AVFC accounts 2018

[tomav84]

3 hours ago, blandy said:

Absolutely right. In that case he used the resources well. But the club gave him a budget, he spent it. It was his policy to go with high wage loans etc v youth, or v lower wage, cheap fee signings to be developed. In football terms it didn’t work, ultimately. Accounting wise, I guess it nearly drove the club bankrupt, but because the wages are now off the books, at least that punishing burden is gone....except of course, he did it again this season, when he was here. Very pleased he’s now ex manager, and at least Bolassie is off the wages.

but again, he wouldnt have been part of the wage discussions around bolassie. had everton agreed us to only pay say 20k of bolassie's wages then he's only have got another loan/free transfer for 30k a week as he had the budget to do so

and you refer to 'his' policy of loans vs youth...well how many fans would have given him time to develop said youngsters? very, very few...he needed to sign players that were to make an instant impact and hopefully get us promoted. we expected/expect instant sucess. FFS i mean some are even saying smith should go if we don't come flying out of the blocks next season

[Demitri_C]

Terry was worth the wage sin my opinion. He help bring that winking mentality back an dmade grealish a better player 

[Zatman]

27 minutes ago, tomav84 said:

but again, he wouldnt have been part of the wage discussions around bolassie. had everton agreed us to only pay say 20k of bolassie's wages then he's only have got another loan/free transfer for 30k a week as he had the budget to do so

and you refer to 'his' policy of loans vs youth...well how many fans would have given him time to develop said youngsters? very, very few...he needed to sign players that were to make an instant impact and hopefully get us promoted. we expected/expect instant sucess. FFS i mean some are even saying smith should go if we don't come flying out of the blocks next season

I think most Villa fans would have accepted a rebuild after the relegation season. Dr. Fraud on the other hand came in all guns blazing talking about Champions League in next 5 seasons

[blandy]

46 minutes ago, tomav84 said:

but again, he wouldnt have been part of the wage discussions around bolassie. had everton agreed us to only pay say 20k of bolassie's wages then he's only have got another loan/free transfer for 30k a week as he had the budget to do so

and you refer to 'his' policy of loans vs youth...well how many fans would have given him time to develop said youngsters? very, very few...he needed to sign players that were to make an instant impact and hopefully get us promoted. we expected/expect instant sucess. FFS i mean some are even saying smith should go if we don't come flying out of the blocks next season

I don't want to make this about Bruce - there's another thread for that. Bruce isn't one for developing youngsters anyway.

If the manager says "I need a winger" and the club says "we can afford 2 million to cover fee + wages" then the club's set the 2 million limit, not the manager. If the manager then uses that 2 million to loan a winger, that's his use of the resources. Other managers might try a player from the lower leagues or the yoputh team, or try and do a player swap deal, or any number of options. Bruce chose expensive loans. Some were good, some were bad. Terry, Snoddy, Sam Johnson - good. In terms of both accounting, and building a fgootball club it's not a remotely sustainable approach. It's a gamble.

[romavillan]

12 minutes ago, blandy said:

I don't want to make this about Bruce - there's another thread for that. Bruce isn't one for developing youngsters anyway.

If the manager says "I need a winger" and the club says "we can afford 2 million to cover fee + wages" then the club's set the 2 million limit, not the manager. If the manager then uses that 2 million to loan a winger, that's his use of the resources. Other managers might try a player from the lower leagues or the yoputh team, or try and do a player swap deal, or any number of options. Bruce chose expensive loans. Some were good, some were bad. Terry, Snoddy, Sam Johnson - good. In terms of both accounting, and building a fgootball club it's not a remotely sustainable approach. It's a gamble.

At your most generous you could say he nearly achieved promotion using incredibly short term measures. Nothing about that approach is building for the future, looking no further than the summer, gambling on having prem money for the rebuild. 

It would appear that without very radical change we are only viable in the top flight, acting like we still are is suicide at this point surely.

[mikeyp102]

2 hours ago, Demitri_C said:

Terry was worth the wage sin my opinion. He help bring that winking mentality back an dmade grealish a better player 

I bet he did... “Aye , Aye treacle... “

[DaveAV1]

23 hours ago, Stuartc445 said:

But you carry on blaming Bruce for everything, is the rise in knife crime Bruce's fault as well

I think it’s ridiculous to blame Bruce for the rise in knife crime, but I think he needs to take some responsibility for the rise in assault with a vegetable based weapon. 

[Darth Villa]

I thought the cabbage had seen off Steve Bruce but he seems to hang around this forum like a lingering killer fart..

We've been operating beyond our means for many years and last summer the Empire nearly crumbled over a tax bill, that is simply not sustainable, not acceptable.

Our new owners have identified a long-term, reduced cost, patient strategy that they believe will work as they've used it at other clubs albeit for different sports. We will stabilise financially, hopefully retain player's truly worthy of their salaries (of which we have very few in our squad) and bin the rest in favour of potential growth, not simply one last pay cheque.

It might not be what we're used to but I'm going to advocate giving these proven, sports business owning multi-billionaires a chance. After all, they're keeping us afloat today and working towards a sustainable tomorrow, all whilst keeping Captain Jack on board.

Edited March 9, 2019 by Darth Villa
typo

[VillaChris]

On 07/03/2019 at 08:08, Shropshire Lad said:

The thing for me is even if a manager isn’t part of the negotiations they must have at least an idea of the numbers that are going to be involved when buying a player.

As an extreme example (and I’m using this as it was probably our most high profile signing) Steve Bruce must have realised that in order to sign John Terry, we would have to pay an extremely high championship wage for him. WE as fans knew that would likely be the case, we knew he wouldn’t come cheap. I don’t see how people can say “oh well wages, it’s not the manager’s responsibility”. When he identified JT as a player he wanted, how much did he expect we would have to pay JT to sign for us? 

I can’t believe the thought didn’t enter his head.

Snodgrass aswell, did well for us but he wouldn't have come cheap given West Ham signed him for 12m.

According to Brucie these signings are all "waifs and strays" !!

[Farlz]

Big thread on twitter from Swiss Ramble which discusses everything 

[Vive_La_Villa]

17 minutes ago, Farlz said:

Big thread on twitter from Swiss Ramble which discusses everything 

Imagine if we made playoffs but then got a points reduction. 

[terrytini]

Have to hope Purslows categoric reassurance was based in fact.

Given they must know the concern of fans, if they have a perfectly sound case for satisfying FFP I wonder why they can’t share at least the broad idea ?

[Vive_La_Villa]

53 minutes ago, terrytini said:

Have to hope Purslows categoric reassurance was based in fact.

Given they must know the concern of fans, if they have a perfectly sound case for satisfying FFP I wonder why they can’t share at least the broad idea ?

Maybe they can’t share because it’s a classic case of who you know rather than what you know.

[blandy]

1 hour ago, Farlz said:

Big thread on twitter from Swiss Ramble which discusses everything 

The point SR makes 

Quote

Based on my projection, #AVFC will fail FFP by around £25m in 2018/19.

Is exactly the same thing I'm worried about as per the FFP thread and earlier in this thread. Unless we either sell big, find a ton of money from somewhere sharpish the sums don't add up to anything other than massively failing FFP, as far as I can tell.

[romavillan]

1 hour ago, blandy said:

The point SR makes 

Is exactly the same thing I'm worried about as per the FFP thread and earlier in this thread. Unless we either sell big, find a ton of money from somewhere sharpish the sums don't add up to anything other than massively failing FFP, as far as I can tell.

So Purslow is either full of the smelly stuff or has a £25m trick up his sleeve?

[romavillan]

2 hours ago, terrytini said:

Have to hope Purslows categoric reassurance was based in fact.

Given they must know the concern of fans, if they have a perfectly sound case for satisfying FFP I wonder why they can’t share at least the broad idea ?

Exactly, sorry I just replied to Blandy's post without reading above...

[The Fun Factory]

20 minutes ago, romavillan said:

So Purslow is either full of the smelly stuff or has a £25m trick up his sleeve?

Welcome to (insert naming rights) Villa Park for the 2019/2020 season.

[Vive_La_Villa]

1 hour ago, romavillan said:

So Purslow is either full of the smelly stuff or has a £25m trick up his sleeve?

If he is doing a Wyness on us then I give up.  

[BleedClaretAndBlue]

I really hope that the EFL sat down with our new owners and Purslow, saw the catastrophic mess we were in, and heard out the plan the club came up with to rectify things.

We all knew there was no way we were in line with the remits set out by FFP but given we were on the brink of administration and haemorrhaging £5m a month, we were given some leeway in finding a solution to at least make inroads into the debt and inbalance in profit and sustainability.

The Kalinic/Guilbert signings is what throws me a bit in regard to this theory because it wasnt exactly needed and we did it anyway, a club with accounts like ours should not have been seen to be spending between €7-12m on a position that was already covered by enough personnel (however crap they might be). Either we are hoping a QPR type fine is incoming with possible embargo (which makes sense as to why we continued making signings) or we are most certainly throwing all eggs into going up this season despite and its another big gamble. I actually trust this new regime though even though we've been burned badly before.

[sne]

1 hour ago, The Fun Factory said:

Welcome to (insert naming rights) Villa Park for the 2019/2020 season.

I like it!