Aston Villa warning as they go ahead of Everton in worrisome Prem finance list.
One huge positive is that the board affirmed the club is working within the Premier League’s Profit and Sustainability Rules. The authorities have clamped down this season, with Everton and Nottingham Forest also hit.
Nevertheless, the results might be considered as fairly alarming and presumably indicate the need for extra commercial revenue, much like Tottenham have achieved with their new stadium.
To put Villa’s stats into context, football finance specialist Kieran Maguire has presented where Villa’s latest loss puts them in the all-time Premier League standings.
Aston Villa third in all-time Premier League loss-makers
Maguire posted a graph on his personal X account with some rather stunning financial data.\
Aston Villa now sit third in the all-time Premier League list, having produced a loss of nearly £591million since the establishment of the top flight in 1992.
Unsurprisingly, Chelsea are top of the list, having produced an all-time loss of over £1.04billion. Manchester City sit in second rank on £633million, slightly over £40million ahead of Villa after the latest accounts.
Aston Villa ahead of Everton despite PSR fears
Despite the board affirming that the club is operating within PSR limits, knowing Everton’s current circumstances, there should be cause for concern.
The Toffees have posted an all-time loss of £446million and have already been penalized points by the Premier League. Furthermore, another charge is on the way in April.
Considering Aston Villa’s all-time loss is now £145million more than the Toffees, the Villa Park decision-makers must ensure they work the right side of the dotted line.
The club’s statement read: “It is important to note that these figures align with the strategic business plan. The owners are committed to the long-term and sustainable development of the club, and we look forward to sustained success on the fulfillment of our strategic plan.”
Let’s hope these comments ring true with sustainability at the forefront of the ownership’s mind.
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