Sam3773 Posted March 10, 2016 Share Posted March 10, 2016 A hefty £24m loss.... This was pretty close. It's even more hefty than we thought. 1 Link to comment Share on other sites More sharing options...
Sam3773 Posted March 10, 2016 Share Posted March 10, 2016 Edit: double post Link to comment Share on other sites More sharing options...
sne Posted March 10, 2016 Share Posted March 10, 2016 8 minutes ago, briny_ear said: By the way, didn't this thread begin with a competition to guess the exact profit/loss figure? Who won? No one is a winner at Aston Villa 4 Link to comment Share on other sites More sharing options...
mikeyp102 Posted March 10, 2016 Share Posted March 10, 2016 I really don't understand how it has so bad! Did it say somewhere that merchandising dropped by £17m (or similar) if so how the hell did it drop that much? Link to comment Share on other sites More sharing options...
Jimzk5 Posted March 10, 2016 Share Posted March 10, 2016 18 minutes ago, VillaChris said: Neither Delph or Gabby were poorly paid before extensions so I'd like to think it was only a minimal increase. Well the rumour at the time gabby signed that deal was he took a pay cut Link to comment Share on other sites More sharing options...
Jimzk5 Posted March 10, 2016 Share Posted March 10, 2016 4 minutes ago, mikeyp102 said: I really don't understand how it has so bad! Did it say somewhere that merchandising dropped by £17m (or similar) if so how the hell did it drop that much? It's mental. I'm at a loss as to how the club has ended up with a wage bill like it is when we signed players like senderos and Richardson that summer Link to comment Share on other sites More sharing options...
Davkaus Posted March 10, 2016 Share Posted March 10, 2016 It's like Lerner hasn't learned a thing. Link to comment Share on other sites More sharing options...
The Fun Factory Posted March 10, 2016 Share Posted March 10, 2016 5 minutes ago, Jimzk5 said: It's mental. I'm at a loss as to how the club has ended up with a wage bill like it is when we signed players like senderos and Richardson that summer Yes me too. I don't understand it. Existing players must have signed massive new contracts like Westwood, Lowton, Guzan et al. Link to comment Share on other sites More sharing options...
Stevo985 Posted March 10, 2016 VT Supporter Share Posted March 10, 2016 4 hours ago, Risso said: I don't think that's entirely accurate. I wouldn't expect him to have had much influence on the commercial side income-wise, coming in as he did halfway through the season, but he was in charge when Lambert was given a new contract after 4 games, and who then sacked him a few months later. He was also in charge when several serial under-performers were given new contracts as well. He also appointed Sherwood. There's also the fact that he appears to have earned £1.2m for 6 months work, which means if he's on double that for the year, he earns 10 times what Faulkner did, and has absolutely ruined us as a club and company. I don't disagree with much of that, but it's kind of a different point to the one I'm making. Link to comment Share on other sites More sharing options...
foreveryoung Posted March 10, 2016 Share Posted March 10, 2016 Hodson saying on radio Wm (don't quote me on accuracy) but we made a 17m loss on the commercial side since Fox joined. Explains why he may be getting the chop end of the season. Link to comment Share on other sites More sharing options...
briny_ear Posted March 10, 2016 Share Posted March 10, 2016 1 hour ago, mikeyp102 said: I really don't understand how it has so bad! Did it say somewhere that merchandising dropped by £17m (or similar) if so how the hell did it drop that much? Some pretty dodgy merchandising options... http://shop.avfc.co.uk/seasonal-clearance/index.html?page=2 1 Link to comment Share on other sites More sharing options...
danceoftheshamen Posted March 10, 2016 Share Posted March 10, 2016 30 minutes ago, foreveryoung said: Hodson saying on radio Wm (don't quote me on accuracy) but we made a 17m loss on the commercial side since Fox joined. Explains why he may be getting the chop end of the season. Maybe got found out? After all selling the commercial side at Arsenal is a walk in the park compared to selling it at a relegation dodger club surely? Likely not used to having no cards to play! Link to comment Share on other sites More sharing options...
Villarocker Posted March 10, 2016 Share Posted March 10, 2016 37 minutes ago, foreveryoung said: Hodson saying on radio Wm (don't quote me on accuracy) but we made a 17m loss on the commercial side since Fox joined. Explains why he may be getting the chop end of the season. In which case, Fox is a mighty rocket polisher! Link to comment Share on other sites More sharing options...
Villarocker Posted March 10, 2016 Share Posted March 10, 2016 Such huge losses, so many new players in this season, relegation, loss of revenue again off the field this season, the failure to secure the big TV money next year and, don't we also have to start paying back the loans again to Lerner next year? Makes you wonder how far down we are going to fall with Lerner's cock-ups. 1 Link to comment Share on other sites More sharing options...
Popular Post blandy Posted March 10, 2016 Moderator Popular Post Share Posted March 10, 2016 1 hour ago, sne said: No one is a winner at Aston Villa The away team usually is. 6 Link to comment Share on other sites More sharing options...
supernova26 Posted March 10, 2016 Share Posted March 10, 2016 The fact we didn't sell any players of financial significance might have something to do with it. Link to comment Share on other sites More sharing options...
CarewsEyebrowDesigner Posted March 10, 2016 Share Posted March 10, 2016 so what happened Link to comment Share on other sites More sharing options...
Brumstopdogs Posted March 10, 2016 Share Posted March 10, 2016 9 hours ago, mwj said: Just for clarity: THESE ARE FIGURES DUE TO PAUL FAULKNER AND ROBIN RUSSELL THE ACCOUNTS ARE UP TO MAY 2015 Tom Fox has to take a share of the blame. He was appointed on 21st August 2014 and the accounts are for the year ending on 31st May 2015. So for over 9 months of the 12 month financial year in question Fox was there. I agree there is a settling in period but as one of the top paid CEOs in the league you have to hit the ground running. I'll have a look through the accounts to further digest what looks to be, on the face of it, another Villa shambles. Link to comment Share on other sites More sharing options...
foreveryoung Posted March 10, 2016 Share Posted March 10, 2016 Lerner night have F****e this club up. But he has kept us afloat putting his own money in for years now. 1% of me has to respect him for that. even though I agree most is of his own doing. Unless we get a new Billionaire in, we are going nowhere soon. Even though I agree its time for Lerner to go, unfortunately its looking like that old saying "be careful what we wish for". Bolton says Hi! Link to comment Share on other sites More sharing options...
OutByEaster? Posted March 10, 2016 Moderator Share Posted March 10, 2016 Do the accounts tell us hat our debt currently is? Link to comment Share on other sites More sharing options...
Recommended Posts