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Czarnikjak

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Posts posted by Czarnikjak

  1. 3 minutes ago, KevinRichardsonsMoustache said:

    I found this v useful, indeed. Seeing the figures laid out like this clarifies things.

    This is probably the wrong thread for my comment, but the concept of amortisation of players as part of FFP is bananas, isn’t it? I mean FFP was notionally at least about balancing the books but this type of calculus is about fudging the figures so you don’t impinge on the new rules, but you’re riding roughshod over the spirit of them.

    I know comparing humdrum finances with the multibillion pound world of football is problematic but indulge me: I say to my gf that I’m getting, I don’t know, a BMW M5. She goes mental at the sticker price. But I tell her that I intend to spread the cost over a few years, thereby reducing the burden. I then show her that I will sell the car in maybe two years, avoiding all of those pesky fuel charges, new car wax, and the new tyres I’ll have to buy. By such calculus, I’m actually making money by buying this car. The fallacy is that, emboldened by getting away with it, the next car I buy will be even more expensive, any saving I pretend to make are absorbed by the new shiny car, and I kick the can further down the road. 
     

    It’s almost like the rules were deliberately written to avoid state regulation of football (‘look how responsible we are now’), without changing anything about the game (‘we’re Real Madrid and we want to buy players for massive amounts of money). Imagine that! 
     

    Meanwhile, the Super League clubs are still behaving the same way as before and SkySports et al are giving it the Daffy Duck gif because we’re all back on the gravy train. A big club really needs to go bankrupt - and totally die - for us to wake up.

    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.

    • Like 1
  2. 2 minutes ago, CVByrne said:

    The second is by maintaining a smaller first team squad supplemented by our academy. Chukwuemeka for example will likely sign a 5 year deal in a few weeks when he turns 18 on something like 10k per week ( I think Ramsey's new deal was £7,500 pw). 

    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.

    • Like 2
  3. 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)

  4. 31 minutes ago, MaVilla said:

    thats interesting and all, but we really need to look at it over 3 years, rather than 1.

    even with this summer included, we are still the 4th biggest spenders.

    I really wanted us to sign a DM, however i can see why we decided to not go mad this summer, also, unless im wrong, when we get to next summer we will be able to spend knowing the 19/20 spend of 140m will come off the books soon, so we will then only have a net spend of roughly 75m over the two prior seasons of 20/21 and 21/22 (excluding next summers spend), rather than the 210m ish currently showing.

    Unless im wrong, that means next summer we might be able to have a huge war chest.

    I wonder if this seaosn is consolidating, bedding in the new signings (who are actually very good signings), and looking to go big next summer.

    @Czarnikjak thoughts?

     

    Table - 19/20, 20/21, 21/22 net spend (ie: 3 yr FFP spend as of now)

    image.png.bd824b43136fd6bbc230f73a92f331ae.png

    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.

     

     

    • Like 2
    • Thanks 2
  5. 3 minutes ago, Condimentalist said:

    Is Ireogbunam someone who could play first team this season do we think? Given our need for a DM...

    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.

  6. 6 minutes ago, lexicon said:

    Poor Sil Swinkels is having a tough time today. Made a few mistakes, giving the ball away through nerves etc. 

     

    Bonus trivia, Zych is pronounced 'zeek' apparently. Wycombe commentator butchering his name.

    Speak of the devil, just made a great save. He looks like a very good prospect tbf.

    Should be pronounced Zih

  7. 1 hour ago, Genie said:

    Arsenal look like they are in big trouble.

    Weak squad, over paying on players, unhappy players speaking publicly, poor form, bottom of the league, rookie manager.

    What a mess. They’ll probably sack Arteta after the next next loss and leave the new manager several months away from a transfer window. 

    The concern shown by some for Arsenal is commendable. I didn't realise Arsenal football club has some much affection amongst our fanbase. 😉

    • Confused 1
  8. 1 minute ago, blandy said:

    I think there's a slight area where there's a tad more to it.

    Yes, wages (including any sign on fee and pension and NI contributions), but rather than "amortisation" I'd put it as "transfer fee paid, timing of payments, agents fees, VAT and transfer levy - the amount and timing of outgoings to third parties, basically. Timing matters, not just for pure accounting purposes, but because for many clubs large chunks of income (mainly from TV, season ticket sales and sponsorship) are provided at specific times of the year, and this helps with payments out - the actual cashflow together with the date(s).   If the club doesn't have owners with lots of available cash, then they'd need to take out short term loans, which adds more cost.

    You are correct to list these items out, the all matter.

    I am just trying to show that people shouldn't be looking at the "net transfer spend" to make informed opinions about our transfer window.

    I understand that's it's an easy to present and digest figure, but reality is much more complicated than that.

    • Like 2
  9. 21 minutes ago, KMitch said:

    I can't wait for the window to shut so I can stop checking this thread daily for transfer updates, but instead find myself reading page after page of the doom mongers spewing the same garbage for the last 8+ seasons.  Some of you moaners must be great at parties...  Unbelievable. This culture of instant gratification/entitlement makes me hate being a fan of sports.  Nothing is good enough for some people...

    This is the strongest Villa team we've had during my 15 years of following the Premier League, and yes that includes our 07-08 squad.  We have the best youth team setup in the country with several superb talents on the verge of breaking through, and just brought in 4 quality players this summer.  Yeah, we sold Jack...  Boo hoo...  We got the 6th highest transfer fee of all time for him, when we nearly sold him for Josh Onomah and a bag of crisps 3 summers ago.  We finally have some smart men who have business sense in control of the club, along with a fantastic manager who worked his way up to the Premier League from League 1 and hasn't let us down yet.  If they've decided to not spend more money or not to buy this magical brick shithouse defensive midfielder who will magically allow us to qualify for the Champions League, I trust them.  UTV!!!

    You need to stop posting here. Your post is far too sensible and measured.

    • Haha 1
  10. 2 minutes ago, a-k said:

    It is not meaningless when we dropped 35mil on player to play with JG, ergo we were looking at having a net spend of circa 35mil . That's the point.

    Net spend is meaningless touted by Sky as it is easy to understand by average punter. 

    What counts to clubs is the overall cost of ownership of a player (amortisation plus wages) and cash flow. You forgeting to factor wages of any more of potential incomings.

  11. Just now, a-k said:

    No, I agree. If the right player at the right price was available, I'm sure we would go for them. I think we are wise enough to not overpay for players just because we have the cash. I was just saying that from the outside looking in, it is just a bit disappointing that we have a negative net spend.

    Net Spend is a meaningless figure, not reflecting how the transfers are actually accounted and paid for.

    Our actual cash spent this summer on transfers will significantly outweigh the cash received. People seem to forget we still paying large chunks of moneys for our 2019 and 2020 summer transfers. For example we still had to pay outstanding £6m to Bournemouth for Mings last month.

    • Thanks 1
  12. 54 minutes ago, jacketspuds said:

    As impressed as I've been with our youngsters, it does feel like we're cutting things a bit close by letting Guilbert and Hourihane leave without bringing anyone else in.

    I just hope that this "too good to turn down" deal crops up before the window closes.

    Hourihane is our 7th choice midfielder...how is that cutting close?

  13. 18 minutes ago, CVByrne said:

    Shame we couldn't find a club to buy him because of his wages. A loan is next best thing as long as it covers those wages.

    He did good for us and I'll have fond memories of him.

    That's the problem, nobody has the money to take players like that. 

    Regarding wages, if they pay 50% of his wages we should be happy. Brugge allegedly only took on 20% of Wesley's wages.

  14. 12 minutes ago, KAZZAM said:

    Spurs splashing the cash again on Emerson Royal 30 mill euros

    That'll take there spending way over 100 mill

    Wasn't it Spurs and Arsenal who took out loans from the government for corona? But now spending more than anyone else. 

    How's that happened then?

    They paid those loans back with long term bonds.

    Also their money making machine stadiums opened again and they will rake in £100m gate receitets each this season ( big chunks of it already received as season ticket renewals).

  15. 8 minutes ago, CVByrne said:

    Barry continually being omitted from an Ipswich side in poor form and winless so far this season. I worry for his progression. Assume a recall is possible if he's not had enough game time come Jan?

    Good reality check for him. It’s not easy to make it in professional football, regardless of the talent you have. 
     

    let’s hope he reacts well and works even harder.

  16. 13 hours ago, Delphinho123 said:

    Yeh, exactly. 

    If you want to judge him as a 17yr old making their debut then he did well. All things considered. 

    But as a player in a PL match? He struggled. 

    Like we’ve said. Who cares, he’s 17. He’ll be great I’m sure. 

    Agreed with your points. Carney is not ready yet to start games in Premier League and make an impact. Off the bench cameos, yes.

    Amazes me how well Bellingham is doing at the same age, already starring for Dortmund and playing for England. He must be one in generation talent.

  17. 1 minute ago, Delphinho123 said:

    Grealish or no Grealish, not replacing the weakest area of your side (defensive midfield) is mind blowing, especially for an organisation as well run as Villa. 

    Im stunned they haven’t bought a player in to properly shield the back 4. It should have been our number one priority. 

    They must have very high hopes for Luiz and his development, and see him as the type of sitting midfielder we want to play with. The results this season will show if it is a good or bad decision.

  18. 4 minutes ago, Paul33 said:

    I think we've seen a lot of consistent evidence over the last year or so that what Smith says in interviews/press conferences has more to do with broader club strategies than providing the media/fans with the truth. Not saying we'll be in for anybody but Smith's comments have no value whatsoever in determining that !

    He does usually talk rubbish when it comes to injuries, but apart from that he is reliable. When he says no more incomings it means no more incomings. 

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