Aston Villa has officially announced a club record post-tax operating loss of £119.6 million for the 2022-23 season. Despite the significant financial loss, the club has stated that these figures were anticipated and align with their strategic business plan. Furthermore, Aston Villa has assured that they continue to comply with the Premier League’s Profit & Sustainability rules.
The club’s statement highlights:
- The post-tax operating loss for the 2022-23 season stands at £119.6 million.
- The financial figures are in accordance with Aston Villa’s strategic business plan.
- The club remains compliant with the Premier League’s Profit & Sustainability regulations.
This announcement comes amidst a challenging financial climate for football clubs, with many facing the repercussions of the global pandemic and its impact on revenues. Aston Villa’s acknowledgment of their financial loss while ensuring compliance with league regulations reflects their commitment to financial stability and strategic planning for the future.