16/10/2019

Aston Villa confident of no FFP breach as Premier League look at Villa Park sale


Since the Premier League look into the lease and sale back of Villa Park, aston Villa are confident they have not violated any Financial Fair Play rules.
Despite conducting the transaction while at the Championship, along with Reading, Derby and Sheffield Wednesday, the Premier League will consider if Villa are in violation of any FFP rules.
Like those that have been initiated from the EFL on Pride Park, Hillsborough and the Madejski Stadium, the review may include an independent valuation of the scene in Aston.
Villa are said to have sought and received consent by the EFL before promoting Villa Park to another of the owners’ businesses – reportedly for a cost of #56.7m – then renting it back.
When they earn their FFP assessments, the Midlands club are understood to be content to open their accounts to the Premier League.
Following the EFL commissioned a separate evaluation following concerns from additional second-tier clubs it was overvalued on Thursday, Derby defended the # 80m sale of Pride Park.
These four nightclubs, one of which has achieved marketing, to market their stadiums to other companies with the identical ownership’s choices has been met with resistance and criticism from Championship sides.
Middlesbrough have begun legal actions against Derby within the problem and Boro chairman Steve Gibson has whined to the EFL, saying he believes the selling and lease-back system contravenes the League’s rules on P&S – however his proposal to change the rule before this season has been hunted from the other nightclubs.

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