Home » Sport

Aston Villa Avert Threat Of Administration Following Unpaid Tax Bill

07 June, 2018, 14:42 | Author: Tommie Newton
  • Tobias Pachonik of FC Carpi competes for the ball with Riccardo Gagliolo of Parma Calcio during the Serie B match between Carpi FC and Parma Calcio at Stadio Sandro Cabassi on November 25

The 22-year-old is valued at £40m with Tottenham, Leicester and West Ham all interested, but who else could be sold amid the financial crisis?

Aston Villa boss Steve Bruce is now in limbo as the club begin to come to terms with the financial crisis they have fallen into, according to The Telegraph. The worry for Villa's supporters will be that the unpaid tax bill is a sign of things to come, so much so that the threat of administration, which is seen as the worst-case scenario for the club, can not be dismissed.

He has not yet been categorically told he will be sold but that appears the most likely outcome, with a bidding war Villa's best chance of getting the top price.

A number of players have already left this summer, including John Terry and five loanees.

They lost the Sky Bet Championship play-off final 1-0 to Fulham last month after finishing fourth.

Kyle Busch dominates again to win at Pocono
Not even a pit-road speeding penalty could slow down Busch, as he won his first Xfinity race of the season and 92nd of his career. Truex went on to win the stage while Logano came into the pits with less than two to go after running out of fuel.

talkSPORT understands that New York Yankees shareholder Peter B Freund is on the verge of making a bid to purchase Championship side Aston Villa for £75 million.

Things got even worse for the former European champions on Tuesday afternoon when they announced chief executive Keith Wyness has been suspended over a failure to pay an outstanding tax bill.

The Chinese businessman is struggling with short-term cash flow, due to strict rules on finances in the Far East, but the move is set to remove the immediate prospect of administration as the club battle to find a solution.

On Wednesday night, the Aston Villa Supporters' Trust called on the club to provide a "meaningful update" on the current situation.

Recommended:

  • At least 65 killed as Guatemala's Fuego volcano erupts

    At least 65 killed as Guatemala's Fuego volcano erupts

    He warned of mudslides as rainfall continues, and urged people to stay off roads close to the volcano. Guatemala City's global airport has re-opened after it was closed by falling ash from the eruption .
    Judge in Brock Turner sexual assault case recalled

    Judge in Brock Turner sexual assault case recalled

    Known as Emily Doe in court, the statement focused a national spotlight on the local recall effort . He was cleared of misconduct by a state agency, but that did not satisfy his detractors.
    Issa Rae Lampoons Kanye West In CFDA Awards Monologue

    Issa Rae Lampoons Kanye West In CFDA Awards Monologue

    While Issa later roasted Kanye, she had nothing but great things to say about Kim while chatting with ET ahead of the awards show. Kim Kardashian was honored Monday at the 2018 Council of Fashion Designers of America Fashion Awards .
  • Stephen Curry sets new record as Golden State beat Cleveland

    Stephen Curry sets new record as Golden State beat Cleveland

    James appeared to be on the brink of tears as the team huddled on the sideline. "That was Rodney Hood, man", James said. The Cavaliers are 8-1 at home in this year's playoffs, losing only in their first-round opener against Indiana.
    NBA Finals 2018: LeBron James sets another record

    NBA Finals 2018: LeBron James sets another record

    They play free, without much angst when things don't go well , adding to what James called "the level of stress" for opponents. But before he orders his moving van, James will try to beat the Warriors in Game 3 at Quicken Loans Arena on Wednesday night.
    BSF troopers dead in Pakistani shelling, evacuation on border

    BSF troopers dead in Pakistani shelling, evacuation on border

    A villager, injured in cross-border firing at Indo-Pak border, being shifted to Government Medical College Hospital in Jammu . At least 12 people were killed, including two BSF jawans and an infant, and several others were injured.
  • Giant acidic steam clouds rise from ocean after lava spill in Hawaii

    Giant acidic steam clouds rise from ocean after lava spill in Hawaii

    Janet Snyder said Tuesday that hundreds of homes were lost Monday night in Kapoho Beach Lots and Vacationland. The lava pushed into beach lots in Kapoho, which has about 350 homes and Vacationland, which has about 150.
    Reality TV Star's Cancer Spotted By Doctor Watching At Home

    Reality TV Star's Cancer Spotted By Doctor Watching At Home

    Hopefully, McGuinness will be successful in her fight against cancer once again - and her recovery will be all thanks to Dr. Doctor spots lump on woman's throat during show. "I felt obliged to let this person know", Dr Voigt told Inside Edition.
    Belmont Stakes Draw: Justify Is Favorite in Bid for Triple Crown

    Belmont Stakes Draw: Justify Is Favorite in Bid for Triple Crown

    In the past 20 races, every post from 1 through 13 has produced at least one victor , except for Gate 10 . Trainer Bob Baffert leads Justify through the shed row at Belmont Park on Wednesday.
  • Microsoft just sunk a data center into the sea

    Microsoft just sunk a data center into the sea

    The data center that went under is essentially a 40-foot long tank that's packed with 12 racks and a total of 864 servers. Why take all this effort to dunk data centers underwater? Then the company will let some customers use the data center.
    New Jersey police officer won't face criminal charges for punching beachgoer

    New Jersey police officer won't face criminal charges for punching beachgoer

    Weinman's attorney, Stephen Dicht, said that the more serious charges were filed after the bystander video was released. The footage shows the officer administering a blood-alcohol test to Weinman, which she said was negative.
    Kim Jong-un begged for summit on his knees: Rudy Giuliani

    Kim Jong-un begged for summit on his knees: Rudy Giuliani

    But it was the USA president who may have unknowingly provided the stage for Mr Kim to show off his diplomatic skills. On Wednesday, Mr Trump's lawyer Rudy Giuliani said North Korea's leader "begged" for their summit to go ahead.


Popular

Record: "Cristiano Ronaldo will leave Real Madrid"
World Cup contenders Spain can expect big things from Isco, who hopes to use the world stage to break out. He told Marca when quizzed on the transfer talk: "I can't imagine playing without him.

US diplomats hit by mysterious illness
Since 2016, 24 employees at the American embassy in Cuba and their family members have reported similar episodes. The State Department has said it suspects the stricken diplomats in Cuba were purposely targeted for an attack.

The third Android P developer preview is here with final APIs
If you're not into that, you can download the Android P Factory Images here or flash the OTA Images which you can find here . The app switcher UI has changed some from that last preview, which was the original major overhaul to the new gesture UI.

Ghana marks World Environment Day
Almost one third of plastic packaging used globally escapes collection systems, Zero Waste Scotland reports. But the problem is not plastic itself, he says, but what we do with it.

Putin praises 'brave' Trump over planned meeting with North Korea's Kim
Sentosa is home to palm-fringed beaches, tourist sites and some of the best golf courses in Asia and Universal Studios Singapore . He said the plans were "moving along very nicely", according to BBC . " Donald Trump and Kim Jong Un are pretty much the same".

Record-breaking Curry leads Warriors to 2-0 lead
Game 3 - which will be played Wednesday in Cleveland - is the series' pivotal game. "I mean, it sucks to lose", James said. This past week, the Cleveland Cavaliers and the Golden State Warriors faced off in Game 1 and Game 2 of 2018 NBA Finals.

Apple’s MacOS Mojave a definite attempt to boost productivity
Apple's new macOS Mojave operating system prioritizes security and tries to stop websites from tracking you. There were a lot of rumours about a Dark Mode which Apple confirmed instantly after announcing Mojave.

Sen. Corker Defies Trump to Push Tariff-Blocking Bill
McConnell said senators will still get the first week of the month off, but return to Washington, D.C., for the rest of the month. He warned that if they didn't bear fruit, he and his supporters "fully expect" to continue pushing their petition.

Apple's new 'app limits' feature can help curb smartphone use
When a friend receives photos from an event, Apple will then suggest the friend reciprocate with photos from the same event. Apple has hundreds of available Shortcuts in the app which users can use to modify or use for their own needs.

SpaceX Rocket Launch Of SES-12 Set For June 4, 2018
SES was the first company to accept a ride on a used SpaceX rocket, back in March 2017. Upgrades to the Falcon 9 rocket have seen it getting more of a use and focus lately.