• Villa losses in winning promotion

Posted: **Wed Mar 04, 2020 3:11 pm**

£69m loss reported and that despite flogging Villa Park for £56.7m

http://bit.ly/39p5gFQ

Posted: **Wed Mar 04, 2020 3:40 pm**

Yet still managed to spend £140+ million in the summer.

Posted: **Wed Mar 04, 2020 3:41 pm**

Another Bolton waiting to happen

Posted: **Wed Mar 04, 2020 4:03 pm**

these results were announced last Friday - only visible at Companies House today

posted this on the Magic Money Tree thread earlier today where you will also see Leicester and Cardiff's financial results from last season

How Aston Villa have made a three year £179m loss be a £17m loss for FFP - Mel would be so proud

https://twitter.com/KieranMaguire/statu ... 0466178048

This is the first time I have ever seen Academy costs highlighted in this way - look at the size of them

a bit more detail on @KieranMaguires perspective in this article which paints a very rosy picture

https://www.birminghammail.co.uk/sport/ ... h-17860469

so there you have it a club that has been"financially doped" or "rescued" (depending on your perspective) over the last few years - will the investment pay off or will this be another club trained to live beyond it's means that can look forward to another financial collapse when the owners have had enough

Posted: **Wed Mar 04, 2020 5:08 pm**

Dejavu wrote: ↑
Wed Mar 04, 2020 3:41 pm
Another Bolton waiting to happen

Hope so....they deserve it.

Posted: **Wed Mar 04, 2020 5:08 pm**

Fair play. They gambled and it worked.

They need to pray they stay up mind.

Posted: **Wed Mar 04, 2020 5:11 pm**

Steve1956 wrote: ↑
Wed Mar 04, 2020 5:08 pm
Hope so....they deserve it.

I like Villa

Posted: **Wed Mar 04, 2020 5:13 pm**

tim_noone wrote: ↑
Wed Mar 04, 2020 5:11 pm
I like Villa

Oh dear I'm having a nightmare today,i think i better sign off

Posted: **Wed Mar 04, 2020 5:18 pm**

Steve1956 wrote: ↑
Wed Mar 04, 2020 5:13 pm
Oh dear I'm having a nightmare today,i think i better sign off

Bloody hell Steve do you hate everyone

You have alienated Scousers, Brummies, Mancs, Yorkies (I will forgive you that one cos I am one and I'm a complete Bellend

) Cockerknees .... you've been living in the land of the Porridge eaters too bloody long m8

Posted: **Wed Mar 04, 2020 5:19 pm**

Villa fans blame Burnley for their 71 year League title wait between 1909/10 and 1980/81 as we decided to adopt their colours - we of course won it twice in that period - in return we let them have Tony Morley and they got a European Cup to compensate

Posted: **Wed Mar 04, 2020 5:20 pm**

I love my son,our club and the wife probably in that order,everyone else can F**k off.

Posted: **Wed Mar 04, 2020 5:24 pm**

Steve1956 wrote: ↑
Wed Mar 04, 2020 5:20 pm
I love my son,our club and the wife probably in that order,everyone else can F**k off.

You knob what about your dog

Posted: **Wed Mar 04, 2020 5:36 pm**

Steve1956 wrote: ↑
Wed Mar 04, 2020 5:20 pm
I love my son,our club and the wife probably in that order,everyone else can F**k off.

Time for one of my all-time favourite bits of TV dialogue. https://www.youtube.com/watch?v=brNiTo_TbeQ

Posted: **Wed Mar 04, 2020 5:46 pm**

keith1879 wrote: ↑
Wed Mar 04, 2020 5:36 pm
Time for one of my all-time favourite bits of TV dialogue. https://www.youtube.com/watch?v=brNiTo_TbeQ

Brilliant

Had forgotten that scene

Posted: **Wed Mar 04, 2020 5:46 pm**

Wasn't it only a couple of years ago that Burnley got a discount on the final payment for Ashley Westwood because Villa were skint and they had to avoid a winding up order from the HMRC and needed the cash?
How does FFP work? Am I missing something?

Posted: **Wed Mar 04, 2020 5:47 pm**

Bosscat wrote: ↑
Wed Mar 04, 2020 5:46 pm
Brilliant

Had forgotten that scene

Which one is you?

Posted: **Wed Mar 04, 2020 5:48 pm**

Steve1956 wrote: ↑
Wed Mar 04, 2020 5:47 pm
Which one is you?

Posted: **Wed Mar 04, 2020 6:17 pm**

So, I suspect Tom Heaton's not exactly crossing his fingers when he approaches a Cashpoint machine, then !

Posted: **Wed Mar 04, 2020 6:27 pm**

Bosscat wrote: ↑
Wed Mar 04, 2020 5:18 pm
Bloody hell Steve do you hate everyone

You have alienated Scousers, Brummies, Mancs, Yorkies (I will forgive you that one cos I am one and I'm a complete Bellend ) Cockerknees .... you've been living in the land of the Porridge eaters too bloody long m8

He’s a true claret.

Posted: **Wed Mar 04, 2020 6:31 pm**

Petersa wrote: ↑
Wed Mar 04, 2020 5:46 pm
Wasn't it only a couple of years ago that Burnley got a discount on the final payment for Ashley Westwood because Villa were skint and they had to avoid a winding up order from the HMRC and needed the cash?
How does FFP work? Am I missing something?

New owners since then that keep churning the debt accrued into share capital, bought the ground and conveniently benefitted from HS2 compensation - I still think their Academy costs look too high but they seem to be well within FFP

Posted: **Wed Mar 04, 2020 6:33 pm**

cricketfieldclarets wrote: ↑
Wed Mar 04, 2020 5:08 pm
Fair play. They gambled and it worked.

They need to pray they stay up mind.

for now - still heading down the troubled route of living off more than they earn - the aforementioned Bolton and our friends down the road being the best examples of where this can lead

Posted: **Wed Mar 04, 2020 6:39 pm**

Chester Perry wrote: ↑
Wed Mar 04, 2020 4:03 pm
these results were announced last Friday - only visible at Companies House today

posted this on the Magic Money Tree thread earlier today where you will also see Leicester and Cardiff's financial results from last season

How Aston Villa have made a three year £179m loss be a £17m loss for FFP - Mel would be so proud

https://twitter.com/KieranMaguire/statu ... 0466178048

This is the first time I have ever seen Academy costs highlighted in this way - look at the size of them

a bit more detail on @KieranMaguires perspective in this article which paints a very rosy picture

https://www.birminghammail.co.uk/sport/ ... h-17860469

so there you have it a club that has been"financially doped" or "rescued" (depending on your perspective) over the last few years - will the investment pay off or will this be another club trained to live beyond it's means that can look forward to another financial collapse when the owners have had enough

I imagine those academy costs are split out to minimise any FFP penalty.

Posted: **Wed Mar 04, 2020 6:43 pm**

aggi wrote: ↑
Wed Mar 04, 2020 6:39 pm
I imagine those academy costs are split out to minimise any FFP penalty.

All those costs are split out to show how they avoided an FFP penalty and by a very long chalk too

Villa losses in winning promotion

Villa losses in winning promotion

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