Cash flow analysis: Aston Villa's new deep-pocketed owners financed a £100 million promotion show
6 March 2020
Aston Villa incurred the highest loss recorded by a Championship club in at least ten years, emphasising the need for new capital - apparently not available from their previous owner.
Nassef Sawiris and Wes Edens, the current owners who came to the rescue at the beginning of the 2018/19 season, injected £106 million into the club during their first ten months of ownership.
The pair have further shown their commitment by funding another season with capital requirements well above the £100 million mark.
The promotion season turned out to be rather expensive for Aston Villa, who reported a bottom-line loss of £69 million in their recently published financial report for last year.
Despite some creative bookkeeping, including the controversial sale-and-leaseback agreement for Villa Park, which brought in a profit of £36 million, this is the largest loss incurred by a Championship team in at least ten years (as far back as our data extends).
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