romavillan Posted February 26, 2015 VT Supporter Share Posted February 26, 2015 It's not about money in the championship - the biggest spenders this season were the relegated teams and £15 mill was about the biggest total outlay - hasn;t done them any good though. Just look at Ipswich, they spent £10k, and are third. What's more important to AVFC more so now than ever before, regardless of the league we are in is having good people runnning the club. Regardless of that, I think the accounts show that should we go down, we'd be the Man City of the league, but look how long it took them to win the flippin title. Yes but we're just about breaking even with massive tv money, lose that after the parachute payments stop and we're in deep shit again if we do not shed tons of wages. Link to comment Share on other sites More sharing options...
GENTLEMAN Posted February 26, 2015 Share Posted February 26, 2015 It's not about money in the championship - the biggest spenders this season were the relegated teams and £15 mill was about the biggest total outlay - hasn;t done them any good though. Just look at Ipswich, they spent £10k, and are third. What's more important to AVFC more so now than ever before, regardless of the league we are in is having good people runnning the club. Regardless of that, I think the accounts show that should we go down, we'd be the Man City of the league, but look how long it took them to win the flippin title. Yes but we're just about breaking even with massive tv money, lose that after the parachute payments stop and we're in deep shit again if we do not shed tons of wages. Imperative we come back up immediately should we drop. 1 Link to comment Share on other sites More sharing options...
PieFacE Posted February 26, 2015 VT Supporter Share Posted February 26, 2015 Go down and the cutting process starts again. Stay up and who knows. Well stay up and we will continue the way we have been until commercial revenue or TV money is increased. Link to comment Share on other sites More sharing options...
omariqy Posted February 26, 2015 Share Posted February 26, 2015 Assuming we get sold for £150m. How much would RL have put into the club and how much we have got back? Link to comment Share on other sites More sharing options...
Stevo985 Posted February 26, 2015 VT Supporter Share Posted February 26, 2015 Fairly certain that would represent a loss for him. I think the £200m figure was him breaking even. Link to comment Share on other sites More sharing options...
omariqy Posted February 26, 2015 Share Posted February 26, 2015 So the annual losses plus the initial amount he paid for us comes to about £200m? Link to comment Share on other sites More sharing options...
Stevo985 Posted February 26, 2015 VT Supporter Share Posted February 26, 2015 The amount he paid for the club plus the amount he's put in out of his own pocket come to £200m Or at least that's how I understood it, that may not be correct. Link to comment Share on other sites More sharing options...
Jareth Posted February 26, 2015 Share Posted February 26, 2015 Well that's quite a neat way to understand it. So following on, in his time here he's made losses of about £120 mill - but now the club's value has risen over time with the new TV deals etc, he stands to break even if selling at £200 mill. Seems fair if he ends up getting £150 mill - he should be taking a hit for the sheer mismanagement during his custodianship. Link to comment Share on other sites More sharing options...
Stevo985 Posted February 26, 2015 VT Supporter Share Posted February 26, 2015 Worth saying I don't know any of that for sure. I just remember the £200m figure being touted as him getting his money back, i.e. breaking even. I don't know if that works out if you add everything up. Link to comment Share on other sites More sharing options...
Morley_crosses_to_Withe Posted February 26, 2015 Share Posted February 26, 2015 So the annual losses plus the initial amount he paid for us comes to about £200m? More like ~£270M. Link to comment Share on other sites More sharing options...
P3te Posted February 26, 2015 Share Posted February 26, 2015 The price Lerner paid for Villa has been misreported though. In August 2006 he paid 62.6m for 60% off the club's shares, not for the whole club. That means he had to go buy the remaining 40%, he wouldn't have gotten that for free. Based on the cost paid for the 60%, the remaining 40% would've cost a ballpark of another 40m, putting the outlay for full club ownership at around 100m. Then you factor in the losses he covered, and he's definitely spent more than 200m of his own money on us. Probably not far off 350m Link to comment Share on other sites More sharing options...
Kingman Posted February 26, 2015 Share Posted February 26, 2015 The price Lerner paid for Villa has been misreported though. In August 2006 he paid 62.6m for 60% off the club's shares, not for the whole club. That means he had to go buy the remaining 40%, he wouldn't have gotten that for free. Based on the cost paid for the 60%, the remaining 40% would've cost a ballpark of another 40m, putting the outlay for full club ownership at around 100m. Then you factor in the losses he covered, and he's definitely spent more than 200m of his own money on us. Probably not far off 350m How much has he received on average per season since 2006, Inc all Gate receipts, Merchandise, Sponsorship deals, TV packages etc? Link to comment Share on other sites More sharing options...
OutByEaster? Posted February 26, 2015 Moderator Share Posted February 26, 2015 The price Lerner paid for Villa has been misreported though. In August 2006 he paid 62.6m for 60% off the club's shares, not for the whole club. That means he had to go buy the remaining 40%, he wouldn't have gotten that for free. Based on the cost paid for the 60%, the remaining 40% would've cost a ballpark of another 40m, putting the outlay for full club ownership at around 100m. Then you factor in the losses he covered, and he's definitely spent more than 200m of his own money on us. Probably not far off 350m How much has he received on average per season since 2006, Inc all Gate receipts, Merchandise, Sponsorship deals, TV packages etc? It's all gone back into the club, there have been some 'management fees' which have come to about £10m during the time he's been here, but the rest has gone to the club, not to him. I've got him down for losing about £200m. Link to comment Share on other sites More sharing options...
P3te Posted February 26, 2015 Share Posted February 26, 2015 (edited) The price Lerner paid for Villa has been misreported though. In August 2006 he paid 62.6m for 60% off the club's shares, not for the whole club. That means he had to go buy the remaining 40%, he wouldn't have gotten that for free. Based on the cost paid for the 60%, the remaining 40% would've cost a ballpark of another 40m, putting the outlay for full club ownership at around 100m. Then you factor in the losses he covered, and he's definitely spent more than 200m of his own money on us. Probably not far off 350m How much has he received on average per season since 2006, Inc all Gate receipts, Merchandise, Sponsorship deals, TV packages etc? Lerner himself personally, given all the money he's had to put in? Definitely in the minus 9 figure range I'd imagine Edited February 26, 2015 by P3te Link to comment Share on other sites More sharing options...
P3te Posted February 26, 2015 Share Posted February 26, 2015 It's all gone back into the club, there have been some 'management fees' which have come to about £10m during the time he's been here, but the rest has gone to the club, not to him. I've got him down for losing about £200m. Yeah that'd be about right by my reckoning. Any money he's "made" has gone back in ten fold Link to comment Share on other sites More sharing options...
P3te Posted February 26, 2015 Share Posted February 26, 2015 How much has he received on average per season since 2006, Inc all Gate receipts, Merchandise, Sponsorship deals, TV packages etc? Not meaning to prod at this post, or the poster, but do people still actually honestly believe that the money a club makes goes into the pocket of the owner? Business simply doesn't work that way. The owner pays himself a (usually very low) salary, aims to run the company as being profitable, and then looks to make their payday if/when they sell. AVFC's income doesn't go into Randy Lerner's bank account, and if it did he'd be looking at a nice stretch in jail Link to comment Share on other sites More sharing options...
snowychap Posted February 26, 2015 Share Posted February 26, 2015 Lerner himself personally, given all the money he's had to put in? Definitely in the minus 9 figure range I'd imagineIt's the trust that's put the money in (via the mother company), though, isn't it? Link to comment Share on other sites More sharing options...
P3te Posted February 26, 2015 Share Posted February 26, 2015 Lerner himself personally, given all the money he's had to put in? Definitely in the minus 9 figure range I'd imagine It's the trust that's put the money in (via the mother company), though, isn't it? Possibly, but it's still "his" money for the sake of this conversation really Link to comment Share on other sites More sharing options...
OutByEaster? Posted February 26, 2015 Moderator Share Posted February 26, 2015 Lerner has personally lost a fortune, it could have been less if he hadn't personally been involved. Poor decisions are responsible for a very good chunk of that loss. Link to comment Share on other sites More sharing options...
VillaChris Posted February 26, 2015 Share Posted February 26, 2015 Add in personal stuff aswell like his divorce around I think 2010 which fits in nicely with the austerity starting here. 1 Link to comment Share on other sites More sharing options...
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