Aston Villa insists it is operating within the EPL financial guidelines after announcing a £120 million loss. - Flashfootballnews
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Aston Villa insists it is operating within the EPL financial guidelines after announcing a £120 million loss.

Everton and Nottingham Forest have already failed to comply with the Premier League’s profit and sustainability regulations, which allow for losses of up to £105 million over three years.

Aston Villa has asserted that it is following English Premier League financial standards after showing a loss of £119.6 million (€139.8 million) in its latest reports on Tuesday.

Aston Villa vs Everton
Aston Villa vs Everton

The accounts are up to May 31, 2023, and cover the period when the team placed seventh in the league and qualified for the Europa Conference League.

Everton has already received a six-point deduction (reduced from ten after an appeal) and could face another penalty in the coming weeks, along with Forest.

Villa reported a profit of £300,000 in its 2021-22 reports, stating that the latest statistics “are in line with the strategic business plan.”

Nottingham-Forest-against-Everton_11zon
Nottingham-Forest-against-Everton_11zon

Villa’s infrastructure, women’s team, academy, and foundation have all contributed significantly to its spending, which can be removed from the PSR figures.

Wages grew by roughly £60 million to £194.2 million.

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