New filing reveals that Aston Villa sold stadium to owners 5 weeks ago
28 June 2019
The filings explains why Villa has been so confident about not breaching the FFP rules.
Villa Park sold for £56.7 million to NSWE Stadium Limited.
More than three weeks after stadium ownership changed hands, CEO Christian Purslow didn't make any mention of the sale at a fans consultation group meeting.
Updated (15:25) Aston Villa have sold Villa Park to their NSWE Stadium Limited in an apparent bid to avoid breaching the EFL’s financial fair play rules.
A filing at the Land Registry on June 6, which has not been made public by Villa, states that ownership of the ground transferred from the club to NSWE Stadium Limited on May 21st for £56.7 million.
The company was set up by Villa’s owners some time ago as Recon Football Limited.
Do you want to read this article?
Get instant access by subscribing to our free weekly newsletter.
You will receive a link that unlocks the article in an email.
Passionate about football and the business behind the beautiful game?
Subscribe now to access all the latest news and exclusive industry insights from leading football finance experts.
Already a member? Login