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Northampton Owl

Finances! Villa appear to be fudged how about us

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You'd need open book to really have a clue to be fair.

 

That said, it doesn't look healthy for them. If they drop down to League 1 I imagine they'd seriously struggle.

 

 

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Wishing misery on another club, when we were so close to the edge of collapse ourselves not long ago seems like a bad thing. 

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8 minutes ago, Tim said:

Wishing misery on another club, when we were so close to the edge of collapse ourselves not long ago seems like a bad thing. 

True. But like the DA era, Villa have been mismanaged for a long time now and they've just spent and spent this year so instead of using the chute payments how they are supposed to  be, they've splurged the cash and I do hope they get nailed for it. All the tools at their disposal to restructure and return but they have abused the resources available so I have no guilt wishing I'll on them

Edited by Northampton Owl

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9 minutes ago, Northampton Owl said:

Interesting read about Villa. Personally I loved reading it and hope they get screwed but I was wondering about us. Have we had any figures yet or still in the dark?  

 

Villa show losses of over £81m

http://www.skysports.com/share/10784198 

 

If i've understood correctly, over a 3 year period which i understand it's based on, It's 65mill in the prem annually and 13 mill in the champ annually.

 

If they stay in the champ they would be allowed 65 last year (prem), 13 this year & 13 year after. =  91 mill.

 

So they can lose another 10mill in the 3 year period.  

 

But don't take this as gospel, i aint a football accountant and may have massively over simplified it and be as wide of the mark as some of the anti CC brigade on here.

 

Sorry, Sorry, couldn't resist and on this occasion, only joking.

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Our accounts are due out in the next week or so. 

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Which is reflected on the pitch. 

 

I hope we win every game we play, but I don't wish financial ruin on any club (well, maybe Leeds). That only hurts the fans. 

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Villas turnover dropped to £108.8 million and they still lost all that money! We live in a crazy world. Just to bring some perspective against our own positio,  our latest accounts showed an annual turnover of around £15 million.

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Why wish misery on Aston Villa. 

 

What exactly they done wrong? 

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35 minutes ago, Northampton Owl said:

True. But like the DA era, Villa have been mismanaged for a long time now and they've just spent and spent this year so instead of using the chute payments how they are supposed to  be, they've splurged the cash and I do hope they get nailed for it. All the tools at their disposal to restructure and return but they have abused the resources available so I have no guilt wishing I'll on them

 

I'd not agree that and for any football league club to be fair would not wish ill on them.

 

The money side is nuts and many clubs are struggling with the double standards on rules.

Edited by F. Spiksley

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34 minutes ago, Northampton Owl said:

True. But like the DA era, Villa have been mismanaged for a long time now and they've just spent and spent this year so instead of using the chute payments how they are supposed to  be, they've splurged the cash and I do hope they get nailed for it. All the tools at their disposal to restructure and return but they have abused the resources available so I have no guilt wishing I'll on them

 

The arnt the first club and wont be the last . The parachute payments are abused . 

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51 minutes ago, Northampton Owl said:

True. But like the DA era, Villa have been mismanaged for a long time now and they've just spent and spent this year so instead of using the chute payments how they are supposed to  be, they've splurged the cash and I do hope they get nailed for it. All the tools at their disposal to restructure and return but they have abused the resources available so I have no guilt wishing I'll on them

Nail on head

 

I love it when clubs spend all their parachute money in one go and fail miserably

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49 minutes ago, RichieB said:

Our accounts are due out in the next week or so. 

 

 

28th Feb they need to be filed at Companies house which is tomorrow.

 

Not sure if they are available straight away. 

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51 minutes ago, aeroswfc said:

Why wish misery on Aston Villa. 

 

What exactly they done wrong? 

They rhyme with Gina Miller.................so fooooooooooook em

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16 minutes ago, tuttuttut said:

 

 

28th Feb they need to be filed at Companies house which is tomorrow.

 

Not sure if they are available straight away. 

Be a good week after dependent on workload at Companies House. Last year they did publish on the official website a bit before so might go live tomorrow.

 

The Villa figures don't reflect them being in the Championship and I think some of the loss is accounting shizzle rather than real cash losses

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Would never wish financial implosion on any club having been there ourselves, I especially wouldn't wish it upon a proper club like Villa. Yes it's funny seeing them flounce after not respecting the Championship but their supporters don't deserve financial oblivion.

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Easily done when you never expect relegation. We didn't. 

 

I think its more important to see how they stack up post takeover 

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14 minutes ago, mkowl said:

Be a good week after dependent on workload at Companies House. Last year they did publish on the official website a bit before so might go live tomorrow.

 

 

 

 

Cheers MK

 

Any chance you could break it down for us in simple terms for us non accountants when they are released? 

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