Report: Tony Xia takes on new role and admits sale of £30m-rated Aston Villa star inevitable
Aston Villa have suspended their CEO Keith Wyness after it is alleged that he discussed the possibility of administration behind owner Tony Xia’s back, according to a report.
The Birmingham Mail claim that an investigation has been launched into his conduct and that he was informed of his suspension yesterday.
The report also claims Xia is finding it hard to get money out of China, which has led to financial problems at the club being highlighted.
He is set to take on a loan to cover the pressing issues, such as the £5million tax bill and that should stop any winding up order on the cub, for now at least.
Xia wants to remain as owner of Aston Villa and has taken over the role of CEO in Wyness’ absence.
However, the report does say that Xia has accepted that the sale of Jack Greaslish is ‘inevitable’. He is rated at around £30million.
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Football Insider verdict:
This clears some things up but still leaves Aston Villa in a whole heap of trouble. Xia is obviously unhappy at the conduct of his former CEO but why was he discussing administration? He would know the extent of Villa’s financial problems and it hints at major problems if the owner and CEO are working at such odds from each other. Players will be leaving Villa this summer, with the report claiming that the sale of Grealish is ‘inevitable’. This is bad enough but it’s likely others will follow and any hopes that Villa had of remaining competitive in the Championship seem to be long gone. Fans will be hoping that they can stay in the Championship, and that they don’t follow the model of bitter rivals Coventry City, who dropped out of the Premier League in 2001 and won their first promotion last season that got them back into League One. They know only too well how hard it is to get anywhere near the Premier League after financial fallout.
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