Kieran Maguire: Aston Villa have 'concerning' wage issue amid £659m reveal
Aston Villa may be a less attractive investment prospect than some of their Premier League peers because of the scale of their wage bill.
That is the view of finance guru Kieran Maguire, speaking exclusively to Football Insider about Forbes‘ latest valuation of Villa.
According to the industry experts’ annual list of football’s most valuable clubs released last Friday (9 September), Villa are worth £659million.
This ranks Wes Edens and Nassef Sawiris’ investment as the 20th most valuable in world football.
But there are still 10 Premier League clubs who are estimated to be worth more, including Leeds United, Everton and Leicester City.
Villa’s wage bill for 2020-21, the latest financial year on record, stood at £138m, and this is likely to have risen with signings like Philippe Coutinho.
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Maguire claimed that their relatively low valuation may be reflective of their comparatively high wage bill.
“Villa’s valuation being lower than the likes of Leeds should be taken with a pinch of salt,” he told Football Insider’s Adam Williams.
“But if you are looking more forensically at the numbers, one of the concerns is that the club has invested significant sums into the squad and that is reflected in the wage bill.
“That means that they have a committed cost going forwards over the next few years.
“Some other clubs, Leeds, for example, have more flexibility because they have moved on big earners.”