16-05-2019, 21:18
(16-05-2019, 09:06)4evaabaggie Wrote: Aren't vile over spent on ffp ...... I may be wrong but I thought this year was glory or bust for them. Promotion or sell Jack "Tom Daley" Grealish to balance the books.
Haven't seen their accounts but I would be surprised if Villa were in trouble with FFP or P&S a its now called. Their loss capability is at least 39m over three seasons, and I think this is raised for PL relegated teams for a season or two. With their gates, commercial revenue and parachute payments I would be amazed if they have over spent. Their transfer activity in the past 12 months has seen them create a surplus so it will be down to wages if they are over P&S.
Their money issues stemmed from the Chinese Government putting restrictions on Chinese citizens moving money out of China, this led to 55% of the company being sold to the Sawaris and Edens, which freed up the ability to put money into the club.
If indeed they are up against the P&S limits, then first they have one more season to balance the books because only season in the EFL count and secondly as you say they can sell Grealish and that money will go directly towards offsetting any losses.