Aston Villa’s published accounts for the 13 months ended 30th June 2024 show that the Club has made significant progress against their stated focus of consolidation and improvement.
Following a change of sporting leadership in October 2022, the performance of the first team improved dramatically and resulted in a 4th place finish in the Premier League in 2024. European football returned to Villa Park for the first time in over a decade as we reached the semi-finals of the UEFA Europa Conference League and qualified for the Champions League for the first time since 1982/83.
That momentum has continued into the current campaign, with the team currently in the quarter-finals of the UEFA Champions League, semi-finals of the FA Cup and competing in the league for European places.
This on-field performance improvement has been supported by continued focus on delivery of our long-term strategic plan to enhance the playing squad in a sustainable fashion.
The Club has continued to invest in our infrastructure, with capital investment increasing to £16.4m (£13.4m last year), this investment continued into 24/25 with a complete revamp of all our hospitality lounges in advance of our Champions League return, as well as investments in our new retail store, fan experiences and the wider stadium. These enhanced experiences are a key part of our commercial strategy to increase revenue and improve the long-term financial strength of the Club.
Whilst we continue to seek opportunities to increase the capacity of the stadium, we recognise that this must be done in tandem with improvements to the local transport network. We continue to work with local authorities to find appropriate solutions that will allow fans safe, efficient and affordable access to and from games.
The Foundation has continued its sterling charitable and community-led work, not only delivering hundreds of sessions per week across a wide spectrum of initiatives and outreach programmes but also maintaining financial and networking support to communities and charities across Birmingham and the wider region.
Revenue increased during the year by 27% to £275.7m, up from £217.7m in the previous year. A significant part of this increase is driven by finishing 4th in the Premier League versus a 7th place finish in the prior year as well as a cup run to the semi-finals of the UEFA Europa Conference League. The club also made significant progress on Sponsorship and Commercial revenues, which is set to continue into 24/25.
The net result of these changes is that the Club has reported a loss for the year of £85.4m after tax. This compares with a larger loss of £119.6m in the prior year. It is important to note that these figures are in line with the strategic business plan, and we continue to operate within the Premier League’s Profit and Sustainability rules. The owners of Aston Villa remain committed to the long-term and sustainable development of the Club, and we look forward to continued progress on the delivery of our strategic plan.
Full audited accounts of NSWE UK Limited and NSWE Sports Limited for the 13 months ended 30th June 2024 can be found at the following links:
