Make sure you wave goodby to Moyes today..!!!!

[Matt Damon]

Well, only James Milner actually - they bought Makoun for £6m too. They basically sold £30m worth and brought in £30m worth, so it's break even. They're not skint, but certainly not minted, and their ability to fund the odd deal where they need to is a lot higher than ours (see our dreadful attempts to bolster the squad in January for details).

Anyways, calm down? oO

Despite an increase in turnover their last set of accounts showed another big loss year ending May 31, 2010. DOWN ANOTHER £37 MILLION.

So their debts right now could be in the region of £130 MILLION as they are HEMORRHAGING CASH. FFS

THEY ARE SKINT!

The only way they're signing anyone this summer is selling Ashley Young!

 

[Matt Damon]

http://www.telegraph.co.uk/sport/fo...-in-more-money-as-Aston-Villa-wages-soar.html

The loss, to the end of May 2010, of £37.6 million was £9 million less than in 2008-09, but it underlines Villa’s reliance on Lerner’s largesse and the huge cost of attempting to compete for Champions League football. It also demonstrates that, like many of their rivals, Villa have to drastically reduce their dependence on their benefactor if they are comply with Uefa ‘financial fair play’ regulations intended to force clubs to live within their means.
Controlling the club’s spiralling wage bill will be the main challenge.
Wages were up £9 million to almost £80 million in 2009-10, swallowing every penny of a £6 million increase in turnover. Wages now account for 88 per cent of the club’s £90 million turnover, among the highest rations in the Premier League.

They are in a HELL of a state.

 

[Tubey]

Despite an increase in turnover their last set of accounts showed another big loss year ending May 31, 2010. DOWN ANOTHER £37 MILLION.

So their debts right now could be in the region of £130 MILLION as they are HEMORRHAGING CASH. FFS

THEY ARE SKINT!

The only way they're signing anyone this summer is selling Ashley Young!

Here's the graph again ^^ Orange is Villa, Blue is Everton.

Higher starting point, meaning even though they're leaking cash, they're still overall better off than us due to having a bankrolling chairman if it came down to it.

I'm not saying you're wrong, it's just that Villa's situation isn't as grim as you're making it out to be.

That said, a move to Villa for Moyes wouldn't make sense as it'd be a sideways step if anything.

 

[Matt Damon]

Here's the graph again ^^ Orange is Villa, Blue is Everton.

Higher starting point, meaning even though they're leaking cash, they're still overall better off than us due to having a bankrolling chairman if it came down to it.

I'm not saying you're wrong, it's just that Villa's situation isn't as grim as you're making it out to be.

That said, a move to Villa for Moyes wouldn't make sense as it'd be a sideways step if anything.

*FACEPALMS*

There's only so many variations and so many times you can explain this stuff to people.

VILLA DO NOT HAVE MORE CASH THAN EVERTON. THEY'RE IN A HELL OF A STATE WITH SEVERE STRUCTURAL DEFICITS AND GROWING DEBTS (Growing at £30million a season!)


Definitions:
structural deficit = "spending more than you earn"

Debt = "borrowing money - to be paid back at a later date plus interest"

 

[Phenom]

When ever bluefox has give me info, he has been 100% correct so I dont see him leaving.

Plus im with Damon, I seen something the other day saying Randy Lerner is really worried at Villa and has got to start recouping some money he has spent.

 

[Tubey]

*FACEPALMS*

There's only so many variations and so many times you can explain this stuff to people.

VILLA DO NO HAVE MORE CASH THAN EVERTON. THEY'RE IN A HELL OF A STATE WITH SEVERE STRUCTURAL DEFICITS AND GROWING DEBTS (Growing at £30million a season!)

Net Worth:

Bill Kenwright - £10m
Randy Lerner - £1.4bn

That's basically the be all end all, at least until the new rules come in.

Lerner can subsidise, Kenwright cannot. Under current rules that makes a massive difference - a difference that counters actual on the books losses until the new rules come in.

If the new rules applied this year, then Villa would have to firesale and would basically be relegation fodder, but until then you're speaking prematurely about their plight.

They'll lower wages and break even on transfers this year, but Everton will do exactly the same thing.

 

[tsubaki]

Get Mourinho in. He hates the RS, has no bigger club to go to, and likes teams that play in blue.

 

[Matt Damon]

Net Worth:

Bill Kenwright - £10m
Randy Lerner - £1.4bn

That's basically the be all end all, at least until the new rules come in.

Lerner can subsidise, Kenwright cannot. Under current rules that makes a massive difference - a difference that counters actual on the books losses until the new rules come in.

If the new rules applied this year, then Villa would have to firesale and would basically be relegation fodder, but until then you're speaking prematurely about their plight.

They'll lower wages and break even on transfers this year, but Everton will do exactly the same thing.

CURRENT RULES?

If you'd of paid attention at the back of the class you'd know we are now in the monitoring period for the Financial Fair Play Regulations. Meaning that Lerner cannot under-right these debts more than a certain amount in any three year period (actually £45million after year three).

He could do but would be EXCLUDED from European Competition.


I'm tired of discussing this.

Anyone that thinks that Villa are a better prospect and better financial position than Everton are completely delusional.

Thats the fact of the matter.

 

[Tubey]

CURRENT RULES?

If you'd of paid attention at the back of the class you'd know we are now in the monitoring period for the Financial Fair Play Regulations. Meaning that Lerner cannot under-right these debts more than a certain amount in any three year period. He could do but would be EXCLUDED from European Competition.


I'm tired of discussing this.

Anyone that thinks that Villa are a better prospect and better financial position than Everton are completely delusional.

Thats the fact of the matter.

Underwrite*

For an apparent financial wizard (who ironically just told me to "listen in class" and linked a "for dummies" book like a pretentious muppet) you should get that term correct.

Anyway, you're not listening as usual. Lerner will cut back, but you're making it sound like they're about to "do a Leeds", which is a complete exaggeration.

 

[Matt Damon]

Underwrite*

For an apparent financial wizard (who ironically just told me to "listen in class" and linked a "for dummies" book like a pretentious muppet) you should get that term correct.

Anyway, you're not listening as usual. Lerner will cut back, but you're making it sound like they're about to "do a Leeds", which is a complete exaggeration.

I'm that fuming by this totally ridiculous "Aston Villa are boss and swimming in cash" ridiculousness...

Its amazing I can see straight - let alone spell!


Its one of the most ridiculous things I've ever heard.


Except the "Everton are going into administration" we heard about three months ago. That was just as ridiculous.

TOTAL BULL****.

 

[Matt Damon]

Underwrite*

For an apparent financial wizard (who ironically just told me to "listen in class" and linked a "for dummies" book like a pretentious muppet) you should get that term correct.

Anyway, you're not listening as usual. Lerner will cut back, but you're making it sound like they're about to "do a Leeds", which is a complete exaggeration.

Do you realise just how much Villa's going to have to cut to break even?

33% or 1/3 off of their wage bill !

FFS.

 

[Tubey]

I'm that fuming by this totally ridiculous "Aston Villa are boss and swimming in cash" ridiculousness...

Its amazing I can see straight - let alone spell!


Its one of the most ridiculous things I've ever heard.


Except the "Everton are going into administration" we heard about three months ago. That was just as ridiculous.

TOTAL BULL****.

I'm not saying Aston Villa are swimming in cash, I'm just saying they're not on the verge of financial meltdown! It's pretty similar to Chelsea actually, who owe way in excess of £700m to Abramovich and could go completely under within two years if he called it in. That won't happen though. Granted, Villa are in a more perilous situation due to the difference in structured debt with Chelsea being ostensibly "debt free" for all intents and purposes, but they are still not in imminent danger of collapse.

And obviously Everton are not on the verge of administration, we're just walking a tightrope on the bones of our arse (as my highly scientific graph shows!).

 

[Neiler]

Personally i think Villa a re a bit of a basket case Matt is right they loose money hand over fist and its unsustainable, their costs far out weigh their income. In fact they make about the same as us, but spend wildly. They have an ageing squad, they need to sell their best young players. They are basicly in the same position as us with a worse debt proportion, that i cant see getting any beter. The management of the club has to be taken into the context of when Learner took over. Villa were debt free when he assumed power. They now have 130 mill in debt (dispelling the myth that he is pumping money into the club) with little to show for it - certainly no more then us when you break it down to on the feild success.

They are facing in to one of their worst years financially, they are going to take about 8-10mill on placement money in the PL from 6th last season. Martin O Neill is sueing them for breach of contract which is likely to be another five million. They wont be in Europe this season which is another 5-8 million and if they get rid of Houllier thats about andother 5 mill. While having to give a new manager a contract - Moyes is on in and around 4 mill a season.

Now i know that people are banging on that Learner is a billionaire but with the financial fair play sniz they are are in a really poor financial predicament, not withstanding the fact he doesnt put money in he loans or borrows money. As i have said a number of times.

Overall if you look at it we are by far heathier then they are, its unsustainable. Brum could also be in big trouble if they go down today, as i said almost a year ago. Frankly i believe those two Brum clubs are the most vulnerable financially in the league.

I can understand why they would go for Moyes, they want him to do a job on limited resources there as he did here, its hard to see what Moyes would get out it if im honest.

 

[Deleted member 28206]

Matt. I wish you'd stop making every thread you contribute a personal battle of knowledge with people.

 

[Alio]

CURRENT RULES?

If you'd of paid attention at the back of the class you'd know we are now in the monitoring period for the Financial Fair Play Regulations. Meaning that Lerner cannot under-right these debts more than a certain amount in any three year period (actually £45million after year three).

He could do but would be EXCLUDED from European Competition.


I'm tired of discussing this.

Anyone that thinks that Villa are a better prospect and better financial position than Everton are completely delusional.

Thats the fact of the matter.

But I'm not sure you really discuss it?