Published: Fri, June 08, 2018
Sport | By Billy Aguilar

Aston Villa re-assuring supporters of plans amid financial crisis

Aston Villa re-assuring supporters of plans amid financial crisis

News of Wyness' suspension will come as a crushing blow to Villa, with the club having narrowly missed out on promotion back to the riches of the Premier League.

Furthermore, Villa face Financial Fair Play restrictions that Xia described as "severe" in his statement last week.

The 22-year-old is valued at £40m with Tottenham, Leicester and West Ham all interested, but who else could be sold amid the financial crisis?

The club suspended chief executive Keith Wyness as news emerged of a missed tax payment to HMRC that has seen Villa threatened with a winding-up order. John Terry has already left the club whilst Alan Hutton and James Chester are also likely to leave this summer as the Villa Park look to tighten their belts under Steve Bruce.

Sky are reporting that HMRC are content with an arrangement whereby Aston Villa will pay £1.2m by the end of this week, roughly half of the money it owes in unpaid tax, after an immediate payment of £500,000 was made earlier today. The outstanding amount is then likely to be sent swiftly.

Part of the cash flow issues the club are facing are due to the fact that Villa are not now earning any matchday revenue in the close season, despite already selling 17,000 season tickets.

Owner Dr. Tony Xia has still not been in contact with the former Manchester United defender about his future, even though it is more than two weeks since the club lost to Fulham at Wembley Stadium.

The group is unhappy with a lack of communication from the top and want clarity over the club's position.

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