HomePremier LeagueFFP concerns? Aston Villa post big losses for 2022/23 season

FFP concerns? Aston Villa post big losses for 2022/23 season

Aston Villa have posted a loss of ยฃ119.6m in club’s financial figures for the 2022/23 season.

The figures are from last season in which Unai Emery’s side secured a top-seven finish in the Premier League and Europa Conference League qualification.

Premier League clubs are permitted to lose no more than ยฃ105m across a three-year period, to comply with the Premier League’s Profit and Sustainability Rules (PSR).

 

Several areas of investment can be deducted from PSR figures, including in academy development, charity, infrastructure and women’s football. Losses incurred during the Covid-19 pandemic can also be claimed back.

Villa posted a profit of ยฃ300,000 for the 2021/22 season, a figure aided by the ยฃ100m sale of Jack Grealish to Manchester City.

The latest figures will concern the club’s fanbase given recent charges for Everton and Nottingham Forest for financial breaches, with the former hit with a record 10-point deduction, which was reduced to six points on appeal.

However, Aston Villa have released a statement which says the figures are in line with the club’s ‘strategic plan’.

 

“The owners of Aston Villa remain committed to the long-term and sustainable development of the club, and we look forward to continued progress on the delivery of our strategic plan,” the statement read.

Read –ย Why the Champions League is changing – and what it means for Premier League clubsย 

See more –ย The most goals in a Premier League season by an Aston Villa player

Subscribe to our social channels:

Facebook | Instagram | Twitter | YouTube

RELATED ARTICLES
Subscribe
Notify of
guest

0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Most Popular

Related Posts