Birmingham Live believes Aston Villa could soon receive some much needed investment. Owner Dr Tony Xia is understood to be nearing a point where he secures funds from a Middle East group to help aid the club’s terrible financial situation.
Xia spent the weekend in London with his trusted aids hoping to make strides in this process, and it looks it though he has done. This might not necessarily remove the prospect of key players such as James Chester and Jack Grealish leaving Aston Villa, but it would be most welcome without a doubt.
‘Varying levels of control’ have been spoken about and it is said that a deal could be concluded ‘soon’. It is a case of the sooner, the better for the Villa Park club as they are struggling to pay off a tax bill for the month which is due tomorrow (Friday). Various bills need to be met in a short period of time, which is vital to the club moving forward.
The club are leaking money at an alarming rate at this moment in time. Specifically, they are losing around £5million every month. Clearly, that can not continue for too much longer. Manager Steve Bruce is resigned to the prospect of not only losing some of his key players, but not necessarily being able to sign any strong replacements. Even free transfers might prove too much of a hurdle at this stage. Perhaps loan deals, where the parent club pay the wages, is a solution which may help, but very few clubs operate in this manner these days.