Aston Villa avoid points deduction after owner’s decision – Stefan Borson
Aston Villa have avoided a potential points deduction after making the decision to move their accounting period to 30th June.
That is the view of finance expert Stefan Borson, who exclusively told Football Insider Villa would have been unlikely to fall within the profit and sustainability (PSR) losses limit if the club’s hierarchy had not pushed their year-end back a month from 31 May.
Football Insider revealed last month the West Midlands giants had to raise £60million in player sales to avoid a potential points deduction next season.
Unai Emery’s side are believed to have passed PSR after making a number of sales before submitting their accounts on 30 June.
Villa sold Douglas Luiz, Tim Iroegbunam and Omari Kellyman in the final few days of the month to ensure they didn’t break the rules.
Aston Villa avoid points deduction after last-ditch player sales
Borson believes avoiding a breach wouldn’t have been possible without extending their accounting period to the end of June – something companies can only do once every five years on Companies House.
“Villa moved their year-end from 31 May to 30 June earlier this year,” Borson told Football Insider.
“We know now the extra month that they gave themselves was so that they could meet PSR and they have done it.
“They have sold some players and they have hit their PSR target.
“If they had not moved that accounting period, it looks like they wouldn’t have been able to meet PSR.”
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