sharkyvilla Posted March 4 Share Posted March 4 Just now, Lord Willard said: If all clubs are under pressure, maybe more sensible transfer fees and player salaries would help everyone out? It does seem there is a smaller and smaller pool of clubs that could spend the kind of money it would take to buy Doug or Emi. Well, more have owners wealthy enough, just the rules are starting to bite and will stop them, which is the daft thing. Selling the naming rights to Villa Park does seem like an attractive money grab right now. You'd think we could get some profit for Cash, maybe Digne, get rid of Coutinho's wage, sell a few more young lads, the Adidas deal, hopefully Champions League income. I'm not sure what all that would add up to. 1 Link to comment Share on other sites More sharing options...
MotoMkali Posted March 4 Share Posted March 4 I just don't understand how our wage bill increased by 57 million in the span of 1 year? Like I get we signed Kamara, Digne, Coutinho and we probably had to pay some European bonuses. By 57 million? That's crazy. Link to comment Share on other sites More sharing options...
Jenko#4 Posted March 4 Share Posted March 4 2 minutes ago, MotoMkali said: I just don't understand how our wage bill increased by 57 million in the span of 1 year? Like I get we signed Kamara, Digne, Coutinho and we probably had to pay some European bonuses. By 57 million? That's crazy. There were new deals for Luiz and Martinez as well, plus Gerrard and his motley crew of backroom morons were probably on significantly more than Dean Smith and his team. Link to comment Share on other sites More sharing options...
allani Posted March 4 Share Posted March 4 1 hour ago, MachoFantastico said: Considering that both owners run successful businesses, it baffles me as to how they can run a club at such a loss. Sadly we'll likely see one or two big exits in the summer, I suspect Luiz will be a certain exit. The value of the club has risen from £40m to around £500m (based on the Atairos deal). They've made a huge paper profit on their investment and the club's assets more than cover any accounting losses. I think that if anything the statement supports previous claims that we will not have to sell any major players this summer to meet our FFP commitments. If sales happen it will be to fund incoming transfers. 2 Link to comment Share on other sites More sharing options...
Kiwivillan Posted March 4 Share Posted March 4 26 minutes ago, omariqy said: Looking forward to playing at Adidas Villa Park next season. All Day I Dream About Stadium 2 Link to comment Share on other sites More sharing options...
allani Posted March 4 Share Posted March 4 1 hour ago, randy_69 said: It does look as though they are confident we haven’t breached up to end of 2022/23. What we don’t know about is the current year for the next set of calculations. So if we basically broke even in 2021/22, and we have allowed losses of 90m plus on 2022/23, then that means we can’t have any more than around 15 million allowable losses this year (2023/24). Whether we need to sell quickly in June (with the extended accountancy period) to make that figure is the question? But as a previous poster mentioned, would we really have signed Rogers in January if this was a possibility??? The club have already said that the accounting period is to bring the accounting year in line with existing contracts. I suspect that means that Adidas will now fall into this year's accounts and will be a considerable increase on the revenue from Castore. Link to comment Share on other sites More sharing options...
Popular Post Leeroy Posted March 4 Popular Post Share Posted March 4 Once again a depressing set of accounts. We must be one of the worst run clubs financially, we constantly seem to post losses regardless of our success on the pitch. I'll be fuming if we have to sell any key players this summer, particularly if we don't replace them. If we make Champions League we need a stronger squad not a weaker one. 6 Link to comment Share on other sites More sharing options...
Villa_Vids Posted March 4 Share Posted March 4 30 minutes ago, omariqy said: Looking forward to playing at Adidas Villa Park next season. Coca Cola Villa Park. 1 Link to comment Share on other sites More sharing options...
mikeyjavfc Posted March 4 VT Supporter Share Posted March 4 If we’re are operating right on the limit of FFP then I think that is a good thing really. How else can we realistically compete with the big six clubs but to max out our allowable investment allowance, which is still much less than theirs in real terms. Can’t lose sight of the fact that we have still spent less than the other top clubs, the only difference is we have funded it more so by ‘losses’ (aka owner investment) whereas they have funded it more via official noodle partnerships etc. Is one more noble than the other assuming we are both within FFP? And considering that City are largely funded through sham UAE sponsorships? Just hope we have enough ceiling to keep our best players - Gerrards reign of terror won’t have helped. 1 Link to comment Share on other sites More sharing options...
villan95 Posted March 4 Share Posted March 4 Apologies if already explained but how does losing £156M over the 3 year period when you can only lose £105M see us compliant with the PSR rules. Is it because of allowed COVID losses? Link to comment Share on other sites More sharing options...
jimmygreaves Posted March 4 Share Posted March 4 Just a heads up.... We aren't skint...... Some people seem to think we are. We have among the richest owners in the league. The club is fine. Link to comment Share on other sites More sharing options...
MSvillain Posted March 4 Share Posted March 4 1 minute ago, villan95 said: Apologies if already explained but how does losing £156M over the 3 year period when you can only lose £105M see us compliant with the PSR rules. Is it because of allowed COVID losses? Someone can correct me/add some detail but not all cost/losses are taken into account for PSR calcs 1 1 Link to comment Share on other sites More sharing options...
villan95 Posted March 4 Share Posted March 4 Just now, MSvillain said: Someone can correct me/add some detail but not all cost/losses are taken into account for PSR calcs Yeah I had seen this but would it really account for over £50M of the losses? Link to comment Share on other sites More sharing options...
Popular Post Galway Lion Posted March 4 Popular Post Share Posted March 4 11 minutes ago, Leeroy said: Once again a depressing set of accounts. We must be one of the worst run clubs financially, we constantly seem to post losses regardless of our success on the pitch. I'll be fuming if we have to sell any key players this summer, particularly if we don't replace them. If we make Champions League we need a stronger squad not a weaker one. You do realise we’ve gone from mid table Championship to possibly CL team in four years? The value of the club has increased from £75m to +£500m even without CL football. We’re about to announce a mega deal with Adidas along with a lucrative new shirt sponsorship. Atarios/ Comcast coming on board will also make us a major player. I’d say the strides our owners have made has been astonishing and they are finding ways to compete with the big 6 who have operated a cartel for years 15 Link to comment Share on other sites More sharing options...
Popular Post allani Posted March 4 Popular Post Share Posted March 4 (edited) 1 hour ago, The_Steve said: Let’s not invent scenarios to get upset about. Yes, it’s not great reading. But the club is within the rules. They know what they are doing. Also let's not forget that Atairos has something like $6.5b of equity and Comcast were valued at around $275b in 2022. These guys have serious money available. It is safe to say that they'll have looked very closely at our accounts before taking a minority ownership through VSports. There are plenty of ways that they can find some extra revenue to help protect and grow their investment. Edited March 4 by allani Missing billions! 5 Link to comment Share on other sites More sharing options...
MSvillain Posted March 4 Share Posted March 4 14 minutes ago, villan95 said: Yeah I had seen this but would it really account for over £50M of the losses? We will have to wait for the full accounts to be published but I trust the people in charge 1 Link to comment Share on other sites More sharing options...
Popular Post JAMAICAN-VILLAN Posted March 4 Popular Post Share Posted March 4 (edited) Alot of the same people moaning about accounts and/or potentially selling players, are the same ones moaning about the club putting initiatives in place to attempt increase revenue and bring us closer to competitors ( Our income has been pathetic in comparison to even some" smaller " clubs based on what I see up to now )... Ironic Either way, the club statement should ease any worries. I've also seen a multitude of people smarter than me point out that all these losses won't be Football/FFP related, and the club know what they are doing. The recent movement and changing of accounts etc were also obviously strategic. Up the NSWE! Edited March 5 by JAMAICAN-VILLAN 12 Link to comment Share on other sites More sharing options...
tomsky_11 Posted March 4 Share Posted March 4 2 minutes ago, MotoMkali said: Actually I think I've figured out we lost so much in that period. Normally this wouldn't make sense but they said in the FAB meeting that they changed the accounting period to the end of June to line up with expiring contracts such as sponsors. So because of this we have an extra month on the accounting period and that month will likely be when things like loyalty bonuses, amortised transfer fees and various other annual costs are added as such we are essentially double counting them for this period. As presumably this accounting period is June 1st 2022-June 30th 2023. No. These accounts run to end of May 23. Link to comment Share on other sites More sharing options...
sidcow Posted March 4 VT Supporter Share Posted March 4 1 hour ago, Jbvilla909 said: We wouldn't have spent anything in Jan of we couldn't. I think we'll sell Emi in the summer while his stock is high, probably Dougie too. Would see around £100m not that I want them sold but, I think it'll be necessary. Why would we do that when our losses are within our strategic plan and within FFP rules? 3 Link to comment Share on other sites More sharing options...
tomsky_11 Posted March 4 Share Posted March 4 21 minutes ago, MSvillain said: Someone can correct me/add some detail but not all cost/losses are taken into account for PSR calcs Correct. Roughly £20-25M added back. Link to comment Share on other sites More sharing options...
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