JUST NOW: Aston Villa have received a £55 million injection ahead of

Aston Villa chiefs have injected £55million into the club in the form of a new share issue, Football Insider can reveal.

A Companies House submission made earlier this month (19 December), backdated to 15 December, shows that over one billion shares were allotted for five pence each.

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 issue represents the latest show of support from owners Nassef Sawiris and Wes Edens, who have offered their financial support at Villa Park since their takeover in 2018.

As revealed by Football Insider in May, NSWE have already invested around £124million over the 2022/23 season.

The latest injection of money arrives just ahead of the start of the January transfer window – where Villa are expected to be busy strengthening Unai Emery’s squad after a strong start to the season.

Football Insider reported in December that Edens and Sawiris are prepared to back Emery with a large budget for a ‘January blitz’ next month.

They are expected to invest in new forwards during January after several injuries to their striking department this season.

Aston Villa Player Ratings for the 2020/21 season thus far - 7500 To Holte

Be the first to comment

Leave a Reply

Your email address will not be published.


*