Relegation-bound Villa reveal $108m losses

Mar 10, 2016 - 11:27 AM Aston Villa's new accounts revealed losses of more than STG57 million ($A108.5 million) as the club faces a costly relegation from the English Premier League.

In 2014-15, Aston Villa Football Club Limited generated STG112.5 million ($A213 million) in revenue but administrative expenses soared by more than 56 per cent to STG169 million ($A320 million).

Villa reached the final of the FA Cup last season but finished 17th in the league, narrowly avoiding relegation last May.

Now the former European champions are stranded at the bottom of the EPL and facing relegation.

The loss of 57.3 million pounds followed a STG1.6 million ($A3 million) profit in 2013-14.

American owner Randy Lerner is trying to sell the central England club.

Source: AAP