ASTON VILLA are nearing a £55m deal that would see their women’s team sold to the club’s own parent company.
The club hopes the sale will offset recent losses in order to help them comply with PSR rules.
Villa are also in talks to sell a 10 percent stake in the women’s team to American investors for £5.5m, according to The Telegraph.
The Premier League requires that fees paid for internal assets are reasonable, with the sale price of the minority stake driving the overall team’s valuation of around £60m.
The Midlands club would be able to sell the remaining 90 percent stake to their own parent company, V Sports, and put the proceeds towards their 2024-25 accounts.
V Sports is co-owned by American Wes Edens and Egyptian Nassef Sawiris, with the pair having taken the reins at Villa Park in 2021.
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Chelsea used a similar trick to avoid falling foul of PSR last year, when they sold their women’s team to parent company BlueCo.
The Blues pocketed close to £200m in that deal, just months after selling an eight percent stake in the women’s team to Reddit founder Alexis Ohanian.
The West-London outfit have been on a relentless spending spree since American Investor Todd Boehly took over in May of 2022, but have so far escaped breaching PSR.
Villa have not spent so freely in the transfer market, but, despite their recent European campaigns, have still found themselves having to resort to sneaky tactics and reductions in player costs to stay within financial regulations.
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Similar accounting measures are being considered for the club’s new events space ‘The Warehouse.’
The space could be valued at around £50m – despite it not being planned to open until December 2025.
Losses of over £105m over the last three seasons would put The Villans in PSR hot water, but the club are ‘confident’ that they will remain within the regulations come the deadline.
The PSR accounting deadline is Monday the 30th June, however, the club could still include the sales in their 2024-25 accounts provided the sale was agreed in principle before the deadline.
