- Nassef Sawiris and Wes Edens bought a majority stake in Aston Villa in 2018
- Sawiris, worth £6.35bn, is Egypt's richest man and could move
- Hear It's all starting! Jack Grealish will not be allowed to roam at Man City… will be sold this summer if things don't change
Aston Vila owner Nassef Sawiris, Egypt's richest man, is reportedly considering leaving the UK behind.
Sawiris bought a 55 per cent majority stake in Villa in 2018 alongside billionaire Wes Edens when the club was in the Championship.
Living in London, he is sometimes seen attending away games when Villa play in the capital.
In December 2023, it announced its intentions to 'redomiciliate' its NNS Group family offices from London to the international financial hub of Abu Dhabi Global Market (ADGM).
He also resigned from his directorship 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 the UK due to tax changes being introduced under the Labor government.
Billionaire Aston Villa owner Nassef Sawiris is reportedly considering leaving the UK.
Sawiris (right) bought a 55 per cent majority stake in Villa with Wes Edens (left) in 2018
His ownership has seen Aston Villa promoted from the Championship to the Champions League.
Sources told the financial outlet that he may still change his mind, but that he has considered the United States and other European countries as possible destinations for his relocation.
His net worth is estimated to be around £6.35 billion. Forbes.
Sawiris is one of the club owners who sympathizes with Manchester City in their battle against the Premier League over sponsorship rules.
Last year, 16 Premier League clubs voted in favor of changing sponsorship rules, but City and Villa were among those who voted against the change.
At a crucial summit in London, a vote was held on changes to the associated party transactions (APT) regulations, which the league had drawn up following a legal challenge from City which found sections of the previous rules were illegal. .
City had warned that the competition was rushing to approve the amendments, urged clubs to vote against them and raised the threat of legal action if they were approved.
Villa wrote to all senior teams in an email “strongly recommending” that the proposed vote be postponed just days after City also asked for the vote to be postponed.