KHV Posted February 27, 2017 Share Posted February 27, 2017 3 minutes ago, Eastie said: No thanks - it could mean widespread sales at cut prices and playing a bunch of academy players . vital we go up next season . That's the likely scenario for the 2018/19 season Link to comment Share on other sites More sharing options...
Eastie Posted February 27, 2017 Author Share Posted February 27, 2017 Just now, KHV said: That's the likely scenario for the 2018/19 season Only if we fail to get promoted next season - it's shit or bust in many ways . Link to comment Share on other sites More sharing options...
Demitri_C Posted February 27, 2017 Share Posted February 27, 2017 We are the next Leeds no doubt about it. Very alarming and worrying times ahead I think. Link to comment Share on other sites More sharing options...
Chindie Posted February 27, 2017 VT Supporter Share Posted February 27, 2017 We might be looking at Leeds longingly. Link to comment Share on other sites More sharing options...
Popular Post blandy Posted February 27, 2017 Moderator Popular Post Share Posted February 27, 2017 1 hour ago, TrentVilla said: Fail to go up next season and things are going to go pop. Why? I mean obviously that's the aim (going up, I mean), and so it should be. But I dunno, I know the parachute money drops again for the third (final) year of parachute payments, and it drops by quite a bit - something like 13 million total payment for the third season, from 40+ to 30+ to 13, I think it was. But on the other hand, we know a few things from what KW and Dr T have said - specifically that there's no debt, that there were big drops in wages for this season due to clauses, that we're not in danger of breaching FFP and that there are plans afoot. I'm tending towards thinking that under the circus of failing again next season, it would be difficult, but not sure it would be a "go pop" situation, as in a completely burst balloon. More likely would be a bit of a deflation of the balloon, or some innovative spending and sponsorship etc. 8 Link to comment Share on other sites More sharing options...
KHV Posted February 27, 2017 Share Posted February 27, 2017 14 minutes ago, Eastie said: Only if we fail to get promoted next season - it's shit or bust in many ways . Shit or bust was not the strategic plan I thought new owners had in mind for Aston Villa. The fact that it is leaves me wondering if they were the right people to sell to in the first place. 1 Link to comment Share on other sites More sharing options...
snowychap Posted February 27, 2017 Share Posted February 27, 2017 4 hours ago, villa4europe said: iirc they pulled the money from the sales of delph, benteke etc forward to flower up last years, this was always coming I don't think so. Having had a shufti at last year's thread, we made a loss of just under £20m on player transactions. The bit about the summer transactions was a note in the accounts about how much had been received and spent last summer. Impairments to assets would be pay-offs and write-offs wouldn't they? 1 Link to comment Share on other sites More sharing options...
Popular Post blandy Posted February 27, 2017 Moderator Popular Post Share Posted February 27, 2017 We also don't know if the loss was covered by Randy before he sold - i.e. if he converted shares to equity and thereby effectively paid it off from his own pocket. I could be wrong, but he always seemed like an honourable man to me, and his actions may have been misguided at times, but I suspect that given what KW said, he paid them off. So the issue then (now) is purely about complying with FFP rules, rather than any kind of Leeds scenario where the club itself was nigh on bust. 5 Link to comment Share on other sites More sharing options...
Eastie Posted February 27, 2017 Author Share Posted February 27, 2017 10 minutes ago, KHV said: Shit or bust was not the strategic plan I thought new owners had in mind for Aston Villa. The fact that it is leaves me wondering if they were the right people to sell to in the first place. In fairness the money spent on this squad should have been more than enough to get promotion and feel confident about doing so . we have spent more than Brighton , Huddersfield , reading and Leeds put together. Link to comment Share on other sites More sharing options...
Morley_crosses_to_Withe Posted February 27, 2017 Share Posted February 27, 2017 The wage bill is a concern again especially after Xia's comment a week or so ago. 9 minutes ago, blandy said: We also don't know if the loss was covered by Randy before he sold - i.e. if he converted shares to equity and thereby effectively paid it off from his own pocket. I could be wrong, but he always seemed like an honourable man to me, and his actions may have been misguided at times, but I suspect that given what KW said, he paid them off. So the issue then (now) is purely about complying with FFP rules, rather than any kind of Leeds scenario where the club itself was nigh on bust. He was definitely converting debt to equity up until the set of accounts prior to this. I don't whether he cleared the last bit that was remaining, though. 2 Link to comment Share on other sites More sharing options...
terrytini Posted February 27, 2017 Share Posted February 27, 2017 Well think of all the fun we could all be having if this shower of shite was finally wound up and binned. It'd be a relief ! Link to comment Share on other sites More sharing options...
mikeyp102 Posted February 27, 2017 Share Posted February 27, 2017 (edited) Remember those days when all we cared about was the football on the pitch? Dr T and Wyness would be fully aware of these accounts and what the results would be. They both seem very good businessmen and will have planned for this. We have recruited numerous commercial staff to increase our revenue and will be getting better deals in place. Edited February 27, 2017 by mikeyp102 1 Link to comment Share on other sites More sharing options...
Eastie Posted February 27, 2017 Author Share Posted February 27, 2017 25 minutes ago, mikeyp102 said: Remember those days when all we cared about was the football on the pitch? Dr T and Wyness would be fully aware of these accounts and what the results would be. They both seem very good businessmen and will have planned for this. We have recruited numerous commercial staff to increase our revenue and will be getting better deals in place. Could we not just get sponsored by recon for £150m next season Link to comment Share on other sites More sharing options...
DaveAV1 Posted February 27, 2017 Share Posted February 27, 2017 4 minutes ago, Eastie said: Could we not just get sponsored by recon for £150m next season I think theoretically the rules say something about a deal has to stand up business wise. They pulled Man City up when their owner sponsored the stadium for £400m. City had some sort of punishment which meant they had to have one less squad member for the Champions League matches. After that I don't think anything was public knowledge. I assume the money men and their lawyers had a good "chat" with the FA and UEFA and "a way" was found. I imagine we also have lawyers and money men who speak in similar riddles. Link to comment Share on other sites More sharing options...
dn1982 Posted February 27, 2017 Share Posted February 27, 2017 30 minutes ago, DaveAV1 said: I think theoretically the rules say something about a deal has to stand up business wise. They pulled Man City up when their owner sponsored the stadium for £400m. City had some sort of punishment which meant they had to have one less squad member for the Champions League matches. After that I don't think anything was public knowledge. I assume the money men and their lawyers had a good "chat" with the FA and UEFA and "a way" was found. I imagine we also have lawyers and money men who speak in similar riddles. I'll take that now to be fair they can make our Champions League squad 25 men less if they want. 3 Link to comment Share on other sites More sharing options...
jim Posted February 27, 2017 Share Posted February 27, 2017 5 hours ago, KHV said: A massive fail on and off the pitch. And we are still repeating those mistakes. Link to comment Share on other sites More sharing options...
jim Posted February 27, 2017 Share Posted February 27, 2017 2 hours ago, Eastie said: In fairness the money spent on this squad should have been more than enough to get promotion and feel confident about doing so . we have spent more than Brighton , Huddersfield , reading and Leeds put together. It's not what you spend, it's how you spend it. Link to comment Share on other sites More sharing options...
dont_do_it_doug. Posted February 27, 2017 Share Posted February 27, 2017 2 hours ago, terrytini said: Well think of all the fun we could all be having if this shower of shite was finally wound up and binned. It'd be a relief ! Yeah, I won't be forced to read miserable tripe like this anymore. 4 Link to comment Share on other sites More sharing options...
Harry Posted February 27, 2017 Share Posted February 27, 2017 We need to look at the operating profit / loss. The exceptional items will most likely be non recurring one off write downs and charges. No need for alarm IMO. 2 Link to comment Share on other sites More sharing options...
snowychap Posted February 27, 2017 Share Posted February 27, 2017 8 minutes ago, Harry said: The exceptional items will most likely be non recurring one off write downs and charges I think that's been said every year for the last five or so. Link to comment Share on other sites More sharing options...
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