Czarnikjak

The worst part is that Buendia didn’t even make the bench for all this hassle

Yes, you are right. To be super precise I would need to look at the exact date when a given player was signed and only count their wages from that date etc…too much detail to work through. For Samson, who was on our books for about 40% of last accounting period, to calculate the difference to this year I would need to add 60% of his yearly wage and amortisation.

If they went as far as lying to Brazilian authorities to avoid the quarantine what are the chances that Argentinians will keep their word on the agreement with us?

Can’t be. Messi is back on the pitch

@Peter Griffin Thanks for your comment and the scrutiny! Appreciated :) He was signed on 5 year contract leaving us with £4.32m net book value remaining. I had his sale value listed as £2.88m (3m euros), hence look in my table, we made a loss on his sale of £1.44m Signed for £10m on 4.5 year contract. Netbook value at the time of sale - £6.6m. Sold for £5.4m, so £1.2m loss on the transaction. But that would be offset by £2.2m of amortisation we don't have this year for him (his wages were already off the books last year when he was on loan so no swing here). So in total, we might have saved £1m by letting him go, should have included him, but its a small value relatively speaking. This is incorrect. The whole £100m will appear on our Profit account this year. I know @blandy disagrees with this point but we will find out in 2023 when full accounts for this year are published I think we will all agree on that point

I'm not listing the amortisation amounts of the whole squad, only the differences between this and last season. Olie was already on our books last year so there's no difference there. I'm showing the FFP swing this transfer window caused in comparison to last year. Last year we were pretty much on the FFP limit, so any swing in this window will show you how far from the limit we are now.

I am not sure which part of my post you're referring to. Amortisation is not a cash expense, so you don't actually "pay" it. It only appears on the Profit and Loss account.

Well, the actual £100m cash we receive from City doesn't disappear. The only thing that disappears after 3 years is the £100m profit we accounted for FFP purposes. So if you were to fully "allocate" this £100m to new signings after 3 years you hoping for one of 2 things to happen : 1. Your revenue has increased sufficiently to cover those signings from now on. 2. You sell somebody for significant profit. In reality, current ffp regulations are likely to be replaced in 3 years time by some sort of Salary Cap, so this scenario might not apply to us. But stricter wage control will be needed instead.

In this post I will try to summarise our 2021 Summer transfer window from financial point of view. I will show how it affected 3 particular aspects of our finances: 1. Premier League Profit & Sustainability calculation (often referred to as FFP) 2. Wages 3. Cash Flow PS. I base my calculations only on publicly available information, so a certain degree of inaccuracy is to be expected. Premier League Profit & Sustainability calculation Having sailed dangerously close to the FFP limits over last few years, Aston Villa achieved £82.4 swing in positive direction this summer. As per the transactions below: It is worth remembering however, that the £100m sale profit on Grealish is a one-off injection and will disappear from our FFP balance in 3 years time. Therefore a better representation of our actual FFP situation would be splitting the £100m into 3 years and including only £33m from JG sale this year. This still leaves us with £15.4m surplus on FFP balance (29.4+33-47). This is a welcomed breathing space, allowing us some flexibility in next transfer windows. Had there been any willing buyers for our fringe players (Kalinic, Hourihane, Gilbert), our position could have been even better. Unfortunately only another set of loans was secured for these players, not changing our FFP situation in comparison to last year. Wages For season 21/22 I estimate our total wages to be around £122m*. This is an increase from £109m reported in 19/20 accounts (our first season in Premier League). This figure puts us in 9th place in the league (behind Big 6, Everton and Leicester), on par or very close to West Ham. Wages to Revenue ratio will be around 70%. Its interesting to note that the 70% ratio is widely accepted as an upper limit for a sustainable club and its reported to be the Salary Cap limit UEFA is looking to introduce in the future. It will be a challenge for the club to keep improving playing squad in the future while keeping the wages in check. More academy products and less expensive transfers are probably to be expected. *estimated by adjusting 19/20 figure with incoming and outgoing players and new contracts given to Konsa, Mcginn, Target and Mings. The actual figure is most likely to be higher as it doesn't include new non-playing staff (coaches, physios, admin, etc) and academy players added since then as the club grows. Cash-flows behind the transfers The actual flow of cash behind each transfer is very difficult to estimate as the terms of payments are very rarely published. We can only estimate to some degree and make some assumptions. Lets try the following scenario: It has been reported that Man City are paying us £75m up front and the remaining £25m over the next 2 years. Lets assume the same structure for our incoming transfers (75% upfront, 12.5% after one year, 12.% after two years). In this case our cash received this summer is £75m and our cash spend is 75% of 2021 purchases + 12.5% of 2020 purchases + 12.5% of 2019 purchases. That gives us cash spent on transfers this summer: £101m (£70m + £12m + £19m). The actual cash is still flowing out of the club faster than it comes in, £26m deficit. This is pretty conservative scenario, the actual cash spent might be higher if we include performance related bonuses to former clubs for players like Mings or Watkins that could trigger this summer (for Mings alone, we transferred £6m cash payment this summer to Bournemouth). Take Sky's "Net Spend" figures with a pinch of salt, they do not represent any meaningful information if you want to asses the situation correctly. Very likely that another cash injection from NSWE will be required this season to cover the transfer spend and operating loses. Although nowhere near the level that was required in previous years, where NSWE had to inject circa £100m each season.

This is correct. Spurs for example spent over £1 bilion on their stadium ( some their own cash but most via various bonds and loans) without impacting their FFP position. They did have to cut their transfer spend during the build, but that was due to the cash being diverted towards the stadium not FFP pressure.

I will crunch the numbers, been busy with work recently but hope to get round doing in this weekend

I used to go to Legends when I lived in NY, but that was 4 years ago...not sure if villa fans still meet there. Legends +1 212-967-7792 https://goo.gl/maps/SbY2ig91S7czLBi67

Lol, how can you say that? Do you have Crystal Ball? All these players are under 24. We will only find out their real value in few years. We spent £150m two years ago and only after 12 months some of these players staeted to deliver value. Some are yet to deliver it.

All their signings this summer were actually 23 or under on lowish wages (below 100k per week). Significant change in directions from previous transfer windows. They clearly understood that they can't claw their way back to CL by out spending the likes of ManU and Chelsea on wages any more. Longer term play, helped by the academy delivering top talent recently (Saka, ESR). Real question is, can they deliver on this strategy? And will the fans have the patience to see it through?

How much money spent is enough? How many new players is enough? The answer is, it's never enough. Some fans will always demand more. Two more,realistically available, players this summer wouldn't make us a "real force". If you agree that you can only be a real force if you regularly compete for the lucrative champions league places. Our spending since NSWE takeover was at unsustainable levels,it had to stop sooner rather than later. Look at Everton who tried to fast track their ascent to the top by spending at unsustainable levels. They made no progress on the pitch and found themselves in the clutches of FFP.

Chelsea are out doing themselfs, having loaned out 37 players last season they started to loaning out coaches now Chelsea have loaned out so many players that they're now loaning coaches, with one of their backroom staff joining AFC Wimbledon for a spell.

They really should wait with these articles till Christmas at least. I remember some people calling us winners with our 2015 summer transfer window…

Amortisation concept is not unique to football, it's standard accounting practise for all businesses. As to the question if it should be used for FFP purposes? Who knows, I don't think there's a good and fair way to implement FFP. UEFA seems to be moving to abandon it now and go for Salary Cap. Depending on the implementation details of this proposal, it could prove to be even more skewed towards the top clubs that the current model.

Good post with good points made. I have tried to advocate that our squad needs to be a "lean but mean" machine with no bloat, to allow us to compete on wage front with higher revenue clubs. People keep talking about bringing more depth, that's where our young players need to step in. There's an obvious risk to this approach, but it has a big potential reward. We are in a good position now with our squad, probably the best position we have been in for decades, the so called dead wood is minimal.

On the other hand, once everybody was fit again ( Wilson, asm) they stayed up pretty comfortably. That's all Ashley wants while he is looking for a sale. If they avoid major injuries they will stay up again. A horrible reality for the fans, they really need new owner to kick on ( we don't want that mind you, don't need another competitor)

Since promotion we have clearly punched above our revenue weight with transfers (we had no choice if we wanted to be competitive). The 3 year table you have here shows it. Although Premier League FFP is not a big concern to us anymore (for a while at least following JG sale), our growing wage bill will be a stumbling block to any huge spending next summer imo. We are likely to see maybe 1/2 big additions, not 5 like we have seen in previous years. I am going to post financial summary of our transfer window in the FFP thread later on this week.

This season? Not a chance IMO. Would need a loan first i think to see how he copes with senior football over good few matches.

Small would've been great, but he wanted 1st squad place, not to be part of academy anymore. He got that at Southampton.

Samson should be running this game

Should be pronounced Zih