AA-Sport > Football > TA: Following Chelsea operations, Villa is considering selling the club women s team to maintain financial balance
TA: Following Chelsea operations, Villa is considering selling the club women s team to maintain financial balance
June 26, According to The Athletic, Aston Villa is studying the women's football team that sells the club to meet the Premier League's profitable and sustainable development rules (PSR).
Sources revealed that Villa has been considering the sale for the past 18 months, with the club losing 195 million pounds in the past two years, facing the risk of violating PSR rules.
Previously, Chelsea had balanced accounts by selling the women's football team to the club's parent company, creating nearly £200 million in profits, and also opened up a path for other Premier League clubs to consider similar arrangements.
Chelsea later sold 8% of its stellar women's football team to Alexis Ohanian, co-founder of social news forum Reddit and the husband of Serena Williams, the 23-seat tennis Grand Slam winner.
Vera Women's Football Team ranked sixth in the women's Premier League last season. It is not clear whether the club will eventually sell the women's football team to itself or external investors, but the relevant discussion is advancing. The revenue from the deal could be significant if the club hopes to avoid violating Premier League financial rules.
Vera men's football team ranked in the top seven in the league for three consecutive seasons under the leadership of coach Emery. However, the club's 2023-24 season financial report showed a loss of 85.4 million pounds and a loss of 119.6 million pounds in the 2022-23 season.
Although Villa had a profit of £300,000 in the 2021-22 season, and the investment in infrastructure, youth training and women's football is exempted, the cumulative loss in three years still exceeds £105 million, which will constitute a PSR violation.
Chelsea earned £198.7 million by selling women's football, meaning they have £128.4 million before tax profits on record and successfully remain within the PSR limit.
However, the Premier League has not yet determined that the deal is in line with reasonable market value, and UEFA refuses to accept its plan to offset losses through sale, and Chelsea may still face UEFA fines.
Villa men's football team ranks sixth in the Premier League this season and will participate in the Europa League next season.
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