Aston Villa have posted a loss of £119.6m in club’s financial figures for the 2022/23 season.
The figures are from last season in which Unai Emery’s side secured a top-seven finish in the Premier League and Europa Conference League qualification.
Premier League clubs are permitted to lose no more than £105m across a three-year period, to comply with the Premier League’s Profit and Sustainability Rules (PSR).
Several areas of investment can be deducted from PSR figures, including in academy development, charity, infrastructure and women’s football. Losses incurred during the Covid-19 pandemic can also be claimed back.
Villa posted a profit of £300,000 for the 2021/22 season, a figure aided by the £100m sale of Jack Grealish to Manchester City.
The latest figures will concern the club’s fanbase given recent charges for Everton and Nottingham Forest for financial breaches, with the former hit with a record 10-point deduction, which was reduced to six points on appeal.
However, Aston Villa have released a statement which says the figures are in line with the club’s ‘strategic plan’.
“The owners of Aston Villa remain committed to the long-term and sustainable development of the club, and we look forward to continued progress on the delivery of our strategic plan,” the statement read.
