O’Neill a finance “Villan”?

Football finance is back in the headlines again this morning. This time it’s about Aston Villa.

A Villa non-exec allegedly told a supporters’ website forum that recently departed manager Martin O’Neill left because he didn’t fancy lowering the club’s wages to turnover ratio.

According to Deloitte’s latest survey of clubs, Villa’s ratio as a percentage was 84% for 2008/2009.

It has been widely accepted that anything above 60% is less than healthy.

Its another example of managers having to balance books as well as juggle team selection.

And the highest ratio for a Premier League club in that season? Portsmouth, with 109%. Perhaps you can see where Villa owner Randy Lerner was coming from on this one.

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