Aston Villa have agreed a deal to sell their women’s team to V Sports and a stake in the operation to prominent U.S.-based investors.
Villa say they have no issues regarding the Premier League’s profitability and sustainability rules (PSR) and are close to a resolution with UEFA in relation to compliance with its financial fair play (FFP) regulations, amid ongoing discussions with the European governing body.
V Sports is the parent company which owns Villa and was previously founded as NWSE, before being rebranded in 2021. It is jointly owned by American billionaire Wes Edens and Egyptian billionaire Nassef Sawiris, the latter of whom is Villa chairman.