Nigel Posted November 19, 2021 VT Supporter Share Posted November 19, 2021 11 hours ago, ciggiesnbeer said: The damage FFP has done to football is already sickening and yet it continues. What a cancer on the game FFP is. Derby and Reading the latest victims this week. My heart goes out to the clubs and fans. I am glad Purslow and the board are committed to using any dodge or loophole to getting around FFP,. They treat it with the contempt it deserves. Thats what successful clubs have to do. Let's be fair derby's problems are not ffp but rather the massive overspending that ffp have highlighted. They owe 50 million and have a wage bill 160% of their earnings. You could argue that without the ffp threat that figure could be higher. They were a car crash of their own making 4 Link to comment Share on other sites More sharing options...
blandy Posted November 19, 2021 Moderator Share Posted November 19, 2021 35 minutes ago, Nigel said: Let's be fair derby's problems are not ffp but rather the massive overspending that ffp have highlighted. They owe 50 million and have a wage bill 160% of their earnings. You could argue that without the ffp threat that figure could be higher. They were a car crash of their own making Absolutely this. It's like blaming someone who crashes a car at 120 miles an hour and ends up in intensive care on the speed limit. The speed limit/FFP is there to say "don't do this bad thing" but the driver/Derby ignored the rules and did the bad thing and are in a financial utter mess as a result. When the idiot gets out of intensive care they'll get a penalty for speeding and dangerous driving. FFP is similar. 2 1 Link to comment Share on other sites More sharing options...
The Fun Factory Posted November 19, 2021 Share Posted November 19, 2021 Mel Morris might have struck gold with Candy Crush but his actions with Derby suggest he is hardly a business whizz. He is a Derby fan so I expect a lot of his actions where heart over head. Link to comment Share on other sites More sharing options...
MrBlack Posted December 14, 2021 Share Posted December 14, 2021 The latest Swiss ramble Post about finances over the last 10 years paint us in a pretty bad light. 9th overall for salaries paid in those 10 years (don't know how much of that relates to the overpaying of wages we did the seasons just before we came down?). That's 9th of everyone, and in not one of those seasons have we finished in the top 10... last season's 11th being our highest. And for 3 of them we were in the championship. Also sitting at 88% salary to turnover rate for the last 10 years. Among the worst in the PL, only Brentford (156%?!) are higher. We have not been getting value for money for a long time. Wonder how we compare for this season (and last) and whether it looks rosier at the moment. Link to comment Share on other sites More sharing options...
Tubby Posted December 14, 2021 Share Posted December 14, 2021 (edited) 9 minutes ago, MrBlack said: The latest Swiss ramble Post about finances over the last 10 years paint us in a pretty bad light. 9th overall for salaries paid in those 10 years (don't know how much of that relates to the overpaying of wages we did the seasons just before we came down?). That's 9th of everyone, and in not one of those seasons have we finished in the top 10... last season's 11th being our highest. And for 3 of them we were in the championship. Also sitting at 88% salary to turnover rate for the last 10 years. Among the worst in the PL, only Brentford (156%?!) are higher. We have not been getting value for money for a long time. Wonder how we compare for this season (and last) and whether it looks rosier at the moment. https://twitter.com/SwissRamble/status/1470649243354472449 Here's the link for anyone that wants to read it. It also points out how much our owners have contributed. However, it all lacks a lot of circumstance and detail, which would truly help a reader to understand what has gone on and what is going on now. Edited December 14, 2021 by Tubby Link fixed 2 Link to comment Share on other sites More sharing options...
Phil Silvers Posted December 14, 2021 Share Posted December 14, 2021 32 minutes ago, Tubby said: https://twitter.com/SwissRamble/status/1470649243354472449 Here's the link for anyone that wants to read it. It also points out how much our owners have contributed. However, it all lacks a lot of circumstance and detail, which would truly help a reader to understand what has gone on and what is going on now. They do own something that is now worth considerably more than their original £60 investment though, is there any way to find out a clubs current worth. Link to comment Share on other sites More sharing options...
Czarnikjak Posted December 14, 2021 Share Posted December 14, 2021 Just now, Phil Silvers said: They do own something that is now worth considerably more than their original £60 investment though, is there any way to find out a clubs current worth. Club is only worth as much as someone is willing to pay for it. There is no golden formula. 2 Link to comment Share on other sites More sharing options...
Phil Silvers Posted December 14, 2021 Share Posted December 14, 2021 7 minutes ago, Czarnikjak said: Club is only worth as much as someone is willing to pay for it. There is no golden formula. That's true. Link to comment Share on other sites More sharing options...
Made In Aston Posted December 14, 2021 Share Posted December 14, 2021 17 minutes ago, Phil Silvers said: They do own something that is now worth considerably more than their original £60 investment though, is there any way to find out a clubs current worth. Newcastle sold for 306m and there was talk of West ham going for 350m. Considering our size and assets you would have to be looking at between 350m and 400m. 1 Link to comment Share on other sites More sharing options...
Phil Silvers Posted December 14, 2021 Share Posted December 14, 2021 4 minutes ago, Made In Aston said: Newcastle sold for 306m and there was talk of West ham going for 350m. Considering our size and assets you would have to be looking at between 350m and 400m. Agree.,... and double that in 3 years time 1 Link to comment Share on other sites More sharing options...
The Fun Factory Posted December 14, 2021 Share Posted December 14, 2021 I doubt Villa have made a single year of profit since Ellis sold up in 2006. And we still haven't achieved anything better since. Link to comment Share on other sites More sharing options...
lexicon Posted December 14, 2021 Share Posted December 14, 2021 24 minutes ago, The Fun Factory said: I doubt Villa have made a single year of profit since Ellis sold up in 2006. And we still haven't achieved anything better since. Well that's not strictly true, we'd finished 16th under Deadly and were only going one way - we then had some seasons in Europe and a cup final before things went south again. NSWE are playing the long game, though. The early investment was pivotal to our development as a side and the youth investment could save us tens of millions going forward. There are a ton of reasons to be optimistic. 1 Link to comment Share on other sites More sharing options...
villa4europe Posted December 14, 2021 Share Posted December 14, 2021 im sure in the deloitte "state of football" document that proceeded FFP we were one of the very very few clubs who were painted in a positive light we shot ourselves in the foot massively at the worst time to do so 1 Link to comment Share on other sites More sharing options...
pas5898 Posted December 14, 2021 Share Posted December 14, 2021 39 minutes ago, Phil Silvers said: They do own something that is now worth considerably more than their original £60 investment though, is there any way to find out a clubs current worth. If NSWE "did a Lerner" they'd make a profit. Explains why they are actual elite businessmen and didn't inherit a fortune. Club Value probably 250-300mill. Watkins, Mcginn, Mings, Konsa, Cash could easily raise 200million. Add in the youngsters coming through (Ramsey has saved us 30million). From an FFP perspective we are in a much better position than Everton for example who have capped out and have many players with limited resale value. Pretty much every player in our squad except Young would get north of 20 million, with quite a few 40million+ . 2 Link to comment Share on other sites More sharing options...
Phil Silvers Posted December 14, 2021 Share Posted December 14, 2021 4 minutes ago, pas5898 said: If NSWE "did a Lerner" they'd make a profit. Explains why they are actual elite businessmen and didn't inherit a fortune. Club Value probably 250-300mill. Watkins, Mcginn, Mings, Konsa, Cash could easily raise 200million. Add in the youngsters coming through (Ramsey has saved us 30million). From an FFP perspective we are in a much better position than Everton for example who have capped out and have many players with limited resale value. Pretty much every player in our squad except Young would get north of 20 million, with quite a few 40million+ . And all this in 3 years, imagine where we would if we hadn't given everyone else a 10yr head start 1 1 Link to comment Share on other sites More sharing options...
The Fun Factory Posted December 14, 2021 Share Posted December 14, 2021 38 minutes ago, lexicon said: Well that's not strictly true, we'd finished 16th under Deadly and were only going one way - we then had some seasons in Europe and a cup final before things went south again. NSWE are playing the long game, though. The early investment was pivotal to our development as a side and the youth investment could save us tens of millions going forward. There are a ton of reasons to be optimistic. That's the plan. I just hope it happens. We need to find ways to increase revenue to match our spending- and I expect the answer to that is more sponsorship, more merchandise, more corporate, better branding, and a improved Villa Park. 3 Link to comment Share on other sites More sharing options...
Czarnikjak Posted December 14, 2021 Share Posted December 14, 2021 8 minutes ago, pas5898 said: If NSWE "did a Lerner" they'd make a profit. Explains why they are actual elite businessmen and didn't inherit a fortune. Not quite true... NS was born into richest family in Egypt it doesn't mean he is a bad business man though... 2 1 Link to comment Share on other sites More sharing options...
JAMAICAN-VILLAN Posted December 14, 2021 Share Posted December 14, 2021 1 hour ago, Phil Silvers said: And all this in 3 years, imagine where we would if we hadn't given everyone else a 10yr head start It's bloody frustrating to think about mate. 1 Link to comment Share on other sites More sharing options...
sne Posted December 19, 2021 Share Posted December 19, 2021 (edited) Speaking of those 10 years. Edited December 19, 2021 by sne Link to comment Share on other sites More sharing options...
sne Posted December 19, 2021 Share Posted December 19, 2021 Link to comment Share on other sites More sharing options...
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