Aston Villa have been financially hamstrung by PSR but a loophole which has been exploited by Chelsea won't be closing
Premier League trophy
Premier League trophy(Image: PA)
Aston Villa have been handed a potential boost in their battle to remain within the well documented Profitability and Sustainability Rules (PSR) after a proposal to close a loophole which has been exploited by Chelsea wasn't even voted on at the Premier League's AGM this week.
The Times reports that the meeting, where the 20 competing clubs were represented, was due to cover the subject of a loophole which came to light after Chelsea sold their own women's team and hotel nearby Stamford Bridge to a sister company. Some clubs had raised concerns and requested a vote.
The proposal needed a majority of 14 clubs to vote against the loophole in order for it to be ruled out, but there wasn't enough support and, as a result, it didn't even reach a vote. It means that any Premier League team, including Villa, can now use those specific means which Chelsea have done to comply with the debated financial rules.
PSR will be in place again next season, but further changes to the financial rules, which were brought in to help secure the long-term futures of its competing clubs, and how clubs operate within them are expected in seasons to come.
Villa's ambitions and willingness to invest in order to match those ambitions have been stung by PSR in recent times; last year, they had to sell Douglas Luiz to Juventus before the end of June, because - despite their on-field performance and qualification for the Champions League - they were at risk of breaching said rules.
It's likely to be a similar story this summer, especially after the club's failure to secure a second successive campaign in the Champions League.
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