According to a report in the Mirror, Villa manager Steve Bruce will have to plot Villa’s Premier League promotion push with just a £1 million budget.
Bruce learned the details of his summer funds during a meeting with the club’s hierarchy on Thursday. It looks like the money that has been set aside is for loan fees only, because if they spend more they could be in serious trouble with the FFP regulations that govern the Championship.
According to these new rules, Villa are permitted to lose up to £83 million in three seasons without subsequent punishment, but they suffered an £81.3 million loss last season alone. Therefore, if spending is not reduced, they will be hit hard. For example, if a team is found guilty of breaching FFP rule, they can be docked points or denied promotion to the Premier League.
Therefore, if Bruce wants to buy some players, he will have to sell some of his current ones first. Therefore, he will probably be looking at getting rid of the likes of Amavi, Elphick, Veretout, Tshibola, and Gil. They have already sold Sanchez to Fiorentina for £2.5 million.
Villa have been quick to stress that the cutbacks are a result of FFP regulations and that Tony Xia remains committed to the club.