Aston Villa recorded a loss of over £81million for the last financial year, according to the club's latest accounts.
The figures for the 2015/16 period show that with an operating loss of £81.3million the deficit more than trebled, up from £26.6million, before Villa were relegated from the Premier League.
The club's statement states losses of £79.6million due to "exceptional items" but provides little explanation as to what these are, other than to say "for the impairment of tangible fixed assets and intangible assets".
Turnover fell from £115.7million in 2014/15 to £108.8 million, with the club attributing the drop in revenue to a reduction in their share of money from the FA Premier League's broadcasting agreements as a result of the final league standings.
Villa were relegated from the Premier League for the first time last season after finishing bottom of the table and are playing outside of the top flight for the first time in 30 years.
Dr Tony Xia completed his takeover of the club on June 14, 2016 so any figures associated with his purchase will not show until the 2016/17 accounts are published
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Dutchman Andries Jonker has left his job as director of Arsenal's youth academy to become the new head coach of Bundesliga strugglers Wolfsburg.
He replaces Frenchman Valerien Ismael, who left the club on Sunday after the 2-1 home defeat by Werder Bremen left them 14th in the table.
The 54-year-old Jonker has signed a deal with Wolfsburg which will see him remain as coach until 2018.
Sporting director Olaf Rebbe told the club's official website: "Andries Jonker knows VfL Wolfsburg well and maintained regular contact with the club even after his move to London.
"Both factors were vital in us achieving this top solution so quickly. He is an internationally experienced coach and an expert tactician, who provides the best possible requirements to get VfL back on track quickly and sustainably."
The 2008/09 Bundesliga champions decided to make a change after Ismael, a former defender with the club, won six games in 17 matches in charge having taken over from Dieter Hecking in October 2016.
Jonker, who was assistant to Felix Magath at Wolfsburg from 2012 to 2014, has also coached at Barcelona and Bayern Munich.
Chris Smalling believes "born winner" Jose Mourinho and talismanic striker Zlatan Ibrahimovic can lead Manchester United to more trophies this season.
Ibrahimovic struck twice in Sunday's 3-2 EFL Cup win over Southampton, hitting a 30-yard free-kick to open the scoring and heading home an 87th-minute winner after Saints had fought back from two goals down.
The victory means Mourinho becomes the first manager in United's history to win a major trophy in his maiden season at the club, and they remain in the FA Cup and Europa League with a top-six battle in the Premier League ongoing.
Smalling, who led United out as captain at Wembley with Wayne Rooney an unused substitute, reckons the big-name summer arrivals can deliver more silverware - with Ibrahimovic now on 26 goals for the season.
With the belief and confidence we have here, we have got a manager who is a born winner and Ibra finishing chances like that, who knows what can happen?"
He (Ibrahimovic) is our main man. He is our focal point, he is our target man who can hold it up and run in behind so we are lucky to have him.
We will all enjoy it, but we all knew the importance of winning this and we are in so many other competitions as well.
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