Finance Expert: Aston Villa have FFP wiggle room with profits expected in next accounts
We’re delighted to welcome football finance expert Dr Daniel Plumley as our exclusive columnist, he’ll be giving his views on the biggest talking points at Aston Villa.
Dan Plumley has insisted that Aston Villa have a “fair bit” of Financial Fair Play wiggle room available to them with transfers still playing a big role.
The Finance Expert admitted that when the sale of Jack Grealish is fully realised too along with the model of selling and buying players, it gives clubs room to manoeuvre.
It is expected that the Villans will post a profit in their next published accounts, after years of losses which will no doubt please Wes Edens and Nassef Sawiris.
“The overall losses are one thing we need to focus on for FFP but there is still that weird period where we’ve still got some of the COVID clawback going on with clubs fighting back,” he exclusively told Villa News.
“The other thing with Villa is they still have some money to play with from the way sales work in and out, the Jack Grealish transfer and when that is realised in the accounts and if you are in the model of selling players for decent fees and buying some as well, I think that gives you room for manoeuvre as to how they record in the books.
“Also, from the owners’ point of view, we have seen them put in equity injections quite frequently in recent years, which again, is another way to inject and do some depth-to-equity conversion so the balance sheet looks better.
“I think they have got a fair bit of wiggle room despite the losses.”
This is certainly good news for the club and everyone involved, with yet more transfer spending surely on the cards to help Unai Emery really kick on since his arrival.
In other Aston Villa news, patience is a virtue for fans and serial winner Unai Emery