Aston Villa Financial Update: £13 million pounds injected into Villa in February.

Companies House records for Villa show that £13,000,000 (Thirteen Million) of financing was injected into the club in February.

The filing, published on 19th February 2019, indicates that the significant increase in shares were allotted on 15th February.

Whilst Villa’s exact current day to day losses are unknown, the state of the clubs broader finances prior to the takeover from Tony Xia were well documented.

From a peak wage bill of around £60 million, Villa’s wages are now more realistically in the region of £45 million.

However, Villa are constrained on a number of fronts.

The end of parachute payments, tax obligations, outstanding player payment liabilities, not to mention the need to expend on stabilising the squad.

Whilst Villa haven’t gone wild in the transfer market, there has still been expenditure in terms of fees (albeit likely with deferred payment plans or with heavily incentivised clauses).  John McGinn, Orland Nyland, Lovre Kalinic and Frederic Guilbert have been purchased.

Wages are more plausibly a major ongoing burden, with Villa reportedly fully funding the likes of Tammy Abraham’s Chelsea wages, believed to be anywhere between 35k-50k per week.  Additionally, Villa are exposed to funding all or part of loanee’s Tyrone Mings, Tom Carroll and Axel Tuanzebe’s salaries.  It is likely some small relief that Yannick Bolasie’s £80k weekly pay terminated prematurely along with his season long loan.

All fans will recall that following the failed bid to return to the Premier League in 2018, then owner Tony Xia saw the club unable to meet it’s tax obligations with HMRC (May 2018) before desperately limping the club through the summer using hastily assembled loans.

This period infamously saw Villa suspend then CEO Keith Wyness as it found itself served with a seven day winding up notice.

You can explore further information on ASTON VILLA FOOTBALL CLUB LIMITED in the public records available at Companies House here.  The clubs registered company number is 03375789.

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