Aston Villa admit €140m loss but won't be sanctioned
Aston Villa on Tuesday published their losses of 119.7 million pounds (140 million euros) for last season which, however, will not result in financial problems for the club.
Premier League financial rules state that a club can be penalised if three-year losses exceed 105 million pounds (122 million euros). Villa made a profit of £400,000 in the 2021/22 campaign and losses of £68m in the 2019-2020 and 2020-2021 campaigns, combined for the impact of COVID-19. This amounts to a loss, over the last three years, of £187m.
Unai Emery's side will avoid penalties because the Premier League allows some of those losses to be written off, such as those incurred during the coronavirus pandemic, those related to the women's team or those incurred in the development of the youth academy, as well as community projects.
In this way, the Birmingham team will avoid possible sanctions such as the one that affected Everton and caused them to lose 10 points, later reduced to six points, and the one that could hit Nottingham Forest and Everton themselves in April for financial irregularities in their accounts.
In the winter transfer window, Villa spent just 18 million euros on three players, while in the summer they spent close to 100 million euros on players such as Moussa Diaby (55 million euros) and Pau Torres (33 million euros).
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