Aston Villa’s proposal to increase allowed Profit and Sustainability (PSR) losses by £30m has reportedly been knocked back by Premier League rivals.
The Telegraph reporter John Percy claims that two clubs voted in favour of Villa’s proposal, with 15 against, while three others abstained.
Current rules stipulate that top-flight clubs can lose a maximum of £105m over three years and Villa are claimed to be close to that line. It means Unai Emery faces losing one of his key players by the end of the month. Douglas Luiz has concrete interest from Juventus and the Serie A giants want to sign him this summer.
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Villa were nearly £120m in the red in 2023, but the figures contributing to what UEFA claim to be the highest losses in Europe are in line with the strategic business plan of V Sports. The club’s revenue increased during the year to £217.7m, up from £178.4m.
PSR is set to be replaced by new spending cap rules from 2025/26 after the current set of parameters caused controversy in the Premier League this season following points deductions for Everton and Nottingham Forest.
Clubs have voted in principle that sides not in Europe would be allowed to spend 85 per cent of their club revenue on squad costs, which involves wages for their players, amortised transfer fees and agent fees. However, clubs that are in Europe would only be allowed to spend a maximum of 70 per cent on squad costs, in line with UEFA rules.
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