Revealed: Aston Villa bank £55million injection ahead of January signing blitz
Aston Villa chiefs have injected £55million into the club in the form of a new share issue, Football Insider can reveal.
A Companies House submission made earlier this month (19 December), backdated to 15 December, shows that over one billion shares were allotted for five pence each.
Overall, the share issue totals £54.7million, although it is not clear whether the investment comes in the form of new cash or the conversion of debt into equity.
The share issue represents the latest show of support from owners Nassef Sawiris and Wes Edens, who have offered their financial support at Villa Park since their takeover in 2018.
As revealed by Football Insider in May, NSWE have already invested around £124million over the 2022/23 season.
The latest injection of money arrives just ahead of the start of the January transfer window - where Villa are expected to be busy strengthening Unai Emery’s squad after a strong start to the season.
Football Insider reported in December that Edens and Sawiris are prepared to back Emery with a large budget for a ‘January blitz’ next month.
They are expected to invest in new forwards during January after several injuries to their striking department this season.
The Birmingham-based side currently sit third in the Premier League table, just three points behind leaders Liverpool at the halfway point of the 2023/24 campaign.
Villa are also through to the knockout stages of the Europa Conference League after topping Group E.