Moyes linked with Villa and Spurs

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ClaretandBlue said:
From the Guardian website, a lot more reputable then a one paragraph yahoo article...

Turnover: 84m (excluding player sales.)

Made up of 23m matchday income and 49m broadcasting revenue. The rest is commercial.

Wage Bill: 71m (Which will soon be reduced.)

Not sure how we are losing money apart from player sales? That's why the TV money is so important to each club as you take it away from anyone and then they're not able to finance their debt short term.
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I read the full Aston Villa accounts.

But if you want some other reports theres the BBC for starters

http://news.bbc.co.uk/sport1/hi/football/teams/a/aston_villa/9410582.stm

Its Villa's PR view of it. The actual Villa accounts figures are not so rosey
 
Not being funny like but... I wouldn't call anyone here an expert of Everton's finances, in fact a lot seem to delude themselves its worse than it is. So we should think before taking a Villa fan's word as an "expert opinion". No offense.

The very fact the financial stability of Villa is up for debate is a huge reason why Moyes isn't going there. He'd only leave for a huge job.
 
Brennan91 said:
There's also a good article here from the 08/09 season:

http://astonvillacentral.com/2010/03/another-look-at-the-200809-aston-villa-annual-report/

£45m loss at the end of 2009, totalling £85m in debt. Even if Villa had made a profit the last two seasons (which they have not) then they'd still be in a bind.
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No things have actually continued to decline. It was £110million (+/- £5million) at the start of last season (2010/2011).

It'll be in the £140 million to £150 million area now, and that will be AFTER any trimming of the wage bills taken into account this season!
 
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Brennan91 said:
Can somebody please explain what alternate universe we're living in where Villa aren't in a mess and losing £30m+ a year means your club is stable financially ? Because i need to get a flight back to planet Earth.
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Because Villa's debts are largely in-house and will never be called in. Lerner wants some prudence to return due to the way the club's revenue is eaten away by O'Neill's splurges of the past. He wants the proportion of wages down from 80%+ of revenue to somehwere in the region of 70% and to build again from there...advancing the new manager funds when the timing is right.

We, on the other hand, have a board that has this club in hock to financial institutions (£68M for the Bear Stearns securitization deal alone besides mortgages taken out) who couldn't give a damn about Everton's ability to pay - they just want their cash and will barely allow a credit facility for the club without the club's auditors pledging in blood that Everton will sell their playing staff if the bank deem it fit to do so.

It's not an alternate universe, it's reality.
 
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Most clubs our size have debts that size though, that's the whole idea of having a wealthy chairman, he provides you the loans to make the signings. The loans are then paid back over time, whether it been 5 years or 20 years.

The only way we'd be in a major financial crisis is if our income was smaller then our expenditure excluding the transfer deals as then we would be having to rely on player sales every year to break even.

EDIT: Good post davek.
 
Compared to Everton's £47.7million debt now (up £6million) at the start of 2010/2011 season. Which is what they budget for at Everton (a £6million loss).

Incidentally, that £6million would be wipped out with a £2 increase on ticket prices and a 5000 seat capacity increase.

with 10,000 seats at Everton we'd make a £12million profit. And 15,000 we'd make about £18million PROFIT per season on gate receipts alone (without including corporate).


For Villa that would ONLY HALVE THEIR ANNUAL LOSSES!
 
ClaretandBlue said:
Most clubs our size have debts that size though, that's the whole idea of having a wealthy chairman, he provides you the loans to make the signings. The loans are then paid back over time, whether it been 5 years or 20 years.

The only way we'd be in a major financial crisis is if our income was smaller then our expenditure excluding the transfer deals as then we would be having to rely on player sales every year to break even.

EDIT: Good post davek.
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UEFA FINANCIAL FAIR PLAY REGULATIONS

Club licencing.

I suggest you go read them mate.

Or you'll never play in Europe again!
 
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ClaretandBlue said:
Most clubs our size have debts that size though, that's the whole idea of having a wealthy chairman, he provides you the loans to make the signings. The loans are then paid back over time, whether it been 5 years or 20 years.

The only way we'd be in a major financial crisis is if our income was smaller then our expenditure excluding the transfer deals as then we would be having to rely on player sales every year to break even.

EDIT: Good post davek.
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And what if Lerner gets bored and decides to bugger off? Wouldn't blame him after seeing O'Neill piss away so much money.
 

ClaretandBlue said:
Most clubs our size have debts that size though, that's the whole idea of having a wealthy chairman, he provides you the loans to make the signings. The loans are then paid back over time, whether it been 5 years or 20 years.

The only way we'd be in a major financial crisis is if our income was smaller then our expenditure excluding the transfer deals as then we would be having to rely on player sales every year to break even.

EDIT: Good post davek.
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Cheers mate. It's a no brainer really isn't it? Lerner knows O'Neill took the piss a bit and wants the house in order to then go on and spend sensibly. Plain as a pikestaff what's going on at Villa. Be thankful you dont have a 'celebrity' owner with zero financial clout just looking to get a stadium built and walk off into the sunset with £50M in his arse pocket. That's our plight in a nutshell.
 
davek said:
Cheers mate. It's a no brainer really isn't it? Lerner knows O'Neill took the piss a bit and wants the house in order to then go on and spend sensibly. Plain as a pikestaff what's going on at Villa. Be thankful you dont have a 'celebrity' owner with zero financial clout just looking to get a stadium built and walk off into the sunset with £50M in his arse pocket. That's our plight in a nutshell.
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Yeah Davek. No brainer.

:huh:
 
Mvflusk said:
Don't think they'd mind, academy team to Moscow and all that.
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Lisbon Treaty mate.

Gives a mandate for the EU to regulate sport. They've told UEFA to get their house in order or else.

So they MUST enforce this regulation. or EU commission will take this regulatory responsibility from UEFA.


This means this will apply TO ALL EUROPEAN CLUBS wishing to play in Europe.

Also there's a three year monitoring period. So you think you could spend lots in year 1, but you'd be out of Europe for three years.

No tricks. They'll just adapt the regulations.


Villa are skint. / Screwed. Sorry mate.
 

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