PussEKatt Posted March 10, 2016 Share Posted March 10, 2016 5 minutes ago, HeyAnty said: What i want to know how the heck Stoke and the likes are spending big money and wages on players and we are going from one disaster to another financially. We cant keep blaming O'Neills tenure, that was 8 years ago Not only Stoke etc.Even Bournmouth,Norwich and Watford spent more than us FFS Link to comment Share on other sites More sharing options...
dn1982 Posted March 10, 2016 Share Posted March 10, 2016 3 hours ago, Jareth said: P45s on their way then. I think that's the fans KPI's seeing as the way we've been run by the directors goes against this completely. Link to comment Share on other sites More sharing options...
dn1982 Posted March 10, 2016 Share Posted March 10, 2016 19 minutes ago, mwj said: I was agreeing with you in general, just pointing out that gate receipts are down the list when it comes to revenue generation. That's why having an increased commercial department and hardly anything to show for an FA Cup run is astonishing. Link to comment Share on other sites More sharing options...
thunderball Posted March 10, 2016 Share Posted March 10, 2016 I blame MON. Link to comment Share on other sites More sharing options...
Nabby Posted March 10, 2016 Share Posted March 10, 2016 54 minutes ago, mwj said: Just for clarity: THESE ARE FIGURES DUE TO PAUL FAULKNER AND ROBIN RUSSELL THE ACCOUNTS ARE UP TO MAY 2015 Ah I did not see that so its before the Delph and Benteke sales Link to comment Share on other sites More sharing options...
bobzy Posted March 10, 2016 Share Posted March 10, 2016 Accounts don't take into account (lol) anything that Fox may/may not have done at the club and the following arrivals vs. departures: IN: Ayew, Amavi, Veretout, Traore, Gueye, Gestede, Sinclair, Lescott, Crespo, Richards, Bunn, Sarkic, Ilori (loan fee) OUT: Benteke, Delph, Weimann, Sylla, Lowton, Cole, Given, Bent, Tonev, Luna Transfermrket (however it gets its figures) has us at a loss of roughly £1.3m purely on transfer fees. These accounts do help to explain why we basically "only" spent our Benteke/Delph money in the summer, but I'd be willing to guess that the wages for the players "IN" (above) are lower overall than the players "OUT". Reduced debt as well - all points towards a levelling of the ship and preparing for a sale. Worst case, Lerner stays and we'll be more stable than these accounts suggest. I'm concerned, but not massively just yet. Amazing that we offered a lot of lucrative contracts in a period immediately after cutting down on them, though! 2 Link to comment Share on other sites More sharing options...
rodders0223 Posted March 10, 2016 Share Posted March 10, 2016 We have been well and truly left behind. This club is done, we are up there with Sheffield Wednesday and Coventrys on the 'didn't they used to be big?' scale. What have we been doing?!!!! 1 Link to comment Share on other sites More sharing options...
KHV Posted March 10, 2016 Share Posted March 10, 2016 2 minutes ago, rodders0223 said: We have been well and truly left behind. This club is done, we are up there with Sheffield Wednesday and Coventrys on the 'didn't they used to be big?' scale. What have we been doing?!!!! We are well on our way to obscurity Link to comment Share on other sites More sharing options...
dont_do_it_doug. Posted March 10, 2016 Share Posted March 10, 2016 9 minutes ago, bobzy said: Accounts don't take into account (lol) anything that Fox may/may not have done at the club and the following arrivals vs. departures: IN: Ayew, Amavi, Veretout, Traore, Gueye, Gestede, Sinclair, Lescott, Crespo, Richards, Bunn, Sarkic, Ilori (loan fee) OUT: Benteke, Delph, Weimann, Sylla, Lowton, Cole, Given, Bent, Tonev, Luna Transfermrket (however it gets its figures) has us at a loss of roughly £1.3m purely on transfer fees. These accounts do help to explain why we basically "only" spent our Benteke/Delph money in the summer, but I'd be willing to guess that the wages for the players "IN" (above) are lower overall than the players "OUT". Reduced debt as well - all points towards a levelling of the ship and preparing for a sale. Worst case, Lerner stays and we'll be more stable than these accounts suggest. I'm concerned, but not massively just yet. Amazing that we offered a lot of lucrative contracts in a period immediately after cutting down on them, though! You're not massively concerned? In what sense? Link to comment Share on other sites More sharing options...
dn1982 Posted March 10, 2016 Share Posted March 10, 2016 You're only allowed a 25 man squad so if you have an average wage of £40k that's about £52m on 1st team wages. How can we then spend 50% roughly again on the rest? Our waste is unbelievable! I think they set 60% as roughly the wage to turnover ratio so ours would be about 65m. Which wouldn't be too bad. It'll be interesting to see how these numbers get explained away. Hopefully a decent journalist will try to get the right people to answer the questions but knowing the crap ones that look after Villa they'll be asking Garde tomorrow!!!! Link to comment Share on other sites More sharing options...
slowandlow Posted March 10, 2016 Share Posted March 10, 2016 surely the accounts will take into account Fox giving Lambert a new contract then sacking him then appointing Sherwood if it is up to May 2015? Link to comment Share on other sites More sharing options...
BOF Posted March 10, 2016 Moderator Share Posted March 10, 2016 6 minutes ago, slowandlow said: surely the accounts will take into account Fox giving Lambert a new contract then sacking him then appointing Sherwood if it is up to May 2015? There is an "exceptional item" to the tune of £3.3m in there with the description "net termination and onerous contract costs” which I'm assuming incorporates all that kind of gubbins. Link to comment Share on other sites More sharing options...
slowandlow Posted March 10, 2016 Share Posted March 10, 2016 Yeah you might be right. I was just wondering why so many people appear to be absolving Tom Fox of any blame with the accounts even though he was around for 8 or 9 months if i have my timelines correct Link to comment Share on other sites More sharing options...
BOF Posted March 10, 2016 Moderator Share Posted March 10, 2016 I haven't seen much absolution of Fox yet tbph. I've seen a lot of thoughts that this could be enough to nail his coffin shut. Especially given what many are presuming to be his exorbitant wage. Link to comment Share on other sites More sharing options...
GeordieVillan Posted March 10, 2016 Share Posted March 10, 2016 Not good reading - and I'm an accountant. Any business posting figures like this would be set for a massive overhaul (or dare I say it - takeover as a business in distress), but then football clubs are a bit of a unique animal. Perhaps this explains why Hollis has been brought in though - someone with proven financial pedigree, even if without any background in football. 1 Link to comment Share on other sites More sharing options...
Wainy316 Posted March 10, 2016 Share Posted March 10, 2016 Where the **** does the TV money go? Link to comment Share on other sites More sharing options...
KHV Posted March 10, 2016 Share Posted March 10, 2016 Just now, Wainy316 said: Where the **** does the TV money go? Wages Link to comment Share on other sites More sharing options...
bobzy Posted March 10, 2016 Share Posted March 10, 2016 53 minutes ago, dont_do_it_doug. said: You're not massively concerned? In what sense? It's all explained in my post, isn't it? These accounts don't take into account our summer activity and any new deals that may be in place. I'm concerned, but not massively. Link to comment Share on other sites More sharing options...
jon_c Posted March 10, 2016 Share Posted March 10, 2016 What I can't get my head round is the increase in wages, year on year. We've been paying our players less and less as the years pass. The wages we offer are no where near competitive compared to other teams in the league. So how do we, in comparison, struggle so badly with percentage of wage bill? Link to comment Share on other sites More sharing options...
HeyAnty Posted March 10, 2016 Share Posted March 10, 2016 Its the chocolate digestive biscuits have screwed us over. Thankfully in next seasons accounts we will see the benefits of cutting these out. Good man Fox! 2 Link to comment Share on other sites More sharing options...
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