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Sport Aston Villa settle tax bill but financial concerns remain

16:08  07 june  2018
16:08  07 june  2018 Source:   msn.com

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Aston Villa have resolved their immediate financial crisis and will settle their £4million tax bill . The club have paid £500,000 to HMRC and are expected to pay a further £1.2million by the end of the week, Press Association Sport understands.

Aston Villa suspended their chief executive over a a failure to pay a late tax bill . It is understood Villa had been given until last Friday to settle the overdue sum but missed the date and were threatened with a winding up order. It is said Wyness, in his duty to find financial alternatives, was

Aston Villa v Rotherham United – Sky Bet Championship – Villa Park: Aston Villa owner Dr Tony Xia bought the club in 2016 (Nick Potts/PA) © Provided by The Press Association Aston Villa owner Dr Tony Xia bought the club in 2016 (Nick Potts/PA)

Aston Villa have resolved their immediate financial crisis and will settle their £4million tax bill.

The club have paid £500,000 to HMRC and are expected to pay a further £1.2million by the end of the week, Press Association Sport understands.

The outstanding amount is likely to be paid swiftly after the club missed a tax payment on Friday, heightening growing fears of financial issues with Villa needing to find around £40million to comply with Financial Fair Play.

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