Matt Damon
Player Valuation: £60m
hahaha straight to Villa
They're the best case to look at except perhaps Rangers.
hahaha straight to Villa
Why is net debt one of the best metrics to look at for football clubs?
If the club has the cash flow to service that debt, who cares about debt?
All about cash flows.
It is when you're talking about DEBT.
NET DEBT is one of the best metrics to look at.
Its how much money is owed by a club to someone else.
A NET DEBT PER UNIT TIME is an indication of a trend.
The rate of Aston Villa's debt increase is the most damning part of it all and their position.
No, the well off. Politics is irrelevant.
So, we don't like having the banks keep their foot on our necks to keep bleeding us dry.
Fancy that.
Either print some money to pay it off (illegal), sell a load of players and dont replace them (expectation and fan protests being one thing, but early pay off penalties make it a sight more difficult as well) or jack up ticket prices, sell off the best specs in the stands to who ever corporate will pay for them and steadily increase turnover that way, to get out of hock a little bit earlier.
But in a 20+ year payoff timetable, again, whos happy with that.
So lets check it off, up the duff with the banks and a load of effectively toxic debt that cant be moved without a big dose of poison. CHECK
"yea but der youff dhoh!" We could turn a Wayne Rooney type up every year, we'd get rinsed again, like last time. And fans would still hit the roof because the ''crown jewels/family silver" are being flogged.
So lets check it off, the academy cannot carry the sole burden of a top flight club - any top flight club! - so expecting miracles in that department is basically as useful as pullin your puddin. CHECK
Up match day revenue, 'kitbag' 'chang' 'the billboards' 'merchandise' 'selling pints' - it was under 5 years ago that a 20 year streak of making an annual loss on those aspects of the BUSINESS was stopped. Us making a shilling on all of that put together is a blessing, lets not go crazy just yet please.
So lets check it off, parts of the business that were until recently (during the prem era*) toxic parts of the business (ie, making losses) are not going to bail us out, not now, not ever. CHECK
Lets really reach for it, we could sack Moyes or let him run his contract down - not replace him and save on his wages at least. We could get someone to do the job of just turning up for £15k a year. It'd definitely be a money saving venture in the extreme short term!
We could rebrand the club as the Barcelona of Northwest England, and see if the catalans will throw us a few quid.
Lets check off the no-hoper ideas that are actually just bile because thinking positively and thinking rationally arent always the same thing. CHECK
The ground share is dead. At least for the time being.
We got close to moving into a new ground with....
...no obstructions
...proper facilities
...corporate catered for
...with an enabling partner - so we didnt fork out for the lot
we voted, we voted yes, but it was shot down on all sides.
Lets check it off, more money from fans through greater capacity, and the so called cash cow of corporate is not on the menu because Goodison cant cope - in fact it costs £600k per year to maintain the old steel work. CHECK.
The banks want us propping up their bonuses.
The City Council need us to stay because we are a cash cow for them.
Sky need us to make up the numbers so their side of choice (that big Rupert bid for - Man U) can win a league yearly.
The FA dont give a toss about anyone, so no help there.
Other clubs and other fans wont be coming to the rescue - how much did we help the likes of Portsmouth and god knows who else has gone down the sh!tter.
This is the position we are in, griping about the current or former owner/s, or them before that, or reasons for sides being broken up wont change our position NOW.
CHECK MATE.
We're veering off into some Villa abyss I want nothing to do with. Net income is not a good metric to judge football clubs, which was my only point.
I never mentioned net income.
I said NET DEBT is (per unit time)
Oh and At least we're not Villa!
I never mentioned net income.
I said NET DEBT is (per unit time)
Oh and At least we're not Villa!
Shut up everyone.
Shut up everyone.
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