Are Aston Villa resigned to losing Jack Grealish?

June 21, 2018 by · Leave a Comment
Filed under: Aston Villa, Transfer News 

BIRMINGHAM, ENGLAND – APRIL 03: Jack Grealish of Aston Villa in action during the Sky Bet Championship match between Aston Villa and Reading at Villa Park on April 3, 2018 in Birmingham, England. (Photo by Michael Regan/Getty Images)

Aston Villa will employ dramatic cost-cutting measures this summer to try and rectify their financial situation which could result in their best asset, Jack Grealish, being sold.

After failing to gain promotion from the Championship this summer, the Midlands club have an uncertain future as their financial security was dependent on them returning to the Premier League.

Chairman Dr Tony Xia is reported to be looking for a buyer for Aston Villa, meaning a second takeover in two years looks on the cards and there could be a lot of high-profile exits to make up the financial deficit caused by Xia’s risky strategy.

The Villans have been trimming the wage budget, letting Gabriel Agbonlahor and Chris Samba’s contracts expire without a renewal being considered and Grealish could follow them through the exit door.

Tottenham and Liverpool interested in Grealish

The creative attacking-midfielder has an asking price of £40m this summer. Tottenham are believed to be negotiating for half the fee, while Liverpool could lodge a bid greater than Spurs to land Grealish’s signature.

There’s no question of the 22-year-old staying at Villa Park. He’s open to joining a big club that can offer Premier League and Champions League football and Villa desperately need the money.

Grealish made 110 appearances in all competitions for Villa and become a fan favourite last season after setting the Championship alight. He would be a good signing for a manager looking to develop young talent and a move will boost his chances of getting in the England national team in the future.

Grealish departure could have damaging knock-on effect

If other players see that Villa are actively selling their best talents, they could also seek to leave this summer. Promotion looks a distant dream in 2018/19 if the likes of Grealish are allowed to leave, and players such as James Chester, Henri Lansbury, Conor Hourihane, Albert Adomah and Jonathan Kodjia could follow.

Clubs will target Villa’s stars, knowing they can sign them at a cut price due to the seriousness of their financial situation. Players will be open to a move as the club aren’t likely to move forwards next season and the task of merely consolidating in the Championship becomes the sole focus.

There won’t be any investment in the club this summer while Xia remains the owner. Instead a summer exodus looks on the cards and players from the youth teams being prematurely promoted to take their place. Grealish is almost certainly leaving and he won’t be the only one.

 

Aston Villa in meltdown and face an uncertain future

June 5, 2018 by · Leave a Comment
Filed under: Aston Villa 

Aston Villa owner Dr Tony Xia.

Aston Villa have had an eventful few weeks, losing in the Championship playoff final to Fulham, dealing with rumours that chairman Tony Xai was looking to cut his losses and run, while having a manager unaware of his future at the club.

Things have spiralled even further as the Villans’ have recently suspended their chief executive over a missed tax payment. The Midlands outfit have been served with a winding up order by Her Majesty’s Revenue and Customs and have one week to pay.

Villa are in meltdown.

CEO suspended

Aston Villa released a statement on Tuesday that revealed chief executive Keith Wyness had been suspended as a result of the winding up order from HMRC. Villa reportedly missed the tax payment on Friday and face a winding up order if the money isn’t paid within seven days.

“Aston Villa Football Club can confirm that Chief Executive, Keith Wyness, has been suspended by the club with immediate effect. Owner and Chairman, Dr Tony Xia will assume the role until further notice,” the statement read.

Wyness was appointed CEO in 2016, not long after Xia completed his takeover of Villa. He’s worked with Aberdeen and Everton in the past, but it’s unknown if he’ll return to Villa or be removed from his position.

Manager future unknown

Villa manager Steve Bruce is currently in the dark about his future at the club. The Midlands outfit are resigned to a third consecutive season in the Championship and Xia hasn’t made any guarantee that he’ll be taking charge of the club for 2018/19.

The 57-year-old was appointed Villa manager in October 2016 and led the club to 13th in the Championship (2016/17) and fourth the following season. Villa lost to Fulham in the playoff final and now Bruce doesn’t know where he stands.

Bruce won promotion to the Premier League four times as a manager, but he may not make it a fifth with Villa. The club are set to overhaul the squad to ensure they meet with Financial Fair Play regulations, meaning they could struggle in the Championship next season. If so many players are forced to depart, Bruce may feel promotion is impossible which could see him step down.

Club up for sale amid financial ruin?

Xia already admitted big changes were needed at Villa to meet with FFP this summer, saying: “We are all aware that we will face severe FFP challenges next season. I am an Aston Villa fan. But I am also a businessman. We have been heavily investing for the past two seasons. However, the (playoff final) loss means that we need to change a lot of things”.

Such issues could see Xia putting the club up for sale and cutting his losses, as a consortium headed by ex-football agent Matt Southall is reportedly keen to purchase Villa. If Xia gets back the £60m he paid to Randy Lerner for the Midlands club in 2016, he may sell up. Villa need to cut their costs drastically and won’t be promotion contenders if abiding by FFP regulations sees them losing all their best players.