Matt Damon
Player Valuation: £60m
ok! all i will say is lets wait and see! i reckon will villa spend piles more than us in the summer and i reckon if they get into europe they wil be aloud in!
http://news.bbc.co.uk/sport1/hi/football/teams/a/aston_villa/9410582.stm
Oh yeah. When they're announcing they must "trim the wage bill".... :huh:
Aston Villa are looking to reduce their wage bill after revealing losses of £37.6m for the year ending 31 May 2010.
Wages at the club increased by £9m to almost £80m and now account for 88% of Villa's £90m turnover, which actually increased last season by £6m.
"We probably need to have a better balance between the salary [wage bill] and the turnover of the club," said manager Gerard Houllier.
"It won't be done overnight - it will be done gradually."
Villa generated £52m from television revenue, while matchday turnover was £24m and commercial income £14.4m.
The rise in turnover lifted Villa into Europe's top 20 earning clubs for the first time, while the loss last season was £9m less than the previous campaign.
What part of this do you not understand?
They think they're making progress because they've reduced a net loss by £9million
Whilst still losing £37million FFS!!!!