge from City which found sections of the previous rules to be unlawful.

City had warned that the competition was rushing through the amendments, urged clubs to vote against them and raised the threat of legal action should they be passed.

Villa wrote to all top-flight sides in an email ‘strongly recommending’ the proposed ballot is postponed just days after City also called for the vote to be pushed back.

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