Dr_Pangloss Posted June 6, 2018 Share Posted June 6, 2018 (edited) @PriceOfFootball makes for interesting reading: Edited June 6, 2018 by Dr_Pangloss Link to comment Share on other sites More sharing options...
dounavilla Posted June 6, 2018 Share Posted June 6, 2018 Villa Park 2019. 4 Link to comment Share on other sites More sharing options...
MikeMcKenna Posted June 6, 2018 VT Supporter Share Posted June 6, 2018 (edited) I know Collymore can be full of shit but his claiming 'one employee' (Wyness?) was trying to get into club administration in order for another consortium to buy back makes some sense. Edited June 6, 2018 by MikeMcKenna Link to comment Share on other sites More sharing options...
BOF Posted June 6, 2018 Moderator Share Posted June 6, 2018 10 minutes ago, omariqy said: Worst case scenario we go into admin get purchased by a shark and start with -12 points. No, the worst case scenario is we do a Parma, cease to exist, re-form in the non-league and start again. 1 1 Link to comment Share on other sites More sharing options...
Popular Post BOF Posted June 6, 2018 Moderator Popular Post Share Posted June 6, 2018 Just now, dounavilla said: Villa Park 2019. Not all bad. At least we have Fellaini in the team. 2 5 Link to comment Share on other sites More sharing options...
Stevo985 Posted June 6, 2018 VT Supporter Share Posted June 6, 2018 4 minutes ago, Dr_Pangloss said: @PriceOfFootball makes for interesting reading: I don't know the details of our finances specifically, but paying for players on installments is very common in football these days. So buying players for £88m but only paying out £58m doesn't sound too out of place (in isolation) 3 Link to comment Share on other sites More sharing options...
Davkaus Posted June 6, 2018 Share Posted June 6, 2018 Just now, Stevo985 said: I don't know the details of our finances specifically, but paying for players on installments is very common in football these days. So buying players for £88m but only paying out £58m doesn't sound too out of place (in isolation) It doesn't sound out of place, but it does mean that we're in some serious trouble if we're struggling to come up with £4m for the taxman but will have other clubs knocking for another £30m at some point. I wonder how much of that £30m is due this summer. Link to comment Share on other sites More sharing options...
BOF Posted June 6, 2018 Moderator Share Posted June 6, 2018 1 minute ago, Stevo985 said: I don't know the details of our finances specifically, but paying for players on installments is very common in football these days. So buying players for £88m but only paying out £58m doesn't sound too out of place (in isolation) True under the normal course of events. But once events do take a turn, I suppose the outstanding bills become extra onerous. Link to comment Share on other sites More sharing options...
omariqy Posted June 6, 2018 Share Posted June 6, 2018 2 minutes ago, Stevo985 said: I don't know the details of our finances specifically, but paying for players on installments is very common in football these days. So buying players for £88m but only paying out £58m doesn't sound too out of place (in isolation) Every club does it but then they have funds to pay the installments. 1 Link to comment Share on other sites More sharing options...
Nigel Posted June 6, 2018 VT Supporter Share Posted June 6, 2018 Why do I get the feeling this is not the end of the debts? We are Leeds for the social media generation! Link to comment Share on other sites More sharing options...
islingtonclaret Posted June 6, 2018 Share Posted June 6, 2018 Seven years ago I joined this forum and we were discussing breaking the top four of England and Manchester City were nobodies. I didn't think I'd be reading discussions about us going out of business. 1 Link to comment Share on other sites More sharing options...
PieFacE Posted June 6, 2018 VT Supporter Share Posted June 6, 2018 What a ****. How possible is liquidation here? Link to comment Share on other sites More sharing options...
Davkaus Posted June 6, 2018 Share Posted June 6, 2018 (edited) 2 minutes ago, PieFacE said: What a ****. How possible is liquidation here? If the Mirror article has much truth to it, I think it's far more possible than we'd like. What kind of idiot spends tens of millions on a company that's losing £48m a year? Edited June 6, 2018 by Davkaus Link to comment Share on other sites More sharing options...
tom_avfc Posted June 6, 2018 Share Posted June 6, 2018 1 minute ago, Stevo985 said: I don't know the details of our finances specifically, but paying for players on installments is very common in football these days. So buying players for £88m but only paying out £58m doesn't sound too out of place (in isolation) Yeah doesn't seem to be out of the ordinary really. I think the fact that we have cashflow issues now in June 2018 and those figures are our creditors at the end of May 2017 also isn't helping any analysis to be honest. To be honest, if what we're led to believe the figures now could be worse than those in the accounts. Link to comment Share on other sites More sharing options...
Popular Post PieFacE Posted June 6, 2018 VT Supporter Popular Post Share Posted June 6, 2018 I don't get why we're spending so much money. Our team is shit. 5 Link to comment Share on other sites More sharing options...
StefanAVFC Posted June 6, 2018 Share Posted June 6, 2018 We spent millions to go backwards. 1 Link to comment Share on other sites More sharing options...
Davkaus Posted June 6, 2018 Share Posted June 6, 2018 1 minute ago, PieFacE said: I don't get why we're spending so much money. Our team is shit. The hilarious thing is our first 11 probably costs less than some of the expensive dross that hardly plays. Link to comment Share on other sites More sharing options...
Fairy In Boots Posted June 6, 2018 Share Posted June 6, 2018 1 minute ago, PieFacE said: I don't get why we're spending so much money. Our team is shit. This squad could have walked the league in fairness. Our manager wasn’t fit for purpose and had no plan b Link to comment Share on other sites More sharing options...
Straggler Posted June 6, 2018 Share Posted June 6, 2018 Thank god for FFP rules preventing this sort of thing from happening. 1 1 Link to comment Share on other sites More sharing options...
Nigel Posted June 6, 2018 VT Supporter Share Posted June 6, 2018 Just now, Straggler said: Thank god for FFP rules preventing this sort of thing from happening. Ha, great minds. Literally posted the same thing! 1 Link to comment Share on other sites More sharing options...
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