A rare piece of good news for Aston Villa

Lynette Rowe
June 7, 2018

Villa have said an agreement has been reached with HM Revenue and Custom over the £4million tax bill.

There's a bit of uncertainty around Villa Park after losing to Fulham in the Championship Playoff Final at Wembley and thus missing out on a berth in next season's Premier League.

A statement from the club added: "Owner and chairman Dr Tony Xia would like to take this opportunity to sincerely thank supporters during this hard and unsettling time and reassure them plans are now being put in place to move the club forward".

English Championship side Aston Villa have been handed a £4.2 million (US$5.6 million) tax bill by the United Kingdom government and have been given seven days to pay or risk facing a winding-up order and going into administration, according to reports.

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?

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The Aston Villa Supporters' Trust has also called on the club to give fans an update on the situation.

James Chester has also been linked with a move while fellow defender John Terry will leave on a free and full-back Alan Hutton is expected to depart when his contract expires at the end of the month as the club cuts costs.

The outstanding amount is then likely to be sent swiftly, ensuring administration is not an immediate threat.

Chief executive Keith Wyness was recently suspended from his duties too.

Xia bought Villa from Randy Lerner for around £75m two years ago and it will require a similar figure to keep the club going for their third season in the Championship.

Other reports by LeisureTravelAid

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