Keith Wyness, former Aston Villa executive, believes his former club will navigate the upcoming Premier League financial regulations without facing undue penalties. Speaking on the Inside Track podcast by Football Insider, Wyness, now advising top-tier clubs through his consultancy, criticized the impact of the new rules, stating they disadvantage clubs striving to compete.
The Premier League recently voted to implement a new framework capping expenditures on wages and transfer fees relative to overall revenue, replacing the contentious Profitability and Sustainability Regulations.
Despite projections indicating Aston Villa might struggle to comply given their current revenue, their success on the field, including a potential Europa Conference League win, could bolster their finances for the upcoming season.
Wyness expressed confidence that Villa will just meet the new threshold, but lamented the adverse effects of such regulations on clubs aiming to compete. He called for collaborative efforts among clubs to devise a more equitable solution, highlighting the need for a better formula to promote competition.