Popular Post Tony Posted March 2, 2019 Popular Post Share Posted March 2, 2019 (edited) Accounts for Aston Villa Football Club Limited were out today. Heres a couple of interesting points I took out of it. Worth noting That these set of accounts do not include player trading and wages. These figures, along with those seen within AVFC Ltd are ultimately consolidated and published within Recon Group UK Limited, whose accounts are overdue. I am only including the rough figures from the accounts, for exact see the links above. Revenue Revenue in total is down 9% from circa £71m to £65m, broken down as such: Broadcasting income is down 16% From circa £48m to £40m, expected due to prolonged time in the championship. Believe its our last year of parachute payments, so likely to decrease further in upcoming years. Commercial income has decreased by 20% from circa £10m to £8m. Gate income has increased by 10% from circa £10m to £11m, most likely due to the playoff run and what was a relatively good season. Sponsorship income has increased by 76% from circa £3m to £5m. Admin expenses Total increase of 23%, from circa £79m to £97m. Staff costs have decreased by 28% from circa £8m to £6m, due from a reduction to staff levels of 283. Broken down this is a reduction in full time employees of 31 and part time (match day and events) of 252. Directors pay has increased by 22% from circa £360k to £440k. I think these sums would only be in relation to Keith Wyness, and if so would suggest he gave himself a nice pay rise while letting other staff go. Speculation though. Depreciation charged to the P&L is relatively the same. Other Accruals and deferred income has increased by 130% from circa £9m to £20m. This pretty much explains the increase to administration costs during the year. Not sure on what they have accrued for though, speculating it might be with regards to the HS2 stuff. No stock suggests we continued to outsource the catering. bank loans and overdrafts were fully paid off. There is a note on contingent liabilities which states that an ex employee has bought a claim against the club for unfair dismissal. See Keith Wyness. However at this point it is impractical to estimate a cost in relation to the claim. Suggests no costs recognised for it within the accounts. Feel free to add any further points i might have missed. Currently an operating loss of £32.5m for the time being, however until final accounts are out from Recon we wont have the full picture with regards to FFP. Edited March 2, 2019 by Tony 3 5 Link to comment Share on other sites More sharing options...
OutByEaster? Posted March 2, 2019 Moderator Share Posted March 2, 2019 Should we be worried that the RECON accounts are overdue? I'm a bit worried that the RECON accounts are overdue. 1 Link to comment Share on other sites More sharing options...
OutByEaster? Posted March 2, 2019 Moderator Share Posted March 2, 2019 The figure for gate receipts is £11,831,343. Now, given that I know nothing at all about accountancy, we had 23 home league games, the play off semi-final and three home cup ties in that period, as well as a friendly against Watford - so, 28 games. In the 23 league games, we had 738,226 fans through the doors - so that, plus five other crowds, four of which would be smaller and one which would be a full house - maybe another hundred odd thousand - anyway, roughly 850,000 bums on seats. That would make the average price to put a bum on a seat at Villa Park during this accounting period £13.92. That can't be right surely? Link to comment Share on other sites More sharing options...
LakotaDakota Posted March 2, 2019 Share Posted March 2, 2019 1 3 Link to comment Share on other sites More sharing options...
Jareth Posted March 2, 2019 VT Supporter Share Posted March 2, 2019 So if we lost 32 mill in 17/18 - and 14.5m loss in 16/17, we will need to have made a profit this season of 7.5 mill to be compliant with FFP no? Is it possible we have done that? Link to comment Share on other sites More sharing options...
Jimzk5 Posted March 2, 2019 Share Posted March 2, 2019 How on earth do we run at a loss of 32 million, and that will get worse next year If Edens and sawaris lose interest we are **** Link to comment Share on other sites More sharing options...
Vive_La_Villa Posted March 2, 2019 Share Posted March 2, 2019 We’re in the shit. Link to comment Share on other sites More sharing options...
snowychap Posted March 2, 2019 Share Posted March 2, 2019 1 hour ago, OutByEaster? said: The figure for gate receipts is £11,831,343. Now, given that I know nothing at all about accountancy, we had 23 home league games, the play off semi-final and three home cup ties in that period, as well as a friendly against Watford - so, 28 games. In the 23 league games, we had 738,226 fans through the doors - so that, plus five other crowds, four of which would be smaller and one which would be a full house - maybe another hundred odd thousand - anyway, roughly 850,000 bums on seats. That would make the average price to put a bum on a seat at Villa Park during this accounting period £13.92. That can't be right surely? Season tickets? Link to comment Share on other sites More sharing options...
OutByEaster? Posted March 2, 2019 Moderator Share Posted March 2, 2019 2 minutes ago, snowychap said: Season tickets? Season tickets would be included in ticket sales wouldn't they? Away tickets might not I guess. Link to comment Share on other sites More sharing options...
KHV Posted March 2, 2019 Share Posted March 2, 2019 20 minutes ago, Jimzk5 said: How on earth do we run at a loss of 32 million, and that will get worse next year If Edens and sawaris lose interest we are **** It's quite simple. We are a championship team and should be paying no player anymore than 10-15k per week maximum. Link to comment Share on other sites More sharing options...
KHV Posted March 2, 2019 Share Posted March 2, 2019 1 hour ago, Jareth said: So if we lost 32 mill in 17/18 - and 14.5m loss in 16/17, we will need to have made a profit this season of 7.5 mill to be compliant with FFP no? Is it possible we have done that? No chance Link to comment Share on other sites More sharing options...
LakotaDakota Posted March 2, 2019 Share Posted March 2, 2019 3 minutes ago, KHV said: It's quite simple. We are a championship team and should be paying no player anymore than 10-15k per week maximum. player wages are not even part of that loss... Dread to think what the actual real costs/losses are Link to comment Share on other sites More sharing options...
KHV Posted March 2, 2019 Share Posted March 2, 2019 13 minutes ago, Vive_La_Villa said: We’re in the shit. Sell Chester, sell McGinn and sell Grealish with high earners contracts being up in the summer too we should be okay. There will be no massive summer rebuild people are expecting. All the youngsters we have on loan will be brought in which is why they are all on loan at the moment. Next season will be horrible. Link to comment Share on other sites More sharing options...
KHV Posted March 2, 2019 Share Posted March 2, 2019 3 minutes ago, LakotaDakota said: player wages are not even part of that loss... Dread to think what the actual real costs/losses are It's not going to be pretty. Link to comment Share on other sites More sharing options...
snowychap Posted March 2, 2019 Share Posted March 2, 2019 (edited) 15 minutes ago, OutByEaster? said: Season tickets would be included in ticket sales wouldn't they? Away tickets might not I guess. I don't know. I'm assuming season tickets would - season tickets work out to be a much lower £ per game than a single ticket, don't they? Then factor in junior and family season tickets. Just looking at the page for the 17/18 season, it says: Quote Prices start from just £75 for U16, from £140 for U21 and from £340 for adults. In fact, a family of four can get a season ticket at £686 – that’s £30 per game for the whole family. That's obviously going to weigh down on the average price of a ticket overall. Edited March 2, 2019 by snowychap 1 Link to comment Share on other sites More sharing options...
LakotaDakota Posted March 2, 2019 Share Posted March 2, 2019 1 minute ago, KHV said: It's not going to be pretty. was something like 61 million for players & staff salaries in last years recon accounts so by the time these are added from this year it is going to be close to 100 million Wouldn't be so bad i guess if we weren't completely shit and in 3 months time only actually own about 15 players Link to comment Share on other sites More sharing options...
Jareth Posted March 2, 2019 VT Supporter Share Posted March 2, 2019 9 minutes ago, LakotaDakota said: player wages are not even part of that loss... Dread to think what the actual real costs/losses are I don;t get this part, we only file one set of accounts don't we? Is it that they just aren't itemised? Link to comment Share on other sites More sharing options...
DCJonah Posted March 2, 2019 Share Posted March 2, 2019 This is the result of our financial advantage over the league being trusted to Bruce and overseen by a complete fraud. Thanks to both of them 2 Link to comment Share on other sites More sharing options...
Stevo985 Posted March 2, 2019 VT Supporter Share Posted March 2, 2019 54 minutes ago, snowychap said: I don't know. I'm assuming season tickets would - season tickets work out to be a much lower £ per game than a single ticket, don't they? Then factor in junior and family season tickets. Just looking at the page for the 17/18 season, it says: That's obviously going to weigh down on the average price of a ticket overall. There would be a load of complimentary tickets and stuff included as well I would have thought which would drag the average down too? 1 Link to comment Share on other sites More sharing options...
LakotaDakota Posted March 2, 2019 Share Posted March 2, 2019 (edited) insanity really when you think that we were competing in the same league as teams like Burton who run the club with a 77 grand overdraft facility Edited March 2, 2019 by LakotaDakota Link to comment Share on other sites More sharing options...
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