limpid Posted July 9, 2019 Administrator Share Posted July 9, 2019 5 minutes ago, Mazrim said: So, another 40 odd million injected today through a shares issue. Source? Link to comment Share on other sites More sharing options...
Mazrim Posted July 9, 2019 Share Posted July 9, 2019 1 minute ago, sidcow said: To pay off Xia? Nah to splash on more ludicrous deals. Link to comment Share on other sites More sharing options...
Mazrim Posted July 9, 2019 Share Posted July 9, 2019 1 minute ago, limpid said: Source? Birmingham Live Link to comment Share on other sites More sharing options...
terrytini Posted July 9, 2019 Share Posted July 9, 2019 http://www.birminghammail.co.uk/sport/football/football-news/revealed-aston-villa-receive-huge-16555021 Quote “A filing on Companies House today shows that 41,666,667 shares have been allotted by the club’s parent company, Recon Group UK, at £1 each.” “Only 72% of the value of the shares has been paid at the time of issue, with a value of just over £30million.” 3 Link to comment Share on other sites More sharing options...
Popular Post Mazrim Posted July 9, 2019 Popular Post Share Posted July 9, 2019 No like for me? I gave you the scoop! Feeling the love... 4 2 Link to comment Share on other sites More sharing options...
alreadyexists Posted July 9, 2019 VT Supporter Share Posted July 9, 2019 10 minutes ago, Mazrim said: No like for me? I gave you the scoop! Feeling the love... #Mazrim’sNewsDesk 2 Link to comment Share on other sites More sharing options...
Vive_La_Villa Posted July 9, 2019 Share Posted July 9, 2019 Are these injections of funds classed as loans in terms of FFP ? Link to comment Share on other sites More sharing options...
limpid Posted July 9, 2019 Administrator Share Posted July 9, 2019 2 hours ago, Mazrim said: No like for me? I gave you the scoop! Feeling the love... Include a link (and quote an extract) and you get a like, otherwise it's someone just saying stuff. Link to comment Share on other sites More sharing options...
Mazrim Posted July 9, 2019 Share Posted July 9, 2019 4 minutes ago, limpid said: Include a link (and quote an extract) and you get a like, otherwise it's someone just saying stuff. I was driving. Had to text at traffic lights. So I went the extra mile. But fair enough. 2 Link to comment Share on other sites More sharing options...
Mazrim Posted July 9, 2019 Share Posted July 9, 2019 2 hours ago, Vive_La_Villa said: Are these injections of funds classed as loans in terms of FFP ? No I wouldnt see why that would be the case Link to comment Share on other sites More sharing options...
mjmooney Posted July 9, 2019 VT Supporter Share Posted July 9, 2019 1 minute ago, Mazrim said: I was driving. Had to text at traffic lights. Illegal. 1 1 1 Link to comment Share on other sites More sharing options...
Vive_La_Villa Posted July 9, 2019 Share Posted July 9, 2019 1 minute ago, Mazrim said: No I wouldnt see why that would be the case Is it classed as owner investment then? A certain amount is allowed isn’t it? I don’t really understand how it works. Link to comment Share on other sites More sharing options...
useless Posted July 9, 2019 Share Posted July 9, 2019 (edited) As well as the cash injection mentioned above into 'RECON GROUP UK LIMITED' ... There's also been another cash injection of about £30m into 'ASTON VILLA FOOTBALL CLUB LTD'. Edited July 9, 2019 by useless 2 Link to comment Share on other sites More sharing options...
terrytini Posted July 9, 2019 Share Posted July 9, 2019 3 hours ago, Mazrim said: No like for me? I gave you the scoop! Feeling the love... You can have a bit of my Like, if you Like.. 1 Link to comment Share on other sites More sharing options...
Mazrim Posted July 9, 2019 Share Posted July 9, 2019 1 hour ago, mjmooney said: Illegal. I know. I'm a naughty boy. Link to comment Share on other sites More sharing options...
terrytini Posted July 9, 2019 Share Posted July 9, 2019 1 hour ago, Vive_La_Villa said: Is it classed as owner investment then? A certain amount is allowed isn’t it? I don’t really understand how it works. I don’t know a lot about FFP Rules but..... ...They can provide funds as equity or they can loan. There are limits to what they can “ give”... ...although there are also different allowances where the spending is on other areas of the Club ... ... whatever they do doesn’t mean a great deal in isolation, it’s the 3 year rolling period that matters. .. In this case they have injected their own Capital.....but there are so many accounting things they could do I wouldn’t say it’s certain that it must remain so. 1 Link to comment Share on other sites More sharing options...
terrytini Posted July 9, 2019 Share Posted July 9, 2019 1 hour ago, useless said: As well as the cash injection mentioned above into 'RECON GROUP UK LIMITED' ... There's also been another cash injection of about £30m into 'ASTON VILLA FOOTBALL CLUB LTD'. Not quite..the Recon Allotment was 41666667 shares of which 0.72 have been taken up at present. 0.72 of 41666667 is 30000000. So “Villa” ( (Aston Villa Football Club) have THAT £30,000,000 ( that’s the cash injection) and the remainder is there for them to call on if they wish. So there is only one lot of £41,666,667, at present split between the two entities you referred to. Hope that makes sense ! 1 1 1 Link to comment Share on other sites More sharing options...
useless Posted July 9, 2019 Share Posted July 9, 2019 It did cross my mind that that's what might be happening but wasn't sure. Link to comment Share on other sites More sharing options...
swollef Posted July 9, 2019 Share Posted July 9, 2019 1 hour ago, terrytini said: Not quite..the Recon Allotment was 41666667 shares of which 0.72 have been taken up at present. 0.72 of 41666667 is 30000000. So “Villa” ( (Aston Villa Football Club) have THAT £30,000,000 ( that’s the cash injection) and the remainder is there for them to call on if they wish. So there is only one lot of £41,666,667, at present split between the two entities you referred to. Hope that makes sense ! Total sense, i came to the same conclusion 2 Link to comment Share on other sites More sharing options...
Mazrim Posted July 9, 2019 Share Posted July 9, 2019 1 minute ago, swollef said: Total sense, i came to the same conclusion I actually understand that image. Docking, with a pearl necklace. 4 Link to comment Share on other sites More sharing options...
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