Villarocker Posted February 29, 2012 Share Posted February 29, 2012 If MON took a 1m pay off, and McLeish isn't included in the figures, who the **** took 12 mill out of us? Is Randy taking a leaf out of Deadly's book and paying himself? And a Banker's wage at that! did you miss the bit where he put in £25m? Ha, that part was tongue in cheek, but I guess it didn't come across that way! Link to comment Share on other sites More sharing options...
CI Posted February 29, 2012 Share Posted February 29, 2012 Darkest days in the clubs history How has this happened Link to comment Share on other sites More sharing options...
ender4 Posted February 29, 2012 Share Posted February 29, 2012 Aston Villa profit/loss since RL took over: 06/07 - £xx loss 07/08 - £31m loss 08/09 - £44m loss 09/10 - £38m loss 10/11 - £54m loss We had to gamble to try and break into the Champions League, pity we were so close but didn't quite manage it :cry: Link to comment Share on other sites More sharing options...
Richard Posted February 29, 2012 Share Posted February 29, 2012 Interesting thing about the 12M management payouts must have been based on salaries, that is some huge salaries there. Wonder who negotiated them? Link to comment Share on other sites More sharing options...
villa_shere Posted February 29, 2012 Share Posted February 29, 2012 Darkest days in the clubs history How has this happened :shock: Link to comment Share on other sites More sharing options...
ender4 Posted February 29, 2012 Share Posted February 29, 2012 anyone got a full copy of the accounts yet? The main 2 numbers in the accounts that show sustainability going forward will be revenue and wages. We need to see revenue increasing and wages decreasing, whilst ignoring the one-off items. Link to comment Share on other sites More sharing options...
ender4 Posted February 29, 2012 Share Posted February 29, 2012 Revenue is still increasing year on year: 04/05 - £52m 05/06 - £49m 06/07 - £52m 07/08 - £76m 08/09 - £84m 09/10 - £90m 10/11 - £92m but against the rest of the league (2010/11): Man Utd - £331m Arsenal - £256m Chelsea - £215m* Liverpool - £190m* Spurs - £164m Man City - £153m ASTON VILLA - £92m Everton - £82m Newcastle - £80m* Fulham - £79m* Sunderland - £70m Bolton - £68m Stoke - £60m* *estimated Link to comment Share on other sites More sharing options...
BG_Villa_Fan Posted February 29, 2012 Share Posted February 29, 2012 Interesting thing about the 12M management payouts must have been based on salaries, that is some huge salaries there. Wonder who negotiated them? Must have been MON! Surely! No? Link to comment Share on other sites More sharing options...
Richard Posted February 29, 2012 Share Posted February 29, 2012 You would think so wouldn't you Big Villa Fan, he had total control! Link to comment Share on other sites More sharing options...
Demitri_C Posted February 29, 2012 Share Posted February 29, 2012 but mon wason a rolling contract with us, barring his back room staff the payoff should not have been that bad? i suspect a large chunk of that went on houllier knowing the figures i cant believe they stupidly folked out more money on a the unpopular mcleish :? Link to comment Share on other sites More sharing options...
Richard Posted February 29, 2012 Share Posted February 29, 2012 12m on manager changed, looks like Mon did get a psyout to leave afterall despite walking out The club and MO'N agreed, according to an accountant I know, £1 million as a settlement, mutually negotiated. MO'N and the club came to whatever agreement AFTER May - just before he took over at Sunderland. So logically whatever amount was agreed on, would not be in those figures. Might they not have made a provision in these accounts for some sort of payment to O'Neill?Yes, especially if they knew just after the year end that they'd got a stiffing in the tribunal. The case might have been settled after the year end, but essentially the liability arose when O'Neill's contract ended, so they'd have had to report it in the correct period.Yes the clud does not operate cash accounting. Link to comment Share on other sites More sharing options...
Richard Posted February 29, 2012 Share Posted February 29, 2012 So in a nutshell, our liabilities are now more than our assets and we've spent a fortune with absolutely nothing to show for it? What's killing me is that our 'bright future' is very much on pause until we can sort this mess out.Sorry but it is not on pause. It has completely gone. Link to comment Share on other sites More sharing options...
DeepDish Posted February 29, 2012 Share Posted February 29, 2012 Why did we increas the numbers of emplyees with 162? And the Mail reports that The club spent £32.4 million on player transactions across the year, but recouped £18.8 million. So we did not get the full payment for Milner, but at the same time payed the full payment for Bent? Link to comment Share on other sites More sharing options...
Mazrim Posted February 29, 2012 Share Posted February 29, 2012 Bent £18m, Ireland £8m, Makoun £5m plus loan fees for Walker and Bradley = £32.4m. Link to comment Share on other sites More sharing options...
CI Posted February 29, 2012 Share Posted February 29, 2012 Don't forget Pires and his driver Link to comment Share on other sites More sharing options...
DeepDish Posted February 29, 2012 Share Posted February 29, 2012 Bent £18m, Ireland £8m, Makoun £5m plus loan fees for Walker and Bradley = £32.4m. Yeah, that was easy to understand. It is the Milner money I don't understand. Just 18 mill????? Link to comment Share on other sites More sharing options...
Villastine Posted February 29, 2012 Share Posted February 29, 2012 Bent £18m, Ireland £8m, Makoun £5m plus loan fees for Walker and Bradley = £32.4m. Yeah, that was easy to understand. It is the Milner money I don't understand. Just 18 mill????? its quiet simple £18m + £8m (Ireland) = £26m Link to comment Share on other sites More sharing options...
DeepDish Posted February 29, 2012 Share Posted February 29, 2012 Bent £18m, Ireland £8m, Makoun £5m plus loan fees for Walker and Bradley = £32.4m. Yeah, that was easy to understand. It is the Milner money I don't understand. Just 18 mill????? its quiet simple £18m + £8m (Ireland) = £26m But then you should deduct the Ireland money from the spent money. You can't list the Ireland money as spending and at the same time withdraw the Ireland money from amount fetched. Link to comment Share on other sites More sharing options...
DeepDish Posted February 29, 2012 Share Posted February 29, 2012 According to the accounts: The club spent £32.4 million on player transactions: Bent £18m, Ireland £8m, Makoun £5m plus some more on loan fees The club sold players for 18.8 mill. Milner 26 mill Curtis Davies ? They have probably deferred part of the Milner sale to later accounts. Link to comment Share on other sites More sharing options...
Voinjama Posted February 29, 2012 Share Posted February 29, 2012 Darkest days in the clubs history How has this happened I happen to agree with the majority of the posts you make on here, but you are the most negative poster on this forum. Things are not as bad on the pitch or financially as you think. Link to comment Share on other sites More sharing options...
Recommended Posts