Hev Posted March 8, 2013 Share Posted March 8, 2013 I heard this on Talksport too. The Professor was a specialist in football finances apparently. It seemed desperate from listening to him. They were saying that it looked worse for us than QPR (if we went down) becuase at least they have very very very rich owners. They said that it will be almost an armageddon situation for whichever club went down! It made me feel like the days when Shinawatra was at Man C and everyone on here was saying that Man C were done for - well that's how it seems for us and you can bet there's no rich Sheikh coming to bail us out. Link to comment Share on other sites More sharing options...
Big_John_10 Posted March 8, 2013 Share Posted March 8, 2013 Great so our wages to income ratio is still a problem. Nice work Lerner. Same financial problem only this time we're not challenging 4th and going to wembley. Link to comment Share on other sites More sharing options...
ender4 Posted March 8, 2013 Share Posted March 8, 2013 Here's the numbers for the past 5 years: Revenue £m: 07/08 - 76 (6th, Acorns) 08/09 - 84 (6th, Acorns) 09/10 - 90 (6th, Acorns, Wembley x2) 10/11 - 92 (9th, FxPro) 11/12 - 80 (16th, Genting) Wages £m: 07/08 - 50 (MON) 08/09 - 50 (MON) 09/10 - 80 (MON) 10/11 - 83 (GH) 11/12 - 70 (AMC) Wages % of Turnover: 07/08 - 66% 08/09 - 60% 09/10 - 89% 10/11 - 90% 11/12 - 87% i think the main thing here is that wages are coming down, but our revenue is falling faster than wages. I believe that Lerner is trying to get to 60% wages % of Turnover Link to comment Share on other sites More sharing options...
sharkyvilla Posted March 8, 2013 Share Posted March 8, 2013 (edited) How the **** can the wages go up £30m in one year? That must be the season that absolutely screwed us over, and no wonder O'Neill and Lerner parted ways on such bad terms. Edit: how would those figures stack up next season assuming we stay up? Dunne, Ireland, Given and Bent probably all gone from the wage bill and the increase in TV money, surely we'll be back in the 60% bracket? Edited March 8, 2013 by sharkyvilla Link to comment Share on other sites More sharing options...
MagicMushroom Posted March 8, 2013 Share Posted March 8, 2013 Here's the numbers for the past 5 years: Revenue £m: 07/08 - 76 (6th, Acorns) 08/09 - 84 (6th, Acorns) 09/10 - 90 (6th, Acorns, Wembley x2) 10/11 - 92 (9th, FxPro) 11/12 - 80 (16th, Genting) Wages £m: 07/08 - 50 (MON) 08/09 - 50 (MON) 09/10 - 80 (MON) 10/11 - 83 (GH) 11/12 - 70 (AMC) Wages % of Turnover: 07/08 - 66% 08/09 - 60% 09/10 - 89% 10/11 - 90% 11/12 - 87% i think the main thing here is that wages are coming down, but our revenue is falling faster than wages. I believe that Lerner is trying to get to 60% wages % of Turnover What league will we be in when he achieves it? Also, i think its becoming obvious that all this is a smokescreen for getting the debt down and selling. Is it true that since he is the sole owner, he does not have to list the club as being for sale? Link to comment Share on other sites More sharing options...
briny_ear Posted March 8, 2013 Share Posted March 8, 2013 How the **** can the wages go up £30m in one year? Because the owner authorised it. Only one way it could have happened. Link to comment Share on other sites More sharing options...
AvfcTheObsession Posted March 8, 2013 Share Posted March 8, 2013 Here's the numbers for the past 5 years:Revenue £m: 07/08 - 76 (6th, Acorns) 08/09 - 84 (6th, Acorns) 09/10 - 90 (6th, Acorns, Wembley x2) 10/11 - 92 (9th, FxPro) 11/12 - 80 (16th, Genting) Wages £m: 07/08 - 50 (MON) 08/09 - 50 (MON) 09/10 - 80 (MON) 10/11 - 83 (GH) 11/12 - 70 (AMC)Wages % of Turnover: 07/08 - 66% 08/09 - 60% 09/10 - 89% 10/11 - 90% 11/12 - 87% i think the main thing here is that wages are coming down, but our revenue is falling faster than wages. Our average revenue during the three 6th placed finishes under MON was 83.3 million. Our revenue last season of 80 million is very similar. However, wages in the first two seasons under MON according to the above stats were far lower than last season. That doesn't quite add up for me. Link to comment Share on other sites More sharing options...
P3te Posted March 8, 2013 Share Posted March 8, 2013 our wages in 08/09 were WAY higher than that iirc Link to comment Share on other sites More sharing options...
AshVilla Posted March 8, 2013 Share Posted March 8, 2013 Where do these financial figures point out the price we have to pay for his fail managerial appointments But all is forgiven at least he's waived the interest... What a nice guy... Link to comment Share on other sites More sharing options...
MagicMushroom Posted March 8, 2013 Share Posted March 8, 2013 Where do these financial figures point out the price we have to pay for his fail managerial appointments But all is forgiven at least he's waived the interest... What a nice guy... Hes a ..............wait a minute! Link to comment Share on other sites More sharing options...
Morpheus Posted March 8, 2013 Share Posted March 8, 2013 I have read through this thread and thus far it has included some fantastic posts. Just wondering if the present board was dumped and replaced by members of VT would there be an improvement in our finances? Link to comment Share on other sites More sharing options...
MagicMushroom Posted March 8, 2013 Share Posted March 8, 2013 I have read through this thread and thus far it has included some fantastic posts. Just wondering if the present board was dumped and replaced by members of VT would there be an improvement in our finances? VT should launch a buy out. To start it off, im willing to donate all i have, namely £5.50, a sticky sweet with a pube and some pocket fluff stuck to it, and pile of clipped nasal hair. Sod it, i will even throw in my 2 week holiday to Pyongyang from the 11th of March..... Link to comment Share on other sites More sharing options...
Pelle Posted March 9, 2013 Share Posted March 9, 2013 How the **** can the wages go up £30m in one year? Because the owner authorised it. Only one way it could have happened. What if Lerner didn't want to authorize it but MON gave him an ultimatum? Give me what I want or I quit? And if Lerner had taken the option to let him go, what do you think would be the reaction of the fans? Link to comment Share on other sites More sharing options...
briny_ear Posted March 9, 2013 Share Posted March 9, 2013 How the **** can the wages go up £30m in one year? Because the owner authorised it. Only one way it could have happened. What if Lerner didn't want to authorize it but MON gave him an ultimatum? Give me what I want or I quit? And if Lerner had taken the option to let him go, what do you think would be the reaction of the fans? If Lerner gave into blackmail like that then he is not fit to be running the club. I'm sort of getting tired of having this discussion. If the best the defenders of Lerner can do is claim he was bullied into spending money he didn't have, then he emerges as a pathetically weak character whom we would do well to see the back of asap. Link to comment Share on other sites More sharing options...
Big_John_10 Posted March 9, 2013 Share Posted March 9, 2013 If the best the defenders of Lerner can do is claim he was bullied into spending money he didn't have, then he emerges as a pathetically weak character whom we would do well to see the back of asap. So true. Link to comment Share on other sites More sharing options...
Pelle Posted March 9, 2013 Share Posted March 9, 2013 But what if he'd fired him? Answer that question instead. What would the reactions from the fans have been? Rage? Most likely. It's not as black ro white as you seem to think. BJ10 for example, has put it clear several times that letting MON go was something he didn't like. I mean, after all MON did quit most likely because of the cut backs in spending. Probably a year too late, so he didn't cave in for too long, did he? And now we are where we are, but still MON has nothing to do with it, despite our wages going up £30m in his last season. Wages spent on players like Habib Beye, IIRC. Maybe that's when Lerner thought enough's enough? Big wages on players that almost never played and we didn't get closer to the CL and he decided to cut the costs and use another strategy. A strategy that I guess MON wasn't on board with, so jumped the ship. But no, no faults lie on MON's shoulders. Link to comment Share on other sites More sharing options...
The_Steve Posted March 9, 2013 Share Posted March 9, 2013 (edited) Stuart James@StuartJamesGNM Villa brought wage bill down to £70m, from £83m. But here's a sobering thought for Villa fans: Swansea's is £35m. looks like Villa have spent the best part of £17m, in the previous two years, hiring and firing managers & their staff. The £16.9m total would not include compensation paid to Norwich for Lambert, which was agreed in December. Re other events after balance sheet date, it says Villa's transfer income is £2.5m (£35.4m 2011) and transfer costs £21.7m (£17.8m 2011). Villa's latest figures helped by a big profit (£27m) on player trading. Yet there could be a £45m swing in that area next time around. Villa brought wage bill down to £70m, from £83m. But here's a sobering thought for Villa fans: Swansea's is £35m. Re Villa's £5.5m exceptional staff costs, doesn't specify whether this may include McLeish's settlement as well as compensation paid to BCFC Swansea have half our wage bill. It seems they pay a low wage rate but offer high bonuses. How sobering. Edited March 9, 2013 by The_Steve Link to comment Share on other sites More sharing options...
MagicMushroom Posted March 9, 2013 Share Posted March 9, 2013 (edited) Swansea have only just came up and are establishing themselves. Im fairly confident in predicting thier wage bill is a liitle higher now, and will continue to rise accordenly to a set cielling. Edited March 9, 2013 by MagicMushroom Link to comment Share on other sites More sharing options...
Pelle Posted March 9, 2013 Share Posted March 9, 2013 True, but I agree that they've taken the right way. There's a difference in shock raising the wages and raise them slowly accordingly to success. Link to comment Share on other sites More sharing options...
MagicMushroom Posted March 9, 2013 Share Posted March 9, 2013 True, but I agree that they've taken the right way. There's a difference in shock raising the wages and raise them slowly accordingly to success. Agreed. I think thier past experience with financial troubles will keep them on top of things. Growth goes hand in hand with sucess on the field, and they will have a set figure in their head where they know it will be risky to cross. Link to comment Share on other sites More sharing options...
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