Revealed: Aston Villa bank £55million injection ahead of January signing blitz
Revealed: Aston Villa bank £55million injection ahead of January signing blitz According to Football Insider, Aston
Villa’s executives have invested £55 million in the team through a fresh share offering.
A filing to Companies House earlier this month (19 December), which was backdated to 15 December, reveals that
more than one billion shares were distributed at five pence apiece.
Overall, the share issue totals £54.7million, although it is not clear whether the investment comes
in the form of new cash or the conversion of debt into equity.
The share issuance is the most recent demonstration of support from Villa Park’s owners, Nassef Sawiris and Wes
Edens, who have contributed financially ever since taking control in 2018.
Football Insider first reported in May that NSWE had already committed about £124 million for the 2022–2023 season.
The most recent round of funding comes shortly before the January transfer window opens, and Villa is anticipated
to be busy bolstering Unai Emery’s team following a successful season debut.
As stated by Football Insider in December, Edens and Sawiris are willing to provide Emery a substantial financial
support for a “January blitz” that will take place the following month.
Due to multiple injuries to their attacking group this season, they are anticipated to make an
investment in new forwards in January.
The Birmingham-based side currently sit third in the Premier League table, just three points behind leaders
Liverpool at the halfway point of the 2023/24 campaign.
Villa are also through to the knockout stages of the Europa Conference League after topping Group E.
In other news, Kieran Maguire confused by ‘strange’ Aston Villa twist as £100m deal blocked.
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