The expansion of Villa Park will help Aston Villa join the Premier League elite. 

That is according to finance expert and Football Insider columnist Kieran Maguire, speaking exclusively after Villa published their annual financial report.

The club posted a £99.2million loss as an accompanying statement outlined plans to revamp Villa Park.

A Villa spokesperson told Birmingham Live: “The Board’s strategy includes a long-term plan to improve our iconic Villa Park home and preliminary designs and schemes are now being formulated both to increase our capacity and modernise our commercial facilities.”

Maguire explains that enhanced capacity at Villa Park could help catapult the club to the next level.

He told Football Insider correspondent Adam Williams: “They could easily host around 55,000.

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“Looking at Villa’s matchday income, we’re talking around £20m. Spurs are on £120m, by comparison. 

“A new stadium will help Villa to move on to the next step. That next step could be hosting 30 games a year rather than 21 or 22 because perhaps they get into the Europa League.

“We all know no one is interested in the group stage but once you get into the knockouts you can then start to bring in more money.

“As far as the owners go, they did not buy Aston Villa with a view to them chasing after 9th place in the Premier League. Their ambitions are far greater.

“I think this is an indication of the ambition of the owners to be competitive in the elite of the Premier League.”

Maguire previously told Football Insider that Villa are set to miss out on £22m worth of matchday income in 2020-21.

On the pitch, Dean Smith’s side are enjoying a strong season and are 11th in the Premier League table with eight matches remaining.

In other news, 2019 signing tipped to quit Aston Villa after Lange reveal.