Aston Villa Champions League challenge has cost owner Randy Lerner £82.5m

By Paul Kelso Published: 8:51PM GMT 05 Mar 2010

Showing his colours: Aston Villa owners Randy Lerner"s ongoing investment in the bar is consequential for their Champions League hopes Photo: GETTY IMAGES

Accounts for the bar and their holding association exhibit that Aston Villa"s American owners has injected the income in the form of loans and equity given May 2008.

Lerner"s large monetary await will serve attraction him to supporters, but it was elemental to Villa"s swell as the bar available waste of �43.7 million for the season.

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The new investment takes Lerner"s sum investment to �179 million given he paid for the bar in 2006, with �95 million in equity and a serve �84 million in loans. The investment comes on tip of the �62 million he paid for the club.

Lerner put �70 million in to the bar during the 2008-09 season, with a serve �12.5 million at the begin of this campaign. According to the accounts Lerner"s loans to the bar are unsecured and seductiveness free, and repayable in between 2016 and 2019.

Lerner has been rewarded with unbroken sixth-place finishes and a place in this season"s Carling Cup final, but his await is key to the club"s one after another progress, as last year"s accounts for the club"s primogenitor association Reform Acquisitions Ltd demonstrate.

Despite turnover augmenting by eleven per cent to �84 million, the club"s loss of �43.7 million was a record, and was �13 million some-more than in 2007-08.

The loss is explained by a climb in player salary to �70.6 million, up from �50.4 million. Lerner additionally certified the remuneration of �7.7 million in "management charges" to Villa"s US-based holding company.

The bar demand that this price has been lonesome by one more equity being taken up, rather than from money taken out of the club.

The squeeze of Richard Dunne, James Collins, Stewart Downing, Stephen Warnock and Fabian Delph contributed to the climb in wages. The bar still done a distinction on send exchange however, interjection mostly to the �12.5 million sale of Gareth Barry to Manchester City.

Villa"s stream indication is expected to crack new Uefa regulations on "financial satisfactory play". Uefa"s rules, that will be introduced in 2012, will need clubs to mangle even or be confident to contest in European competition.

A bar source pronounced Villa would imitate with the new rules, but concurred that Lerner would have to safeguard serve waste going forward.