logo
Aston Villa set to sell women's team for £60m to avoid PSR breach... with dramatic move helping avoid key player sales before deadline

Aston Villa set to sell women's team for £60m to avoid PSR breach... with dramatic move helping avoid key player sales before deadline

Daily Mail​12 hours ago

Aston Villa are close to agreeing a deal to sell their women's team to a sister company – and ensuring they meet Premier League spending rules for another year.
With June 30 the final day of the 2024-25 accounting period, Villa needed to make a significant sale to ensure they comply with profitability and sustainability regulations.
Yet instead of moving on one of their main players, it is thought they are close to finalising the sale of their women's team, which could bring in between £50-60million.
Chelsea took advantage of a similar kink in Premier League rules to sell their women's team, as well as two hotels, for more than £250m. Earlier in June, the League failed in its bid to prevent clubs selling assets to sister companies in order to comply with its Profitability and Sustainability Rules.
Last summer, Villa avoided a potential 10-point deduction for breaking PSR because they sold Douglas Luiz to Juventus. It had been feared they would need to sell another key player 12 months later, with Emi Martinez keen to leave the club and Morgan Rogers attracting interest from Arsenal and Chelsea.
But it is thought the transaction involving the women's team would allow Villa to comply for 2024-25. Fringe players Louie Barry and Kaine Kesler-Hayden may be sold to Hull and Coventry respectively on Monday, but these deals have not been negotiated with PSR in mind.
Villa are also close to agreeing a deal to pay up the contract of Philippe Coutinho, who has not played for the club since August 2023 but earns about £120,000 a week. From Tuesday, they will no longer paying last season's loan players Marcus Rashford, Axel Disasi and Marco Asensio.
There is still expected to be substantial trading during the remainder of the transfer window as boss Unai Emery tries to strengthen his squad for the new campaign.
Emi Martinez is keen for a new challenge though currently has no firm offers from Premier League clubs, and he is so far reluctant to move to the Saudi Pro League.
Villa would listen to offers for players like Leon Bailey and homegrown midfielder Jacob Ramsey.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Yonder launches debit cards
Yonder launches debit cards

Finextra

time19 minutes ago

  • Finextra

Yonder launches debit cards

British credit card rewards startup Yonder has launched its first premium debit cards. 0 The new Mastercard debit cards offer the same perks as Yonder's credit card: points earning, zero foreign exchange fees, curated local rewards and travel-friendly benefits. The Yonder Free Debit earns one point per £1 spent with no monthly fee. The Yonder Full Debit earns four points per £1 spent, gets full access to all Yonder Experiences travel insurance worth £275 for £15 a month or £160 a year. Founded by three Clearscore alumni and launched in 2022 with £20 million in startup funding, Yonder aims to tackle the problems expats with no credit history face when applying for a credit card in the UK. The firm uses open banking data to build a more nuanced, personalised picture of its customers' spending habits and suitability for credit and offers a suite of rewards-based offers to cardholders. The firm says its members have spent more than £170 million, saving over £1.2 million in FX fees & redeeming £1.1 million in rewards. Earlier this year, it secured a minority investment from NatWest, with the high street giant planning to collaborate with Yonder to bring their insights and approaches to customer experience, engagement, and reward to its 19 million-strong customer base.

Chris Mason: Labour still has a big persuasion job ahead
Chris Mason: Labour still has a big persuasion job ahead

BBC News

time41 minutes ago

  • BBC News

Chris Mason: Labour still has a big persuasion job ahead

"I've not had as much quality time with my colleagues since the Brexit wars," a minister told me with a wry smile.A remark that gets to the heart of this benefits row within the Labour Party: this is a government with a big majority, that has already performed a big U-turn and yet is still involved in a big persuasion is not meant to happen, one year into government, with a working majority of prime minister himself will be getting stuck into some persuading today, making the case that these changes are, as he sees it, not only in keeping with Labour values but essential to ensure the long-term stability of the welfare if Monday's Commons statement from Work and Pensions Secretary Liz Kendall was intended to reassure Labour MPs, it is an open question as to whether it worked."It turned a fair few colleagues off. I think it will get through, but it'll be close," said one MPs press Kendall on rollout of benefit changesWelfare cuts: What are the Pip and universal credit changes?What has been driving the rise in disability benefit claims?Faisal Islam: How much will U-turn on disability benefits cost?There has been plenty of talk of there being 40 to 50 Labour MPs who are opposed, but things remain the size of the working majority, rebels would need to amass around 80 of their colleagues to vote against the government to defeat them, everything else being a key factor could be how many choose to abstain in the vote on Tuesday Prof Philip Cowley of Queen Mary University of London notes that the biggest backbench rebellion Sir Keir Starmer has suffered so far is largest rebellion in Tony Blair's first year in Downing Street was 47 and also on the welfare state - over lone parent largest backbench rebellion for any governing party in 200 years was in 2003, over the Iraq the heart of plenty of the concern over these benefits changes is what is being proposed for the Personal Independence Payment (Pip) at the end of next November 2026, the plan is the eligibility criteria for the main disability benefit will be Labour MPs and ministers had hoped a review of Pip, conducted by Work and Pensions Minister Sir Stephen Timms and involving disabled people, would reassure colleagues the government's intentions were something they could over and over again in the Commons concerns were raised that the timeframe of the review - itself due to report in the autumn of next year - would mean it would be too late to have an influence on the eligibility criteria for Pip beginning that beneath that there is an underlying critique: that the reason the plans for late next year remain in place is because that way it makes it (a bit) easier for Chancellor Rachel Reeves' numbers to add up - and, to use the jargon, for the measures to be "scored" by the Office for Budget Responsibility when it produces its forecasts, which are so central to the government's management of the plenty of Labour MPs this is wrong-headed, topsy turvy and an increasingly hard-to-defend approach to it is also worth emphasising, as it always is when there is a debate dominated by noisy people, that there are quieter Labour MPs, many keeping their heads down right now, who find this whole row gratuitous and fundamentally naive - and, they argue, it is Labour's duty to grapple with a spiralling benefits Sir Keir and Rachel Reeves have long argued that Labour being seen as credible custodians of the economy is the building block upon which everything else is Chief Whip, Sir Alan Campbell, in charge of winning the vote for the prime minister, has issued a plea for unity - something that only happens when there isn't a surplus of it - and told Labour MPs they should "act as a team". The party, he said, would have to come back together after this difficult vote for will debate the plans all over again later, and the vote is expected early this even if the government does win, that won't be the end of the arguments and votes are expected in the next few weeks.

Jonny Evans announces retirement and takes up new Manchester United role
Jonny Evans announces retirement and takes up new Manchester United role

Leader Live

time42 minutes ago

  • Leader Live

Jonny Evans announces retirement and takes up new Manchester United role

The 37-year-old, who won the Champions League, three Premier League titles, the FA Cup and two League Cups during his two stints at Old Trafford, has been appointed head of loans and pathways. Evans' role will see him work closely with director of football Jason Wilcox and the director of academy to ease developing talent into the first team. 🔴 Jonny Evans has been appointed as our Head of Loans and Pathways, confirming the end of his illustrious playing career 🤝 — Manchester United (@ManUtd) June 30, 2025 He told the club's official website: 'I want to officially announce my retirement from my playing career, not with sadness, but with pride, gratitude and excitement for the next chapter ahead. 'I'll be forever indebted to the managers, coaches, staff and, of course, my team-mates, that I have had the privilege of working alongside throughout my 20 years in professional football. 'My biggest and most heartfelt thanks must go to the fans who have supported me during every step of the journey. It's been an honour to be on the pitch and feel your passion home and away; I will be eternally grateful for every ounce of support. 'I am looking forward to working with the next generation of talented players to support them to reach their potential. Having had experience of loans myself, I know the crucial role that they can play within a player's development. 'I am excited to help further develop the pathway to our first team and continue the legacy of young players thriving at Manchester United.' Evans, who won 107 caps for Northern Ireland and was awarded an MBE for his services to football in 2023, emerged from United's academy to make 241 senior appearances for the club. He also had stints at West Brom and Leicester, with whom he tasted FA Cup success for the second time in 2021, and significantly had two loan spells at Sunderland under former Red Devils skipper Roy Keane early in a career which amounted to 536 games. His playing days effectively came to an end as last season drew to a close and, while he is close to completing his UEFA A licence, he insisted earlier this summer that he was in no rush to make a decision over his future. However now his contract at Old Trafford has formally expired, he is ready to launch the latest phase of his illustrious career. Welcoming Evans' appointment, Wilcox said: 'Having just finished his exceptional playing career, Jonny is the perfect role model for our young players. 'Jonny's knowledge of what it takes to succeed at Manchester United will be of great benefit to each of them as we continue to develop world-class talent capable of performing in our first team.'

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store