Although UEFA has disclosed that the losses for this accounting period are among the biggest in Europe, other factors must also be considered.
The sports financial specialist acknowledged that after the defeat, Villa may deduct COVID losses from PSR deductions and infrastructure investments.
“It is a significant loss,” he said to Villa News alone.
“The UEFA report shows that they are comparing themselves to other clubs, which is why they have one of the best standards in and around Europe.
“I believe that the stadium and infrastructure costs will be able to be deducted from PSR deductions if you roll that back and look at the investment in some of the player signings over the past year or so during that period and some of the other things that Villa has invested in.”There will be additional expenses that are also considered, but this indicates that the club is planning to make investments going forward. They have been extremely confident about this and have stated that they are according to the law.
“It’s a big number and will definitely raise questions about Premier League PSR regulations. It will also be interesting to see what happens to the club in the summer and if they qualify for the Champions League.”
Thank goodness, NSWE has always been able to follow through on their commitments; if they weren’t sure they would not have overspent.
Everything is good at Villa Park, even with the deduction of almost £50 million for COVID and other infrastructure charges to consider.