Yup we do, Put it this way if Lerner doesn't put out some funds for the coming season we'll be relegation fodder again & then it was pointless sacking Mcleish for the inevitable to happen anyway.
We have a load of high wage players coming off the books also.
You're losing what, 30-50mil a season in the last few seasons, unless fans see funds in terms of transfers coming in then magically owners aren't spending anything, its hilarious.
Villa need a full rebuild job a la newcastle. They need to cut wages by you know, 20mil +, and actually break even before they consider any "real" spending.
Bolton, Villa, Blackburn, finances are an utter joke. Fulham effectively have debt of 200mil, but its an unsecured loan from their owner with no interest and no commitment to pay it back while Bolton are paying interest to their owner and still own 25mil to the bank, Blackburn are just a joke and Villa, not sure where all their debt is held, nor if Lerner can actually afford the losses they are taking.
Wages should be significantly less bad than a couple years ago when they made something like a 46mil loss, but still not low enough.
Villa continuing as they are, say losing 30-40mil a year, just to stay in the prem can't work forever.