, 6 tweets, 3 min read Read on Twitter
Aston Villa Football Club Limited publishes losses of £32 million for 2017/18. Take these figures with extreme caution as exclude player wages and player transfer amortisation, which are in the accounts of parent Recon Group UK whose accounts are overdue #AVFC #SmokeAndMirrors
Villa income should be broadly correct for Group too. Gate receipts up due to playoffs. Broadcasting down £7m & likely to fall another £20m+ in 2018/19 as parachute payments taper. Sponsorship up due to training ground agreement
Wages for Aston Villa Football Club Ltd £6m excludes players in 2017/18. Recon Group in 2016/17 had wages of £61m including players.#AVFC
Aston Villa Football Club had accumulated losses for all the years of trading of the club of £265 million at 31 May 2018
New owners of Aston Villa controlling the club via a Luxembourg company.
Training ground sponsorship from Hong Kong parent last year was worth £1.9 million to Aston Villa #AVFC
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