Raymond Doherty 7 Jun 2018 03:32pm

Aston Villa strikes deal on tax bill

Aston Villa football club has reached an agreement with HMRC over its £4m tax bill

Yesterday, the club suspended chief executive Keith Wyness, amid reports that it had missed the Revenue’s deadline and could face a winding-up order.

In a statement today, however, the club confirmed it had struck a deal with HMRC and will “continue to fulfil its obligations”.

It added that there are no insolvency practitioners or administration advisors working with the club.

“Owner and chairman Dr Tony Xia would like to take this opportunity to sincerely thank supporters during this difficult and unsettling time and reassure them plans are now being put in place to move the club forward,” it said.

Xia stated last week that Aston Villa is facing Financial Fair Play challenges after it failed to be promoted to the Premier League, losing to Fulham in the Championship play-off.

Yesterday it was also revealed that Premier League club Crystal Palace has been threatened with being dissolved for missing the deadline to file its accounts.