Sports Team Owner Wes Edens Works To Turn Around His Second Franchise

Wes Edens has quickly made a name for himself in the world of sports. He bought the Milwaukee Bucks and quickly turned around a team that had been terrible for years. Due to the changes he made, this team nearly made the NBA Finals in 2019. They’re playing in a new arena and sales of their clothing and other merchandise are flying off the shelves.

He has now become an international sports team owner. He bought Aston Villa F.C. The club was one of the founding teams of what is regarded as the most exciting sports league in the world, the Premier League. This league features the top 20 English football clubs. This is a storied franchise that is popular around the world.

However, they got booted from the Premier League a few years ago due to poor play. How the Premier League works is that teams that aren’t playing well are removed to make room for another one. In the United States, it would be similar if the Seattle Mariners couldn’t play in the Major Leagues anymore because of their endlessly bad play. Read more about Wes Edens at sportsbusinessdaily.com

When Wes Edens bought this football club, he literally saved the team. The club was bleeding money and it looked likely they would have to shut the team down. It was a remarkable turnaround from having nearly won the Premier League Championship in 2010. Wes Edens is focused on turning this team into a championship-caliber team just like he did with the Milwaukee Bucks.

When he bought the Bucks, Wes Edens pledged he would keep the team in Milwaukee and build a new arena. He fulfilled this pledge and they are playing in a new stadium built in time for the 2018-2019 season, the Fiserv Forum. He says he is just as committed to doing right by Aston Villa F.C. fans as he did for the Bucks’ fans.

Wes Edens has been a fixture of New York City’s financial industry since 1987. He worked for Lehman Brothers and Blackrock in executive positions for several years before co-founding Fortress Investment Group LLC. He is in charge of this company’s private equity investments.

Reference: https://www.nba.com/bucks/bio-wesley-r-edens