FOOTBALL

Aston villa Unai Emery reveals What £120m loss means for PSR and summer transfer plans…..

In a statement that accompanied the publication of the club’s 2022/23 financial results, Aston Villa claimed that they continued to operate within the Premier League’s Profit and Sustainability Rules (PSR).

Villa, enjoying a fine season in the Premier League this campaign under Unai Emery, sitting fourth, five points ahead of Tottenham Hotspur. They are in a strong position to push on and achieve what would be lucrative Champions League football next year, and have plenty of potential financial gains to make in the coming months and years.

But the accounts for Villa’s 2022/23 reporting period, which ended on May 31, showed heavy losses for the club as they took the gamble to invest in talent on the pitch, with the club posting a pre-tax loss of just under £120m for the year, the biggest loss UEFA has seen so far this season. Such heavy losses, some £15m over the PSR limit of £105m over three years, posted in just one financial year, has raised concern from some fans.

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button