brieverton
Player Valuation: £50m
You could always put yourself forward for a Q&A session on Toffee TV or the like. I'm sure they'd welcome it.
Perhaps not until our relegation fate is known, one way or the other, though.
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Perhaps not until our relegation fate is known, one way or the other, though.
Interest and charges go through P&L, capital obviously doesn't.
As for the sale of VP, I am not sure what you are referring to. The sale is recorded as a 36m disposal of the fixed asset on the P&L. Maybe you are mixing up which company accounts you are looking at. Obviously, the company that manages the club was the seller and not the buyer of Villa Park, hence it is an asset disposal of VP on the P&L of the club's accounts. However, the owners of Villa have other companies within a holding group and VP was sold to one of these companies. So that company had to pay the club 36m. As it is a new company set up for this purpose it would not have any funds so the owners needed to put 36m into the holding company in order for it to be able to pay AV. the 36m I assume they put this money into the holding company in the form of a loan, it would be fairly daft to do it any other way. What clubs did it differently to this?
Mr Popodopolous
Player Valuation: £750k
Agreed interest and charges yes, other bits ie loans not.
Profit was £36m or thereabouts, price was about £56.7m. It appeared to be in the form of a Loan Receivable which as per FRS 102 is due within 12 months or less, yet sits on Balance Sheet still it would appear. Other clubs or generally appears in the statement of Cash Flow in the season of the transaction, save for Sheffield Wednesday which was over a number of seasons. While since I've looked properly tbh.
Fair different treatments same outcome. Possibly me being a bit picky.
Blue peter
Player Valuation: £35m
Got to say Im a little confused as to why a Bristol City and Aston Villa fan are discussing footballing financial governance on an Everton website!
I don't get u, disposal of an asset can't sit on Cash Flow, it must be accounted for. The 36m is on the P&L in the accounts. The value of the asset will be deducted from the balance sheet. Where are u finding a loan on the balance sheet? I can't see it in the accounts. Which company name and which accounting period are u looking at?
they feel sorry for us
BullensRoad
Player Valuation: £30m
No they're not at all.
BullensRoad
Player Valuation: £30m
I find it baffling we've had our sources of income sanctioned due to a war they have nothing to do with but the team that beat us today are funded by a vile regime that executes approx 50 people a day.
jonnyboy316
Player Valuation: £35m
Not sure If this has been discussed already but I don’t imagine we can be punished big no longer a PL member. Would work out conveniently for the PL
It’s a certainty we breach the EFL rules. They don’t mess about as well. Much more strict than the PL.
Yes it’s mental.
Also the accusations of money laundering for me are odd - the point of money laundering isn’t to see how much of it you can lose through football.
It's dirty money funded by Putin.
BullensRoad
Player Valuation: £30m
Spot on. I can't get my head round it, Usmanov was happy to spend and lose money to other teams. That's not money laundering.
Should be asking them to replace Kenwright and Co, by the sound of it, they'd do a better job.
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