Aston Villa faces a £45m black hole in their finances following their failure to get promoted to the Premier League and will lose £11m in Premier League parachute payments next season.
Villa owner Tony Xia said: ‘We are all aware that we will face severe FFP challenges next season. I am an Aston Villa fan. But I am also a businessman. Under the current circumstances, I think the club needs to rethink not only the past two years but also the past ten years. Villa needs to be a sustainable football club. We have been heavily investing for the past two seasons. However, the loss on Saturday means that we need to change a lot of things.’
It is for that reason why Robert Snodgrass is returning to West Ham without a bid or option of the second season on loan.
Grealish is valued at around £25m and said to be just the type of player that would attract Pellegrini who renowned for free-flowing attacking football and getting the best out of gifted, sometimes challenging footballers. Fresh reports this morning seem to suggest his valuation has skyrocketed to £40m in a matter of 24 hours.
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