Aston Villa’s transfer agreement with Bournemouth has taken this twist
The ‘Vampire Kangaroo’ is involved in Tyrone Mings’ transfer from Bournemouth to Aston Villa , apparently!
Allow us to explain.
Mings joined Villa for a fee that could rise to £26 million after impressing on loan during last season’s play-off winning campaign.
This is your round up of all things Villa; the one-stop shop that will keep you updated on the latest goings on at Villa Park and beyond.
Transfers, injuries, match-days and managers, we’ve got you covered.
We’ll be bringing the very latest on the Lions throughout week and around the clock.
Make sure you keep yourself updated with our handy daily catch up…
- Starting line up thoughts – READ
- Owen takes a swipe at Villa – READ
- JT advice – READ
- Your favourite sigings – READ
- The player ratings so far – READ
Macquarie are said to be nicknamed the ‘Vampire Kangaroo’ because of their Aussie location and ruthless focus on profits.
Their involvement in the Mings deal is because of a link up with Bournemouth.
Rather than waiting for the £12 million installment they are due to receive from Villa further down the line, the Cherries have linked up with Macquarie.
How will Aston Villa get on against West Ham United?
1000+ VOTES SO FAR
For a chunky commission the investment company pays the fee up front and then gets reimbursed by the buying club, in this case Villa, who The Times claim, will settle up with two payments in August 2020 and 2021.
Kieran Maguire, a lecturer in football finance at the University of Liverpool, is quoted as saying: “We are seeing this more and more where clubs are looking for cash immediately. but of course it costs them a premium to do so.”
Mings has been in impressive form so far this season with his performances earning him a first ever call up for international duty.
The 26-year-old defender has been selected by England boss Gareth Southgate for the Euro 2020 qualifiers against Bulgaria and Czech Republic.