Villa face “significant challenges” to escape EFL sanctions next year
6 March 2019
New heavy loss puts pressure on Aston Villa to avoid breaching Financial Fair Play regulations next year.
Owners put in £68 millions due to liquidity problems during the summer of 2018.
Aston Villa have admitted they have “significant challenges” to avoid a heavy fine or points deduction under EFL profit and sustainability regulations next year.
Latest accounts for Recon Group UK Limited - the club's parent company - show the club made a heavy loss of £36.1 million for the 2017-18 season, compared to £14.5 million in 2016-17 - an increase of £21.5 million.
Under the EFL's profitability and sustainability rules, Villa can post losses of up to £61 million over a three-year period, which takes in their final season in the Premier League.