Aston Villa

Aston Villa paid approximately £105million in wages in 2019-20 – that represents 97 per cent of their annual turnover. 

That is according to finance guru and Football Insider columnist Kieran Maguire, speaking exclusively after Villa released their official report via Companies House.

Villa released an overview of their accounts via press release on 9 April but key details, such as wages-to-turnover figures, were omitted.

Maguire previously told this site that this was a deliberate strategy designed to soften the media’s response. 

The spreadsheet expert claimed that the 97 per cent figure was alarming but forecasted that next season’s results would be more encouraging.

“It is high,” he told Football Insider correspondent Adam Williams.

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“Uefa has set a red line of 70 per cent but we’re living in extraordinary times.

“Villa’s revenue has been hit in terms of matchday income, broadcast rebates and so on.

“I anticipate the wages-to-turnover rate dropping next season because Villa are going to finish much higher up the table. Last year they only just scraped survival.

“Secondly, we’ve got the issue of there being 44 or 45 games to take into consideration because of broadcast schedules.

“So I anticipate it dropping. Why is it so high? The owners are very ambitious and will back the manager in terms of their recruit and retain policy.

“This shows that the owners backed Dean Smith in terms of recruitment, which was a bit hit and miss last season. “

Villa posted a £99.2m loss for the 2019-20 season, up on a £68.9m shortfall in 2018-19.

The club chalked up £36.1m of the overall loss to the fiscal impact of the pandemic.

In other news, Premier League big guns join Aston Villa in race for striker’s signature.