Financial Fair Play investigation

[Goat]

So is anyone any clearer with these accounts then?

Yes, its painfully clear that we have utter buffoons in charge.

 

[catcherintherye]

18/19 (111.8m)
19/20 (72.5m)
20/21 (106.1m) Avg of ’20 & ’21 = (89.3m)
21/22 (36.4m)

P&S loss (237.5)

Which appears to be a P&S breach of 132.5m

Yes as I indicated about 25m over their arbitrary, none inflation adjusted figure.

 

[4737carlin]

Trouble is, we don’t have a 50/60 million player to sell every year. Losses would have been near on 100 million again without the sale of Richarlison.

Grim

Pickford will be the next to go for decent money.

 

[catcherintherye]

I have deducted the Covid related losses unfortunately, if they were included it would be about 80m higher

Well you didnt deduct them, they were deducted and accepted on the accounts. Businesses do tend to lose money in pandemics.

 

[ultra]

So is anyone any clearer with these accounts then?

Maybe not, but the accompanying statements from Kenwright & Baxendale should put rocket fuel under the protests

 

[PhilM]

So is anyone any clearer with these accounts then?

We think we've met the rules. PL believe we don't. The figures clarify neither point, or that's my take on it.

 

[Bluelenny1984]

Leave Damo alone Lenny.

What are your thoughts on Bill Kenwright?

OK goat if you say so!!

I think he's deluded, and I think both he and Moshiri have driven the club in to the ground!

 

[Goat]

OK goat if you say so!!

I think he's deluded, and I think both he and Moshiri have driven the club in to the ground!

Agreed Lenny, utter clowns.

 

[Bluelenny1984]

Agreed Lenny, utter clowns.

Lost with it all really, I don't see things getting any better whilst both are associated with the club
.

 

[gwladysnight]

Well you didnt deduct them, they were deducted and accepted on the accounts. Businesses do tend to lose money in pandemics.

According to press reports the COVID losses may not have been accepted on the accounts. Allegedly the COVID losses were accepted before the 20/21 accounts were fully audited.

 

[ToffeeTim]

Sack the board

Kenwright out

 

[Villa_Fan]

Well you didnt deduct them, they were deducted and accepted on the accounts. Businesses do tend to lose money in pandemics.

I did deduct them, they are not included in those numbers, the covid losses are

Covid losses
21/22 (8.3m) attributed to Covid
20/21 (14.8m) attributed to Covid
19/20 (67.3m) attributed to Covid
18/19 no losses attributed to Covid

 

[Marius57]

What does this mean?

The majority shareholder who is reliant on support from their majority shareholder?

Moshiri is reliant on Usmanov who is currently unable to use his money?

So essentially, if we go down, we are unbelievably screwed?

 

[PhilM]

View attachment 207706
What does this mean?

The majority shareholder who is reliant on support from their majority shareholder?

Moshiri is reliant on Usmanov who is currently unable to use his money?

You'd presume something along those lines or the holding group cannot guarantee its liquidity: e.g., do they have the cash to invest or is it held in assets.

 

[efcfanwirral]

I did deduct them, they are not included in those numbers, the covid losses are

Covid losses
21/22 (8.3m) attributed to Covid
20/21 (14.8m) attributed to Covid
19/20 (67.3m) attributed to Covid
18/19 no losses attributed to Covid

what losses could possibly be claimed in 21/22?

no wonder we're getting dragged in front of a commission for this.