Jump to content

Villa in financial shit?


Recommended Posts

Seemingly they have suspended their CEO keith wyness after a multi million pound tax bill wasnt paid a fortnight ago, hmrc have apparently issued a winding up ordet if its not paid

Feel bad for villa fans if this goes bad for them, havent recovered from the MoN era when he spent vast sums on shite and failed to make the CL 

Link to post
Share on other sites

I seen reports prior to the playoff final suggesting they had to win or they were up shits creek, with the possibility of facing points deductions, transfer embargoes etc menu season. Not sure how accurate that was but don't think they're in great shape.

Link to post
Share on other sites

KEITH Wyness, the Scots businessman who is chief executive of Aston Villa has been suspended as the club faces being served with a winding up order over a multi-million tax bill.

The Midlands club, which last month lost the Championship play-off final against Fulham, is believed to have been given a brief extension by Her Majesty's Revenue and Customs to make the payment.

On Tuesday, Villa suspended Keith Wyness, its chief executive since 2016,  having previously held the same position at Scottish Premier League club Aberdeen.

It is understood the 60-year-old Aberdonian had been looking to find new funding to see the club through its current funding crisis.

It is understood the grace period to make an HMRC payment could be as short as a week.

A club spokesman said: "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.

"There will be no further comment from the club at this time."

It has been reported that the club are expected to pay the outstanding amount within the next 48 hours.

There is no suggestion that Mr Wyness has been accused of any wrongdoing.

Last year Mr Wyness was suspended from all football-related activity for three weeks for a post on social media.

Wyness retweeted a video of Villa being denied a penalty with a caption asking if referees had "disabilities".

He admitted a Football Association charge that the comment was "abusive and/or insulting and/or improper".

He was also fined £10,000 for what the FA deemed was an "aggravated breach" of its rules.

Prior to entering the football, his employers included British Airways, Radisson and the Olympic Club.

In October, 2000 Mr Wyness moved back to his home town of Aberdeen when he was took control of the purse strings at Pittodrie.

 He became famous for several quotes regarding the behaviour of the Old Firm of Rangers and celtic, who were looking to move to another league.

One which was listed as Scottish Sports quote of the year was: “They [The Old Firm] are like two old ladies on Sauchiehall Street lifting their skirts for every league that walks by.”

Link to post
Share on other sites

12 minutes ago, eskbankloyal said:

 

SOme more information in here on them. It's an absolute mess. 

Mental. 

Wonder how it’ll pan out, especially if HMRC become more ruthless than they’re being just now. 

I feel for them because you just know now their stock is low they’ll get all the scumbags masquerading as saviours, who’ll know doubt go in an put them into Admin. 

Link to post
Share on other sites

Their Chinese investors have pulled the plug after failing to win promotion. They obviously weren’t planning on spending a third season in the Championship, but as most folk know it’s a tough league to get out of once you drop down there.

Fuck knows where they go from here without a buyer.

Link to post
Share on other sites

21 minutes ago, ben51 said:

Mental. 

Wonder how it’ll pan out, especially if HMRC become more ruthless than they’re being just now. 

I feel for them because you just know now their stock is low they’ll get all the scumbags masquerading as saviours, who’ll know doubt go in an put them into Admin. 

Suggestion seems to be HMRC have given them until next week or they'll apply to the court for a winding up order. It shouldn't get to that stage as they can a number of players they can sell over the next few weeks but think we can say goodbye to Villa as a Premiership club for the forseeable future. 

Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Restore formatting

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

  • Upcoming Events

    • 30 March 2024 15:00 Until 17:00
      0  
      Rangers v Hibernian
      Ibrox Stadium
      Scottish Premiership
×
×
  • Create New...