Aston Villa get PSR boost after £120m reveal
Aston Villa have received a financial boost after a £120million loss has dropped out of their profit and sustainability (PSR) calculations, sources have told Football Insider.
The West Midlands giants have faced PSR issues over the past couple of seasons as they look to close the gap on the top clubs.
Under the PSR rules, Premier League sides are only permitted to lose £105million over a rolling three-year period.
Villa avoided a spending breach for 2023-24 after selling Douglas Luiz, Tim Iroegbunam and Omari Kellyman before last summer’s 30 June accounting deadline, reducing their annual losses to £85million.
Unai Emery’s side have been hampered by their £120million loss for 2022-23, having been forced to balance the books.
However, that heavy loss dropped out of Villa’s three-year PSR calculation from 1 July onwards following the start of their new accounting year.
They were close to the spending limit again for 2024-25 before completing the last-ditch sale of their women’s team to raise funds before the 30 June accounting deadline.
Finance expert Stefan Borson told Football Insider Villa have lined up another deal to improve their PSR position, with the planned sale of ‘The Warehouse’.
The multi-use venue, which is set to become the biggest beer hall in the Premier League on matchdays and host events throughout the year, is scheduled to open at Villa Park in December.
Aston Villa have smashed club record
Football Insider revealed on 25 July Villa are likely to have smashed their revenue record again last season, with a turnover in excess of £350million.
That is driven by their strong performances in Europe, having reached the quarter-finals of the Champions League before being knocked out by eventual winners PSG.
Emery’s side posted a club-record revenue for 2023-24 after their turnover increased from £218million in 2022-23 to £276million.
In terms of transfer activity, it’s been a quiet summer window so far at Villa Park.
Yasin Ozcan, Marco Bizot and Modou Keba Cisse have joined for modest fees, while Zepiqueno Redmond arrived on a free transfer.
Aston Villa doing everything they can to keep Morgan Rogers
There has been plenty of speculation around the future of Morgan Rogers following his impressive performances since joining from Middlesbrough in a £15million deal in February last year.
Football Insider revealed on 3 August Villa are doing everything they can to keep Rogers this summer.
Chelsea are believed to have identified the England international as a key target ahead of the transfer window closing on 1 September.
However, Villa are adamant the 23-year-old is not for sale as he remains a crucial part of Emery’s plans.
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