West Edens is a notable figure in the sports world who hails as the co-owner of the Milwaukee Bucks. With years of success in the National Basketball Association, Edens has set his eyes on the Premier League following the purchase of the majority of stakes for Aston Villa Football Club.
Aston Villa was just recently promoted to the English Premier League from the English Championship League. The club is set to take on top-level English clubs such as Arsenal, Manchester United and Chelsea with hopes of qualifying to the Champions League.
The English clubs in the Premier League earn millions of dollars annually from matches, merchandise, partnerships, endorsements, and player deals. Wes Edens ownership of the club is set to be a lucrative deal with substantial returns on investment for the savvy investor.
Apart from Wes Edens, Egyptian entrepreneur Nassef Sawiris has also sought interest in the club forming a partnership with the principal at Fortress Investment Group. This would not mark the first partnership together for the business moguls with ownership of NSWE.
The firm reigns as a financial fore which foresaw the investment into the club. The partnership will see the change in the clubs management with team owner, Xia, becoming co-chairman together with the majority shareholders of the club.
It all started when Wes Edens graduated in 1984 from Oregon State University. He was assimilated into the entrepreneurial world with stints in the American investment market. Currently, he serves the position as principal at the Fortress Investment Group.
The Fortress Investment Group is a global force with innovative investment management across the world. A host of the firm’s investments have been towards technology and modern advancement inclusive of investments in the latest trail lines and various transportation avenues.
The Group has formed over two decades ago and has built a formidable portfolio inclusive of subsidiaries such as Brookdale Senior Living, Nationstar Mortgage, New Media Investment Group, and RailAmerica.
Wes Edens was announced as the Hedge Fund Manager of the Year in 2014 by the Institutional Investor tighter with the Management Firm of the Year by HFMWeek. Currently, he serves as a member of the board at the firm while helping in guiding the firm’s direction in the future.