17-05-2019, 17:20
(This post was last modified: 17-05-2019, 17:39 by Blue Baggie.)
(17-05-2019, 05:04)St Charles Owl Wrote:(17-05-2019, 00:27)Phil Penn Wrote:(16-05-2019, 21:18)St Charles Owl Wrote:(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.
Or they can sell Villa Park to themselves for £50 million ?
Well thats how Derby got themselves out of trouble earlier this season, sold their stadium essentially to themselves for 80m and ended up showing a 40m profit on the season!!!
To be honest I can see us doing that as well. It is getting harder and harder to compete in the Championship without some seriously creative thinking!!
One major thing we have not considered or even given a 2nd thought - Did Guochuan Lai borrow the cash to buy the club in the first place?
Hence the reason why he declines to financially to support the club? When Jenkins had to go to Barclay's for a loan in January the alarm bells starting ringing - no new manager - no signings in January - it all points to no cash flow.
Peace and his efforts to sell to the correct person has proved to be the worst decision since the Bhatti' s got hold of the Dingles.
You must have financial support from your owners to survive in the EFL
Some say Sheff Utd got promotion without investment - absolute rubbish Kevin McCabe has invested £100 million
Abdullah bin Musa'ad has given them £3 million as a gift this season, but has probably invested a lot more.
£20 million on average is needed in the EFL just to tread water, so enless Lai opens his wallet we on our way down boys.
Norwich have had a tremendous couple of seasons making £45 million on transfers whilst winning the league.
They have done a Leicester - great achievement, but it's all over now.
Time for Delia to sell up and maximise her investment now. It's called doing a Peace.
2020 the year the bubble burst 
