The loophole for Villa is selling players to offset it. That's why they sold Douglas Luis to Juventus and Dhuran to Saudi.Levy has always spent his time campaigning to stifle the owners who want to spend big at their clubs. This is nothing to do with sporting integrity and everything to do with attempting to not make him look bad because he spends peanuts in comparison on wages. Last season, Villa spent 96% of their revenue on wages when UEFA limit is 80%. I don't see them in peril this season and I imagine that figure will still be high even with the influx of CL cash. I am sure they will find a back door or a loop hole to play CL next season if they qualify and the ratio is still over 80%. They seem to have a reciprocal deal with Chelsea to buy and sell home grown talent that the selling club can count all the profit in the books right away and the buying club can spread it out. Yes, you will have to pay that bill eventually but you are banking on TV rights going up and up. Villa can also sell their training ground and their women's team to themselves of course but it's a different company. If you can't beat them join them.
On paper selling players should not be an issue for Levy. But even here's he has become too hesitant.

