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Aston Villa owners Nassef Sawiris and Wes Edens have injected a further £22million into the club via a share issue.

A filing on Companies House shows that just over 29,333,333 shares have been allotted by the club’s parent company, Recon Group UK, at £1 each.

Only 75% of the value of the shares has been paid at the time of issue, with a value of just under £22million.

The remaining 25 pence in the pound, the unpaid amount, can be called by the club at a later date.

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There are no details as to what the money may be in aid of, but allotting shares is a fairly standard practice to finance a business so that it may meet cash-flow requirements.

This is the fourth time since early November last year that Villa have raised capital through a share issue.

In that time, the club has raised around £61.8million in paid shares by issuing around 79.2million shares in total.

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In Villa’s accounts last season, the club revealed it received just under £69.5million via a share issue in May 2018 in order to stay afloat.

Following the takeover of Villa by Sawiris and Edens’ NSWE investment vehicle, in July last year, Villa’s owners immediately pumped £30million into the club.

This, Villa said, allowed the club to “discharge its short term liabilities and plan for the forthcoming season.”

A further £11million was raised weeks later, before three three further share issues in November, December and February.

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