(Credit: Manh Tung/Breaking Media)

Jacob Raw

Fri 8 May 2026 17:10, UK

Aston Villa‘s parent company NSWE announced losses of up to £96.7million this week, and that could be a problem when dealing with UEFA, once again.

NSWE’S UK Limited account published losses of £96.7m, which is suggested to be figures shifted away from Villa to ease PSR concerns.

The Villans published their own accounts earlier in the year, showing a great increase in revenue, but still showcasing signs of overall losses.

NSWE Sports Limited did show profits of £17m, and this is good news for Villa’s worries in the Premier League, but overall, it puts more strain on the club’s relationship with UEFA.

Villa have sold their women’s team internally as well as other assets to alleviate losses from the men’s team, as finance expert Kieran Maguire breaks down what it means for NSWE regarding the Premier League and UEFA.

Kieran Maguire suggests Aston Villa to have ‘challenging’ year amid £96m loss

The fact that NSWE needed to shift £96m of losses away from Villa is not great news, though it does show their commitment to the club to have this on their own records, if anything.

However, Maguire has explained that, from a PSR perspective, the £17m profit on NSWE Sports Limited is good news for Villa regarding their financial constraints in the Premier League.

While speaking on The Price of Football podcast, Maguire explained that UEFA don’t like this type of structure with clubs, and the losses will ring alarm bells to them.

Maguire said: “The Premier League will use the 17m profits to determine whether Villa were or were not in breach, but from UEFA’s point of view, they don’t like this; they are going to use the £96m losses.

“Should Aston Villa qualify for Europe next season, they could have a challenging year.”

Maguire alluded to the fact that Villa have already been in breach of UEFA’s rules, with a loss limit restriction on accounts for this season alone.

He also doesn’t think that participation would be in doubt, but did suggest that a bigger fine could come Villa’s way.

What are some of UEFA’s biggest fines handed to clubs?

Villa were already given a fine of over £9m by UEFA for breaching loss limits, and another violation of rules would not be club.

As Maguire suggests, the potential fine could be even bigger than their one, as UEFA do not hold back given their history.

Chelsea were fined just under £30m last year, while Manchester City were given a £26m fine in 2020, along with a two-season ban from Europe, which was later overturned and the amount was reduced.

PSG were also given a £17m fine back in 2024, which was one of the first landmark financial fair play settlements.

Anything close or even similar to the previous £9m fine would be damaging for Villa, and NSWE need to hope they have their backs covered.