Heroes & Villains, the Aston Villa fanzine

Heroes & Villains => Heroes Discussion => Topic started by: kippaxvilla2 on May 30, 2018, 07:16:22 PM

Title: Tony’s Statement.
Post by: kippaxvilla2 on May 30, 2018, 07:16:22 PM
I know that all the Villa fans experienced a very frustrating and disappointing Play-Off Final last Saturday. After seeing many Villa supporters on Twitter hoping that I can publish a statement as soon as possible, I feel like it would be best for me to write the following words when I am relatively calm. 

I care as much about this club as anyone. Even though I am back in Beijing, I still can't recover from our game at Wembley. The emotion needs time to heal. However, I know that all our management staff, coaches, players and myself need to get back on our feet and prepare to fight again.  Like everyone else, I'm delighted to see that under Steve’s management this season, we demonstrated character and unity. We fought like a team. Indeed, the loss is a pity, but we know how much effort and hard work our coaching staff and players put in this season. I want to thank Steve from the bottom of my heart, particularly for his remarkable level of professional focus despite losing his parents this year. With that, I would like to say thank you to Steve and his coaching staff once again for leading the team forward wholeheartedly throughout the season. 

We are all aware that we will face severe FFP challenges next season. I am an Aston Villa fan. But I am also a businessman. Under the current circumstances, I think the club needs to rethink not only the past two years but also the past ten years. Villa needs to be a sustainable football club. People join. People leave. That is the cycle of football. But the football club always remains through it all.  This is the ultimate reality that cannot be changed, but I can assure you that everyone behind the scenes is working tirelessly towards achieving our ultimate goal. 

We have been heavily investing for the past two seasons. However, the loss on Saturday means that we need to change a lot of things. No one wanted to see the club have to go through this, but I believe that only changes can help the club to progress towards the positive direction and this requires the joint efforts of everyone associated with this great football club.  No matter what the changes will be, I sincerely hope that everyone can unite and overcome the challenges together. Our goal has not changed and as long as we believe, regardless of how tough the process will be, I am sure we will succeed in the end. 

Thank you very much once again for all your support.

Chairman
Dr Tony Xia
Title: Re: Tony’s Statement.
Post by: Bad English on May 30, 2018, 07:17:48 PM
Your watch needs a service mate.
Title: Re: Tony’s Statement.
Post by: brian green on May 30, 2018, 07:28:26 PM
Are you Steve Hollis in disguise?
Title: Re: Tony’s Statement.
Post by: kippaxvilla2 on May 30, 2018, 07:31:50 PM
All radiators to be switched off until December?
Title: Re: Tony’s Statement.
Post by: SamTheMouse on May 30, 2018, 07:33:48 PM
I read the statement as saying "I haven't got a clue what we're going to do now, but whatever it is, it'll have to cost less than a two week-old Greggs pastie".
Title: Re: Tony’s Statement.
Post by: brian green on May 30, 2018, 07:34:58 PM
Goodbye Villa Park  hello Marks and Spencer Knickers Fundrome.
Title: Re: Tony’s Statement.
Post by: Bad English on May 30, 2018, 07:35:07 PM
I read it as "All your fates are belong to Bruce."
Title: Re: Tony’s Statement.
Post by: brian green on May 30, 2018, 07:41:40 PM
I might have had a smidgeon of respect for that statement if it contained some passing reference to his own culpability for allowing so much of his money to be pissed up in the air.  Those responsible for failure are his employees after all.

The hole in the bottom of our boat is McCormack-Hogan shaped.
Title: Re: Tony’s Statement.
Post by: Mister E on May 30, 2018, 07:53:01 PM
That reads like a prelude to the manager’s departure.
Title: Re: Tony’s Statement.
Post by: themossman on May 30, 2018, 07:53:34 PM
Not one mention of the Champions League.
Title: Re: Tony’s Statement.
Post by: Ads on May 30, 2018, 07:54:34 PM
Sounds like thank you Steve and best of luck.

Sounds like we cut our cloth accordingly. He can't say a lot and invariably that always draws criticism which doesn't seem particularly justified.

It didn't include the Shumantie or whatever the fuck they were. So he's still living on this planet.
Title: Re: Tony’s Statement.
Post by: Jon Crofts on May 30, 2018, 08:00:48 PM
What no world domination? Pffft I'm getting bedsheets ready Tony.
Title: Re: Tony’s Statement.
Post by: Ads on May 30, 2018, 08:03:00 PM
Chinese domination is slowly slowly catch a monkey.
Title: Re: Tony’s Statement.
Post by: ROBBO on May 30, 2018, 08:05:09 PM
I might have had a smidgeon of respect for that statement if it contained some passing reference to his own culpability for allowing so much of his money to be pissed up in the air.  Those responsible for failure are his employees after all.

The hole in the bottom of our boat is McCormack-Hogan shaped.

Be fair Brian he is an entrepreneur who saw an opportunity and like our previous owner he has to rely on the good judgement of others. Villa now has a history of taking good players from other clubs and turning them in to shit in a short space of time, this is beyond the control of the owner all he can do is sack those he trusted and go again.
Title: Re: Tony’s Statement.
Post by: brian green on May 30, 2018, 08:10:47 PM
I hope your tongue was in your cheek when you wrote that Rob.
Title: Re: Tony’s Statement.
Post by: Gido82 on May 30, 2018, 08:17:58 PM
Have to love modern football don't you? whilst we fret and scrap around FFP watch as the Sky 4 or "Big 6" in the Prem spend hundreds of millions to move up a maximum of two places in the league.
Title: Re: Tony’s Statement.
Post by: Pat McMahon on May 30, 2018, 08:24:14 PM
Chinese domination is slowly slowly catch a monkey.

I think of it as copy, copy, perfect copy, domination
Title: Re: Tony’s Statement.
Post by: ROBBO on May 30, 2018, 08:26:13 PM
Agreeing with you to some extent he relied on the experience of others when those players were bought, the money that managers have wasted at Villa in the past few years is mind blowing, Whether Bruce is a nice bloke or not is not the point he plays negative football and has wasted the chance given to him. The point I was making is most owners are not football people.
Title: Re: Tony’s Statement.
Post by: David_Nab on May 30, 2018, 08:27:28 PM
Agreeing with you to some extent he relied on the experience of others when those players were bought, the money that managers have wasted at Villa in the past few years is mind blowing, Whether Bruce is a nice bloke or not is not the point he plays negative football and has wasted the chance given to him. The point I was making is most owners are not football people.

Lets not forget the millions wasted ON managers Bruce himeself will be on a tidy sum
Title: Re: Tony’s Statement.
Post by: andyh on May 30, 2018, 08:28:47 PM
Just when the club needs a massive dose of positivity to get everyone rallying to the cause, the good doctor drops a massive shit bomb of misery.

Thanks Tone.
Title: Re: Tony’s Statement.
Post by: itbrvilla on May 30, 2018, 08:31:45 PM
At least we know we're fucked now...
Title: Re: Tony’s Statement.
Post by: SoccerHQ on May 30, 2018, 08:34:20 PM
Pretty much confirms we will be selling Grealish from that I think.
Title: Re: Tony’s Statement.
Post by: Matt Collins on May 30, 2018, 08:35:55 PM
Just when the club needs a massive dose of positivity to get everyone rallying to the cause, the good doctor drops a massive shit bomb of misery.

Thanks Tone.

Theres nothing in there that we didn't know

But it is right that they're being truthful with us.
Title: Re: Tony’s Statement.
Post by: mr underhill on May 30, 2018, 08:36:44 PM
Dr T's morphing into Randy
Title: Re: Tony’s Statement.
Post by: martin o`who?? on May 30, 2018, 08:37:23 PM
Apparently Randy had his Villa Tattoo lazered off and replaced with the words “He who forgets his history is condemned to re-live it” - which we are.
Title: Re: Tony’s Statement.
Post by: London Villan on May 30, 2018, 08:38:13 PM
We will be cutting it fine to get into the Champions League in Tony’s 5th year.
Title: Re: Tony’s Statement.
Post by: brian green on May 30, 2018, 08:38:34 PM
Anybody else get a hint of a Dear John in that statement?  A better written Dear John than Randy's parable of the Shunamite woman but a kiss off none the less.
Title: Re: Tony’s Statement.
Post by: villa `cross the mersey on May 30, 2018, 08:38:52 PM
Just when the club needs a massive dose of positivity to get everyone rallying to the cause, the good doctor drops a massive shit bomb of misery.

Thanks Tone.
Oh well at least we've got the new kit to look forward to .....hopefully it's the right claret and blue :)
Maybe the club motto will be revamped from " Prepared" to "Uncertain"

All joking aside we should be seizing this opportunity to completely revamp the way the club approaches the playing side of things from bottom to top - and concentrate on the basics - how to take a throw in, free kick and corner would be good place to start ... along with leaving at least two players on the half way line when the opposition has a corner. All simple stuff to address but has been lacking for seasons - let's hope we bring in a coach/ manager with positive, progressive ideas about the beautiful game
Title: Re: Tony’s Statement.
Post by: Matt Collins on May 30, 2018, 08:40:37 PM
With Randy the money really did dry up

At the moment it seems like it's FFP rather than that. Remember that a) even if we lose 2-3 key players our squad should still be very competitive at this level - more than the one we started last season with and b) that it's only this tight for one year because we took such massive losses in 16/17. That won't count the season after next
Title: Re: Tony’s Statement.
Post by: footyskillz on May 30, 2018, 08:42:17 PM
Have to love modern football don't you? whilst we fret and scrap around FFP watch as the Sky 4 or "Big 6" in the Prem spend hundreds of millions to move up a maximum of two places in the league.

Not even the big 6 now.
Those that establish themselves will benefit but there ll be an almighty scramble each season to wade off relegation.

What was interesting was all 3 promoted clubs from championship stayed up.
And all 3 that were relegated none made it back. Sunderland in fact got a double relegation. Hull struggled. And only Boro showed some competitiveness.
Title: Re: Tony’s Statement.
Post by: Matt Collins on May 30, 2018, 08:44:28 PM
Which gives me hope for next year. Not sure any of the relegated clubs will immediately be super competitive

Not sure any of the clubs that finished below us will be either

Title: Re: Tony’s Statement.
Post by: villa `cross the mersey on May 30, 2018, 08:50:36 PM
 I just hope Tony is not looking to emulate the Cardiff owner and change the kit colour to simply red .....bearing in mind that moneys too tight to mention
Title: Re: Tony’s Statement.
Post by: JJ-AV on May 30, 2018, 08:51:10 PM
Grealish certain to leave then. A real shame to see him develop elsewhere.

I worry now we’re skint. Bruce hasn’t really shown much ability to coach and improve players. There’s plenty of players with a decent pedigree at this level or above who he’s signed and has got nothing from: Bree, Taylor, Lansbury, Hogan. Without Jack we’ve still got a lot of resource for this level and on paper should be atleast play offs. I don’t see it currently, kind.

Is he any good with kids? Green and Davies could contribute a lot more next year but I’m not sure Bruce has any history of bringing young players through.
Title: Re: Tony’s Statement.
Post by: Ads on May 30, 2018, 08:52:09 PM
I don't read it like that at all. Everybody will read what they want I guess.

But it's a thank you to Mr Bruce. Just before the goodbye.
Title: Re: Tony’s Statement.
Post by: London Villan on May 30, 2018, 08:53:54 PM
One way or another we just need to get on with things now.
Title: Re: Tony’s Statement.
Post by: Monty on May 30, 2018, 09:25:23 PM
Kinda reads like Bruce staying to me, but we'll see.
Title: Re: Tony’s Statement.
Post by: Villafirst on May 30, 2018, 09:39:07 PM
I might have had a smidgeon of respect for that statement if it contained some passing reference to his own culpability for allowing so much of his money to be pissed up in the air.  Those responsible for failure are his employees after all.

The hole in the bottom of our boat is McCormack-Hogan shaped.

Most of the money spent is parachute money...
Title: Re: Tony’s Statement.
Post by: Behind Bluenose Lines on May 30, 2018, 09:39:35 PM
One way or another we just need to get on with things now.

Right: what should we get for Jack, folks?  :'(
Title: Re: Tony’s Statement.
Post by: JUAN PABLO on May 30, 2018, 09:40:10 PM
Kinda reads like Bruce staying to me, but we'll see.

please no

teaching the young players to knock the ball  back to Bunn to hoof up to Hogan and hope we dont lose possession like we normally do.
Title: Re: Tony’s Statement.
Post by: kippaxvilla2 on May 30, 2018, 09:42:23 PM
One way or another we just need to get on with things now.

Right: what should we get for Jack, folks?  :'(

You do realise that out of three clubs in the city only one has failed FFP?  And in case you’re too thick to realise it it begins with Small and ends in Heath.
Title: Re: Tony’s Statement.
Post by: brian green on May 30, 2018, 09:50:20 PM
Give us another clue.
Title: Re: Tony’s Statement.
Post by: Behind Bluenose Lines on May 30, 2018, 09:51:45 PM
Two words, each with one syllable...  :D
Title: Re: Tony’s Statement.
Post by: LeeB on May 30, 2018, 09:52:45 PM
Give us another clue.

They're an absolute shithouse of a club.

Although on reflection that only narrows it down to two.
Title: Re: Tony’s Statement.
Post by: PeterWithesShin on May 30, 2018, 09:52:55 PM
One way or another we just need to get on with things now.

Right: what should we get for Jack, folks?  :'(

You do realise that out of three clubs in the city only one has failed FFP?  And in case you’re too thick to realise it it begins with Small and ends in Heath.

AFAIK they're Villa, so less of that please.
Title: Re: Tony’s Statement.
Post by: BoVillan esq on May 30, 2018, 09:54:48 PM
That reads like a prelude to the manager’s departure.

Absolutely this.
Title: Re: Tony’s Statement.
Post by: kippaxvilla2 on May 30, 2018, 10:01:26 PM
Okay easy to confuse at this troubled time.
Title: Re: Tony’s Statement.
Post by: sickbeggar on May 30, 2018, 10:02:50 PM
I read it as Bruce going. Thanks to steve and the players 2nd paragraph. People (players and management) come and go 3rd paragraph. Big changes (yes folks, players and management will be going just if you missed it earlier) 4th paragraph.

Obviously that's just my interpretation but y'know
Title: Re: Tony’s Statement.
Post by: Des Little on May 30, 2018, 10:06:50 PM
After reading it twice, I think that he’s talking about what might have wheely bin...a bin on wheels. Is it Dusty Bin? Do I win a Metro?
Title: Re: Tony’s Statement.
Post by: Newby on May 30, 2018, 10:27:24 PM
I have just read it through properly for the first time and I think it's a load of shit.  The only thing he really says is that he's disappointed in not going up (fuck me, really!!) and that we need to cut our cloth accordingly thanks to not going up.  Crap statement that, not quite like Randy used to, but leaves me scratching my head wondering how, who and what will be in place.  I have no idea whether Bruce is staying or not, frankly, I don't care, dinosaur, I do think he'll have to prune his squad of staff though with either Calderwood, Clemence or Agnew to go. 
Title: Re: Tony’s Statement.
Post by: myf on May 30, 2018, 10:31:13 PM
Meaningless. Place is stinking of desperation again. Forget the manager, don't have faith in the owners.

Lots of talk about stabilisation but we look worse off than summer 2016 after reckless spending
Title: Re: Tony’s Statement.
Post by: Ads on May 30, 2018, 10:43:03 PM
What should the statement have said?
Title: Re: Tony’s Statement.
Post by: brentastonb6 on May 30, 2018, 10:46:16 PM
Tony is giving the perfect corporate communication strategy, namely paint the bleakest picture possible .
It might be bad but not nearly as bad as painted . Thank you Steve and coaches for your hard work which unfortunately didn’t pay off. Step forward Mr Dean Smith, you are the right man to develop our talented group of youngsters.
Title: Re: Tony’s Statement.
Post by: OzVilla on May 30, 2018, 10:47:20 PM
Ok I read it was the old putting on record our thanks to Steve, blah, blah, blah before Bruce makes an exit.

Also the financial situation has changed, no shit, the Villa need to live within their means so all options are open, this is a mental preparation for player sales for any of Chester, Kodja and Grealish.

I of itself there was nothing in there which shocked me, it's all kind of what we know but that bullish Dr Tony has clearly been replaced with a more hard headed approach.  I reckon he's looked at the figures and realised that without parachute payments its now going to need his personal investment and that wasn't really part of his masterplan. Either way, I think we are in deeper shit now than I thought this time yesterday.

Title: Re: Tony’s Statement.
Post by: Richard E on May 30, 2018, 10:47:55 PM
What should the statement have said?

'Boot. Face. Forever.'
Title: Re: Tony’s Statement.
Post by: PeterWithesShin on May 30, 2018, 10:48:22 PM
What should the statement have said?

Careful now.
Title: Re: Tony’s Statement.
Post by: Ads on May 30, 2018, 10:49:15 PM
What should the statement have said?

'Boot. Face. Forever.'

Maybe he could have played the Phil Collins game?
Title: Re: Tony’s Statement.
Post by: brentastonb6 on May 30, 2018, 10:51:13 PM
What should the statement have said?
It should have said “ Obviously not getting promoted wasn’t what we wanted, however we planned for both eventualities and will move forward with no fire sales and a great group of youngsters waiting in the wings to be integrated with our senior pros . We will make a formidable challenge next season”
How does that sound ?
Title: Re: Tony’s Statement.
Post by: myf on May 30, 2018, 10:51:32 PM
What should the statement have said?

Why post a statement which says nothing?
Title: Re: Tony’s Statement.
Post by: Richard E on May 30, 2018, 10:52:18 PM
What should the statement have said?
It should have said “ Obviously not getting promoted wasn’t what we wanted, however we planned for both eventualities and will move forward with no fire sales and a great group of youngsters waiting in the wings to be integrated with our senior pros . We will make a formidable challenge next season”
How does that sound ?

It sounds unconvincing and delusional.
Title: Re: Tony’s Statement.
Post by: dave.woodhall on May 30, 2018, 10:53:33 PM
This all smacks a bit of damned if he does...
Title: Re: Tony’s Statement.
Post by: Ads on May 30, 2018, 10:53:58 PM
What should the statement have said?
It should have said “ Obviously not getting promoted wasn’t what we wanted, however we planned for both eventualities and will move forward with no fire sales and a great group of youngsters waiting in the wings to be integrated with our senior pros . We will make a formidable challenge next season”
How does that sound ?

Sounds like you're addressing insecurities that are personal to you. Who says there's going to be a fire sale?

He's made a statement. Says he's gutted. Says we're going to be smothered by FFP, but this isn't a surprise. Thanks Bruce. And then again.

This isn't an A-Level English exam. There's no marks for identifying symbolism. If there's anything to read between the lines it's that Bruce and his time is up.
Title: Re: Tony’s Statement.
Post by: PeterWithesShin on May 30, 2018, 10:54:28 PM
Ultimately it shows that sometimes they can't win. If he hadn't said something more and more would have wanted to know why and started to give him stick. He says something and because it doesn't contain what everyone wants, he gets stick.
Title: Re: Tony’s Statement.
Post by: KevinGage on May 30, 2018, 10:55:03 PM
What should the statement have said?

We will ride to the summit on a road of bones.


Title: Re: Tony’s Statement.
Post by: Ads on May 30, 2018, 10:55:52 PM
Agreed PWS. These statements are always going to get the same reaction, no matter what is said.
Title: Re: Tony’s Statement.
Post by: Richard E on May 30, 2018, 10:58:56 PM
What should the statement have said?

'FFP? FFS!'
Title: Re: Tony’s Statement.
Post by: sickbeggar on May 30, 2018, 11:00:38 PM
well i would have gone with...


Hi peeps! Tony here. We don't really know much about the business of football but its a bit like them Casino's in Star City init?. we put everything on Bruceball, and whatdoyouknow it came up Pullis :0( Now we are going home without the bus fair and tomorrow we're are down cash convertors. Sorry! CIAO"
Title: Re: Tony’s Statement.
Post by: adrenachrome on May 30, 2018, 11:01:04 PM
What should the statement have said?

I said Gabby get your ass to Reading
But he said no, no
I don't think so
I said Brucie you be resigning
But he said no, no
I"ok want full compo
And kebabs to go
Title: Re: Tony’s Statement.
Post by: Ads on May 30, 2018, 11:01:20 PM
What should the statement have said?

We will ride to the summit on a road of bones.



What should the statement have said?

'FFP? FFS!'

This and this. Then maybe live streamed it and he could have kicked over a speaker or something.
Title: Re: Tony’s Statement.
Post by: brentastonb6 on May 30, 2018, 11:03:22 PM
What should the statement have said?
It should have said “ Obviously not getting promoted wasn’t what we wanted, however we planned for both eventualities and will move forward with no fire sales and a great group of youngsters waiting in the wings to be integrated with our senior pros . We will make a formidable challenge next season”
How does that sound ?

Sounds like you're addressing insecurities that are personal to you. Who says there's going to be a fire sale?

He's made a statement. Says he's gutted. Says we're going to be smothered by FFP, but this isn't a surprise. Thanks Bruce. And then again.

This isn't an A-Level English exam. There's no marks for identifying symbolism. If there's anything to read between the lines it's that Bruce and his time is up.

Who says there isn’t going to be a fire sale ? So I think it’s a concern I and many others have. If you want to call it a personal insecurity feel free , I call it a valid question on a forum .
Title: Re: Tony’s Statement.
Post by: TheMalandro on May 30, 2018, 11:06:52 PM
What should the statement have said?

At least he didn't mention Bannockburn.
Title: Re: Tony’s Statement.
Post by: pauliewalnuts on May 30, 2018, 11:50:09 PM
What should the statement have said?
It should have said “ Obviously not getting promoted wasn’t what we wanted, however we planned for both eventualities and will move forward with no fire sales and a great group of youngsters waiting in the wings to be integrated with our senior pros . We will make a formidable challenge next season”
How does that sound ?

Sounds like you're addressing insecurities that are personal to you. Who says there's going to be a fire sale?

He's made a statement. Says he's gutted. Says we're going to be smothered by FFP, but this isn't a surprise. Thanks Bruce. And then again.

This isn't an A-Level English exam. There's no marks for identifying symbolism. If there's anything to read between the lines it's that Bruce and his time is up.

Yes, and he also says:

Quote
We are all aware that we will face severe FFP challenges next season. I am an Aston Villa fan. But I am also a businessman.  Under the current circumstances, I think the club needs to rethink not only the past two years but also the past ten years. Villa needs to be a sustainable football club. People join. People leave. That is the cycle of football.

There's no A Level English symbolism exercise there, it is there in black and white.

I'd have preferred him to say nothing, to be honest. At least leave us with some sort of sign of positivity, of hope, but it reads to me like a 'tighten your belts, lean times ahead' message and there is absolutely nothing there which suggests 'I'd love to invest more, but I'm stopped by FFP'
Title: Re: Tony’s Statement.
Post by: brontebilly on May 30, 2018, 11:53:36 PM
Wynness should be the first name out. He oversaw the reckless gamble last season when we tried to buy promotion and failed miserably.
Title: Re: Tony’s Statement.
Post by: curiousorange on May 30, 2018, 11:54:18 PM
It does read to me that financially he's bitten off far more than he can chew. All that 'I'm a businessman' stuff doesn't suggest he's being told he can't hose us down with money because of those evil overlords of the EFL.
Title: Re: Tony’s Statement.
Post by: Ads on May 30, 2018, 11:54:21 PM
Yes. We're not permitted to horse cash at it, so we try something new. Hardly ground breaking is it? There will be change, but then there always is.

That to me means we are saying ta'ta to a fat squad whereby 35k a week players who don't make the 18 will be gone the sort of out a businessman can get behind.
Title: Re: Tony’s Statement.
Post by: David_Nab on May 30, 2018, 11:59:15 PM
Wynness should be the first name out. He oversaw the reckless gamble last season when we tried to buy promotion and failed miserably.

I agree .
Title: Re: Tony’s Statement.
Post by: stuart445 on May 31, 2018, 12:05:08 AM
This all smacks a bit of damned if he does...

Is the correct answer.
Title: Re: Tony’s Statement.
Post by: sickbeggar on May 31, 2018, 12:08:24 AM
As much as i was against employing Bruce, the feeling i got at the time of his employment, on here at least, was we had to get promoted NOW, so they weren't really going against the grain when they ditched RDM as far as a lot of us were concerned. I always thought the fans panicked and then the club followed suit, and Mr. Guaranteed Promotion turned up.

Look on the bright side, we could have gone up and been down next season with an expensively assembled collection of Bruceball merchants to get rid off. At least now we only have Richards.
Title: Re: Tony’s Statement.
Post by: stuart445 on May 31, 2018, 12:10:58 AM
What should the statement have said?
It should have said “ Obviously not getting promoted wasn’t what we wanted, however we planned for both eventualities and will move forward with no fire sales and a great group of youngsters waiting in the wings to be integrated with our senior pros . We will make a formidable challenge next season”
How does that sound ?

Sounds like you're addressing insecurities that are personal to you. Who says there's going to be a fire sale?

He's made a statement. Says he's gutted. Says we're going to be smothered by FFP, but this isn't a surprise. Thanks Bruce. And then again.

This isn't an A-Level English exam. There's no marks for identifying symbolism. If there's anything to read between the lines it's that Bruce and his time is up.

Yes, and he also says:

Quote
We are all aware that we will face severe FFP challenges next season. I am an Aston Villa fan. But I am also a businessman.  Under the current circumstances, I think the club needs to rethink not only the past two years but also the past ten years. Villa needs to be a sustainable football club. People join. People leave. That is the cycle of football.

There's no A Level English symbolism exercise there, it is there in black and white.

I'd have preferred him to say nothing, to be honest. At least leave us with some sort of sign of positivity, of hope, but it reads to me like a 'tighten your belts, lean times ahead' message and there is absolutely nothing there which suggests 'I'd love to invest more, but I'm stopped by FFP'

You mean apart from where he mentions we will face severe FFP Challenges.
Title: Re: Tony’s Statement.
Post by: tony scott on May 31, 2018, 05:08:55 AM
Well I’m glad he hasn’t remained silent  everybody on this site predicted if we didn’t get promoted there would be consequences.  So from what I hear from his statement, financial stability takes precedence and if can get promoted it’ll be a bonus.  I know going up financially is huge thing but,as I remember it Randy was in line to take a huge chunk, and so where some of our non performing players in bonuses and automatic pay rises. We were always going to see a lot of change re loan players and returning loanees let’s hang on for the ride and see where it takes us with or without SB. UTV
Title: Re: Tony’s Statement.
Post by: Newby on May 31, 2018, 05:59:21 AM
This all smacks a bit of damned if he does...

Is the correct answer.

This is the consequence of being a leader.  He came in on a white steed giving rhetoric about top six in five years.  He's as much to blame as Bruce or Wyness for allowing it to happen, I guess, hence the I'm still gutted comment. He is a little damned if he does to be fair, but, perhaps he could have said something to sell season tickets lol.
Title: Re: Tony’s Statement.
Post by: Villafirst on May 31, 2018, 06:11:47 AM
Whatever happens the squad will be weakened this summer. I just can't see it having the quality or depth to sustain a promotion challenge. Mid table at best.
Title: Re: Tony’s Statement.
Post by: mr underhill on May 31, 2018, 06:33:45 AM
I drafted dozens of statements like this when I worked in corporate marketing. They were all issued reluctantly by Chairmen/Managing Directors etc and were designed to say something without actually saying anything specific ( which would , in the main, have been better). Invariably this resulted in further media speculation which created even more uncertainty and further rounds of corporate speak until the real truth manifested itself. I read the Dr's words  as being akin to a worldwide plea for Villa fans to rummage around the backs of their sofas to donate any money found there. We're skint, and will be taking every fiscal measure available to stop bleeding money. Once all the  marketable assets have been sold, we might be able to plug a few gaps with frees and loans.So we are now Ipswich Town but with the added burden of a huge stadium and associated infra-structure. If Dean Smith wants to take that situation on, I for one will applaud him.
Title: Re: Tony’s Statement.
Post by: itbrvilla on May 31, 2018, 07:12:40 AM
Yes. We're not permitted to horse cash at it, so we try something new. Hardly ground breaking is it? There will be change, but then there always is.

That to me means we are saying ta'ta to a fat squad whereby 35k a week players who don't make the 18 will be gone the sort of out a businessman can get behind.
Who will buy the £35k a week players from us? Angela will be here till his contract runs out.
Title: Re: Tony’s Statement.
Post by: Matt Collins on May 31, 2018, 07:41:54 AM
Whatever happens the squad will be weakened this summer. I just can't see it having the quality or depth to sustain a promotion challenge. Mid table at best.

You could take a lot of players out of this squad and, on paper at least, it would still be much better than Millwall or Preston who were just outside the play offs
Title: Re: Tony’s Statement.
Post by: Matt Collins on May 31, 2018, 07:42:47 AM
I drafted dozens of statements like this when I worked in corporate marketing. They were all issued reluctantly by Chairmen/Managing Directors etc and were designed to say something without actually saying anything specific ( which would , in the main, have been better). Invariably this resulted in further media speculation which created even more uncertainty and further rounds of corporate speak until the real truth manifested itself. I read the Dr's words  as being akin to a worldwide plea for Villa fans to rummage around the backs of their sofas to donate any money found there. We're skint, and will be taking every fiscal measure available to stop bleeding money. Once all the  marketable assets have been sold, we might be able to plug a few gaps with frees and loans.So we are now Ipswich Town but with the added burden of a huge stadium and associated infra-structure. If Dean Smith wants to take that situation on, I for one will applaud him.

Were not skint
Title: Re: Tony’s Statement.
Post by: nigel on May 31, 2018, 07:59:16 AM
I actually think we could surprise a few next season.
Our hand has now been forced to use these talented lads we have on our books, with the more exerienced players.
Get a manager in who can play them correctly and we're not going to be far off. Maybe not automatic  promotion, but there or there abouts for play offs, again.

Oddly enough the perfect manager for this scenario would have been Reme Guarde!
Title: Re: Tony’s Statement.
Post by: FranzBiberkopf on May 31, 2018, 08:29:56 AM
It's a "clear the decks" statement. Reads to me like Bruce will be leaving with a modicum of pride. I would assume there will be a cull in non playing positions too - especially Wyness and Round (for. Director of Football, there doesn't seem to be much "direction" in evidence).

 I'm ok with kicking it over to start again . Do we really want a other 12 months of watching theimes of Lansbury have a good 30 minutes every 6 games and then disappear for months? Or.Hogan run around like.an ineffectual puppy for the 20 minutes he.comes.on from the bench every couple.of weeks?

I don't have a.clue who to suggest as a  manager. I neither do I suspect does Xia.
Title: Re: Tony’s Statement.
Post by: mr underhill on May 31, 2018, 08:33:16 AM
but effectively we are skint aren't we?. We have to make savings of £40m and we can't spend on new players.
Title: Re: Tony’s Statement.
Post by: Ads on May 31, 2018, 08:44:20 AM
No. Skint means you have no money to invest. Tony has bundles. We are just restricted by regulations which strangle competition, designed to protect a cartel of elite European clubs who became terrified that oiks like Man City could gatecrash their Misnomer Money Making League.

It's the anthisis of articles 101 and 102.
Title: Re: Tony’s Statement.
Post by: Mister E on May 31, 2018, 08:51:28 AM
Whatever happens the squad will be weakened this summer. I just can't see it having the quality or depth to sustain a promotion challenge. Mid table at best.
The squad may be weakened …
but we may end with a more balanced team, supported by players with more understanding of their capabilities and limitations.
Title: Re: Tony’s Statement.
Post by: Boz on May 31, 2018, 08:53:33 AM
That reads like a prelude to the manager’s departure.

That was my first thought as well.

A lot can be read into the statement, but underlying it is a change of manager, IMO
Title: Re: Tony’s Statement.
Post by: Risso on May 31, 2018, 09:07:02 AM
I think as has been said before, it's deliberately vague and leaves the owner a lot of options.  You can read any meaning you want into it.
Title: Re: Tony’s Statement.
Post by: john e on May 31, 2018, 09:09:43 AM
it's a work of genius to produce a statement which can be interpreted to say whatever you want it to say by numerous different people

I think George rr Martin might have been involved somewhere
Title: Re: Tony’s Statement.
Post by: brian green on May 31, 2018, 09:11:21 AM
Agree with you Nigel.  With my gambler's hat on (and I did write a sports  betting column for 25 years) I stick to my prediction made here when Eric Black was allowing rigor mortis to set in that return to the Premiership was a 3-5 year haul.

What we lose in the upcoming season from the loss of better quality players we will make by having younger, more motivated, quicker players.  There will also be the improvement of either a new manager or the old one with a squib up his arse. 
Taken all round I see a marginally poorer season than the last with us getting into the bottom play off position but performing less negatively in them.

FFP will ease substantially in 19/20 and that is when we shall start to get some proper promotion momentum going.  In my opinion.
Title: Re: Tony’s Statement.
Post by: cheltenhamlion on May 31, 2018, 09:16:50 AM
but effectively we are skint aren't we?. We have to make savings of £40m and we can't spend on new players.

£20m is the black hole. We lose half on wages of those being released and add a bit back in with Recon sponsorship. Not ideal but nowhere near the financial Armageddon about to be unleashed down the road. We will still be competitive but have to make more use of the kids as squad fillers than gubbing big money at the Whelan's and Taylor's of this world to stock it up. 
Title: Re: Tony’s Statement.
Post by: john e on May 31, 2018, 09:37:50 AM
we've not really improved the playing squad over the last two seasons,
yes we went close using old established and loan players but it was all very short term and we have built nothing for the future

the loan players have returned and we are left with the shell which contains not a lot of anything to get excited about outside Grealish and Chester who both might leave anyway

the Lerner regime of Lambert/Fox was a disaster and we followed it up with the Xia regime of Bruce/Wyness which is no better

All the money has been spent, the decent loan players gone home and we are back to square one, in a worse place now than when we first dropped
we have a unenviable record of continually choosing rubbish managers who spend the money on overpriced over rated plodders and then we just do it all over again and again, we never learn

the silver lining is that the Championship is a league of poor quality football and any manager who has a clue about building a team to play football on the front foot and a clear definitive system rather than attrition and hoof ball could easily get the team into the promotion/playoff spots without spending millions

when Bruce goes either now or next year it will be a case of rebuilding again,
starting from scratch again,
it can't start until he goes whenever that happens, but then it will be time to hope again
hope for younger players busting their asses, hope for a more attacking approach to the game,

 and most importantly of all hope that the a new manager can actually build something that remains solid with quality rather than something built on the short term sand



Title: Re: Tony’s Statement.
Post by: Ads on May 31, 2018, 09:43:01 AM
Steer

Bree
Chester
Elphick
Taylor

Jedinak

Green
Grealish
Hourihane
Albert

Kodjia

Is probably the best side we can put out now. Left hand side of defence is not as I would like, but that's a side easily capable of top 6, so I do not agree we've been left with nothing or starting from scratch. I think there's a great deal of anxiety exaggerating the situation into the chaos of not knowing for sure quite what will happen this summer.
Title: Re: Tony’s Statement.
Post by: old man villa fan on May 31, 2018, 09:51:48 AM
we've not really improved the playing squad over the last two seasons,
yes we went close using old established and loan players but it was all very short term and we have built nothing for the future

the loan players have returned and we are left with the shell which contains not a lot of anything to get excited about outside Grealish and Chester who both might leave anyway

the Lerner regime of Lambert/Fox was a disaster and we followed it up with the Xia regime of Bruce/Wyness which is no better

All the money has been spent, the decent loan players gone home and we are back to square one, in a worse place now than when we first dropped
we have a unenviable record of continually choosing rubbish managers who spend the money on overpriced over rated plodders and then we just do it all over again and again, we never learn

the silver lining is that the Championship is a league of poor quality football and any manager who has a clue about building a team to play football on the front foot and a clear definitive system rather than attrition and hoof ball could easily get the team into the promotion/playoff spots without spending millions

when Bruce goes either now or next year it will be a case of rebuilding again,
starting from scratch again,
it can't start until he goes whenever that happens, but then it will be time to hope again
hope for younger players busting their asses, hope for a more attacking approach to the game,

 and most importantly of all hope that the a new manager can actually build something that remains solid with quality rather than something built on the short term sand

100% agree.
Title: Re: Tony’s Statement.
Post by: john e on May 31, 2018, 09:54:07 AM
Steer

Bree
Chester
Elphick
Taylor

Jedinak

Green
Grealish
Hourihane
Albert

Kodjia

Is probably the best side we can put out now. Left hand side of defence is not as I would like, but that's a side easily capable of top 6, so I do not agree we've been left with nothing or starting from scratch. I think there's a great deal of anxiety exaggerating the situation into the chaos of not knowing for sure quite what will happen this summer.

if we start the season with Grealish and Chester it will be a right result
Plus there will be a few changes in playing staff depending on the managerial situation

it's not all doom and gloom in my view but we do need to start from scratch with a whole new playing philosophy, that's what I'm hoping for anyway
Title: Re: Tony’s Statement.
Post by: LeeS on May 31, 2018, 09:55:19 AM
Everyone is assuming we are going to get an automatic £<insert millions> from Recon sponsorship. Maybe Tony doesn't want to spunk his money away like that. Maybe he only wants to sponsor us on actual, genuine commercial terms.

I reckon I'm more of a Villa fan than he is and if I was a multi millionaire trying to become a billionaire I wouldn't just chuck my money at the club. It is valuable capital he may well need to grow his other businesses.
Title: Re: Tony’s Statement.
Post by: Ads on May 31, 2018, 10:09:15 AM
Steer

Bree
Chester
Elphick
Taylor

Jedinak

Green
Grealish
Hourihane
Albert

Kodjia

Is probably the best side we can put out now. Left hand side of defence is not as I would like, but that's a side easily capable of top 6, so I do not agree we've been left with nothing or starting from scratch. I think there's a great deal of anxiety exaggerating the situation into the chaos of not knowing for sure quite what will happen this summer.

if we start the season with Grealish and Chester it will be a right result
Plus there will be a few changes in playing staff depending on the managerial situation

it's not all doom and gloom in my view but we do need to start from scratch with a whole new playing philosophy, that's what I'm hoping for anyway

I agree with your last line. A greater focus on ball retention, pace and movement in the final third.
Title: Re: Tony’s Statement.
Post by: ROBBO on May 31, 2018, 10:17:33 AM
None of the on loan players returning to their respective clubs are good enough to hold down a spot in the Premiership Grealish was our own standout of the season. that's why I'm not totally devastated because for some time I have believed we were nowhere near structurally strong enough to face a season in the Prem. Apart from Grealish not one Villa player was good enough and that includes the likes of Terry, too old and too slow, we would have had to perform a miracle and sign almost a new team and get them gelling before the season started, impossible.
That's disastrous short term planning.
Title: Re: Tony’s Statement.
Post by: paul_e on May 31, 2018, 10:46:18 AM
Quote
We are all aware that we will face severe FFP challenges next season. I am an Aston Villa fan. But I am also a businessman.  Under the current circumstances, I think the club needs to rethink not only the past two years but also the past ten years. Villa needs to be a sustainable football club. People join. People leave. That is the cycle of football.

There's no A Level English symbolism exercise there, it is there in black and white.

I'd have preferred him to say nothing, to be honest. At least leave us with some sort of sign of positivity, of hope, but it reads to me like a 'tighten your belts, lean times ahead' message and there is absolutely nothing there which suggests 'I'd love to invest more, but I'm stopped by FFP'

I won't quote the whole thing but the bit about needing a rethink is everything I wanted to see, our recruitment policy (for football staff and players) has been a fucking disgrace for years, we've spent huge amounts of money on players with no resale value, we've continuously created squads with over-abundance in some positions and gaps in others, we've signed young players and completely fucked things up by not training them properly. We've lurched from style to style and rarely given any manager the time needed to shape a squad suitable for his style, but in many cases that's not a bad thing because they've been so poor.


The team Ads posted is decent enough to be competitive but I think we'd need another centre half (but that could easily be Tuanzebe) and I'm very uncomfortable with Taylor being in there, if we could move him on and get a replacement without a huge outlay that would be pretty high up the list for me. I'd also like to have Bjarnason in for Jedinak for most games but I suspect that's unlikely because he's one of the few players we could make a decent profit on (if he has a decent world cup). If he does leave then I'd like someone with some legs for that role but Maybe Lyden could step up, if his injury problems are now behind him.


After that if we had anything to spend I'd like another winger with real pace, Green is still young and Adomah has shown that he blows hot and cold so having a 3rd player to compete with them would be sensible.  I'm not sure that Corey Taylor is good enough and I prefer O'Hare central as cover for Jack.
Title: Re: Tony’s Statement.
Post by: boozey182 on May 31, 2018, 10:48:33 AM
When I first read the statement, I was convinced it was purely preparing us for Jack's departure. But thinking about it, from a business point of view, it wouldn't be a particularly good idea to let the world know that you need to sell your most valuable asset. That's surely not the way to get the best price...? You say you're not going to sell or, more likely, you don't refer to it at all.

So, to my mind, we've either already agreed a deal for Jack (which I'd say is unlikely, but not impossible), or he was only talking about Bruce going and that the new guy will be making plenty of changes. Which you'd imagine. And hope for.
Title: Re: Tony’s Statement.
Post by: olaftab on May 31, 2018, 11:01:02 AM
Quote from: john e link=topic=58696.msg3433075#msg3433075 date=1527755870[/quote

hope for younger players busting their asses, hope for a more attacking approach to the game,

 and most importantly of all hope that the a new manager can actually build something that remains solid with quality rather than something built on the short term sand

Well said john e. Let's grow organically. We tried the fast fix method and we have failed miserably. Let's start with a decent coach  and if this rebuilding means we are in this division  for  a little while than so be it. There is no need to slash our wrists...............................just now :)
Title: Re: Tony’s Statement.
Post by: AsTallAsLions on May 31, 2018, 11:08:07 AM
There's legitimate cause to be concerned but personally I can see the opportunity in all this too. I would love to see a one-for-one squad where essentially every first teamer has an apprentice in their natural position that they're responsible for bringing along. Think the likes of Chester, Hutton, Jedinak would be great mentors and hopefully will have learned spades from Terry this season on how to encourage and improve those around them through leading by example. Might be less effective when you come to the likes of Bjarni and Kodjia who are probably too prone to a sulk to be great mentors, but in principle I think this is the direction we need to go in.

Get the likes of Sarkic, Clark, O'Hare, Green, Hepburn-Murphy involved in the first team set-up, and make sure they're looking up to the right players, in addition to getting the coaching right.
Title: Re: Tony’s Statement.
Post by: Little Class on May 31, 2018, 11:12:23 AM
It is a very carefully worded statement.  It says people not players so that means the manager / backroom staff or even him, not just players.
Title: Re: Tony’s Statement.
Post by: Bren'd on May 31, 2018, 11:19:22 AM
O'Hare
Green
Davies
RHM

All young and know each other's game.  There's pace there too.  As much as we'll miss Snodgrass's guile he will be another year older, a bit slower and less stamina. Keep Hutton for another year if we can. Make Chester our leader and get a decent big lad next to him the lad at Bristol City looked half decent.
Title: Re: Tony’s Statement.
Post by: Comrade Blitz on May 31, 2018, 12:25:32 PM
Exactly what does "smothered by FFP" mean?

We hear all of the talk about it but has there ever been a document that states exactly what the club can and cannot do now? For example, a fixed figure for transfer funds, the required value of wages to be cut? etc?
Title: Re: Tony’s Statement.
Post by: Oscar Arce on May 31, 2018, 12:31:15 PM
According to Talk Shite's 'experts' this morning, we're going to do a Sunderland.
Title: Re: Tony’s Statement.
Post by: Lastfootstamper on May 31, 2018, 12:34:57 PM
According to Talk Shite's 'experts' this morning, we're going to do a Sunderland.

We already haven't.
Title: Re: Tony’s Statement.
Post by: Ads on May 31, 2018, 12:36:25 PM
I don't know where to begin with that one.
Title: Re: Tony’s Statement.
Post by: David_Nab on May 31, 2018, 01:22:30 PM
According to Talk Shite's 'experts' this morning, we're going to do a Sunderland.

Meanwhile the bookies still have us as faves to go up ...Talkshite are muppets
Title: Re: Tony’s Statement.
Post by: Ad@m on May 31, 2018, 01:32:39 PM
Steer

Bree
Chester
Elphick
Taylor

Jedinak

Green
Grealish
Hourihane
Albert

Kodjia

Is probably the best side we can put out now. Left hand side of defence is not as I would like, but that's a side easily capable of top 6, so I do not agree we've been left with nothing or starting from scratch. I think there's a great deal of anxiety exaggerating the situation into the chaos of not knowing for sure quite what will happen this summer.

I get that you're trying to be positive but there's no way we'll start the season with that team.

All that's gone from that team are the loanees aren't they?  That will gain us £10m of the £40-£50m we need to find.  So we're going to  have to sell some players to bridge the gap or run the risk that even if we win the league the EFL might dock us enough points to stop us going up.
Title: Re: Tony’s Statement.
Post by: Ads on May 31, 2018, 01:56:17 PM
I said that's the best possible team we can put out there now. People are chucking figures around and you've mentioned £40-50m, I have not seen that anywhere else.

The two I have seen are £39 million if everything hypothetically stayed the same, and we all know many things already have or imminently will and £20 million being closer to it from Chelts.

We already are selling players and Gollini is off, Elphick is off, it seems De Laet is off and I would expect Lansbury and Thor to follow suit too. I feel positive because I think everything is an opportunity to succeed.
Title: Re: Tony’s Statement.
Post by: Ad@m on May 31, 2018, 02:00:08 PM
I said that's the best possible team we can put out there now. People are chucking figures around and you've mentioned £40-50m, I have not seen that anywhere else.

The two I have seen are £39 million if everything hypothetically stayed the same, and we all know many things already have or imminently will and £20 million being closer to it from Chelts.

We already are selling players and Gollini is off, Elphick is off, it seems De Laet is off and I would expect Lansbury and Thor to follow suit too. I feel positive because I think everything is an opportunity to succeed.

There's a very detailed review on another Villa website which someone linked to on here that showed we needed £40m on top of the loan players wages dropping off the bill.
Title: Re: Tony’s Statement.
Post by: Ads on May 31, 2018, 02:02:47 PM
I've not seen that, if you're referring to the 7500 Steps to the Holte Blog on the matter from earlier in the year. Swiss Ramble definitely stated £39 million if nothing changed, which it now has to the tune of £12 million one way and commercial revenue the other way.
Title: Re: Tony’s Statement.
Post by: paul_e on May 31, 2018, 02:06:23 PM
Steer

Bree
Chester
Elphick
Taylor

Jedinak

Green
Grealish
Hourihane
Albert

Kodjia

Is probably the best side we can put out now. Left hand side of defence is not as I would like, but that's a side easily capable of top 6, so I do not agree we've been left with nothing or starting from scratch. I think there's a great deal of anxiety exaggerating the situation into the chaos of not knowing for sure quite what will happen this summer.

I get that you're trying to be positive but there's no way we'll start the season with that team.

All that's gone from that team are the loanees aren't they?  That will gain us £10m of the £40-£50m we need to find.  So we're going to  have to sell some players to bridge the gap or run the risk that even if we win the league the EFL might dock us enough points to stop us going up.

And Terry, Hutton, Lansbury, Bjarnason, Hogan and Elmo.  Not to mention People like Gil, Gollini, DeLaet, McCormack, Tishbola, etc who have been on loan and may or may not come back (Elphick should be on this list instead of in the team though).

Aside from that no one knows how much we need to find so quoting £40-50m as a definitive figure is a bit pointless, it may be true but it's impossible to verify.
Title: Re: Tony’s Statement.
Post by: Toronto Villa on May 31, 2018, 03:02:10 PM
The statement is meant to prepare us for the consequences of not being promoted. But it doesn’t have to be the worst case scenario as becomes very easy to paint. It just states that obvious that a series of difficult decisions will need to take place. Selling players like Jack might would only need to happen if an outrageous bid comes in or comes at the end of trying a number of other things to meet FFP. But I am sure the club have planned for this hoping it would never come to it. How well they have planned versus the reality of it will soon become apparent.
Title: Re: Tony’s Statement.
Post by: mr underhill on May 31, 2018, 03:06:39 PM
I've probably got more faith in Dt T planning for it than Randy planning for it
Title: Re: Tony’s Statement.
Post by: Nev on May 31, 2018, 03:39:47 PM
I'm looking on the bright side, on the evidence of last season whether we have cash or not we should be able to compete. This depends on the performance of our manager. The current one doesn't play the most inspiring stuff but has an excellent record in this league and on limited resources. He may be replaced with another manager who could make a fist of it.

The ship that we all watched so forlornly sailing off into paradise on Saturday hasn't disappeared forever. It sets sail again in August and whatever the ramifications of FFP, Dr Tony's intentions, the limitations of Bruce or A. N. Other we can still climb aboard. The fine margins that saw us fail last year may fall in our favour this time around.

You never know, you know.
Title: Re: Tony’s Statement.
Post by: old man villa fan on May 31, 2018, 04:07:17 PM
As Tony says he is a fan, can he pay for his ticket like other fans. £2m per game!
Title: Re: Tony’s Statement.
Post by: PeterWithesShin on May 31, 2018, 04:46:13 PM
I've not seen that, if you're referring to the 7500 Steps to the Holte Blog on the matter from earlier in the year. Swiss Ramble definitely stated £39 million if nothing changed, which it now has to the tune of £12 million one way and commercial revenue the other way.

£39m is the amount we can lose over a 3 year period. The big question is how much money we need to save this coming season to stay within that £39m figure.
Title: Re: Tony’s Statement.
Post by: onje_villa on May 31, 2018, 05:02:03 PM
I'd have to agree with others: Tony can't win.

I personally think it's refreshing to see him come out and be honest and say something, whereas under Randy we'd invariably wait months for him to come out with utter waffle.

As much as I'm no great fan of football under Bruce, it's very easy with hindsight to come out and say Bruce/Wyness has been a disaster when the reality is we were essentially one game away from actually succeeding! Again, please don't read that as me being a great fan of the style of play, it bores me to death but...

The other thing I'd say is that for years we've been crying out for football people on the board and no we have Wyness et al, suddenly we should get rid of them? And then what?

One thing's is for sure, like a few others on here, I'd love to see a footballing philosophy being built up now, start using our academy and build sustainably.
Title: Re: Tony’s Statement.
Post by: Damo70 on May 31, 2018, 05:06:36 PM
The other day the Birmingham Mail did a wonderfully dramatic story likening us to Coventry '83 or Hull a couple of years back and practically making out there would be a mass exodus and we would struggle to put eleven players out onto the pitch next season. What I got from Dr T's statement was that Bruce would be staying on and we would be giving it our best shot again whilst accepting that the financial picture has changed for us after two seasons out of the top flight. It is also worth remembering that Bruce is right up their with the best when it comes to utilising the loan market. I don't expect Swansea, Stoke or Albion to run away with the league next season. Nor do I expect any of the rest of last season's top ten (Boro, Derby, Preston, Millwall, Brentford and Sheff U) to suddenly become world beaters.
Title: Re: Tony’s Statement.
Post by: sickbeggar on May 31, 2018, 06:43:35 PM
Steer

Bree
Chester
Elphick
Taylor

Jedinak

Green
Grealish
Hourihane
Albert

Kodjia

Is probably the best side we can put out now. Left hand side of defence is not as I would like, but that's a side easily capable of top 6, so I do not agree we've been left with nothing or starting from scratch. I think there's a great deal of anxiety exaggerating the situation into the chaos of not knowing for sure quite what will happen this summer.

Now i'm not the most optimistic person here but easily top 6? you sure? Our side finished 8 points off automatic promotion and 10 points off 7th. Now we've lost 6 1st team players from that squad. You have steer bree, elphick and taylor who have been well.... rather crap or untried and any injuries and we're down to the kids. Now you'd hope players will come in at some point by the start of the season but i'd be a bit worried if i was  relying on that defence to get us promoted.
Title: Re: Tony’s Statement.
Post by: Ads on May 31, 2018, 07:22:49 PM
Top six easily.
Title: Re: Tony’s Statement.
Post by: jwarry on May 31, 2018, 07:32:51 PM
Pretty sure loans will come in too eg tuanzebe, but there is no doubt snoddy and Terry will be missed
Title: Re: Tony’s Statement.
Post by: Ads on May 31, 2018, 07:34:40 PM
Snoddy will be missed for sure. But...that absence of pace may well have been the thing that cost us awaynfeom home in particular.
Title: Re: Tony’s Statement.
Post by: Billy Walker on May 31, 2018, 07:37:33 PM
The other day the Birmingham Mail did a wonderfully dramatic story likening us to Coventry '83 or Hull a couple of years back and practically making out there would be a mass exodus and we would struggle to put eleven players out onto the pitch next season. What I got from Dr T's statement was that Bruce would be staying on and we would be giving it our best shot again whilst accepting that the financial picture has changed for us after two seasons out of the top flight. It is also worth remembering that Bruce is right up their with the best when it comes to utilising the loan market. I don't expect Swansea, Stoke or Albion to run away with the league next season. Nor do I expect any of the rest of last season's top ten (Boro, Derby, Preston, Millwall, Brentford and Sheff U) to suddenly become world beaters.

I tend to agree.  As an outsider looking in, I would see our recent couple of league finishes as signs that the club is on an upward trajectory.   Just because we lost the play-off final and we are bound to lose (and gain) some players this summer, it doesn't mean our objective has changed - in fact the Doc says our objective is exactly the same in his letter.  It would be great if some of the hysteria and negativity from the press could be nipped in the bud as soon as possible so that we can all get on with the business of positively refocussing on next season.  I think we have over 20k season tickets sold already for next season?  If we can get the positivity back quickly, there is no reason why we  won't shift a few thousand more and build up some real momentum for 2018-19.  If we take on board some lessons learnt from the season just gone we can have a fair old crack at it again next season.
Title: Re: Tony’s Statement.
Post by: Ads on May 31, 2018, 07:40:27 PM
A good start is key. Get the momentum going in August and September and you only have to look at Cardiff, the Dingles, Brighton, Huddersfield etc.

Being behind the 8 ball from game 3 makes it hard.
Title: Re: Tony’s Statement.
Post by: brian green on May 31, 2018, 07:47:35 PM
At least there will be no more 8 touch ball now Gabby has gone.
Title: Re: Tony’s Statement.
Post by: ozzjim on May 31, 2018, 07:48:03 PM
Agree re the start. Top 6 after the 5th game and you have momentum. Playing catch up is tough.

We need a lot more pace through the side.
Title: Re: Tony’s Statement.
Post by: sirlordbaltimore on May 31, 2018, 07:52:33 PM
Being behind the 8 ball from game 3 makes it hard.

Eh?
Title: Re: Tony’s Statement.
Post by: Ads on May 31, 2018, 07:55:16 PM
Google it.
Title: Re: Tony’s Statement.
Post by: Ads on May 31, 2018, 07:56:32 PM
Agree re the start. Top 6 after the 5th game and you have momentum. Playing catch up is tough.

We need a lot more pace through the side.

It makes your margin for error almost non-existent. A draw down at Bristol was a poor result only because after Reading we had 1 point and not 6 or 7.
Title: Re: Tony’s Statement.
Post by: VinnieChase84 on May 31, 2018, 08:34:08 PM
Could Tony be having issues getting money out of China for our funding with them clamping down?
Title: Re: Tony’s Statement.
Post by: kippaxvilla2 on May 31, 2018, 08:39:52 PM
Weren’t Fulham 17th towards Christmas?  This league being as long as it is means you can have a decent run from Christmas onwards and still go up.
Title: Re: Tony’s Statement.
Post by: mr underhill on May 31, 2018, 08:44:56 PM
true but it took a play off final  against us at our worst to do it and I'm going to bet my house now that no one goes on a 23 game unbeaten run this season coming. Much better to go straight up. Cardiff went off like a train and only derailed once for a few games, but by then they had built up a big cushion. Even at our best, we were only ever playing catch up.
Title: Re: Tony’s Statement.
Post by: PeterWithesShin on May 31, 2018, 09:04:38 PM
It also shows that the equivalent of a couple of bad runs before Xmas, as we also had, leaves you pretty fecked. And even a run of form rarely seen isn't enough to finish top 2. W18 D5 L1 and it still wasn't enough.
Title: Re: Tony’s Statement.
Post by: villa `cross the mersey on May 31, 2018, 09:11:29 PM
As in the final the cautious/ safety first approach cost us I feel.
Would like to see us go at side's from the off - as the Wolves game for example - most clubs have a dip at some point and others go on incredible runs like Fulham did.We had too many bad patches to be worthy of automatic promotion
Title: Re: Tony’s Statement.
Post by: Ads on May 31, 2018, 09:20:59 PM
Fulham prove the issue of a bad start. They're a much better side than Cardiff, but when you're a 6th of the way there after 5 games, it's easier to have a dip at some point.
Title: Re: Tony’s Statement.
Post by: brentastonb6 on May 31, 2018, 09:48:51 PM
Steer

Bree
Chester
Elphick
Taylor

Jedinak

Green
Grealish
Hourihane
Albert

Kodjia

Is probably the best side we can put out now. Left hand side of defence is not as I would like, but that's a side easily capable of top 6, so I do not agree we've been left with nothing or starting from scratch. I think there's a great deal of anxiety exaggerating the situation into the chaos of not knowing for sure quite what will happen this summer.
Sarkic over Steer any day for me , there’s one squad improvement that’s cost nothing.
Title: Re: Tony’s Statement.
Post by: olaftab on June 01, 2018, 04:07:21 AM
Weren’t Fulham 17th towards Christmas?  This league being as long as it is means you can have a decent run from Christmas onwards and still go up.
The Fulham run wasn’t decent it was phenomenal and they still failed to make auto.
Title: Re: Tony’s Statement.
Post by: olaftab on June 01, 2018, 04:12:23 AM
I've not seen that, if you're referring to the 7500 Steps to the Holte Blog on the matter from earlier in the year. Swiss Ramble definitely stated £39 million if nothing changed, which it now has to the tune of £12 million one way and commercial revenue the other way.

£39m is the amount we can lose over a 3 year period. The big question is how much money we need to save this coming season to stay within that £39m figure.
Does the £39M figure change if we don’t go up next season?
Title: Re: Tony’s Statement.
Post by: PeterWithesShin on June 01, 2018, 05:00:26 AM
You can lose an average of £13m a year in this division, so it's always £39m over a 3 year period for us now until we either leave this division or there's a rule changes. However that's only if the owner injects £8m cash into the club each year. If he doesn't then it's a £5m a year loss, so then we could only lose £15m over 3 years.
Title: Re: Tony’s Statement.
Post by: Matt Collins on June 01, 2018, 06:53:30 AM
The thing that changes next year is that were currently have to compensate for a massive loss the first year we came down. That will drop out of the three year calculation next year
Title: Re: Tony’s Statement.
Post by: ozzjim on June 01, 2018, 07:02:51 AM
Isn't 2 summers ago equally big though? Somewhere we need to level it out, set a base and go from there.
Title: Re: Tony’s Statement.
Post by: Mister E on June 01, 2018, 07:09:00 AM
Hasn't the Doc not done the same as Lerner? - gambled all on a couple of seasons of throwing money around? And, interestingly, we have - as with the post-MON years - a number of 4 or 5 year contracts to wind down.
Title: Re: Tony’s Statement.
Post by: kippaxvilla2 on June 01, 2018, 10:52:36 PM
Tony is apparently ready to listen to offers for us now of £100m.
Title: Re: Tony’s Statement.
Post by: ozzjim on June 01, 2018, 10:53:53 PM
He ain't going to get that for it in the championship.
Title: Re: Tony’s Statement.
Post by: Newby on June 01, 2018, 10:57:07 PM
He ain't going to get that for it in the championship.

No surprise in this at all, he came, he spent, he gambled, he lost. 
Title: Re: Tony’s Statement.
Post by: ozzjim on June 01, 2018, 10:58:33 PM
If its true. Its in the star and currently sitting utter crap that's bad about villa is fair game.
Title: Re: Tony’s Statement.
Post by: pauliewalnuts on June 01, 2018, 10:59:02 PM
Tony is apparently ready to listen to offers for us now of £100m.

If he is, then that is very disappointing. It'd mean a departure at the first sight of a bit of difficulty. Which is something we should be very familiar with, sadly.
Title: Re: Tony’s Statement.
Post by: pauliewalnuts on June 01, 2018, 11:02:59 PM
https://www.waste of paper.co.uk/sport/football/transfer-news/tony-xia-aston-villa-ffp-14717203

Make sure there are no sharp objects around while you read this.
Title: Re: Tony’s Statement.
Post by: sickbeggar on June 01, 2018, 11:08:45 PM
"Scott Hogan has been disappointing and I’ve seen his contract, and that’s eye-watering. "

heh. Seriously if we're paying an average of 30,000 a week now in the championship then certain people need to consider that running a football club isn't their forte
Title: Re: Tony’s Statement.
Post by: TheMalandro on June 01, 2018, 11:11:02 PM
https://www.waste of paper.co.uk/sport/football/transfer-news/tony-xia-aston-villa-ffp-14717203

Make sure there are no sharp objects around while you read this.

Kieran Maguire, lecturer in football finance, has seen Hogan's contract.
Title: Re: Tony’s Statement.
Post by: Monty on June 01, 2018, 11:13:37 PM
https://www.waste of paper.co.uk/sport/football/transfer-news/tony-xia-aston-villa-ffp-14717203

Make sure there are no sharp objects around while you read this.

We've only f**king gone and done it again. We've thrown money around to achieve success and entrusted an old-school 'proper football bloke' and his wage-budget-inhaling signings to do it. GUESS WHAT!?! It didn't work. God almighty.
Title: Re: Tony’s Statement.
Post by: kippaxvilla2 on June 01, 2018, 11:14:30 PM
I’ve got a horrible feeling Bruce will walk away mid July or something a la MON leaving us fcuk all time to find a replacement who can sort this out.
Title: Re: Tony’s Statement.
Post by: Ads on June 01, 2018, 11:16:03 PM
Seems like it's a print what the fuck you like season at the moment.
Title: Re: Tony’s Statement.
Post by: frank black on June 01, 2018, 11:16:42 PM
He ain't going to get that for it in the championship.

No surprise in this at all, he came, he spent, he gambled, he lost. 


I wonder how much in excess of parachute payments he has spent? I dunno, just wondering? Not sure he’d get anywhere near £100 mil
Title: Re: Tony’s Statement.
Post by: kippaxvilla2 on June 01, 2018, 11:19:57 PM
I think I saw borrowings of £49m in the accounts recently.  But I might be mistaken.
Title: Re: Tony’s Statement.
Post by: Ads on June 01, 2018, 11:19:58 PM
How's he managed to see the contract?
Title: Re: Tony’s Statement.
Post by: sickbeggar on June 01, 2018, 11:21:35 PM
I assumed richards was on the most at 35,000 reduced from 70,000 in the premiership. If 30,000 is the average then they must have gone mental the last two seasons
Title: Re: Tony’s Statement.
Post by: Clampy on June 01, 2018, 11:21:43 PM
Seems like it's a print what the fuck you like season at the moment.

And people seem to believe it as well. Are we that desperate enough to believe what the Daily Star says?
Title: Re: Tony’s Statement.
Post by: kippaxvilla2 on June 01, 2018, 11:23:43 PM
Exactly it’s utterly made up nonsense.  Football Finance Expert my arse.  I remember another one coming out with the obvious a couple of years ago (when we were going down) things like ‘if villa go down they will lose a lot of money you know.’ And passing it off as some sort of investigative piece by a football finance expert.
Title: Re: Tony’s Statement.
Post by: Ads on June 01, 2018, 11:23:45 PM
Bad news is easily bought.

I'm.having a hard time believing he's seen a contract to be honest. Actual eyes on. Seems like horsehit.
Title: Re: Tony’s Statement.
Post by: kippaxvilla2 on June 01, 2018, 11:26:08 PM
Of course he could’ve rung ‘monster monster’ and said ‘any chance of seeing Hulk Hogans contract like’
Title: Re: Tony’s Statement.
Post by: sickbeggar on June 01, 2018, 11:27:16 PM
well tony himself said its severe, so depends if you think those figures are made up, or possibly can be described as "severe"
Title: Re: Tony’s Statement.
Post by: Monty on June 01, 2018, 11:28:46 PM
I'm sure a lot of what that guy says is bollocks. However, you don't need his 'testimony' to be pessimistic as hell about next season.
Title: Re: Tony’s Statement.
Post by: David_Nab on June 01, 2018, 11:33:12 PM
£100 mil sounds alot but then Forrest where brought for £50mil last season so its not totally outrageous 
Title: Re: Tony’s Statement.
Post by: Newby on June 01, 2018, 11:39:20 PM
That Star article is mostly a rehash of Tony Xia's statement.  Considering his options (in terms of selling the club) is the most obvious thing to write given that everything has its price and he is a businessman! 
Title: Re: Tony’s Statement.
Post by: ChicagoLion on June 01, 2018, 11:46:00 PM
They have sensationalized the situation.
However the underlying position regarding our a Financial condition is extremely serious.
We have got to find savings or genrperate additional profit of  around £40 million this Financial year.
We bet the farm, we lost.


Title: Re: Tony’s Statement.
Post by: mr underhill on June 02, 2018, 07:00:32 AM
sending the loan players back and selling Amavi, Gollini, Elphick, De Laet etc should at least make a reasonable start on its amelioration
Title: Re: Tony’s Statement.
Post by: pauliewalnuts on June 02, 2018, 08:37:13 AM
sending the loan players back and selling Amavi, Gollini, Elphick, De Laet etc should at least make a reasonable start on its amelioration

The only problem is it then leaves us without a squad.

Surely amavi has gone?
Title: Re: Tony’s Statement.
Post by: mr underhill on June 02, 2018, 08:46:09 AM
yes I was refering to the money which we get now I thought
Title: Re: Tony’s Statement.
Post by: ozzjim on June 02, 2018, 09:16:12 AM
http://m.chinaso.com/news_article_v3.html?app=pc&nid=http://hn.chinaso.com/finance/detail/20180524/1000200032826601527130533919882031_1.html

This seems to suggest Tony isn't in great shape.
Title: Re: Tony’s Statement.
Post by: VinnieChase84 on June 02, 2018, 09:21:05 AM
http://m.chinaso.com/news_article_v3.html?app=pc&nid=http://hn.chinaso.com/finance/detail/20180524/1000200032826601527130533919882031_1.html

This seems to suggest Tony isn't in great shape.
The good news keeps rolling. Maybe FFP is a convenient excuse and we actually don’t have a pot to piss in
Title: Re: Tony’s Statement.
Post by: kippaxvilla2 on June 02, 2018, 09:24:07 AM
All I get is a Chinese version of that article is there a translation?  I think it mentions Lotus Health.
Title: Re: Tony’s Statement.
Post by: andyh on June 02, 2018, 09:25:48 AM
It’s all clear now
Title: Re: Tony’s Statement.
Post by: Richard E on June 02, 2018, 09:40:55 AM
It’s all clear now

Not really. The FFP rules and whether or not the owner has any money are two separate issues. Even if we had all the money in the world we can't spend it.
Title: Re: Tony’s Statement.
Post by: frank black on June 02, 2018, 09:58:33 AM
Tony may have just driven our coach over a precipice whilst whistling ‘self preservation society’

Title: Re: Tony’s Statement.
Post by: Ads on June 02, 2018, 10:02:58 AM
I'll be honest that's the most heavy going article I've skim read. Yesh that's dry!

Board fighting, 15 years of losses or something.
Title: Re: Tony’s Statement.
Post by: Lastfootstamper on June 02, 2018, 10:08:13 AM
I need one of them string-line board thingys what they use in murder investigations to visualise who's who and what's what.

Also, why did it say "Sex." for no apparent reason about two-thirds of the way through? Diversionary tactic? Suggestion?
Title: Re: Tony’s Statement.
Post by: Matt Collins on June 02, 2018, 11:01:35 AM
All we know for a fact is that there are FFP rules which are definitely constraining us; that to date Xia has put in a ton of money, and that the amount hes put in is essentially right up to the limit of what he's allowed to do

None of this suggests he's broke. It will take more than a barely comprehensible article to convince me otherwise
Title: Re: Tony’s Statement.
Post by: kippaxvilla2 on June 02, 2018, 11:09:54 AM
Easy I understand now.

Mr Fung Shuai synthetic
山 desires to the full story.
In took the lotus health 3 years and 5 months after the summer and usher in another great performance. The performance of the volume out, both from the continuous supervision to ask questions, as well as creditors of the parties is very tight and summer's capital, the financial pressure.
The challenges to Mr pcicb going?
In the thick of Anhui counter-attack the creditor to the Board
on the night wind, heavy rain in the morning of May 21, came to the Zhoukou City, winds accompanied by heavy rains that fell on Lianhua Road, but by the blazing a car rolled up fitful rain mist. This gives way to the lotus on the Henan Lotus health industry co., ltd. is even more obscure.
Obscure not only the rain curtain lotus in the health of the Headquarters buildings, including Lotus health prospects.
Formerly known as the Lotus Lotus health monosodium glutamate, created in 1983, and in August 1998, and listed on the Shanghai Stock Exchange. At the beginning of 2015, the core group and the primary lotus, to build the health industry ecosystem.
Time Back to the present.
On 21 May 1996 on the same day, the lotus Health Headquarters Building No. 18 conference rooms for the Company's 2017 annual meeting of stockholders. In addition to the normal work of the board of directors, board of supervisors, the concern is the consideration of the adoption of the additional directors of the motion, Mr WONG Wai-yin Fai Law and the two new faces an official presence in the lotus health board of directors.
The two new directors have attracted a lot of attention, is the background or speak with one of the new forces -- the thickness of Anhui Province.
Public information is displayed, the Yin Fai is now acting as the thickness of Anhui Capital Management Department deputy general manager. And the king of rule-six city, Anhui Province, has long been six on public security, procuratorial system, at the end of last year, were granted early retirement. The Anhui thick control Lee thick of Anhui Province and the city of six well-known entrepreneurs and their control over the main asset is the peak property group, that is, register to 6.
As the new face of the board of directors of the seat, lotus health controlling shareholders of the Company core Hong, chairman of the Board of Directors voting only Mr Kin and I, as well as chief financial officer of the army, the number of directors is the thickness in Anhui.
The thickness of the Anhui who? How to enter the lotus health board? This is a stranger to the creditor to the Board's story, the time for only a year.
The official website of Anhui thickness, the thickness of Anhui Province was founded in 2014 with a registered capital of 25 million yuan, is approved by the Anhui Provincial Government approved the establishment of, and approved by the ministry of finance for the record and China Banking Regulatory Commission approved the publication of the first batch of domestic financial assets with a negative volume acquisition of disposal of business qualified local asset management companies. The Company is a wholly owned subsidiary of the China Orient Asset Dongxing Shanghai Investment Holding Company Limited Joint Lead, Anhui liberal arts, Shenzhen Long Run, both inside and outside the enterprise resources, Anhui Province, the benefits of the establishment.
On the business side, the thick assets to finance the acquisition of disposal of bad assets business as the core, covered by the acquisition of the management of such creditors, equity, movable and immovable property and other forms of non-performing assets, debt recovery, debt restructuring, debt, corporate restructuring, asset securitization and other methods for disposal.
Lotus health and Anhui, thick, is the first intersection in 2017, June 2001.
At that time, the lotus Health Bulletin that its controlling shareholders of the Company core and investment holding company will be the Sale Shares of 1.15 billion shares (of the Company's total share capital of 10.83%) pledge to Anhui, thick, pledge for a period of one month, the pledge registration procedure has been completed. This is equivalent to a core purpose of investment in the health of the total number of shares held by the Lotus 98.94%. For the year ended on 7 February this year, the core purpose of investment has been in the lotus health of all shares pledged to Anhui, thick.
The lotus health and Anhui, thicker than the intersection between confined to the equity pledge in respect of claims which are linked.
In early February this year, the lotus health disclosure, the Company received the FUJIAN 平 million Fung-fu Investment Management Center Partnership (limited partnership) (hereinafter referred to as the Million Fung-fu) Notification of the assignment of the claim, on the basis of a feng-fu and the thickness of the Anhui signed the contract claims, Feng-fu is the law of the Company and the Sponsor's creditors and secured rights to transfer to the Anhui, thick, the Company and the Sponsor shall submit to the Anhui States fulfill their obligations under the thick repayment. Notice that the above-mentioned claims total contract amount of $2.2 billion.
Despite the fact that the Anhui thick already appears in the lotus health's board of directors which, according to its official website conversion information, it is clear that they have their own IPO plans.
Regardless, in less than a year, Anhui, thick from Lotus health strangers to the creditor, to today's principal, location, time is short, and the speed with which it was amazing.
The Executive Chairman of dense-for-blood brother exit the lotus health
newcomers to enter and exit the old face.
Concern for the long-term investors, listed companies, the Company's announcement is an important showcase listing company letter in the window. However, Lotus Health in May 2002, is the separation from the start.
On 8 May this year, Cinch Health Bulletin published
Title: Re: Tony’s Statement.
Post by: langleylions on June 02, 2018, 03:36:24 PM
Let's all get used to the fact that Dr tone hasn't got a pot to piss in . This club was bought for peanuts ffs even blues cost more .
Title: Re: Tony’s Statement.
Post by: langleylions on June 02, 2018, 03:37:30 PM
Anybody seen Simon Jordan's article .....worrying !!!
Title: Re: Tony’s Statement.
Post by: Clampy on June 02, 2018, 03:42:32 PM
Let's all get used to the fact that Dr tone hasn't got a pot to piss in . This club was bought for peanuts ffs even blues cost more .

I don't see how much Blues cost Carson Yeung has got to do with anything.
Title: Re: Tony’s Statement.
Post by: ozzjim on June 02, 2018, 03:47:07 PM
I also think if we are this hard up financially, you only have to look around at other clubs to see that survival in the Championship for a few seasons, with a plan to build a side over time is not impossible.
Title: Re: Tony’s Statement.
Post by: Toronto Villa on June 02, 2018, 03:52:56 PM
Let's all get used to the fact that Dr tone hasn't got a pot to piss in . This club was bought for peanuts ffs even blues cost more .

And you know that how exactly? We are bound by a stupid rule tying spending to revenues, so you have no idea if can or cannot spend beyond that.
Title: Re: Tony’s Statement.
Post by: PeterWithesShin on June 02, 2018, 03:57:44 PM
I like Tony but i'm still very much on the fence about how much he actually has to invest in the club, if FFP wasn't an issue obviously. Problem is there isn't much evidence to be able to sway one way or the other, we spent money the first year but a lot was parachute payments, and FFP has stopped much further investment. I guess one of the key things will be if he's injecting the £8m cash each year that allows us to lose £13m a year.
Title: Re: Tony’s Statement.
Post by: Proposition Joe on June 02, 2018, 04:07:24 PM
You can lose an average of £13m a year in this division, so it's always £39m over a 3 year period for us now until we either leave this division or there's a rule changes. However that's only if the owner injects £8m cash into the club each year. If he doesn't then it's a £5m a year loss, so then we could only lose £15m over 3 years.

The trouble is that accounting years don't match up to football seasons. The first accounts we posted while in this division in 16/17 surely included our last year in the prem and the prem-level wages. As we were not subject to FFP in that time our losses in terms of FFP should not have been the same as the loss in our accounts, right?

In fact, the 14M loss we posted in Feb 2018 was to y/e 31st March 2017. Meaning the one we posted the year before was for prem season only. So while under FFP we have only reported one loss of 14M. Is the speculation that our second lot of accounts under FFP, to y/e 31st March 2019, will be a lot worse? If not, what's the problem?
Title: Re: Tony’s Statement.
Post by: langleylions on June 02, 2018, 04:09:51 PM
Let's all get used to the fact that Dr tone hasn't got a pot to piss in . This club was bought for peanuts ffs even blues cost more .

And you know that how exactly? We are bound by a stupid rule tying spending to revenues, so you have no idea if can or cannot spend beyond that.
and you have know idea he has got the dough have you !!!!
Title: Re: Tony’s Statement.
Post by: Matt Collins on June 02, 2018, 04:11:49 PM
Let's all get used to the fact that Dr tone hasn't got a pot to piss in . This club was bought for peanuts ffs even blues cost more .

Aaaaaaaaarrrrrggghhhhhhhh

FFP is restricting investment, it doesn’t make us ‘skint’. Xia bought the club for £57m (paid in cash), cleared £17m debt (in cash) and injected £49m cash into the club.
Title: Re: Tony’s Statement.
Post by: PeterWithesShin on June 02, 2018, 04:14:54 PM
You can lose an average of £13m a year in this division, so it's always £39m over a 3 year period for us now until we either leave this division or there's a rule changes. However that's only if the owner injects £8m cash into the club each year. If he doesn't then it's a £5m a year loss, so then we could only lose £15m over 3 years.

The trouble is that accounting years don't match up to football seasons. The first accounts we posted while in this division in 16/17 surely included our last year in the prem and the prem-level wages. As we were not subject to FFP in that time our losses in terms of FFP should not have been the same as the loss in our accounts, right?

In fact, the 14M loss we posted in Feb 2018 was to y/e 31st March 2017. Meaning the one we posted the year before was for prem season only. So while under FFP we have only reported one loss of 14M. Is the speculation that our second lot of accounts under FFP, to y/e 31st March 2019, will be a lot worse? If not, what's the problem?

FFP is ongoing for everyone. So the PL season does count. I do agree that it's awkward as the account years and seasons don't match, but I believe they take the last 2 published accounts and then the club issues a forecast for the third season. And i'm assuming they'll batter a club that takes the piss and says "oh we'll only lose a million this year" and then when the accounts are published it's actually a £50m loss.
Title: Re: Tony’s Statement.
Post by: frank black on June 02, 2018, 04:17:25 PM
Let's all get used to the fact that Dr tone hasn't got a pot to piss in . This club was bought for peanuts ffs even blues cost more .

Aaaaaaaaarrrrrggghhhhhhhh

FFP is restricting investment, it doesn’t make us ‘skint’. Xia bought the club for £57m (paid in cash), cleared £17m debt (in cash) and injected £49m cash into the club.

The 49 mil, was this money injected by Tony or was it parachute money. That’s where I stand on this, has he injected an extra 49 mil or has he just used what was available? I am not up to speed with world football much. PSG must have smashed FFP have they lost any points?
Title: Re: Tony’s Statement.
Post by: frank black on June 02, 2018, 04:19:25 PM
Just read they got a £50 mil fine. Now that’s wealthy owners!!!
Title: Re: Tony’s Statement.
Post by: Matt Collins on June 02, 2018, 04:21:09 PM
I can't say I've researched it myself but I'm told that's what companies house records say he has personally injected

When ffp restricted our ability to buy big transfers, we went out and got a load  of short term players on premier league wages

I don't know how much more he's got to invest but I can't see any evidence that he's not doing as much as he is allowed to financially
Title: Re: Tony’s Statement.
Post by: frank black on June 02, 2018, 04:26:39 PM
I suggest we take the PSG approach, sign a world star and self sponsor for multi millions. Claiming that the deals are financially commensurate because the player has put us on the world stage....

Unbelievable that they have got away with this. (So far)
Title: Re: Tony’s Statement.
Post by: Villafirst on June 02, 2018, 05:55:11 PM
I don't think Dr. Xia has put much money in at all. Transfers have been funded mainly by Parachute payments. Now that is diminishing so is the owners interest. I just don't think he has the funds required. Hiding behind FFP. Time to sell up. He screwed it up with the appointment of RDM and wasted millions on mainly average players - Kodjia excepted.
Title: Re: Tony’s Statement.
Post by: Ads on June 02, 2018, 05:58:23 PM
Xia stated none of the parachute money had been used for transfers.
Title: Re: Tony’s Statement.
Post by: frank black on June 02, 2018, 06:04:48 PM
Xia stated none of the parachute money had been used for transfers.

Where is the parachute money then? It must have been used
Title: Re: Tony’s Statement.
Post by: Lastfootstamper on June 02, 2018, 06:07:11 PM
Xia stated none of the parachute money had been used for transfers.

Where is the parachute money then? It must have been used

I believe the point of them is largely to cover the wages of PL contracts.
Title: Re: Tony’s Statement.
Post by: olaftab on June 02, 2018, 06:15:26 PM
Where is the parachute money then?
It's still floating about in the clouds not weighty enough to make the parachute land.
Title: Re: Tony’s Statement.
Post by: Ads on June 02, 2018, 06:24:06 PM
Xia stated none of the parachute money had been used for transfers.

Where is the parachute money then? It must have been used

I believe the point of them is largely to cover the wages of PL contracts.

Agreed. We came down with significant liabilities in contracts and I envisage a lot of it covered that.
Title: Re: Tony’s Statement.
Post by: Ad@m on June 02, 2018, 06:40:54 PM
I don't think Dr. Xia has put much money in at all. Transfers have been funded mainly by Parachute payments. Now that is diminishing so is the owners interest. I just don't think he has the funds required. Hiding behind FFP. Time to sell up. He screwed it up with the appointment of RDM and wasted millions on mainly average players - Kodjia excepted.

His company put £49m in according to the last accounts.
Title: Re: Tony’s Statement.
Post by: pauliewalnuts on June 02, 2018, 07:30:12 PM
I don't think Dr. Xia has put much money in at all. Transfers have been funded mainly by Parachute payments. Now that is diminishing so is the owners interest. I just don't think he has the funds required. Hiding behind FFP. Time to sell up. He screwed it up with the appointment of RDM and wasted millions on mainly average players - Kodjia excepted.

His company put £49m in according to the last accounts.

I think where it gets interesting is what he does now if he manages to raise money by selling.

Sell Grealish for 30m and he might want to extract that money to cover some of his investment now we've failed to get promoted.

That's what worries me, that 'I am a Villa fan but I am also a businessman' thing.

Title: Re: Tony’s Statement.
Post by: pauliewalnuts on June 02, 2018, 07:33:25 PM
https://twitter.com/SwissRamble/status/1001380858983534593

Interesting read.
Title: Re: Tony’s Statement.
Post by: Sexual Ealing on June 02, 2018, 07:45:40 PM
https://twitter.com/SwissRamble/status/1001380858983534593

Interesting read.

I proper fancy him.
Title: Re: Tony’s Statement.
Post by: Risso on June 02, 2018, 09:23:34 PM
I don't think Dr. Xia has put much money in at all. Transfers have been funded mainly by Parachute payments. Now that is diminishing so is the owners interest. I just don't think he has the funds required. Hiding behind FFP. Time to sell up. He screwed it up with the appointment of RDM and wasted millions on mainly average players - Kodjia excepted.

His company put £49m in according to the last accounts.

From memory, that was a loan though, and was due back within a year.  Of course, he may have rolled it over.
Title: Re: Tony’s Statement.
Post by: pauliewalnuts on June 02, 2018, 11:06:42 PM
https://twitter.com/SwissRamble/status/1001380858983534593

Interesting read.

I proper fancy him.

He's a very sensitive lover, I am told.
Title: Re: Tony’s Statement.
Post by: themossman on June 02, 2018, 11:28:31 PM
Very gentle for a man with such large hands.
Title: Re: Tony’s Statement.
Post by: VinnieChase84 on June 03, 2018, 10:07:58 PM
The shit rag are running a story that we’re in talks with a British consortium
Title: Re: Tony’s Statement.
Post by: Lastfootstamper on June 03, 2018, 10:13:46 PM
From yesterday, dbts. https://www.footballinsider247.com/tony-xia-makes-huge-100m-aston-villa-decision-report/
Title: Re: Tony’s Statement.
Post by: sickbeggar on June 03, 2018, 10:14:42 PM
heh, so a consortium who have the blackburn guy who oversaw their relegation to Div.1 and appointed Tony Mowbray?

NEXT!
Title: Re: Tony’s Statement.
Post by: dave.woodhall on June 03, 2018, 10:18:15 PM
https://www.thesun.co.uk/sport/football/6441572/consortium-set-to-launch-aston-villa-takeover-with-dr-tony-xia-ready-to-sell-after-failing-to-get-promotion/

Know it’s this rag but they are running with this

What do we say about linking to the Sun?
Title: Re: Tony’s Statement.
Post by: andyh on June 03, 2018, 10:26:00 PM
Why are they using a picture of Ashley Young. Is he buying us?
Title: Re: Tony’s Statement.
Post by: VinnieChase84 on June 03, 2018, 10:28:50 PM
https://www.thesun.co.uk/sport/football/6441572/consortium-set-to-launch-aston-villa-takeover-with-dr-tony-xia-ready-to-sell-after-failing-to-get-promotion/

Know it’s this rag but they are running with this

What do we say about linking to the Sun?

Removed the link
Title: Re: Tony’s Statement.
Post by: VinnieChase84 on June 03, 2018, 10:30:42 PM
Maybe Simon Jordan is part of it
Title: Re: Tony’s Statement.
Post by: Rudy Can't Fail on June 04, 2018, 03:13:30 AM
If I was Xia and could get my money back tomorrow, I'd dump it.
Title: Re: Tony’s Statement.
Post by: ozzjim on June 04, 2018, 06:03:08 AM
Me too. The fact Xia has not rubbished any of the looking to sell stories on Twitter yet makes me think there is some truth in there too. His normal denial speed is a few hours, this has been a few days now.
Title: Re: Tony’s Statement.
Post by: Ads on June 04, 2018, 07:06:33 AM
Good grief.

Title: Re: Tony’s Statement.
Post by: kippaxvilla2 on June 04, 2018, 07:08:58 AM
Ah well.  League 1 beckons.  A bunch of nobodies takes us over recoups their money immediately by selling everything that moves.  Goodbye millionaires row.  Welcome to the Budleigh Salterton Retirement Home for the terminally short of cash.
Title: Re: Tony’s Statement.
Post by: AsTallAsLions on June 04, 2018, 07:26:53 AM
It took Lerner forever to find a buyer, and that's when we were still PL. Even if the interest is real I can't see them succeeding, particularly when we have additional debt to absorb.
Title: Re: Tony’s Statement.
Post by: brian green on June 04, 2018, 07:30:52 AM
Budleigh Salterton?  But that's in the UK.  Much more likely the Panama City Virtual Bank Inc.  Motto "Yow ent sin me royt".
Title: Re: Tony’s Statement.
Post by: Gareth on June 04, 2018, 08:00:05 AM
These stories are always going to be written when the club take the lazy option of not trying to control the message - so far in over a week we’ve had nothing but the nonsense, say nothing at all statement from Dr T - they’ve done literally nothing to reassure or show that there is a plan going forward.

Not even a ‘we go again’

Title: Re: Tony’s Statement.
Post by: sickbeggar on June 04, 2018, 08:28:01 AM
It took Lerner forever to find a buyer, and that's when we were still PL. Even if the interest is real I can't see them succeeding, particularly when we have additional debt to absorb.

Not sure we're not a better prospect actually than when Lerner sold. I mean we lost 81m in his last season compared to 14m in Tony's first. Plus the wage bill dropped by 30m. So even with no parachute payments we're a much more stable club financially. It's just mental Tony ever bought us in the first place i reckon.
Title: Re: Tony’s Statement.
Post by: pauliewalnuts on June 04, 2018, 08:42:40 AM
If he wants to sell, that's a pretty flaky type of buyer we attract.

All that 'OMG WE R GOING TO BUILD A SMART CITY IN ASTON11!!?1" and hinting we are getting a new North stand of exceptional beauty to "oh noes we didn't get promoted, I can't afford this, we've got to sell all the players, I'm off".

It's like that utter fucking chancer Lerner with his "we will be here thick or thin" which led to him bolting at the first sign of trouble but not before having utterly enfeebled the club.

What an absolute mess.
Title: Re: Tony’s Statement.
Post by: Chico Hamilton III on June 04, 2018, 09:36:22 AM
If he wants to sell, that's a pretty flaky type of buyer we attract.

All that 'OMG WE R GOING TO BUILD A SMART CITY IN ASTON11!!?1" and hinting we are getting a new North stand of exceptional beauty to "oh noes we didn't get promoted, I can't afford this, we've got to sell all the players, I'm off".

It's like that utter fucking chancer Lerner with his "we will be here thick or thin" which led to him bolting at the first sign of trouble but not before having utterly enfeebled the club.

What an absolute mess.

A few people ( quite a few of us, in fact) raised concerns about Xia when he took over and were shouted down on here for daring to question him and his background.
Title: Re: Tony’s Statement.
Post by: aj2k77 on June 04, 2018, 09:42:19 AM
We're not taking an article in the Sun serious are we?
Title: Re: Tony’s Statement.
Post by: chrisw1 on June 04, 2018, 09:44:31 AM
I think I'll wait for a few better sources than a shitrag sun throwaway article before getting too worked up about this.
Title: Re: Tony’s Statement.
Post by: Chico Hamilton III on June 04, 2018, 09:53:00 AM
It was comments from a former board member that worried me when Xia took over. I haven’t read the Sun article. I don’t read The Sun
Title: Re: Tony’s Statement.
Post by: Ads on June 04, 2018, 10:05:32 AM
It seems a whole lot of conjecture from the Daily Star.

Title: Re: Tony’s Statement.
Post by: mattjpa on June 04, 2018, 10:29:40 AM
Although this has been published in the rag, Simon Jordan hinted there are big things bubbling away behind the scenes concerning us that he could not talk about.

Over the past 6 months he has been immensely complimentary about us and has also been absolutely hammering BCFC in the public eye. I have been wondering why he had such beef with them, maybe it has a PR element about it. 
Title: Re: Tony’s Statement.
Post by: LeeB on June 04, 2018, 10:34:53 AM
Although this has been published in the rag, Simon Jordan hinted there are big things bubbling away behind the scenes concerning us that he could not talk about.

Over the past 6 months he has been immensely complimentary about us and has also been absolutely hammering BCFC in the public eye. I have been wondering why he had such beef with them, maybe it has a PR element about it. 

At least we could be sure we'd never get Trevor Francis in as manager.
Title: Re: Tony’s Statement.
Post by: sirlordbaltimore on June 04, 2018, 10:36:11 AM
Although this has been published in the rag, Simon Jordan hinted there are big things bubbling away behind the scenes concerning us that he could not talk about.

But how the hell would that fruitcake know anything about what's going on at Villa ?

Title: Re: Tony’s Statement.
Post by: Archivist on June 04, 2018, 10:43:22 AM
Although this has been published in the rag, Simon Jordan hinted there are big things bubbling away behind the scenes concerning us that he could not talk about.

But how the hell would that fruitcake know anything about what's going on at Villa ?

Seems to me that most in charge of the Villa have little idea about what is going on!
Title: Re: Tony’s Statement.
Post by: Ads on June 04, 2018, 10:43:52 AM
What makes you say that?
Title: Re: Tony’s Statement.
Post by: ozzjim on June 04, 2018, 10:51:37 AM
Usually you would dismiss all this as rubbish, but Tony has been very quick on social media to put people straight. His silence on this speaks volumes.
Title: Re: Tony’s Statement.
Post by: Ads on June 04, 2018, 10:54:04 AM
I think you're reading an incredible amount into him not being vocal on Twitter. He hasn't been as talkative for a while now.
Title: Re: Tony’s Statement.
Post by: LeeS on June 04, 2018, 11:04:03 AM
Anyone who buys a football club needs to have their business credentials questioned. As far as I can tell, the only person in history to make money out of owning a club was HDE.
Title: Re: Tony’s Statement.
Post by: Chris Harte on June 04, 2018, 11:38:30 AM
Usually you would dismiss all this as rubbish, but Tony has been very quick on social media to put people straight. His silence on this speaks volumes.
Well he's back in Beijing, presumably behind the big Chinese firewall. And as it's in The Sun, I still think it's horseshit.
Title: Re: Tony’s Statement.
Post by: old man villa fan on June 04, 2018, 11:40:15 AM
I think at this point in time, Xia does not want to get into a kick by kick account of what is going on. No doubt there are many away from the Club on holidays.

Would be interesting to know when they were all due to get together again.
Title: Re: Tony’s Statement.
Post by: mattjpa on June 04, 2018, 12:04:24 PM
Although this has been published in the rag, Simon Jordan hinted there are big things bubbling away behind the scenes concerning us that he could not talk about.

But how the hell would that fruitcake know anything about what's going on at Villa ?



I think its more likely that he knows of something outside of Villa, through his connections within the game. Similarly, if TX was open to the possibility of offloading, someone like Jordan would come to hear of it.
 
Title: Re: Tony’s Statement.
Post by: Gareth on June 04, 2018, 12:15:05 PM
Half a day since a national newspaper (100% a rag but one that is read, lord knows why but it is), published an article that undermines the whole ownership of the football club with no response.

The management of the football club since the final whistle at Wembley has been as bad as the management that presided over that first 45 mins....guess the money in the bank from season ticket sales allows a degree of complacency when communicating with the supporter base.

A bit of bullishness wouldnt go amiss.

Holiday is no excuse, someone is in charge.....lead!
Title: Re: Tony’s Statement.
Post by: Ads on June 04, 2018, 12:17:40 PM
You seriously think there should be a response for every bit of speculative garbage?
Title: Re: Tony’s Statement.
Post by: Behind Bluenose Lines on June 04, 2018, 12:25:59 PM
Talksport have just been talking about the subject, also pointing out that there's been no word from Dr Tony.

Buckets to be passed round the Holte End in five years time to keep us afloat....?
Title: Re: Tony’s Statement.
Post by: Gareth on June 04, 2018, 12:29:49 PM
If they’d said something meaningful in the 8 days since Wembley those type of articles would have 0% credence - the radio silence makes you wonder if there is something in it, the source makes you believe there isn’t....so yes, the club needs leadership, it pays leaders very good salaries to lead so they need to manage the message.
Title: Re: Tony’s Statement.
Post by: Ads on June 04, 2018, 12:35:24 PM
But there has been word. There's been a statement.
Title: Re: Tony’s Statement.
Post by: Gareth on June 04, 2018, 12:45:50 PM
You missed the word ‘meaningful’ out of my previous post.

Statement said nothing.
Title: Re: Tony’s Statement.
Post by: Jon Crofts on June 04, 2018, 12:47:20 PM

(https://thumb.ibb.co/jVZkQ8/5_C9825_A8_50_D2_4_C9_A_B366_942_E432676_B6.jpg) (https://ibb.co/jVZkQ8)
Title: Re: Tony’s Statement.
Post by: Clampy on June 04, 2018, 12:50:55 PM
I find it hard to believe that he'd make a statement when he talks about getting back on our feet and trying again, only to think about selling up a few days later.
Title: Re: Tony’s Statement.
Post by: David_Nab on June 04, 2018, 12:57:29 PM
https://www.waste of paper.co.uk/sport/football/football-news/truth-behind-aston-villa-takeover-14740970

Quote
Tony Xia wants to breathe fresh life into Aston Villa and will only consider selling up as a last resort, BirminghamLive understands.

The vultures are circulating around Villa following the play-off final defeat to Fulham and potential investors believe they could purchase the club for a cut-price fee.


As many as FOUR different groups are interested in the Championship outfit, sources have told us, but Villa have received no offers at this stage.

There has also been no contact from the British-based consortium linked with a takeover bid in The Sun last night.

Meanwhile, back in China, Xia is exploring options to fund the 2018/19 campaign and help make Villa a success.

But with a limit on capital outflow, moving money out of his homeland has become increasingly difficult in recent times.

It’s one of the reasons why Villa have had to cut back in recent transfer windows.

Financial Fair Play is also another major problem. Last week we reported that Villa need to find £40million to fall in line with the regulations and it’s becoming apparent that a sale of Jack Grealish is inevitable.
The situation around Villa’s star man is sensitive.

He’s hurting as much as any fan right now after failing to win promotion back to the Premier League and faces a gut-wrenching decision about moving on.

Unusually, though, a departure might actually be the best thing for the club going forward.

Okay, so they lose their prized asset and the one die-hard fan remaining in the team.

But a transfer fee of around £30million would go some way to filling the black hole left by previous years of over-spending and the reduced parachute payments.

Villa have let John Terry and Gabby Agbonlahor go this summer and will not be able to sign any of the five loan players they had last season on permanent deals.
Xia warned of changes ahead in a carefully-worded statement last week and has since kept quiet as supporters bombard his Twitter page with questions about the future.

The Villa owner has invested around £150million in the club already following the takeover in 2016.

He considered buying other clubs in England before changing hands with Randy Lerner following relegation from the top-flight.

But it was that ‘love at first sight’ feeling that convinced him to purchase the claret and blues.

He still remains committed to Villa and wants to get the club back on the right track.

Reality has kicked in somewhat, though, following the Wembley defeat and another campaign in the Championship ahead.


That’s why potential new owners are monitoring the situation at Villa - and putting the feelers out to see whether Xia would sell.

It’s understood that selling would be an option, but only if he was able to get the money back that he paid for Villa two years ago.

For that to happen, though, Villa would need to receive a bid of around £80million and so far that hasn't been forthcoming.

Even if it was, there’s no guarantees that he would part ways after just two seasons, either.

A difficult summer lies ahead but Xia is committed to getting Villa prepared for the season ahead.

Losing Grealish - and maybe other top players - will kickstart the rebuild and then Villa can focus on what’s next.

Title: Re: Tony’s Statement.
Post by: john2710 on June 04, 2018, 12:59:11 PM
It's much more likely to be a few chancers who see a possibility of making a killing and floating the idea to the press, than anything else.

Come August 4th I'd expect Dr X & Bruce to still be in place but what the squad will look like is anyone's guess.
Title: Re: Tony’s Statement.
Post by: Clampy on June 04, 2018, 01:01:49 PM
If they’d said something meaningful in the 8 days since Wembley those type of articles would have 0% credence - the radio silence makes you wonder if there is something in it, the source makes you believe there isn’t....so yes, the club needs leadership, it pays leaders very good salaries to lead so they need to manage the message.

Out of interest, what do you mean by 'radio silence'?
Title: Re: Tony’s Statement.
Post by: Chris Harte on June 04, 2018, 01:07:36 PM
So first The Sun, now the Mail saying the opposite. You all realise this is all an exercise in sports journalists filling the requisite column inches in their respective rags, yeah?
Title: Re: Tony’s Statement.
Post by: Jon Crofts on June 04, 2018, 01:20:11 PM
So first The Sun, now the Mail saying the opposite. You all realise this is all an exercise in sports journalists filling the requisite column inches in their respective rags, yeah?

And driving traffic to their click bait laden websites.
Title: Re: Tony’s Statement.
Post by: LeeS on June 04, 2018, 01:43:17 PM
So first The Sun, now the Mail saying the opposite. You all realise this is all an exercise in sports journalists filling the requisite column inches in their respective rags, yeah?

100% agree. We've all been following football for years and yet somehow we fall for the same bollocks every time. Or some of us do.
Title: Re: Tony’s Statement.
Post by: onje_villa on June 04, 2018, 02:41:15 PM
God any visit to the mail's website is a truly painful experience.
Title: Re: Tony’s Statement.
Post by: AsTallAsLions on June 04, 2018, 02:48:10 PM
So first The Sun, now the Mail saying the opposite. You all realise this is all an exercise in sports journalists filling the requisite column inches in their respective rags, yeah?

"Journalists" Chris!
Title: Re: Tony’s Statement.
Post by: stuart445 on June 04, 2018, 02:57:47 PM
But there has been word. There's been a statement.

Yes but some people want a statement every day, obviously if that happened then people would be moaning that an hour has gone by without a statement.
Title: Re: Tony’s Statement.
Post by: dave.woodhall on June 04, 2018, 03:04:14 PM
I wonder if every set of supporters are so anxious to hear something all the time and if not, whether this all stems from the old board's early days when they seemed to have an open line to everybody with an internet connection. 
Title: Re: Tony’s Statement.
Post by: Bren'd on June 04, 2018, 03:20:28 PM
Any statement made by the Dr means we are skint/being sold/ selling all our best players.  lack of a dailly statement by the Dr means we are skint/being sold selling all our best players.



Title: Re: Tony’s Statement.
Post by: robleflaneur on June 04, 2018, 03:24:54 PM
Any statement made by the Dr means we are skint/being sold/ selling all our best players.  lack of a dailly statement by the Dr means we are skint/being sold selling all our best players.
Might be the case .But I demand to know how skint we are,who are we selling to and what players are being sold...now.
Title: Re: Tony’s Statement.
Post by: Toronto Villa on June 04, 2018, 03:31:41 PM
I wonder if every set of supporters are so anxious to hear something all the time and if not, whether this all stems from the old board's early days when they seemed to have an open line to everybody with an internet connection. 

It might have create some heightened expectations regarding communication and in turn be driving behaviour for some. Truth is it probably happens to some degree (less or more) at every club, and there is no way it will please everyone. The board says nothing cue skepticism and cynicism from some. The board says something it will prompt the same. The majority don't jump up and down, are concerned but don't hang off every word, and don't read all between the lines trying to find a hidden meaning or something that just isn't there.
Title: Re: Tony’s Statement.
Post by: dave.woodhall on June 04, 2018, 03:36:31 PM
I wonder if every set of supporters are so anxious to hear something all the time and if not, whether this all stems from the old board's early days when they seemed to have an open line to everybody with an internet connection. 

It might have create some heightened expectations regarding communication and in turn be driving behaviour for some. Truth is it probably happens to some degree (less or more) at every club, and there is no way it will please everyone. The board says nothing cue skepticism and cynicism from some. The board says something it will prompt the same. The majority don't jump up and down, are concerned but don't hang off every word, and don't read all between the lines trying to find a hidden meaning or something that just isn't there.

I suppose a lot of it is also down to the modern need for information to fill every gap in the internet, and to get it NOW. One story has to be credible and can be refuted. A hundred will be 99% rubbish and not worth dignifying with a reply. 
Title: Re: Tony’s Statement.
Post by: Risso on June 04, 2018, 03:45:34 PM
I wonder if every set of supporters are so anxious to hear something all the time and if not, whether this all stems from the old board's early days when they seemed to have an open line to everybody with an internet connection. 

Of course they are.  It's why owners and players have hundreds of thousands of followers on social media.  People are used to minute by minute updates on everything in life, such is the information overload that is the modern world. As the saying goes, nature abhors a vacuum, and the Twitter generation abhors not being given updates every few seconds.
Title: Re: Tony’s Statement.
Post by: Chris Harte on June 04, 2018, 04:03:41 PM
So first The Sun, now the Mail saying the opposite. You all realise this is all an exercise in sports journalists filling the requisite column inches in their respective rags, yeah?

"Journalists" Chris!
What I said, ATAL.
Title: Re: Tony’s Statement.
Post by: ChicagoLion on June 04, 2018, 04:32:11 PM
I wonder if every set of supporters are so anxious to hear something all the time and if not, whether this all stems from the old board's early days when they seemed to have an open line to everybody with an internet connection.
I think the last 3 years of Lerner has left deep scars and probably engendered a higher level of paranoia.
Other than Sunderland Has another high profile club recently traumatized its supporters as much as Villa have?
Add the internet era which this site is part of.
Title: Re: Tony’s Statement.
Post by: old man villa fan on June 04, 2018, 05:04:05 PM
I wonder if every set of supporters are so anxious to hear something all the time and if not, whether this all stems from the old board's early days when they seemed to have an open line to everybody with an internet connection.
I think the last 3 years of Lerner has left deep scars and probably engendered a higher level of paranoia.
Other than Sunderland Has another high profile club recently traumatized its supporters as much as Villa have?
Add the internet era which this site is part of.

Leeds, Leeds, Leeds.
Title: Re: Tony’s Statement.
Post by: ChicagoLion on June 04, 2018, 05:06:23 PM
I wonder if every set of supporters are so anxious to hear something all the time and if not, whether this all stems from the old board's early days when they seemed to have an open line to everybody with an internet connection.
I think the last 3 years of Lerner has left deep scars and probably engendered a higher level of paranoia.
Other than Sunderland Has another high profile club recently traumatized its supporters as much as Villa have?
Add the internet era which this site is part of.
It’s some time since they were in the top flight but I get what you are saying.

Leeds, Leeds, Leeds.
Title: Re: Tony’s Statement.
Post by: Toronto Villa on June 04, 2018, 05:46:36 PM
I wonder if every set of supporters are so anxious to hear something all the time and if not, whether this all stems from the old board's early days when they seemed to have an open line to everybody with an internet connection. 

It might have create some heightened expectations regarding communication and in turn be driving behaviour for some. Truth is it probably happens to some degree (less or more) at every club, and there is no way it will please everyone. The board says nothing cue skepticism and cynicism from some. The board says something it will prompt the same. The majority don't jump up and down, are concerned but don't hang off every word, and don't read all between the lines trying to find a hidden meaning or something that just isn't there.

I suppose a lot of it is also down to the modern need for information to fill every gap in the internet, and to get it NOW. One story has to be credible and can be refuted. A hundred will be 99% rubbish and not worth dignifying with a reply. 

Well that's the issue with 24 hour everything. The principle of time hasn't changed just that you can make a minute stretch for eternity when you keep clicking refresh. And the mind can play incredible tricks and take you to dark places. We're all devastated by how things transpired this season, and now with the consequences it's almost natural as football fans and especially us lot who have seen close to 10 years of decline to fear the worst. The end of Doug was meant to herald the "Bright Future". Instead "Bright Future" for us has almost come to mean almost the exact opposite of its intent or at minimum a term trampled on and treated with a degree of contempt.
Title: Re: Tony’s Statement.
Post by: kippaxvilla2 on June 04, 2018, 05:51:27 PM
For what it’s worth the friendly Meaning Evil are now saying that the British consortium mentioned is bollocks, that Tony will only ever sell as a last resort and is now in China trying to think of ways of reenergising us.
Title: Re: Tony’s Statement.
Post by: PaulWinch again on June 04, 2018, 06:10:17 PM
For what it’s worth the friendly Meaning Evil are now saying that the British consortium mentioned is bollocks, that Tony will only ever sell as a last resort and is now in China trying to think of ways of reenergising us.

I can think of a couple of ways.
Title: Re: Tony’s Statement.
Post by: Toronto Villa on June 04, 2018, 06:32:15 PM
For what it’s worth the friendly Meaning Evil are now saying that the British consortium mentioned is bollocks, that Tony will only ever sell as a last resort and is now in China trying to think of ways of reenergising us.

I can think of a couple of ways.

Does one of them involve making a spectator sport out of cutting open Micah Richards and Ross McCormack in the winter and using their insides for warmth like Han Solo did to the TaunTaun in Empire?
Title: Re: Tony’s Statement.
Post by: Ads on June 04, 2018, 06:42:10 PM
No point in flogging McCormack as far as FFP goes. Seen elsewhere that a 4m sale represents £166k profit.
Title: Re: Tony’s Statement.
Post by: Little Class on June 04, 2018, 07:38:09 PM
Plus £2m in wages at least
Title: Re: Tony’s Statement.
Post by: SoccerHQ on June 04, 2018, 08:11:11 PM
Interesting little line in that article that hasn't really been picked up on here. Apparently China are stopping/limiting some of their residents moving capital out to foreign ventures so guess this is an additional problem we have on top of FFP now.
Title: Re: Tony’s Statement.
Post by: cheltenhamlion on June 04, 2018, 08:15:08 PM
Interesting little line in that article that hasn't really been picked up on here. Apparently China are stopping/limiting some of their residents moving capital out to foreign ventures so guess this is an additional problem we have on top of FFP now.

Depends what for. Infrastructure isn't an issue (redeveloping the local area). Pissing it away on John Terry's wages, not so much.
Title: Re: Tony’s Statement.
Post by: SoccerHQ on June 04, 2018, 09:34:38 PM
Interesting little line in that article that hasn't really been picked up on here. Apparently China are stopping/limiting some of their residents moving capital out to foreign ventures so guess this is an additional problem we have on top of FFP now.

Depends what for. Infrastructure isn't an issue (redeveloping the local area). Pissing it away on John Terry's wages, not so much.

The key needs to be getting the first team competitive for another promotion push so it's obviously another barrier to that we could do without.
Title: Re: Tony’s Statement.
Post by: Ads on June 04, 2018, 09:35:58 PM
Plus £2m in wages at least

The FFP profit includes that.
Title: Re: Tony’s Statement.
Post by: kippaxvilla2 on June 04, 2018, 10:12:14 PM
Meanwhile, back in China, Xia is exploring options to fund the 2018/19 campaign and help make Villa a success.

But with a limit on capital outflow, moving money out of his homeland has become increasingly difficult in recent times.
Title: Re: Tony’s Statement.
Post by: ChicagoLion on June 04, 2018, 11:04:26 PM
Millions move out of China every day. They are trying to clamp down on certain types of capital outflows,
Xia would have had approval at a pretty high level to make the initial investment so I don’t think this is a problem at this time.
Title: Re: Tony’s Statement.
Post by: Gareth on June 05, 2018, 10:04:12 AM
If they’d said something meaningful in the 8 days since Wembley those type of articles would have 0% credence - the radio silence makes you wonder if there is something in it, the source makes you believe there isn’t....so yes, the club needs leadership, it pays leaders very good salaries to lead so they need to manage the message.

Out of interest, what do you mean by 'radio silence'?

I don’t regard Dr T’s statement as anything of substance because it said nothing so for me radio silence is not trying to control the speculation, zero word from chief exec who is paid to lead.
Title: Re: Tony’s Statement.
Post by: dave.woodhall on June 05, 2018, 10:07:04 AM
If they’d said something meaningful in the 8 days since Wembley those type of articles would have 0% credence - the radio silence makes you wonder if there is something in it, the source makes you believe there isn’t....so yes, the club needs leadership, it pays leaders very good salaries to lead so they need to manage the message.

Out of interest, what do you mean by 'radio silence'?

I don’t regard Dr T’s statement as anything of substance because it said nothing so for me radio silence is not trying to control the speculation, zero word from chief exec who is paid to lead.

That's a bit like the times when a question was asked and Doug/Mark Ansell, then Faulkner/Krulak/Fox gave the wrong answer so "They don't answer our questions". There's been one risible story about a takeover that was denied and nothing else has happened to comment on. 
Title: Re: Tony’s Statement.
Post by: Gareth on June 05, 2018, 10:42:23 AM
If they’d said something meaningful in the 8 days since Wembley those type of articles would have 0% credence - the radio silence makes you wonder if there is something in it, the source makes you believe there isn’t....so yes, the club needs leadership, it pays leaders very good salaries to lead so they need to manage the message.

Out of interest, what do you mean by 'radio silence'?

I don’t regard Dr T’s statement as anything of substance because it said nothing so for me radio silence is not trying to control the speculation, zero word from chief exec who is paid to lead.

That's a bit like the times when a question was asked and Doug/Mark Ansell, then Faulkner/Krulak/Fox gave the wrong answer so "They don't answer our questions". There's been one risible story about a takeover that was denied and nothing else has happened to comment on.

That is true :-)

I guess what I hoped to see was the club come out on the front foot, clarify Bruce’s position either way quickly, address FFP & reassure that it wouldn’t be a fire sale of the couple of players who have enjoyed watching this season.

In hindsight maybe a touch unrealistic :-)
Title: Re: Tony’s Statement.
Post by: dave.woodhall on June 05, 2018, 10:45:36 AM
They'd probably say that you can't be too specific because events can be unpredictable.
Title: Re: Tony’s Statement.
Post by: Gareth on June 05, 2018, 11:09:17 AM
Sure they would & there are a lot of unknowns between now and when season kicks off / transfer window closes and then the loan window closes - think I’m just getting impatient.

Title: Re: Tony’s Statement.
Post by: Drummond on June 05, 2018, 11:43:28 AM
And why do they need to clarify Bruce's position?

He's our manager until advised otherwise.
Title: Re: Tony’s Statement.
Post by: john e on June 05, 2018, 12:26:09 PM
And why do they need to clarify Bruce's position?

He's our manager until advised otherwise.

isn’t that the case for every manager ever at every club for all times
Title: Re: Tony’s Statement.
Post by: AsTallAsLions on June 05, 2018, 02:30:05 PM
And why do they need to clarify Bruce's position?

He's our manager until advised otherwise.

isn’t that the case for every manager ever at every club for all times

John I think you just opened a wormhole with that sentence
Title: Re: Tony’s Statement.
Post by: The Edge on June 05, 2018, 02:43:13 PM
Does anyone know if FFP also controls investment in infrastructure? Because if it doesn't I think now would be the time to show us fans and the rest of the world that Aston Villa far from being a fading has been of a club is still intent on being a major force in football. Show us the plans for the stadium. We need SOMETHING to get excited about. Show us you mean business Tony & Recon. Tell the fans they need to back the club now more than ever and get the ball rolling.
Title: Re: Tony’s Statement.
Post by: sirlordbaltimore on June 05, 2018, 02:53:52 PM
Does anyone know if FFP also controls investment in infrastructure? Because if it doesn't I think now would be the time to show us fans and the rest of the world that Aston Villa far from being a fading has been of a club is still intent on being a major force in football. Show us the plans for the stadium. We need SOMETHING to get excited about. Show us you mean business Tony & Recon. Tell the fans they need to back the club now more than ever and get the ball rolling.

I can only speak for myself, but what point would there be in showing us plans for a new stand if it's only ever going to happen if we ever get promoted ?

I think we have far more pressing issues to deal with personally



Title: Re: Tony’s Statement.
Post by: Smirker on June 05, 2018, 02:59:30 PM
Because we need something to get excited about and the fans want to see it.

It's only some renders?

Title: Re: Tony’s Statement.
Post by: KevinGage on June 05, 2018, 03:08:53 PM
If they’d said something meaningful in the 8 days since Wembley those type of articles would have 0% credence - the radio silence makes you wonder if there is something in it, the source makes you believe there isn’t....so yes, the club needs leadership, it pays leaders very good salaries to lead so they need to manage the message.

Out of interest, what do you mean by 'radio silence'?

I don’t regard Dr T’s statement as anything of substance because it said nothing so for me radio silence is not trying to control the speculation, zero word from chief exec who is paid to lead.

That's a bit like the times when a question was asked and Doug/Mark Ansell, then Faulkner/Krulak/Fox gave the wrong answer so "They don't answer our questions". There's been one risible story about a takeover that was denied and nothing else has happened to comment on.

That is true :-)

I guess what I hoped to see was the club come out on the front foot, clarify Bruce’s position either way quickly, address FFP & reassure that it wouldn’t be a fire sale of the couple of players who have enjoyed watching this season.

In hindsight maybe a touch unrealistic :-)

No, it's what I was hoping for too.

We were hurting after the Play Off final, so if ever there was a time to galvanise the support base it was then.

Instead, Dr Ghost was straight into a spiel about operating as a sustainable football club. Well yes, absolutely. But that will be far easier in the top flight than dicking about the Championship (or lower) as per Leeds, Wednesday etc for the next few years.

Common sense tells you that we wouldn't be spending anywhere near what we did overall in 2016/17 or even last year.  But perception is everything. That statement suggests the period of us actively trying to get out of this division is over and we're back in Lerner sell to buy territory (only worse). If we are rethinking the last ten years there were plenty of lessons to learn from that cack-handed approach. It wasn't a particularly clever strategy back then, I don't see why Ver 2.0 will be a whole pile better.  Even if you do need to sell to buy, you don't broadcast that to the world and his wife. Driving down the value of the few saleable assets you may possess and simultaneously telling the world you are done as a competitive force.

Title: Re: Tony’s Statement.
Post by: sirlordbaltimore on June 05, 2018, 03:09:22 PM
Because we need something to get excited about and the fans want to see it.

I don't know anyone that's aching to see it. I haven't even given it a second thought myself. It's just a stand. Seeing some elaborate plans for something we probably wont see for another five years at least wont give me a spring in the step i'm sure. Give the North Stand a jet wash by all means though.

As a supporter, i already know i need to be behind the club more than ever right now, and i'm just counting down the days til kick off so I can get back down Villa Park and get behind whatever side is on the pitch come August.

No drawings of new stands and dreams of increased capacity that we'll never need will make any difference in all honesty.

Title: Re: Tony’s Statement.
Post by: ChicagoLion on June 05, 2018, 03:14:44 PM
Does anyone know if FFP also controls investment in infrastructure? Because if it doesn't I think now would be the time to show us fans and the rest of the world that Aston Villa far from being a fading has been of a club is still intent on being a major force in football. Show us the plans for the stadium. We need SOMETHING to get excited about. Show us you mean business Tony & Recon. Tell the fans they need to back the club now more than ever and get the ball rolling.
No FFP does not control investment on infrastructure.
Title: Re: Tony’s Statement.
Post by: brian green on June 05, 2018, 03:16:24 PM
Absolutely KG.  Could not agree more.  The dog that does not bark in the night.  Silences can often tell you more than the most lengthy and professionally crafted press releases can.
Title: Re: Tony’s Statement.
Post by: VinnieChase84 on June 05, 2018, 04:41:53 PM
We’re in a mess


(https://thumb.ibb.co/hjPkdT/FA1_EDDAF_F543_4_A11_932_B_A516355095_FF.png) (https://ibb.co/hjPkdT)
Title: Re: Tony’s Statement.
Post by: Richard E on June 05, 2018, 04:49:11 PM
He’s definitely been suspended. The rest who knows?
Title: Re: Tony’s Statement.
Post by: PaulWinch again on June 05, 2018, 04:49:38 PM
God almighty.
Title: Re: Tony’s Statement.
Post by: Three Spires Villa on June 05, 2018, 04:52:39 PM
We’re is this coming from ??
Title: Re: Tony’s Statement.
Post by: The Edge on June 05, 2018, 05:44:44 PM
Because we need something to get excited about and the fans want to see it.

I don't know anyone that's aching to see it. I haven't even given it a second thought myself. It's just a stand. Seeing some elaborate plans for something we probably wont see for another five years at least wont give me a spring in the step i'm sure. Give the North Stand a jet wash by all means though.

As a supporter, i already know i need to be behind the club more than ever right now, and i'm just counting down the days til kick off so I can get back down Villa Park and get behind whatever side is on the pitch come August.

No drawings of new stands and dreams of increased capacity that we'll never need will make any difference in all honesty.
I merely mentioned it because the Club and fans are in need of a good news story right now. Obviously in the light of the Wyness revelations the club have more pressing problems but this does highlight my point. Were in desperate need of some positive news.
Title: Re: Tony’s Statement.
Post by: Smirker on June 05, 2018, 05:46:29 PM
Agree Edge.
Title: Re: Tony’s Statement.
Post by: Drummond on June 05, 2018, 05:46:41 PM
And why do they need to clarify Bruce's position?

He's our manager until advised otherwise.

isn’t that the case for every manager ever at every club for all times

Yes. Exactly.
Title: Re: Tony’s Statement.
Post by: Archivist on June 05, 2018, 05:58:56 PM
What makes you say that?

Let's call it a wild stab in the dark!
Title: Re: Tony’s Statement.
Post by: Villafirst on June 05, 2018, 06:01:24 PM
As if things couldn't get any worse....idiots in charge of our great club. A disgrace and an embarrassment.
Title: Re: Tony’s Statement.
Post by: Drummond on June 05, 2018, 06:01:37 PM
What makes you say that?

Let's call it a wild stab in the dark!

I had one of those once, she was fit.
Title: Re: Tony’s Statement.
Post by: Villafirst on June 05, 2018, 06:06:55 PM
A club with a billionaire owner (supposedly) facing a winding up order! You couldn't make it up!
Title: Re: Tony’s Statement.
Post by: Archivist on June 05, 2018, 06:09:13 PM
What makes you say that?

Let's call it a wild stab in the dark!


I had one of those once, she was fit.

Thank you Drummond for cheering me up in this dark hour!
Title: Re: Tony’s Statement.
Post by: Ads on June 05, 2018, 06:14:18 PM
A club with a billionaire owner (supposedly) facing a winding up order! You couldn't make it up!

I've had HCE in the office of every insurer going too. They're multi billion pound institutions.

It's embarrassing for sure, but I won't panic yet. Or ever mind. Play the card you're dealt.
Title: Re: Tony’s Statement.
Post by: Newby on June 05, 2018, 06:20:53 PM
What makes you say that?

Let's call it a wild stab in the dark!

I had one of those once, she was fit.

How do you know she was fit, if it was dark?
Title: Re: Tony’s Statement.
Post by: Clampy on June 05, 2018, 06:21:48 PM
What makes you say that?

Let's call it a wild stab in the dark!

I had one of those once, she was fit.

How do you know she was fit, if it was dark?

Could have been Brian May.
Title: Re: Tony’s Statement.
Post by: CT on June 05, 2018, 06:30:28 PM
What makes you say that?

Let's call it a wild stab in the dark!

I had one of those once, she was fit.

How do you know she was fit, if it was dark?

Could have been Brian May.

Or Theresa May.
Title: Re: Tony’s Statement.
Post by: Villafirst on June 05, 2018, 06:35:23 PM
And I thought Lerner, Faulkner and company were incompetent!
Title: Re: Tony’s Statement.
Post by: Tokyo Sexwhale on June 05, 2018, 06:41:44 PM
And I thought Lerner, Faulkner and company were incompetent!

They were.  But at least Lerner had deep enough pockets to pay for it.
Title: Re: Tony’s Statement.
Post by: aj2k77 on June 05, 2018, 06:44:07 PM
Dr Tone is skint, the mask has fallen.
Title: Re: Tony’s Statement.
Post by: Jon Crofts on June 05, 2018, 06:49:51 PM
Tony Xia, come on down.
Title: Re: Tony’s Statement.
Post by: Archivist on June 05, 2018, 06:50:27 PM
I guess on the bright side there are a few league 1, 2 and Conference grounds I have never done. I will go whatever.
Title: Re: Tony’s Statement.
Post by: villa `cross the mersey on June 05, 2018, 06:54:09 PM
Tony Xia, come on down.
Let's hope the guy is not Hong Kong Phoney - look how we mocked Small Heath and their hairdresser owner
Title: Re: Tony’s Statement.
Post by: ozzjim on June 05, 2018, 07:22:29 PM
We are fucked aren't we!
Title: Re: Tony’s Statement.
Post by: Archivist on June 05, 2018, 07:27:31 PM
We are fucked aren't we!

No, I have offered 50p for the stadium naming rights next year
Title: Re: Tony’s Statement.
Post by: four fornicholl on June 05, 2018, 07:29:19 PM
We are fucked aren't we!

No, I have offered 50p for the stadium naming rights next year
And where are you finding that?
Title: Re: Tony’s Statement.
Post by: Richard E on June 05, 2018, 07:29:28 PM
We are fucked aren't we!
No. Being f*cked generally involves at least a brief moment of pleasure.
Title: Re: Tony’s Statement.
Post by: Archivist on June 05, 2018, 07:30:42 PM
We are fucked aren't we!

No, I have offered 50p for the stadium naming rights next year
And where are you finding that?

Just sold my season ticket back :)
Title: Re: Tony’s Statement.
Post by: kippaxvilla2 on June 05, 2018, 07:34:20 PM
Hearing from several sources now that Aston Villa's financial difficulties are serious. This could very well lead to administration unless a buyer steps in to rescue it. Whether Xia would talk sensible numbers, though, is quite another matter. #AVFC
Title: Re: Tony’s Statement.
Post by: four fornicholl on June 05, 2018, 07:35:36 PM
Hearing from several sources now that Aston Villa's financial difficulties are serious. This could very well lead to administration unless a buyer steps in to rescue it. Whether Xia would talk sensible numbers, though, is quite another matter. #AVFC
How can a buyer rescue us, serious question?
Title: Re: Tony’s Statement.
Post by: Edvard Remberg on June 05, 2018, 07:37:32 PM
Thank God Lerner didn't sell to Larry Ellis 😑
Title: Re: Tony’s Statement.
Post by: kippaxvilla2 on June 05, 2018, 07:40:46 PM
Hearing from several sources now that Aston Villa's financial difficulties are serious. This could very well lead to administration unless a buyer steps in to rescue it. Whether Xia would talk sensible numbers, though, is quite another matter. #AVFC
How can a buyer rescue us, serious question?

By paying off the debts and buying us?
Title: Re: Tony’s Statement.
Post by: four fornicholl on June 05, 2018, 07:43:22 PM
Hearing from several sources now that Aston Villa's financial difficulties are serious. This could very well lead to administration unless a buyer steps in to rescue it. Whether Xia would talk sensible numbers, though, is quite another matter. #AVFC
How can a buyer rescue us, serious question?

By paying off the debts and buying us?
If X had money, or Recon, could a subsidiary do it? How would a new owner affect FFP?
It makes my head hurt.
Title: Re: Tony’s Statement.
Post by: PaulWinch again on June 05, 2018, 07:46:53 PM
Hearing from several sources now that Aston Villa's financial difficulties are serious. This could very well lead to administration unless a buyer steps in to rescue it. Whether Xia would talk sensible numbers, though, is quite another matter. #AVFC
How can a buyer rescue us, serious question?

By paying off the debts and buying us?
If X had money, or Recon, could a subsidiary do it? How would a new owner affect FFP?
It makes my head hurt.

I think FFP is much more of a secondary issue if Tony has no money.
Title: Re: Tony’s Statement.
Post by: kippaxvilla2 on June 05, 2018, 07:47:51 PM
The only way they could do it was paying off the debts without bank funding ie if a sugar daddy wanted to pay off and start again.  By far the most sensible way of doing it would be to buy the club out of Administration and take the ten point penalty you’d start with next season.
Title: Re: Tony’s Statement.
Post by: Three Spires Villa on June 05, 2018, 07:48:21 PM
Hearing from several sources now that Aston Villa's financial difficulties are serious. This could very well lead to administration unless a buyer steps in to rescue it. Whether Xia would talk sensible numbers, though, is quite another matter. #AVFC
How can a buyer rescue us, serious question?

By paying off the debts and buying us?

If X had money, or Recon, could a subsidiary do it? How would a new owner affect FFP?
It makes my head hurt.

Guess administration and a new owner might result in a CVA, new owner would agree a payment plan with HMRC and others. Really hope its not that bad, we pay what we owe and move on, it dosent look very good though
Title: Re: Tony’s Statement.
Post by: dorsetvillian on June 05, 2018, 07:50:50 PM
All very worrying. Just how in the name of God has this been allowed to happen. The owner needs to make a statement ASAP, he just can't allow the situation to drift.
Title: Re: Tony’s Statement.
Post by: GarTomas on June 05, 2018, 08:00:39 PM
All very worrying. Just how in the name of God has this been allowed to happen. The owner needs to make a statement ASAP, he just can't allow the situation to drift.

He’s probably sleeping now.
Title: Re: Tony’s Statement.
Post by: AlexAlexCropley on June 05, 2018, 08:38:52 PM
All very worrying. Just how in the name of God has this been allowed to happen. The owner needs to make a statement ASAP, he just can't allow the situation to drift.

He’s probably sleeping now.
With the fishes
Title: Re: Tony’s Statement.
Post by: kippaxvilla2 on June 05, 2018, 08:55:41 PM
John Percy
@JPercyTelegraph
Understand Trevor Birch - previously chief executive at #cfc and #lufc, among others - is now working closely with Aston Villa. Birch is renowned as an insolvency expert... #avfc
8:42 pm · 5 Jun 2018
Title: Re: Tony’s Statement.
Post by: Newby on June 05, 2018, 08:58:49 PM
John Percy
@JPercyTelegraph
Understand Trevor Birch - previously chief executive at #cfc and #lufc, among others - is now working closely with Aston Villa. Birch is renowned as an insolvency expert... #avfc
8:42 pm · 5 Jun 2018

And may also just be there, taking over from Wyness because we don't have a CEO and Birch is one?
Title: Re: Tony’s Statement.
Post by: Clampy on June 05, 2018, 09:01:52 PM
John Percy
@JPercyTelegraph
Understand Trevor Birch - previously chief executive at #cfc and #lufc, among others - is now working closely with Aston Villa. Birch is renowned as an insolvency expert... #avfc
8:42 pm · 5 Jun 2018

And may also just be there, taking over from Wyness because we don't have a CEO and Birch is one?

According to Wikipedia, he oversaw (if that's the right word) a few takeovers at some clubs.
Title: Re: Tony’s Statement.
Post by: Ads on June 05, 2018, 09:02:15 PM
Sold Chelsea to Roman and then went to Everton. Aided Pompey and sold Bolton on too.
Title: Re: Tony’s Statement.
Post by: AsTallAsLions on June 05, 2018, 09:04:40 PM
Sold Chelsea to Roman and then went to Everton. Aided Pompey and sold Bolton on too.

Interestingly he facilitated the sale of Portsmouth to the Pompey Supporters Trust which is maybe the route we'll all need to go down to shepherd our beloved Villa out of the darkness and back into the light... Or a wealthy American, there's always a wealthy American
Title: Re: Tony’s Statement.
Post by: Matt Collins on June 05, 2018, 09:05:01 PM
Yes branding him an insolvency expert seems a bit sensationalist
Title: Re: Tony’s Statement.
Post by: Des Little on June 05, 2018, 09:06:28 PM
He’ll be selling us at Bassetts Pole car boot on Sunday
Title: Re: Tony’s Statement.
Post by: The Edge on June 05, 2018, 09:08:00 PM
We are fucked aren't we!

No, I have offered 50p for the stadium naming rights next year
And where are you finding that?

Just sold my season ticket back :)
You seem to be the only one finding humour and enjoyment out of all this. I wonder why.........
Title: Re: Tony’s Statement.
Post by: frank black on June 05, 2018, 09:10:45 PM
We are fucked aren't we!

No, I have offered 50p for the stadium naming rights next year
And where are you finding that?

Just sold my season ticket back :)
You seem to be the only one finding humour and enjoyment out of all this. I wonder why.........

sometimes in adversity and all that.
Title: Re: Tony’s Statement.
Post by: The Edge on June 05, 2018, 09:14:26 PM
We are fucked aren't we!

No, I have offered 50p for the stadium naming rights next year
And where are you finding that?

Just sold my season ticket back :)
You seem to be the only one finding humour and enjoyment out of all this. I wonder why.........

sometimes in adversity and all that.
Nah
Title: Re: Tony’s Statement.
Post by: kippaxvilla2 on June 05, 2018, 09:37:40 PM
Aston Villa in turmoil after failure to pay tax bill of £5m

By Laurie Whitwell for MailOnline 21:14, 05 Jun 2018, updated 21:31, 05 Jun 2018

Aston Villa have been plunged into further uncertainty after the club suspended chief executive Keith Wyness amid a failure to pay a late tax bill just shy of £5million to HMRC.

It is understood Villa had been given until last Friday to settle the overdue sum but missed the date and were threatened with a winding up order.

The club insist the matter will be resolved inside 48 hours - with an initial payment of £2m - but Sportsmail understands there are allegations owner Dr Tony Xia has failed to put cash into the club for three months, raising huge concerns. Xia is said to have been struggling to get money out of China following a government clampdown.

Owner Dr Tony Xia has failed to put any money into Aston Villa in the past three months

It is said Wyness, in his duty to find financial alternatives, was trying to raise funds through minor investors but Xia reacted badly to advice and temporarily dismissed his top executive.

In an alternative version of events it has been claimed Wyness was attempting to bring together a consortium to buy the club without Xia's prior knowledge. The Chinese businessman then found out and acted.

Either way, Villa are left rudderless well into a vital transfer window where £40m of savings must be found to adhere to Financial Fair Play regulations. Jack Grealish could be sold for £30m, while clubs are interested in £10m-rated James Chester.

A Villa statement read: 'Aston Villa Football Club can confirm that chief executive, Keith Wyness, has been suspended by the club with immediate effect. Owner and chairman, Dr Tony Xia will assume the role until further notice. There will be no further comment from the club at this time.

Director of football Steve Round also faces an uncertain future given he was a Wyness appointment. That in turn leads to significant scrutiny on Steve Bruce's position with the manager not yet told of summer plans.

Bruce, currently on holiday, still has not received detailed communication about the impending cost-cutting or been given assurances he will lead the team into next season.

In a statement last week Xia failed to clarify whether the 57-year-old would continue following play-off final defeat.
Title: Re: Tony’s Statement.
Post by: four fornicholl on June 05, 2018, 09:40:38 PM
Aston Villa in turmoil after failure to pay tax bill of £5m

By Laurie Whitwell for MailOnline 21:14, 05 Jun 2018, updated 21:31, 05 Jun 2018

Aston Villa have been plunged into further uncertainty after the club suspended chief executive Keith Wyness amid a failure to pay a late tax bill just shy of £5million to HMRC.

It is understood Villa had been given until last Friday to settle the overdue sum but missed the date and were threatened with a winding up order.

The club insist the matter will be resolved inside 48 hours - with an initial payment of £2m - but Sportsmail understands there are allegations owner Dr Tony Xia has failed to put cash into the club for three months, raising huge concerns. Xia is said to have been struggling to get money out of China following a government clampdown.

Owner Dr Tony Xia has failed to put any money into Aston Villa in the past three months

It is said Wyness, in his duty to find financial alternatives, was trying to raise funds through minor investors but Xia reacted badly to advice and temporarily dismissed his top executive.

In an alternative version of events it has been claimed Wyness was attempting to bring together a consortium to buy the club without Xia's prior knowledge. The Chinese businessman then found out and acted.
Wanker
Title: Re: Tony’s Statement.
Post by: Ads on June 05, 2018, 09:57:09 PM
Sold Chelsea to Roman and then went to Everton. Aided Pompey and sold Bolton on too.

Interestingly he facilitated the sale of Portsmouth to the Pompey Supporters Trust which is maybe the route we'll all need to go down to shepherd our beloved Villa out of the darkness and back into the light... Or a wealthy American, there's always a wealthy American

I think perhaps we need to reign in the speculation.
Title: Re: Tony’s Statement.
Post by: AsTallAsLions on June 05, 2018, 09:59:41 PM
Sold Chelsea to Roman and then went to Everton. Aided Pompey and sold Bolton on too.

Interestingly he facilitated the sale of Portsmouth to the Pompey Supporters Trust which is maybe the route we'll all need to go down to shepherd our beloved Villa out of the darkness and back into the light... Or a wealthy American, there's always a wealthy American

I think perhaps we need to reign in the speculation.

Rein*. Twas meant in jest Adser
Title: Re: Tony’s Statement.
Post by: SoccerHQ on June 05, 2018, 10:06:24 PM
According to somewhere else we apparently traded in further instalements on Amavi and Carlos Sanchez's transfer fees in Feburary after the window closed to an Australian bank in exchange for immediate cash to cope with cash flow issues at the time.

Looks like things have been bubbling for a while and it's all coming out now we've lost the final and our prospects look pretty bleak in the short term.
Title: Re: Tony’s Statement.
Post by: Ads on June 05, 2018, 10:06:48 PM
Adser is a new one.
Title: Re: Tony’s Statement.
Post by: old man villa fan on June 05, 2018, 10:13:13 PM
Aston Villa in turmoil after failure to pay tax bill of £5m

By Laurie Whitwell for MailOnline 21:14, 05 Jun 2018, updated 21:31, 05 Jun 2018

Aston Villa have been plunged into further uncertainty after the club suspended chief executive Keith Wyness amid a failure to pay a late tax bill just shy of £5million to HMRC.

It is understood Villa had been given until last Friday to settle the overdue sum but missed the date and were threatened with a winding up order.

The club insist the matter will be resolved inside 48 hours - with an initial payment of £2m - but Sportsmail understands there are allegations owner Dr Tony Xia has failed to put cash into the club for three months, raising huge concerns. Xia is said to have been struggling to get money out of China following a government clampdown.

Owner Dr Tony Xia has failed to put any money into Aston Villa in the past three months

It is said Wyness, in his duty to find financial alternatives, was trying to raise funds through minor investors but Xia reacted badly to advice and temporarily dismissed his top executive.

In an alternative version of events it has been claimed Wyness was attempting to bring together a consortium to buy the club without Xia's prior knowledge. The Chinese businessman then found out and acted.

Either way, Villa are left rudderless well into a vital transfer window where £40m of savings must be found to adhere to Financial Fair Play regulations. Jack Grealish could be sold for £30m, while clubs are interested in £10m-rated James Chester.

A Villa statement read: 'Aston Villa Football Club can confirm that chief executive, Keith Wyness, has been suspended by the club with immediate effect. Owner and chairman, Dr Tony Xia will assume the role until further notice. There will be no further comment from the club at this time.

Director of football Steve Round also faces an uncertain future given he was a Wyness appointment. That in turn leads to significant scrutiny on Steve Bruce's position with the manager not yet told of summer plans.

Bruce, currently on holiday, still has not received detailed communication about the impending cost-cutting or been given assurances he will lead the team into next season.

In a statement last week Xia failed to clarify whether the 57-year-old would continue following play-off final defeat.


Interesting article.  It's not often you get two versions of what has happened in the same article.  Sounds like a bit of dartboard reporting.
Title: Re: Tony’s Statement.
Post by: Chris Jameson on June 05, 2018, 10:14:38 PM
We could do with one of his cryptic/complete nonsense tweets to clear things up and put our minds at rest.
Title: Re: Tony’s Statement.
Post by: LeeB on June 05, 2018, 10:15:27 PM
He’ll be selling us at Bassetts Pole car boot on Sunday

With the African Car Reverser?
Title: Re: Tony’s Statement.
Post by: Ads on June 05, 2018, 10:16:54 PM
Illuminating. Could be a. Or b. Or maybe c. Or option g.
Title: Re: Tony’s Statement.
Post by: myf on June 05, 2018, 10:24:51 PM
All very worrying. Just how in the name of God has this been allowed to happen. The owner needs to make a statement ASAP, he just can't allow the situation to drift.

Yes what we need now is another meaningless and/or embarrassing statement from clown Xia
Title: Re: Tony’s Statement.
Post by: Ad@m on June 05, 2018, 10:29:28 PM
All very worrying. Just how in the name of God has this been allowed to happen. The owner needs to make a statement ASAP, he just can't allow the situation to drift.

Yes what we need now is another meaningless and/or embarrassing statement from clown Xia

So with zero facts, other than the CEO being suspended, you've decided Xia is a "clown"?

On what basis?
Title: Re: Tony’s Statement.
Post by: pauliewalnuts on June 05, 2018, 10:32:17 PM
All very worrying. Just how in the name of God has this been allowed to happen. The owner needs to make a statement ASAP, he just can't allow the situation to drift.

Yes what we need now is another meaningless and/or embarrassing statement from clown Xia

So with zero facts, other than the CEO being suspended, you've decided Xia is a "clown"?

On what basis?

To be fair, our inability to pay our PAYE bill is pretty embarrassing.
Title: Re: Tony’s Statement.
Post by: Ad@m on June 05, 2018, 10:40:56 PM
All very worrying. Just how in the name of God has this been allowed to happen. The owner needs to make a statement ASAP, he just can't allow the situation to drift.

Yes what we need now is another meaningless and/or embarrassing statement from clown Xia

So with zero facts, other than the CEO being suspended, you've decided Xia is a "clown"?

On what basis?

To be fair, our inability to pay our PAYE bill is pretty embarrassing.

Something which is more likely to be the responsibility of the CEO rather than the owner.
Title: Re: Tony’s Statement.
Post by: pauliewalnuts on June 05, 2018, 10:50:32 PM
All very worrying. Just how in the name of God has this been allowed to happen. The owner needs to make a statement ASAP, he just can't allow the situation to drift.

Yes what we need now is another meaningless and/or embarrassing statement from clown Xia

So with zero facts, other than the CEO being suspended, you've decided Xia is a "clown"?

On what basis?

To be fair, our inability to pay our PAYE bill is pretty embarrassing.

Something which is more likely to be the responsibility of the CEO rather than the owner.

The owner who is incapacitated in his desire to sort the club out?

The one who used a factoring company on the Amavi transfer money?

What a mess.

It's all smelling a bit Carson Yeung. Or a bit Leeds, even worse.
Title: Re: Tony’s Statement.
Post by: Grande Pablo on June 05, 2018, 11:28:59 PM
In the back of my mind I have a vivid recollection of Dr Tony saying he'd got a 2 year plan to get back in the Premiership when he took over.  No panic when Di Matteo was sacked, & no panic when we didn't go up last summer.

He didn't say what might happen if we didn't go up this year, however...

SVC on Twatter will have some credence on saying Wyness was talking to new investors / owners without Dr Tony's knowledge.

Palace in the mire for their tax affairs too - https://www.theguardian.com/football/2018/jun/05/crystal-palace-threatened-with-being-dissolved-over-late-accounts - perhaps, like some of my bills they've both missed the month end payment date...looking for positives...
Title: Re: Tony’s Statement.
Post by: SoccerHQ on June 05, 2018, 11:32:25 PM
We did pretty much gamble everything on going up this year.

Nothing new there, plenty of other teams similar to us have done that down the years. Wolves would've been in major trouble if they hadn't gone up this season themselves.

Difference is they remembered to turn up and actually win their important matches during the season. We didn't and will have to face the consequences.
Title: Re: Tony’s Statement.
Post by: Brassneck on June 05, 2018, 11:42:21 PM
I can't help but think that in his shoes, I wouldn't have suspended Wyness if I had any intentions of continuing.  Given the crisis we are already in, it would be the last thing we'd want.  It HAS to be that he was touting the club.  Perhaps it's wishful thinking on my part but I'm hoping the suspension is the beginning of the end as it all ends in tears for the Xia era.
Title: Re: Tony’s Statement.
Post by: eamonn on June 05, 2018, 11:43:46 PM
In the back of my mind I have a vivid recollection of Dr Tony saying he'd got a 2 year plan to get back in the Premiership when he took over.  No panic when Di Matteo was sacked, & no panic when we didn't go up last summer.

He didn't say what might happen if we didn't go up this year, however...

SVC on Twatter will have some credence on saying Wyness was talking to new investors / owners without Dr Tony's knowledge.

Palace in the mire for their tax affairs too - https://www.theguardian.com/football/2018/jun/05/crystal-palace-threatened-with-being-dissolved-over-late-accounts - perhaps, like some of my bills they've both missed the month end payment date...looking for positives...

I think Xia tweeted around the beginning of the season that they had envisaged a three year effort at most to get promoted.
Title: Re: Tony’s Statement.
Post by: ROBBO on June 05, 2018, 11:44:25 PM
I've always believed for Tony it was a calculated gamble, spend the money get promotion then sell at a tidy profit. The gamble failed now he will do his level best to extricate himself without losing too much money. Whatever, I believe we will have a new owner or owners by the start of the new season.
Title: Re: Tony’s Statement.
Post by: Matt Collins on June 06, 2018, 12:17:19 AM
I really don't think it was his plan to get out

He might be forced to
Title: Re: Tony’s Statement.
Post by: footyskillz on June 06, 2018, 01:25:22 AM
Dr Tony is a good man the play off final is a major set back.
I feel he has the assets and finances it just difficult at this moment. I think ceo going is good all round. Outdated and now out the door.
Title: Re: Tony’s Statement.
Post by: myf on June 06, 2018, 01:46:25 AM
All very worrying. Just how in the name of God has this been allowed to happen. The owner needs to make a statement ASAP, he just can't allow the situation to drift.

Yes what we need now is another meaningless and/or embarrassing statement from clown Xia

So with zero facts, other than the CEO being suspended, you've decided Xia is a "clown"?

On what basis?

2 yrs ago he was pledging to be in the champions league, promised ground improvements and redevelopment of Aston. Now he can't pay our tax. He ain't got a clue
Title: Re: Tony’s Statement.
Post by: Ads on June 06, 2018, 06:40:49 AM
There is a distinction between cannot pay and has not paid.
Title: Re: Tony’s Statement.
Post by: kippaxvilla2 on June 06, 2018, 06:45:50 AM
I put it to you that he has not paid it because he could not pay it.
Title: Re: Tony’s Statement.
Post by: Ad@m on June 06, 2018, 06:52:19 AM
All very worrying. Just how in the name of God has this been allowed to happen. The owner needs to make a statement ASAP, he just can't allow the situation to drift.

Yes what we need now is another meaningless and/or embarrassing statement from clown Xia

So with zero facts, other than the CEO being suspended, you've decided Xia is a "clown"?

On what basis?

2 yrs ago he was pledging to be in the champions league, promised ground improvements and redevelopment of Aston. Now he can't pay our tax. He ain't got a clue

Crikey. You set pretty high expectations if you thought we'd be in the Champions League in a redeveloped ground by now.

Had we beat Fulham, none of this would be happening and I'm pretty confident there would already be renders of a new North Stand in the public domain.
Title: Re: Tony’s Statement.
Post by: Ads on June 06, 2018, 07:03:50 AM
I put it to you that he has not paid it because he could not pay it.

And I put you to proof on the same.
Title: Re: Tony’s Statement.
Post by: kippaxvilla2 on June 06, 2018, 07:07:58 AM
I refer the honourable gentleman to various circumstantial evidence statements that allude to the notion that the bill remains unpaid and that furthermore, statements to the effect that the club are working with the HMRC on the matter point to (at least a short term) inability to meet its liabilities as and when they fall due.
Title: Re: Tony’s Statement.
Post by: Matt Collins on June 06, 2018, 07:09:55 AM
I agree the stuff Tony was saying about competing in champions league in short term always made you worry about his grip on reality.

Howard Hodgson has posted this. He does quite like to big himself up but there does seem to be a growing consensus that this is the cause of the cashflow problems. I doubt any of us know what options he's got to get around these controls but it's hard to think they're easy. And then there is speculation that this is a smokescreen too

Our beloved #avfc is having big cash flow issues. The owner @Dr_TonyXia is doing everything he can to resolve this. It is to do with China foreign currency release hence similar issues at the Milan clubs. I am doing all I can to help him and the club. #sticktogether #avfc #utv
Title: Re: Tony’s Statement.
Post by: garyshawsknee on June 06, 2018, 07:16:51 AM
I read that HH is on the case and helping out the doc, we can all breathe a sigh of relief now.
Title: Re: Tony’s Statement.
Post by: kippaxvilla2 on June 06, 2018, 07:21:39 AM
Good God Hodgson.
Title: Re: Tony’s Statement.
Post by: Deano's Mullet on June 06, 2018, 07:22:13 AM
No idea who HH is.
Title: Re: Tony’s Statement.
Post by: PeterWithe on June 06, 2018, 07:32:20 AM
Is that the fella with the boat, who doesn’t like to talk about it much?
Title: Re: Tony’s Statement.
Post by: VinnieChase84 on June 06, 2018, 07:58:42 AM
I know a lot of people have a few opinions on HH (good and bad) but he genuinely loves the club (as we all do) and is just trying to help out as much as possible given the shit we are currently in. Fairplay!
Title: Re: Tony’s Statement.
Post by: TheTimVilla on June 06, 2018, 08:09:16 AM
We could do with one of his cryptic/complete nonsense tweets to clear things up and put our minds at rest.

I’m sorry but that’s not good enough now. Powerpoint presentation, please.
Title: Re: Tony’s Statement.
Post by: lordmcgrath5 on June 06, 2018, 09:49:13 AM
Whatever we thought about him at the time, such sloppy management would never have happened under Deadly Doug.
Title: Re: Tony’s Statement.
Post by: Durham58 on June 06, 2018, 10:00:20 AM
Whatever we thought about him at the time, such sloppy management would never have happened under Deadly Doug.


We were in a desperate position when Doug sold the club in in 2006 due to epic financial mismanagement from September 1998  onwards.
Title: Re: Tony’s Statement.
Post by: Chico Hamilton III on June 06, 2018, 10:08:20 AM
Whatever we thought about him at the time, such sloppy management would never have happened under Deadly Doug.


We were in a desperate position when Doug sold the club in in 2006 due to epic financial mismanagement from September 1998  onwards.

We owe HMRC over £4m, according to reports, and we need to find it fast. Micah Richards hasn't played for us for nearly 600 days but we continue to pay him £35k per week. By the time his contract expires in 12 months time, and assuming that no other club is daft enough to buy/loan him from us, we will have paid him over £4m for not playing for us. Absolute madness
Title: Re: Tony’s Statement.
Post by: Drummond on June 06, 2018, 10:12:03 AM
What exactly is HH doing about it?

I'm doing all I can to help too. Fuck all other than discussing it here.
Title: Re: Tony’s Statement.
Post by: Jon Crofts on June 06, 2018, 10:33:05 AM
What exactly is HH doing about it?

I'm doing all I can to help too. Fuck all other than discussing it here.

He's remortgaging his boat (the one he doesn't like to talk about)
Title: Re: Tony’s Statement.
Post by: Chris Jameson on June 06, 2018, 10:34:03 AM
No idea who HH is.

He is considerably richer than yow.
Title: Re: Tony’s Statement.
Post by: Lastfootstamper on June 06, 2018, 10:38:46 AM
What exactly is HH doing about it?

I'm doing all I can to help too. Fuck all other than discussing it here.

He's staking out a caravan park near Oswestry. Just in case, like.
Title: Re: Tony’s Statement.
Post by: pbavfckuwait on June 06, 2018, 10:57:22 AM
Maybe this now, will make the football authorities review there fit and proper person test's, if the potential buyer is from a country that can suddenly stop its business people from moving money around as they see fit, then surely they should not be allowed to invest in a British business, or more to the point a British football club, as most of them need capital injections a number of times a year.
Title: Re: Tony’s Statement.
Post by: paul_e on June 06, 2018, 11:16:12 AM
Looking back at the statement the bit about being a sustainable club was, by most, considered to be an FFP related comment but I wonder if it was actually more cashflow related now that all this news is coming out. If you add that he left the country very quickly after the final and has been unnaturally quiet on twitter I'd like to believe that he is trying to convince Chinese authorities to let him invest more money. It may well be that to do so he has to make a number of changes (which he said in the statement as well) including altering the structure/make-up of the board and a different sponsorship program (along with the expected change of relying more on youth players and coaching).

The suspension suggests something more than just Xia wanting to make board level changes but with the HMRC stuff, rumours of takeover bids and the potential disagree over Bruce it might just be a convenient way to make the changes and look to a CEO with a more suitable background, the Trevor Birch link gives that some weight, even if only as a temporary arrangement.


This is purely speculation but to me it seems as reasonable as most other suggestions I've seen.
Title: Re: Tony’s Statement.
Post by: curiousorange on June 06, 2018, 11:18:04 AM
Just heard a rumour that Xia was banking on promotion to clear debts he has in China. No sources, and I hesitate to use the phrase "Chinese whispers"...
Title: Re: Tony’s Statement.
Post by: kippaxvilla2 on June 06, 2018, 11:19:40 AM
I’m sorry but this made me laugh. 

But there are concerns the businessman, who has turned up at the training ground previously in a Uber, simply doesn't have the resources or access to cash he suggested when he bought out Randy Lerner in 2016.
Title: Re: Tony’s Statement.
Post by: Bad English on June 06, 2018, 11:57:48 AM
What exactly is HH doing about it?

I'm doing all I can to help too. Fuck all other than discussing it here.
He could be helping Tony locate his missing passbook.

"When did you last make a deposit?"
"Have you looked under your bed?"   
"Did you check your pockets before putting your trousers in the laundry basket?"
"It's not with the key to your money box, is it?"
Title: Re: Tony’s Statement.
Post by: Tuscans on June 06, 2018, 12:13:09 PM
We never really knew about the reality of the Docs wealth but I read 3 articles about moving money out of China all saying the same, "China law forbids anyone from sending out of China more than USD$50,000 in any given year without government approval".

I knew there were difficulties now but only $50,000...that shocked me.
Title: Re: Tony’s Statement.
Post by: tomd2103 on June 06, 2018, 12:22:33 PM
Just heard a rumour that Xia was banking on promotion to clear debts he has in China. No sources, and I hesitate to use the phrase "Chinese whispers"...

I do wonder if they were banking on promotion to the Premier League and the revenue that brings to try and address the quite obvious financial difficulties at the club.
Title: Re: Tony’s Statement.
Post by: chrisw1 on June 06, 2018, 12:30:51 PM
What exactly is HH doing about it?

I'm doing all I can to help too. Fuck all other than discussing it here.
Hopefully he’s coming up with another insightful ‘Hodgson Report’

The last one suggested we buy better players, coach our youngsters better and score more goals.  It was groundbreaking stuff.

I imagine this one will say don’t but old players and put them on massive contracts and check down the sofa for loose change.

In Hairy Hands we trust.
Title: Re: Tony’s Statement.
Post by: pauliewalnuts on June 06, 2018, 12:53:00 PM
What exactly is HH doing about it?

I'm doing all I can to help too. Fuck all other than discussing it here.
Hopefully he’s coming up with another insightful ‘Hodgson Report’

Perhaps he could arrange for Tony to stuff a few million in one of his coffins and stick it on a container ship bound for the UK.
Title: Re: Tony’s Statement.
Post by: andyh on June 06, 2018, 12:54:29 PM
Been reported on twitter (I know !) there is a board meeting at 2pm today?

The collection plate will be passed around at then end, no doubt.
Title: Re: Tony’s Statement.
Post by: kippaxvilla2 on June 06, 2018, 12:56:22 PM
Attendees : Dr T Xia

Apologies: Mr K Wyness

Title: Re: Tony’s Statement.
Post by: David_Nab on June 06, 2018, 12:57:02 PM
https://www.mirror.co.uk/sport/football/news/inside-story-behind-aston-villa-12655774

Quote
Aston Villa owner, Dr Tony Xia, has been bankrolling the former European Champions from the moment he set foot inside Villa Park.

Each month, money would arrive from China, into Villa's bank account to make good the shortfall in normal trading operations.


That has happened, without fail, for the past two years.

Only last month, it didn't. April's money was received. May's wasn't. There was no sign of it turning up. It still hasn't.

Incredibly, that is all it has taken to bring this great football club – this cornerstone of the English game - to its knees.

One missed monthly payment. It's a sizeable one. Aston Villa are running a £5-6m monthly deficit on their current outgoings. But still.
Tony Xia with Steve Bruce (Image: Neville Williams)
And now that has set in motion a chain of events that is likely to see the club change ownership. That is one scenario.

The other is far more unpalatable. Administration – or, if a position with HMRC is not met – a winding up order may be issued.

No more Aston Villa. Doesn't bear thinking about.
Obviously, promotion to the Premier League would have solved the on-going cash crisis.

No wonder Xia, who sat stony-faced at Wembley as Fulham cavorted around the pitch just ten days ago, was unable to show any other emotion.

His world was just about to come crashing around him.

Perhaps it was a taste of things to come. Xia did not sit with his chief executive, Keith Wyness, at the play-off final. Behind the scenes, they had been seated on separate tables.

Strange, you might think, for the two chief decision-makers not to be joined at the hip – to not share the inevitable joy or pain that was about to be inflicted upon them.

But the writing was on the wall.

A few weeks earlier, Wyness, along with director of football Steve Round, had delivered a presentation to Xia at Bodymoor Heath, outlining the two courses of action that would be taken once Villa had qualified for the end-of-season lottery English football calls the play-offs.
One was promotion to the Premier League, the other staying right where Villa were, in the Championship.

Xia received the news. Didn't blink. Didn't move a muscle. Did not utter one single word.

The three-minute silence was eventually broken by Rongtien He, Xia's eyes and ears at Villa Park.

The result of that meeting led Wyness to confess later to a high-level colleague: “Anything other than promotion is not an option.”

By the time the final whistle blew at Wembley, the chief executive knew that he had to act. He had to take action as per his fiduciary duties as a director of the club.

He knew that the money from the Far East had not been received into Villa's bank account. He had to do something. And swiftly.

Steve Bruce looks dejected (Image: Getty Images Europe)
Late last week, with the club's payroll due on Friday, Wyness was on the phone, trying to raise the cash to pay it.

Burnley were contacted. Villa were due another chunk of money from Ashley Westwood's £5m transfer later this month.

They took a hit but the money turned up and the staff were paid. Wyness knew that this could not keep going indefinitely.

Any director who has an inkling that the club is trading insolvently must take advice. That was incumbent upon him.

As a director, he could also put the club into administration. It was that which has led Xia to trashing Wyness's reputation after Villa released a statement suspending their chief executive yesterday afternoon.
The next bill was from HMRC for £4.2m. That was the lever for Xia to use to put Wyness on gardening leave.

The authorities have been as aggressive as you might expect them to be in recovering that cash.

In just over three weeks time, Villa are due to make another payroll payment.

The bills just keep coming. And the cash position is little short of horrendous.

Anyone seeking to take on Villa as a going concern will have to make good a staggering £70m shortfall during the course of the next 12 months.
Due to existing contractual commitments the budget is showing a £25m deficit for 2019-20.

That is a £100m hole that needs plugging.

The parachute payment from the Premier League has dropped to £15m. The cash call is growing, not slowing.

Anyone interested in Villa will have to show a commitment to meeting those costs.

At this rate, Xia won't be seeing much back for his £150m gamble during the past two seasons.

He will be lucky to see the club change hands for £1 because someone has got to make good on his reckless calls.
Due to the football creditors' rule, the likes of Micah Richards, Pierluigi Gollini, Ross McCormack – none of whom kicked a ball in anger last season – will all have to be paid their monstrous salaries.

Xia will be lucky if he trousers anything from this.

He could, of course, raise some cash from selling assets.
Jack Grealish is the main one. A public auction might top £30m for the playmaker who has the world at his feet.

That would meet some of the on-going costs. Buy him some time, potentially, to off-load the club to a buyer.
Villa will auction off Grealish (Image: Clive Mason)
And what of Steve Bruce, the manager who drew together a disparate dressing-room and took Villa to within 90 minutes of diverting this disaster from public attention?

His future has been a subject of debate on message boards and in social media.

He will stay put. He's a tough cookie, Bruce. And anyway, paying him off is a long way down the club's list of priorities.

For now, Xia's got bigger issues to sort out. Like keeping Aston Villa afloat.

 :o
Title: Re: Tony’s Statement.
Post by: garyshawsknee on June 06, 2018, 01:03:59 PM
From John Percy at the Telegraph....Understand Trevor Birch - previously chief executive at #cfc and #lufc, among others - is now working closely with Aston Villa. Birch is renowned as an insolvency expert... #avfc
Title: Re: Tony’s Statement.
Post by: Risso on June 06, 2018, 01:07:04 PM
Fucking hell.
Title: Re: Tony’s Statement.
Post by: kippaxvilla2 on June 06, 2018, 01:09:21 PM
There is no way we can avoid Administration if that lot is true.
Title: Re: Tony’s Statement.
Post by: OzVilla on June 06, 2018, 01:12:48 PM
Yep, if true next season is about survival and hoping the youth come good.
Title: Re: Tony’s Statement.
Post by: chrisw1 on June 06, 2018, 01:13:59 PM
Sounds like that has come directly from Wyness.  Frightening stuff.
Title: Re: Tony’s Statement.
Post by: Drummond on June 06, 2018, 01:14:00 PM
So Wyness is blabbing away to the fucking Mirror now. I detest football sometimes.
Title: Re: Tony’s Statement.
Post by: Duncan Shaw on June 06, 2018, 01:15:01 PM
So Wyness has got his side of the story out to the Mirror then......
Title: Re: Tony’s Statement.
Post by: Bad English on June 06, 2018, 01:15:11 PM
Fucking hell.
Fucking hell.
Title: Re: Tony’s Statement.
Post by: kippaxvilla2 on June 06, 2018, 01:15:29 PM
He is right though.  He cannot knowingly wrongfully trade as a Statutory Director.
Title: Re: Tony’s Statement.
Post by: Risso on June 06, 2018, 01:15:49 PM
So Wyness is blabbing away to the fucking Mirror now. I detest football sometimes.

Can't say I blame him if he's being used as a whipping boy for Xia's mistakes.
Title: Re: Tony’s Statement.
Post by: AlexAlexCropley on June 06, 2018, 01:18:26 PM
So Simon Jordan was correct.How did he know?
Title: Re: Tony’s Statement.
Post by: JUAN PABLO on June 06, 2018, 01:19:29 PM
what shambles we have been for a very long time


Im off to London to see The The now , with an uncertain smile ...
Title: Re: Tony’s Statement.
Post by: OzVilla on June 06, 2018, 01:24:51 PM
So Simon Jordan was correct.How did he know?

Gossip within the game, if we’ve contacted Burnley and be prepared to take a hit for a a payment a few weeks early then that’s something worth blabbing about.
Title: Re: Tony’s Statement.
Post by: Monty on June 06, 2018, 01:26:07 PM
As Yeats obviously meant to say, 'everything is fucked, fucked utterly.'
Title: Re: Tony’s Statement.
Post by: ChicagoLion on June 06, 2018, 01:28:47 PM
So Simon Jordan was correct.How did he know?

Gossip within the game, if we’ve contacted Burnley and be prepared to take a hit for a a payment a few weeks early then that’s something worth blabbing about.
We were not the only people wanting us to win the Play off Final.
Title: Re: Tony’s Statement.
Post by: Drummond on June 06, 2018, 01:48:30 PM
So Simon Jordan was correct.How did he know?

Seems like everyone will know soon.
Title: Re: Tony’s Statement.
Post by: KevinGage on June 06, 2018, 01:50:34 PM
As Yeats obviously meant to say, 'everything is fucked, fucked utterly.'

Cast a cold eye on life, shysters pass by.
Title: Re: Tony’s Statement.
Post by: itbrvilla on June 06, 2018, 01:53:31 PM
https://www.mirror.co.uk/sport/football/news/inside-story-behind-aston-villa-12655774

Quote
Aston Villa owner, Dr Tony Xia, has been bankrolling the former European Champions from the moment he set foot inside Villa Park.

Each month, money would arrive from China, into Villa's bank account to make good the shortfall in normal trading operations.


That has happened, without fail, for the past two years.

Only last month, it didn't. April's money was received. May's wasn't. There was no sign of it turning up. It still hasn't.

Incredibly, that is all it has taken to bring this great football club – this cornerstone of the English game - to its knees.

One missed monthly payment. It's a sizeable one. Aston Villa are running a £5-6m monthly deficit on their current outgoings. But still.
Tony Xia with Steve Bruce (Image: Neville Williams)
And now that has set in motion a chain of events that is likely to see the club change ownership. That is one scenario.

The other is far more unpalatable. Administration – or, if a position with HMRC is not met – a winding up order may be issued.

No more Aston Villa. Doesn't bear thinking about.
Obviously, promotion to the Premier League would have solved the on-going cash crisis.

No wonder Xia, who sat stony-faced at Wembley as Fulham cavorted around the pitch just ten days ago, was unable to show any other emotion.

His world was just about to come crashing around him.

Perhaps it was a taste of things to come. Xia did not sit with his chief executive, Keith Wyness, at the play-off final. Behind the scenes, they had been seated on separate tables.

Strange, you might think, for the two chief decision-makers not to be joined at the hip – to not share the inevitable joy or pain that was about to be inflicted upon them.

But the writing was on the wall.

A few weeks earlier, Wyness, along with director of football Steve Round, had delivered a presentation to Xia at Bodymoor Heath, outlining the two courses of action that would be taken once Villa had qualified for the end-of-season lottery English football calls the play-offs.
One was promotion to the Premier League, the other staying right where Villa were, in the Championship.

Xia received the news. Didn't blink. Didn't move a muscle. Did not utter one single word.

The three-minute silence was eventually broken by Rongtien He, Xia's eyes and ears at Villa Park.

The result of that meeting led Wyness to confess later to a high-level colleague: “Anything other than promotion is not an option.”

By the time the final whistle blew at Wembley, the chief executive knew that he had to act. He had to take action as per his fiduciary duties as a director of the club.

He knew that the money from the Far East had not been received into Villa's bank account. He had to do something. And swiftly.

Steve Bruce looks dejected (Image: Getty Images Europe)
Late last week, with the club's payroll due on Friday, Wyness was on the phone, trying to raise the cash to pay it.

Burnley were contacted. Villa were due another chunk of money from Ashley Westwood's £5m transfer later this month.

They took a hit but the money turned up and the staff were paid. Wyness knew that this could not keep going indefinitely.

Any director who has an inkling that the club is trading insolvently must take advice. That was incumbent upon him.

As a director, he could also put the club into administration. It was that which has led Xia to trashing Wyness's reputation after Villa released a statement suspending their chief executive yesterday afternoon.
The next bill was from HMRC for £4.2m. That was the lever for Xia to use to put Wyness on gardening leave.

The authorities have been as aggressive as you might expect them to be in recovering that cash.

In just over three weeks time, Villa are due to make another payroll payment.

The bills just keep coming. And the cash position is little short of horrendous.

Anyone seeking to take on Villa as a going concern will have to make good a staggering £70m shortfall during the course of the next 12 months.
Due to existing contractual commitments the budget is showing a £25m deficit for 2019-20.

That is a £100m hole that needs plugging.

The parachute payment from the Premier League has dropped to £15m. The cash call is growing, not slowing.

Anyone interested in Villa will have to show a commitment to meeting those costs.

At this rate, Xia won't be seeing much back for his £150m gamble during the past two seasons.

He will be lucky to see the club change hands for £1 because someone has got to make good on his reckless calls.
Due to the football creditors' rule, the likes of Micah Richards, Pierluigi Gollini, Ross McCormack – none of whom kicked a ball in anger last season – will all have to be paid their monstrous salaries.

Xia will be lucky if he trousers anything from this.

He could, of course, raise some cash from selling assets.
Jack Grealish is the main one. A public auction might top £30m for the playmaker who has the world at his feet.

That would meet some of the on-going costs. Buy him some time, potentially, to off-load the club to a buyer.
Villa will auction off Grealish (Image: Clive Mason)
And what of Steve Bruce, the manager who drew together a disparate dressing-room and took Villa to within 90 minutes of diverting this disaster from public attention?

His future has been a subject of debate on message boards and in social media.

He will stay put. He's a tough cookie, Bruce. And anyway, paying him off is a long way down the club's list of priorities.

For now, Xia's got bigger issues to sort out. Like keeping Aston Villa afloat.

 :o
That is utterly fucking grim even if only half of it is true.
Title: Re: Tony’s Statement.
Post by: Monty on June 06, 2018, 02:05:43 PM
And today's lead football story in the Graun is the enormous record profits the Premier League clubs find themselves reaping. Everything is horrible.
Title: Re: Tony’s Statement.
Post by: Jon Crofts on June 06, 2018, 02:26:03 PM
https://www.mirror.co.uk/sport/football/news/inside-story-behind-aston-villa-12655774

Quote
Aston Villa owner, Dr Tony Xia, has been bankrolling the former European Champions from the moment he set foot inside Villa Park.

Each month, money would arrive from China, into Villa's bank account to make good the shortfall in normal trading operations.


That has happened, without fail, for the past two years.

Only last month, it didn't. April's money was received. May's wasn't. There was no sign of it turning up. It still hasn't.

Incredibly, that is all it has taken to bring this great football club – this cornerstone of the English game - to its knees.

One missed monthly payment. It's a sizeable one. Aston Villa are running a £5-6m monthly deficit on their current outgoings. But still.
Tony Xia with Steve Bruce (Image: Neville Williams)
And now that has set in motion a chain of events that is likely to see the club change ownership. That is one scenario.

The other is far more unpalatable. Administration – or, if a position with HMRC is not met – a winding up order may be issued.

No more Aston Villa. Doesn't bear thinking about.
Obviously, promotion to the Premier League would have solved the on-going cash crisis.

No wonder Xia, who sat stony-faced at Wembley as Fulham cavorted around the pitch just ten days ago, was unable to show any other emotion.

His world was just about to come crashing around him.

Perhaps it was a taste of things to come. Xia did not sit with his chief executive, Keith Wyness, at the play-off final. Behind the scenes, they had been seated on separate tables.

Strange, you might think, for the two chief decision-makers not to be joined at the hip – to not share the inevitable joy or pain that was about to be inflicted upon them.

But the writing was on the wall.

A few weeks earlier, Wyness, along with director of football Steve Round, had delivered a presentation to Xia at Bodymoor Heath, outlining the two courses of action that would be taken once Villa had qualified for the end-of-season lottery English football calls the play-offs.
One was promotion to the Premier League, the other staying right where Villa were, in the Championship.

Xia received the news. Didn't blink. Didn't move a muscle. Did not utter one single word.

The three-minute silence was eventually broken by Rongtien He, Xia's eyes and ears at Villa Park.

The result of that meeting led Wyness to confess later to a high-level colleague: “Anything other than promotion is not an option.”

By the time the final whistle blew at Wembley, the chief executive knew that he had to act. He had to take action as per his fiduciary duties as a director of the club.

He knew that the money from the Far East had not been received into Villa's bank account. He had to do something. And swiftly.

Steve Bruce looks dejected (Image: Getty Images Europe)
Late last week, with the club's payroll due on Friday, Wyness was on the phone, trying to raise the cash to pay it.

Burnley were contacted. Villa were due another chunk of money from Ashley Westwood's £5m transfer later this month.

They took a hit but the money turned up and the staff were paid. Wyness knew that this could not keep going indefinitely.

Any director who has an inkling that the club is trading insolvently must take advice. That was incumbent upon him.

As a director, he could also put the club into administration. It was that which has led Xia to trashing Wyness's reputation after Villa released a statement suspending their chief executive yesterday afternoon.
The next bill was from HMRC for £4.2m. That was the lever for Xia to use to put Wyness on gardening leave.

The authorities have been as aggressive as you might expect them to be in recovering that cash.

In just over three weeks time, Villa are due to make another payroll payment.

The bills just keep coming. And the cash position is little short of horrendous.

Anyone seeking to take on Villa as a going concern will have to make good a staggering £70m shortfall during the course of the next 12 months.
Due to existing contractual commitments the budget is showing a £25m deficit for 2019-20.

That is a £100m hole that needs plugging.

The parachute payment from the Premier League has dropped to £15m. The cash call is growing, not slowing.

Anyone interested in Villa will have to show a commitment to meeting those costs.

At this rate, Xia won't be seeing much back for his £150m gamble during the past two seasons.

He will be lucky to see the club change hands for £1 because someone has got to make good on his reckless calls.
Due to the football creditors' rule, the likes of Micah Richards, Pierluigi Gollini, Ross McCormack – none of whom kicked a ball in anger last season – will all have to be paid their monstrous salaries.

Xia will be lucky if he trousers anything from this.

He could, of course, raise some cash from selling assets.
Jack Grealish is the main one. A public auction might top £30m for the playmaker who has the world at his feet.

That would meet some of the on-going costs. Buy him some time, potentially, to off-load the club to a buyer.
Villa will auction off Grealish (Image: Clive Mason)
And what of Steve Bruce, the manager who drew together a disparate dressing-room and took Villa to within 90 minutes of diverting this disaster from public attention?

His future has been a subject of debate on message boards and in social media.

He will stay put. He's a tough cookie, Bruce. And anyway, paying him off is a long way down the club's list of priorities.

For now, Xia's got bigger issues to sort out. Like keeping Aston Villa afloat.

 :o
That is utterly fucking grim even if only half of it is true.

I'm less worried about it being half true and more worried by it being half the real story.
Title: Re: Tony’s Statement.
Post by: pauliewalnuts on June 06, 2018, 03:47:00 PM
https://www.mirror.co.uk/sport/football/news/inside-story-behind-aston-villa-12655774

Quote
Aston Villa owner, Dr Tony Xia, has been bankrolling the former European Champions from the moment he set foot inside Villa Park.

Each month, money would arrive from China, into Villa's bank account to make good the shortfall in normal trading operations.


That has happened, without fail, for the past two years.

Only last month, it didn't. April's money was received. May's wasn't. There was no sign of it turning up. It still hasn't.

Incredibly, that is all it has taken to bring this great football club – this cornerstone of the English game - to its knees.

One missed monthly payment. It's a sizeable one. Aston Villa are running a £5-6m monthly deficit on their current outgoings. But still.
Tony Xia with Steve Bruce (Image: Neville Williams)
And now that has set in motion a chain of events that is likely to see the club change ownership. That is one scenario.

The other is far more unpalatable. Administration – or, if a position with HMRC is not met – a winding up order may be issued.

No more Aston Villa. Doesn't bear thinking about.
Obviously, promotion to the Premier League would have solved the on-going cash crisis.

No wonder Xia, who sat stony-faced at Wembley as Fulham cavorted around the pitch just ten days ago, was unable to show any other emotion.

His world was just about to come crashing around him.

Perhaps it was a taste of things to come. Xia did not sit with his chief executive, Keith Wyness, at the play-off final. Behind the scenes, they had been seated on separate tables.

Strange, you might think, for the two chief decision-makers not to be joined at the hip – to not share the inevitable joy or pain that was about to be inflicted upon them.

But the writing was on the wall.

A few weeks earlier, Wyness, along with director of football Steve Round, had delivered a presentation to Xia at Bodymoor Heath, outlining the two courses of action that would be taken once Villa had qualified for the end-of-season lottery English football calls the play-offs.
One was promotion to the Premier League, the other staying right where Villa were, in the Championship.

Xia received the news. Didn't blink. Didn't move a muscle. Did not utter one single word.

The three-minute silence was eventually broken by Rongtien He, Xia's eyes and ears at Villa Park.

The result of that meeting led Wyness to confess later to a high-level colleague: “Anything other than promotion is not an option.”

By the time the final whistle blew at Wembley, the chief executive knew that he had to act. He had to take action as per his fiduciary duties as a director of the club.

He knew that the money from the Far East had not been received into Villa's bank account. He had to do something. And swiftly.

Steve Bruce looks dejected (Image: Getty Images Europe)
Late last week, with the club's payroll due on Friday, Wyness was on the phone, trying to raise the cash to pay it.

Burnley were contacted. Villa were due another chunk of money from Ashley Westwood's £5m transfer later this month.

They took a hit but the money turned up and the staff were paid. Wyness knew that this could not keep going indefinitely.

Any director who has an inkling that the club is trading insolvently must take advice. That was incumbent upon him.

As a director, he could also put the club into administration. It was that which has led Xia to trashing Wyness's reputation after Villa released a statement suspending their chief executive yesterday afternoon.
The next bill was from HMRC for £4.2m. That was the lever for Xia to use to put Wyness on gardening leave.

The authorities have been as aggressive as you might expect them to be in recovering that cash.

In just over three weeks time, Villa are due to make another payroll payment.

The bills just keep coming. And the cash position is little short of horrendous.

Anyone seeking to take on Villa as a going concern will have to make good a staggering £70m shortfall during the course of the next 12 months.
Due to existing contractual commitments the budget is showing a £25m deficit for 2019-20.

That is a £100m hole that needs plugging.

The parachute payment from the Premier League has dropped to £15m. The cash call is growing, not slowing.

Anyone interested in Villa will have to show a commitment to meeting those costs.

At this rate, Xia won't be seeing much back for his £150m gamble during the past two seasons.

He will be lucky to see the club change hands for £1 because someone has got to make good on his reckless calls.
Due to the football creditors' rule, the likes of Micah Richards, Pierluigi Gollini, Ross McCormack – none of whom kicked a ball in anger last season – will all have to be paid their monstrous salaries.

Xia will be lucky if he trousers anything from this.

He could, of course, raise some cash from selling assets.
Jack Grealish is the main one. A public auction might top £30m for the playmaker who has the world at his feet.

That would meet some of the on-going costs. Buy him some time, potentially, to off-load the club to a buyer.
Villa will auction off Grealish (Image: Clive Mason)
And what of Steve Bruce, the manager who drew together a disparate dressing-room and took Villa to within 90 minutes of diverting this disaster from public attention?

His future has been a subject of debate on message boards and in social media.

He will stay put. He's a tough cookie, Bruce. And anyway, paying him off is a long way down the club's list of priorities.

For now, Xia's got bigger issues to sort out. Like keeping Aston Villa afloat.

 :o
That is utterly fucking grim even if only half of it is true.

Jesus Fucking Christ.
Title: Re: Tony’s Statement.
Post by: Three Spires Villa on June 06, 2018, 04:17:20 PM
Aint that the truth!!!
Title: Re: Tony’s Statement.
Post by: wittonwarrior on June 06, 2018, 04:20:19 PM
It was a gamble that has gone badly wrong.  Was it worth a  go - given the financial  pennies in the near distance perhaps  yes. 

What is obviously certain now is that we gambled above any sensible numbers and we never at any time had any plan B.
Title: Re: Tony’s Statement.
Post by: itbrvilla on June 06, 2018, 04:42:57 PM
It was a gamble that has gone badly wrong.  Was it worth a  go - given the financial  pennies in the near distance perhaps  yes. 

What is obviously certain now is that we gambled above any sensible numbers and we never at any time had any plan B.
What was plan A apart from spunking money on any old shit?
Title: Re: Tony’s Statement.
Post by: London Villan on June 06, 2018, 04:56:02 PM
Not getting hysterical when we went 5 games without a win... or 7 points from 7 games... or losing to 3 teams in the bottom half of the table once you get to 2nd place...
Title: Re: Tony’s Statement.
Post by: Lastfootstamper on June 06, 2018, 05:01:39 PM
It was a gamble that has gone badly wrong.  Was it worth a  go - given the financial  pennies in the near distance perhaps  yes. 

What is obviously certain now is that we gambled above any sensible numbers and we never at any time had any plan B.
What was plan A apart from spunking money on any old shit?

Indeed. As what now appears to have been a promotion-or-bust attempt, it was well shit. What was it, about three minutes in the automatic spots all season?
Title: Re: Tony’s Statement.
Post by: OCD on June 06, 2018, 05:01:59 PM
Thinking about the wider picture in the whole of this and football in general is creating big problems for itself. The money in the Premier League is so different to the Championship that any established Premier League club that gets relegated must either get itself back up very quickly or it could go bust. Would Newcastle have been any different if they hadn't gone back up straight away? It's no wonder then that there are so many small clubs in the Premier League, who don't get hurt as much if they go back down and clubs like ourselves and Leeds.
Title: Re: Tony’s Statement.
Post by: boozey182 on June 06, 2018, 05:10:06 PM
It was a gamble that has gone badly wrong.  Was it worth a  go - given the financial  pennies in the near distance perhaps  yes. 

What is obviously certain now is that we gambled above any sensible numbers and we never at any time had any plan B.
What was plan A apart from spunking money on any old shit?

It's hard to get my head around any of this, but all of a sudden every signing we've made in the last 18 months just seems even more useless. We've overpaid for every single one, and without a clear plan of how to use most. It seemed stupid at the time, but now knowing how much was at stake, it's absolutely scandalous! I mean, that was them (Bruce, Wyness, Round, Xia(?)) really trying their absolute best to go up last season - presumably all knowing the consequences if they didn't. And it was fucking useless. When I'm close to being skint, I'm really careful with how I use it. You know, really ponder over every purchase. They seemed to be throwing it about like week-old bread to the ducks. Which, incidentally, is very bad for them!!!

Isn't there an ombudsman we can appeal to?!
Title: Re: Tony’s Statement.
Post by: ChicagoLion on June 06, 2018, 05:20:43 PM
As was said many times, they bet the Farm on promotion.
Title: Re: Tony’s Statement.
Post by: sirlordbaltimore on June 06, 2018, 05:25:06 PM


Think of all the old buggers moaning about this league and how much they hate it for the past two seasons.

Now imagine the same people if we hadn't even spent all that money trying to get out of it.

The club tried, and failed. That's ambition apparently.

Maybe, with hindsight we should've adopted a new young/fresh team approach from the minute we came down. But then again just imagine the howls of derision from the 'we must go straight back up we're Aston Villa entitled brigade' if we had.

I don't know what to think anymore.



Title: Re: Tony’s Statement.
Post by: ChicagoLion on June 06, 2018, 05:30:55 PM


Think of all the old buggers moaning about this league and how much they hate it for the past two seasons.

Now imagine the same people if we hadn't even spent all that money trying to get out of it.

The club tried, and failed. That's ambition apparently.

Maybe, with hindsight we should've adopted a new young/fresh team approach from the minute we came down. But then again just imagine the howls of derision from the 'we must go straight back up we're Aston Villa entitled brigade' if we had.

I don't know what to think anymore.
Just old buggers?
Title: Re: Tony’s Statement.
Post by: paul_e on June 06, 2018, 05:54:28 PM
Think of all the old buggers moaning about this league and how much they hate it for the past two seasons.

Now imagine the same people if we hadn't even spent all that money trying to get out of it.

The club tried, and failed. That's ambition apparently.

Maybe, with hindsight we should've adopted a new young/fresh team approach from the minute we came down. But then again just imagine the howls of derision from the 'we must go straight back up we're Aston Villa entitled brigade' if we had.

I don't know what to think anymore.

No, "we must go up" was, from many of us, a direct result of the club deciding to back a manager whose only value was the promise of promotion and the gamble everything on him managing it.  If we'd have said we're going to take a couple of years to get the finances right, build a style of play and get ourselves in position to go back up and really go for it then I suspect plenty of fans who didn't want Bruce would've accepted it.  It's the ones who wanted Bruce and have backed him at every turn that were putting everything on hoofing our way back to the promised land, one clean sheet at a time.
Title: Re: Tony’s Statement.
Post by: Clampy on June 06, 2018, 06:03:00 PM
I have no regrets backing him. I'd have got behind whoever it was who came in. That's what supporters do.
Title: Re: Tony’s Statement.
Post by: Risso on June 06, 2018, 06:05:02 PM


Think of all the old buggers moaning about this league and how much they hate it for the past two seasons.

Now imagine the same people if we hadn't even spent all that money trying to get out of it.

The club tried, and failed. That's ambition apparently.

Maybe, with hindsight we should've adopted a new young/fresh team approach from the minute we came down. But then again just imagine the howls of derision from the 'we must go straight back up we're Aston Villa entitled brigade' if we had.

I don't know what to think anymore.





It didn't have to be an all or nothing approach.  There are degrees in between not spending anything and gambling everything so that if we didn't go up we're effectively bust.
Title: Re: Tony’s Statement.
Post by: ChicagoLion on June 06, 2018, 06:07:38 PM
I have no regrets backing him. I'd have got behind whoever it was who came in. That's what supporters do.
Yes some see supporting the manager and the club as the same thing.
Some of us see them as separate, I only support the manager if I believe they are right for the club.
Bruce wasn’t.
Title: Re: Tony’s Statement.
Post by: Rudy Can't Fail on June 06, 2018, 06:10:34 PM
It didn't have to be an all or nothing approach.  There are degrees in between not spending anything and gambling everything so that if we didn't go up we're effectively bust.

Indeed. What's happening now won't have come as a surprise to Xia or Wyness, they probably knew the outcome of failure to be promoted back in September, at the latest end of January. All our income and costs are extremely predictable and easy to forecast.
Title: Re: Tony’s Statement.
Post by: cdward on June 06, 2018, 06:12:42 PM
I doubt many would have supported the Norwich City approach to relegation. They have kept the PL money and settled in to life in the championship. There would have been uproar if we did that.
We gambled and it nearly paid off, but it is now going to bite us on the arse for years to come.
Is it better to have tried and failed, or not try at all?
Title: Re: Tony’s Statement.
Post by: ChicagoLion on June 06, 2018, 06:18:35 PM
I doubt many would have supported the Norwich City approach to relegation. They have kept the PL money and settled in to life in the championship. There would have been uproar if we did that.
We gambled and it nearly paid off, but it is now going to bite us on the arse for years to come.
Is it better to have tried and failed, or not try at all?
You do not put the future of the club, it’s employees and it’s supportedrs at stake let alone the millions you have invested.
It was a failed business strategy so it’s betterto try but always be in a position to come back again.
Title: Re: Tony’s Statement.
Post by: brian green on June 06, 2018, 06:19:18 PM
What's all this "old buggers" moaning about being in the Championship?  I posted the other day at one of the other ageists if you are happy with 4th place in the second division, enjoy.  To which I would now add "And threatened with liquidation and 12 point deduction plus financial penalties - enjoy".  Some of us old buggers saw this shit storm coming many many months ago.
Title: Re: Tony’s Statement.
Post by: ChicagoLion on June 06, 2018, 06:21:58 PM
What's all this "old buggers" moaning about being in the Championship?  I posted the other day at one of the other ageists if you are happy with 4th place in the second division, enjoy.  To which I would now add "And threatened with liquidation and 12 point deduction plus financial penalties - enjoy".  Some of us old buggers saw this shit storm coming many many months ago.
Well said Brian.
Title: Re: Tony’s Statement.
Post by: john2710 on June 06, 2018, 06:29:41 PM
So Dr X has pulled the finance, is prevented from providing the finance or doesn't have the money in the first place. Whichever one it is, the information coming out over the last 24 hours seems to indicate that we've has been scraping around for the last few months trying to get money into the club from whatever source possible, Westwood fee, sell on clauses, selling land etc....

Overdraft, season ticket money, parachute payment gone & unpaid tax bills I can't see how the blame for any of this lies anywhere else that at the feet of DrX.

Vultures will be offering less than market value for everyone.

I can't see how DrX will get us out of this mess or how any possible sale will be completed quickly. Any buyer would surely wait until things get really desperate (administration).

Even if we'd gone up, would it only have delayed the inevitable or made a bad situation worse.

UTV
Title: Re: Tony’s Statement.
Post by: Richard E on June 06, 2018, 06:34:25 PM
He’s going to have to sell one way or the other. How could the fans ever put any faith in his regime after this?
Title: Re: Tony’s Statement.
Post by: villa `cross the mersey on June 06, 2018, 06:41:11 PM
What's all this "old buggers" moaning about being in the Championship?  I posted the other day at one of the other ageists if you are happy with 4th place in the second division, enjoy.  To which I would now add "And threatened with liquidation and 12 point deduction plus financial penalties - enjoy".  Some of us old buggers saw this shit storm coming many many months ago.
as an old bugger , I d like to ask all the others old enough to remember the state of the club in 1968/69 - was it worse then compared to now? Obviously the figures now are telephone numbers compared to back then - is there a Pat Matthews or Doug Ellis out there ready to rescue the club?
Who would have  thought back then that in 13/14 years we would be champions of Europe
Title: Re: Tony’s Statement.
Post by: sickbeggar on June 06, 2018, 06:45:02 PM
What's all this "old buggers" moaning about being in the Championship?  I posted the other day at one of the other ageists if you are happy with 4th place in the second division, enjoy.  To which I would now add "And threatened with liquidation and 12 point deduction plus financial penalties - enjoy".  Some of us old buggers saw this shit storm coming many many months ago.


yep, plenty of us didn't want the Bruce "promotion or bust" gamble in any shape or form . Unfortunately Tony and the club went with it.
Title: Re: Tony’s Statement.
Post by: PeterWithesShin on June 06, 2018, 06:45:17 PM
I'm an old(ish) bugger and I hate being in this shit pot league with a passion, however i'd have put up with being in it for a couple of years if we'd basically ripped the club apart and started fresh and built for the long term future, main reason I wanted Bruce gone after the first season was because we still looked a disjointed mess a lot of the time, not because we finished mid-table.
Instead we repeated all the same mistakes of going short term by buying a number of overpriced players that will be hard to shift, building up an unsustainable wage bill and hired a manager that as we've seen built pretty much everything based on a one season push. So now the odds look good that we'll be stuck down here for a fair old while barring a miracle.
Title: Re: Tony’s Statement.
Post by: PaulWinch again on June 06, 2018, 06:47:01 PM
I'm an old(ish) bugger and I hate being in this shit pot league with a passion, however i'd have put up with being in it for a couple of years if we'd basically ripped the club apart and started fresh and built for the long term future, main reason I wanted Bruce gone after the first season was because we still looked a disjointed mess a lot of the time, not because we finished mid-table.
Instead we repeated all the same mistakes of going short term by buying a number of overpriced players that will be hard to shift, building up an unsustainable wage bill and hired a manager that as we've seen built pretty much everything based on a one season push. So now the odds look good that we'll be stuck down here for a fair old while barring a miracle.

Basically articulates my view as well. It’s shocking how badly the club has been managed.
Title: Re: Tony’s Statement.
Post by: CT Villan on June 06, 2018, 06:56:59 PM
Quote from: Stan Collymore, Twitter
Owner believes that one club employee actively pushed for administration so that person could then be a part of a consortium to buy the club again, this ensuring continued role at Villa.

Quote from: Stan Collymore, Twitter
Consortium. Were at NDA stage with another club, tipped off that XXFC were for sale( including intimate financial details), dropped interest in other club and "parties" made sure it was circulated around the press. Shithousery on the grandest of scales.

 That's mental if true...now SVC is trying to get a fan buy-out going !
Title: Re: Tony’s Statement.
Post by: john e on June 06, 2018, 06:58:20 PM
I'm an old(ish) bugger and I hate being in this shit pot league with a passion, however i'd have put up with being in it for a couple of years if we'd basically ripped the club apart and started fresh and built for the long term future, main reason I wanted Bruce gone after the first season was because we still looked a disjointed mess a lot of the time, not because we finished mid-table.
Instead we repeated all the same mistakes of going short term by buying a number of overpriced players that will be hard to shift, building up an unsustainable wage bill and hired a manager that as we've seen built pretty much everything based on a one season push. So now the odds look good that we'll be stuck down here for a fair old while barring a miracle.

100% agree
Title: Re: Tony’s Statement.
Post by: villa `cross the mersey on June 06, 2018, 07:01:16 PM
I'm an old(ish) bugger and I hate being in this shit pot league with a passion, however i'd have put up with being in it for a couple of years if we'd basically ripped the club apart and started fresh and built for the long term future, main reason I wanted Bruce gone after the first season was because we still looked a disjointed mess a lot of the time, not because we finished mid-table.
Instead we repeated all the same mistakes of going short term by buying a number of overpriced players that will be hard to shift, building up an unsustainable wage bill and hired a manager that as we've seen built pretty much everything based on a one season push. So now the odds look good that we'll be stuck down here for a fair old while barring a miracle.
the reality being we have no money to spend and without an inspirational managerial appointment we may struggle to make an impact next season - potentially like our latter days in the top flight only with less financial reward
Ps I didn't realise you were an old 'UN- I had you down as a youngster :)


Title: Re: Tony’s Statement.
Post by: PeterWithesShin on June 06, 2018, 07:07:03 PM
My first game as a nipper was around 74/75 which gives my age away a tad!
Title: Re: Tony’s Statement.
Post by: villa `cross the mersey on June 06, 2018, 07:09:31 PM
My first game as a nipper was around 74/75 which gives my age away a tad!
I'll guess 49/50.   Still a youngster !!!
Title: Re: Tony’s Statement.
Post by: PeterWithesShin on June 06, 2018, 07:10:14 PM
Close, 48.
Title: Re: Tony’s Statement.
Post by: Rudy Can't Fail on June 06, 2018, 07:14:00 PM
Quote from: Stan Collymore, Twitter
Owner believes that one club employee actively pushed for administration so that person could then be a part of a consortium to buy the club again, this ensuring continued role at Villa.

Quote from: Stan Collymore, Twitter
Consortium. Were at NDA stage with another club, tipped off that XXFC were for sale( including intimate financial details), dropped interest in other club and "parties" made sure it was circulated around the press. Shithousery on the grandest of scales.

 That's mental if true...now SVC is trying to get a fan buy-out going !

It most certainly is a strange one. It doesn't leave much to the imagination to guess who he's talking about.
Stan has always been a big supporter of fan ownership/part ownership.
Title: Re: Tony’s Statement.
Post by: villa `cross the mersey on June 06, 2018, 07:17:28 PM
Close, 48.
did you go to the 75 League Cup Final?
My father had to literally drag me out of bed as I was suffering from pleuresy at the time - I cheered us on from the terraces wearing my pyjamas under my Villa shirt !!
Title: Re: Tony’s Statement.
Post by: PeterWithesShin on June 06, 2018, 07:19:58 PM
Nope, 1977 was my first Wembley trip, on my 7th birthday.
Title: Re: Tony’s Statement.
Post by: sirlordbaltimore on June 06, 2018, 07:23:18 PM
It didn't have to be an all or nothing approach.  There are degrees in between not spending anything and gambling everything so that if we didn't go up we're effectively bust.

Isn't this exactly what we did last season though ?

Season 1 spent way too much, around 40m net
Season 2 reigned it all in and made around 20m profit on transfers
Title: Re: Tony’s Statement.
Post by: Risso on June 06, 2018, 07:25:44 PM
It didn't have to be an all or nothing approach.  There are degrees in between not spending anything and gambling everything so that if we didn't go up we're effectively bust.

Isn't this exactly what we did last season though ?

Season 1 spent way too much, around 40m net
Season 2 reigned it all in and made around 20m profit on transfers

We clearly spent a fortune on wages though, and it was very short term as none of the loan players would still be here in the event of failure.
Title: Re: Tony’s Statement.
Post by: Ad@m on June 06, 2018, 08:33:38 PM
I'm an old(ish) bugger and I hate being in this shit pot league with a passion, however i'd have put up with being in it for a couple of years if we'd basically ripped the club apart and started fresh and built for the long term future, main reason I wanted Bruce gone after the first season was because we still looked a disjointed mess a lot of the time, not because we finished mid-table.
Instead we repeated all the same mistakes of going short term by buying a number of overpriced players that will be hard to shift, building up an unsustainable wage bill and hired a manager that as we've seen built pretty much everything based on a one season push. So now the odds look good that we'll be stuck down here for a fair old while barring a miracle.

I wouldn't be so sure.

A 12 point deduction and a team of kids could result in us going the way of Cov!
Title: Re: Tony’s Statement.
Post by: myf on June 06, 2018, 09:32:17 PM
After events over the past 24 hours makes you wonder why he released his statement last week. Surely if he knew the scale of the shit storm about to unfold he would have kept quiet? Just smacks of someone who doesn't have a clue what has been going on
Title: Re: Tony’s Statement.
Post by: brontebilly on June 06, 2018, 09:49:34 PM


Think of all the old buggers moaning about this league and how much they hate it for the past two seasons.

Now imagine the same people if we hadn't even spent all that money trying to get out of it.

The club tried, and failed. That's ambition apparently.

Maybe, with hindsight we should've adopted a new young/fresh team approach from the minute we came down. But then again just imagine the howls of derision from the 'we must go straight back up we're Aston Villa entitled brigade' if we had.

I don't know what to think anymore.





It didn't have to be an all or nothing approach.  There are degrees in between not spending anything and gambling everything so that if we didn't go up we're effectively bust.

There were warning signs from early days really. Newcastle funded their transfer spend through selling the likes of Sissoko to fund solid buys on the likes of Clark and Gayle.

Xia, Wyness and Round decided on a different approach entirely. We need a striker, let's buy McCormack and Kodjia for 20m combined. McCormack bombs, let's spend another 10m on Hogan about 6 months later. We need a midfielder, let's buy Lansbury and Hourihane in the space of a week. Need a right back, let's get in three.

Wyness is an utter snake. All the faffing about FFP when the solvency of the club has been at risk for months and possibly since the day Xia took over. He oversaw this from day 1, all chips thrown across the table on the 90 mins v Fulham. He should never work in business again not to mind football.

What really galls me is that we had to beg the likes of Burnley and Newcastle for cash to keep the lights on but at the same time were happy to let the likes of Richards and Gabby run down their contracts. Those two charlatans would gladly have taken an upfront cash payment to take their banter elsewhere for the last two years.
Title: Re: Tony’s Statement.
Post by: London Villan on June 06, 2018, 09:55:47 PM
Richards salary for the last 12 months would be quiet handy now.
Title: Re: Tony’s Statement.
Post by: mallo on June 06, 2018, 10:11:59 PM
This all sounds like xia got Wyness in to look good but he wanted ultimate control. Wyness was happy to take the cash and do as he was told and tamper round the edges, now he wants to clear his name. Complete conjecture of course but when it turns to sh*t the higher levels always find their slopey shoulders so none of it is their fault and they can go on to other things. I think of all this, accountability becomes questionable - no-one in this borg will have anything stick and walk away. That is wrong. If a director of a company goes bankrupt there are at least some rules surrounding that.
Title: Re: Tony’s Statement.
Post by: TheMalandro on June 06, 2018, 11:35:23 PM


Think of all the old buggers moaning about this league and how much they hate it for the past two seasons.

Now imagine the same people if we hadn't even spent all that money trying to get out of it.

The club tried, and failed. That's ambition apparently.

Maybe, with hindsight we should've adopted a new young/fresh team approach from the minute we came down. But then again just imagine the howls of derision from the 'we must go straight back up we're Aston Villa entitled brigade' if we had.

I don't know what to think anymore.





It didn't have to be an all or nothing approach.  There are degrees in between not spending anything and gambling everything so that if we didn't go up we're effectively bust.

There were warning signs from early days really. Newcastle funded their transfer spend through selling the likes of Sissoko to fund solid buys on the likes of Clark and Gayle.

Xia, Wyness and Round decided on a different approach entirely. We need a striker, let's buy McCormack and Kodjia for 20m combined. McCormack bombs, let's spend another 10m on Hogan about 6 months later. We need a midfielder, let's buy Lansbury and Hourihane in the space of a week. Need a right back, let's get in three.

Wyness is an utter snake. All the faffing about FFP when the solvency of the club has been at risk for months and possibly since the day Xia took over. He oversaw this from day 1, all chips thrown across the table on the 90 mins v Fulham. He should never work in business again not to mind football.

What really galls me is that we had to beg the likes of Burnley and Newcastle for cash to keep the lights on but at the same time were happy to let the likes of Richards and Gabby run down their contracts. Those two charlatans would gladly have taken an upfront cash payment to take their banter elsewhere for the last two years.

We bought decent championship players, for top dollar. We ended up a decent championship team.
Title: Re: Tony’s Statement.
Post by: PeterWithesShin on June 06, 2018, 11:47:48 PM
Stuart James, The Guardian

Quote
Alarm bells were ringing at Aston Villa long before a tax bill went unpaid last month. The first indication that all was not well came last year, when Tony Xia’s monthly payments stopped arriving with the same frequency, leaving a club that were operating way beyond their means, and are totally dependent on the owner’s financial support, scrambling around to pay the bills.

Xia, the Chinese businessman who revealed that it was his dream to turn Villa into one of the world’s top three clubs when he took over two years ago, had previously always made regular transfers to cover the outgoings, averaging around £4m a month across his first season. Yet the Guardian understands that those payments were made nothing like as consistently from as far back as 2017.

Villa, one way or another, managed to get by for the majority of last season, sometimes by asking clubs to bring forward staggered transfer fees for players that had been sold on. That practice, not uncommon in the Championship, saw Villa write off money in the long term to solve cash-flow problems in the short term.

Reality, however, was about to bite. In April and May, as the season neared the end, the money trail from China dried up completely and Villa’s financial position became critical. HM Revenue & Customs was due a payment in the region of £4m after May’s payroll and Villa, quite simply, had no way of getting their hands on the money.

The Championship play-off final was on the horizon – a get-rich-quick ticket that had the potential to put Villa’s financial worries to bed – but so was the HMRC deadline, which came 24 hours before the pivotal game against Fulham at Wembley. Villa missed the deadline and the golden ticket slipped through their fingers the following day. Suddenly it was crisis time.

Plenty of staff working within Villa Park must have seen the storm coming, including Keith Wyness, the chief executive, who felt duty-bound to act once it became clear that the club were not going to be able to pay HMRC. Wyness, who would have known the fiduciary responsibilities that come with his role on the board, is believed to have sought insolvency advice before and after the Fulham match.

Indeed, it is understood that Wyness advised Xia, who has been in Beijing since the play-off final, of the severe consequences of failing to pay HMRC, including the prospect of Villa being placed in administration and served with a winding up petition.

HMRC, which has adopted a robust approach in recent times to the football industry, was far from impressed with Villa’s inability to pay their tax bill and not minded to cut them much slack. The club were given a 10-day extension, which expired last Tuesday.

Wyness was no longer in control of the day-to-day running of the club by the time that deadline passed, after being told via a letter that he had been suspended. The reasons for that decision have not been made public but it is believed that Xia took exception to Wyness’s views on Villa’s predicament and wants the club to investigate the chief executive’s conduct in relation to the conversations that took place about insolvency.

It is all rather strange and, worryingly for Villa fans, easy to imagine things getting worse before they get better. Even if Villa come up with the money to cover May’s HMRC bill – there are suggestions an agreement will be reached by the end of the week – another payment will be due in less than three weeks’ time and then the whole episode starts again, not overlooking the fact that there will be many other creditors to satisfy. An exodus of players, including the departure of Jack Grealish, the club’s prize asset, seems inevitable.

Although complying with the Championship’s financial fair play rules threatens to be a major issue now that Villa’s three-year-loss limit has fallen to £39m, FFP is a problem for another day. The more pressing concern is the here and now, highlighted by a sobering story in the Birmingham Mail, revealing that the club are considering selling a plot of land close to Villa Park, which is used as a staff car park, to raise a few million quid.

This is the same club that embarked on an unprecedented spending spree at Championship level the season before last, when £88m was splurged on signings. Xia was effectively placing all his claret and blue chips on winning promotion with a high-risk strategy that has badly backfired and leaves the club with a huge financial void to fill next season, with or without his funding.

How much Xia is actually worth is a matter of debate and tied in with the question of why he is no longer bankrolling Villa. A key reason put forward is that the Chinese government has clamped down on capital flight, where investors send their money out of the country, although some Villa fans could be forgiven for wondering if that is a smokescreen for other issues. The club have been approached for comment.

Reports about potential takeovers continue to give those fans a glimmer of hope that there could be a resolution, although no change of ownership is anticipated in the near future. In fact, all that can be said for sure right now is that one of England’s most famous football clubs is in an awful mess.
Title: Re: Tony’s Statement.
Post by: ChicagoLion on June 07, 2018, 12:05:03 AM
Looks like a pretty reasonable précis of our situation.
Title: Re: Tony’s Statement.
Post by: wozwebs on June 07, 2018, 12:17:38 AM
https://www.expressandstar.com/sport/football/aston-villa/2018/06/06/tom-watson-calls-on-government-to-suspend-moves-that-could-push-aston-villa-into-the-abyss/
Title: Re: Tony’s Statement.
Post by: PeterWithesShin on June 07, 2018, 12:21:39 AM
Not sure why a retired golfer is getting involved.
Title: Re: Tony’s Statement.
Post by: adrenachrome on June 07, 2018, 01:07:38 AM
Not sure in which of  5 threads to post this, but anyway this is from The Times.

Quote
Aston Villa owe more than £11 million in transfer fees to fellow Sky Bet Championship clubs who, under the football creditors’ rule, are entitled to be paid before HM Revenue & Customs (HMRC) or other businesses, The Times has learnt.

It is understood that Villa are due to pay the final instalments in the transfer fees of Ross McCormack and James Chester this summer, with Fulham and West Bromwich Albion owed payments of £6 million and £2 million respectively, while Brentford are owed £3 million for the transfer of Scott Hogan, with the final instalment due next January.

The full scale of the financial crisis at Villa after their play-off final defeat by Fulham has emerged over the past few days, culminating in the dramatic events on Tuesday when the chief executive Keith Wyness was placed on gardening leave, with the owner Tony Xia taking full control of the club.

Ironically, having plunged Villa into turmoil by beating them 1-0 at Wembley, Fulham are one of their biggest creditors, with the £6 million balance outstanding from the £12 million McCormack transfer a larger liability than the £4.2 million tax bill for May owed to HMRC, which the club are confident of settling later this week.

Under the football creditors’ rule, clubs and players are paid in full before other creditors if a League club enters insolvency. Wyness was suspended as he was one of three directors able to put Villa into administration, along with Xia and his aide Tracy Gu, and had clashed with the owner over the best way to keep the club afloat.

The former Everton chief executive was forced to go to extraordinary lengths to ensure that Villa paid their staff’s wages last month and succeeded in bringing forward a payment owed by Burnley after the transfer of Ashley Westwood, although Villa had to accept a significant reduction to get the money early.

Villa are paying the price for lavish spending in the 2016-17 season under Xia after their relegation from the Premier League, with McCormack, Chester and Hogan the most expensive of 14 players signed during that campaign for a total of £37 million.

Xia has attracted several potential buyers for Villa, including the New York Yankees minority shareholder Peter B Freund, as The Times revealed yesterday, and have secured a £6 million loan to pay off the club’s tax debt and stave off the threat of a winding-up order from HMRC.

The crisis has led to Steve Bruce seeking urgent talks with Xia to clarify his position as manager and the plans for the squad. Xia is expected to order a fire sale of players, although Chester and Jack Grealish are the only ones likely to command significant transfer fees. Others, including Mile Jedinak, Glenn Whelan and Ahmed Elmohamady, could be sold for smaller fees.
Title: Re: Tony’s Statement.
Post by: TonyD on June 07, 2018, 01:21:41 AM
Have heard the tax owing is way more than £14m,  hence the panic.
Title: Re: Tony’s Statement.
Post by: Monty on June 07, 2018, 01:28:10 AM
It had to be fees for the absolute shittest players didn't it (apart from Chester).
Title: Re: Tony’s Statement.
Post by: Matt Collins on June 07, 2018, 02:06:41 AM
We obviously don't want to be wound up

But the HMRC threat must be one of the ways Xia will be forced out. I don't want an interminable stay of execution while we flog off all the best players, BMH and scraps of land here and there
Title: Re: Tony’s Statement.
Post by: Villafirst on June 07, 2018, 05:47:21 AM
Tony Xia: "I'm a businessman" really??
Title: Re: Tony’s Statement.
Post by: sickbeggar on June 07, 2018, 08:28:06 AM
From here it just looks like the whole management covered their eyes when faced with the financial realities,whilst babbling "we're going up, it will be alright". Anyone with access to the figures like Wyness would have known the wages bill would catch up with us this summer as well as the transfer payments due to other clubs. And yet they were still giving out contracts to companies to dig up our pitch. It's like they all decided to suspend reality because they didn't like the look of it.
Title: Re: Tony’s Statement.
Post by: oldhill_avfc on June 07, 2018, 08:37:33 AM
Or maybe they were acting on the wishes of the owner?

Lest face it xia was the one saying he was a billionaire and wanted to get into europes elite in a few years and presumable behind the scenes was initially offering and delivering monthly cash flow payments.
Title: Re: Tony’s Statement.
Post by: sickbeggar on June 07, 2018, 08:55:12 AM
Or maybe they were acting on the wishes of the owner?

Lest face it xia was the one saying he was a billionaire and wanted to get into europes elite in a few years and presumable behind the scenes was initially offering and delivering monthly cash flow payments.


Well yeah, that will have to be their defence. We knew we were in deep shit with debts mounting up, but hey Tony's a billionaire. Not sure how many billionaires run their businesses hand to mouth though, because y'know billionaires don't need to.

Title: Re: Tony’s Statement.
Post by: pauliewalnuts on June 07, 2018, 09:07:49 AM
Or maybe they were acting on the wishes of the owner?

Lest face it xia was the one saying he was a billionaire and wanted to get into europes elite in a few years and presumable behind the scenes was initially offering and delivering monthly cash flow payments.


Well yeah, that will have to be their defence. We knew we were in deep shit with debts mounting up, but hey Tony's a billionaire. Not sure how many billionaires run their businesses hand to mouth though, because y'know billionaires don't need to.



Also not sure how many self made billionaires fail to understand the importance of cash flow.
Title: Re: Tony’s Statement.
Post by: oldhill_avfc on June 07, 2018, 09:09:33 AM
I'm also not sure what else they were supposed to do.  It's a private company, the owner tells you your objectives and agrees the financial plan (which we assume he promised to fund).

All seemed to be going well until Xia stopped the payments.  Then Wyness had to manage the situation hand-to-mouth presumably while trying to have a conversation with Xia who either wasn't listening or couldn't act.

Wyness then gets effectively sacked when the situation becomes untenable and he needs to act according to his legal responsibilities.

All supposition of course, but Wyness's position seems credible - unless you actually believe Xia is what he claims to be.
Title: Re: Tony’s Statement.
Post by: Walmley_Villa on June 07, 2018, 09:12:03 AM
I'm wondering if the Wyness suspension is down to Xia worrying about losing face. Wyness used as the scapegoat.
Title: Re: Tony’s Statement.
Post by: Drummond on June 07, 2018, 09:50:19 AM
Quote from: The Times
Wyness was suspended as he was one of three directors able to put Villa into administration, along with Xia and his aide Tracy Gu, and had clashed with the owner over the best way to keep the club afloat.

Seems like the most plausible reason to me and makes the most sense.

The articles saying Wyness had done nothing wrong would bear this out. In effect, by suspending him Xia has safeguarded Wyness from any blame and responsibility, and safeguarded his own position of not wanting to go into administration.

Whether it's the right thing to do, however, we won't know for a while.

On a separate note, I notice the Recon website hasn't posted any News for 15 months.....
Title: Re: Tony’s Statement.
Post by: Risso on June 07, 2018, 09:53:51 AM
Quote from: The Times
Wyness was suspended as he was one of three directors able to put Villa into administration, along with Xia and his aide Tracy Gu, and had clashed with the owner over the best way to keep the club afloat.

Seems like the most plausible reason to me and makes the most sense.

The articles saying Wyness had done nothing wrong would bear this out. In effect, by suspending him Xia has safeguarded Wyness from any blame and responsibility, and safeguarded his own position of not wanting to go into administration.

Whether it's the right thing to do, however, we won't know for a while.

On a separate note, I notice the Recon website hasn't posted any News for 15 months.....

If I was Wyness I'd have copied all of my emails onto a memory stick and got my letter of resignation off to Companies House straight away.  Presumably if it all goes tits up, Xia isn't going to worry unduly about being struck off as a director in the UK as he can just hide back in China and carry on selling his MSG to the catering industry.  In his shit shoes, the shit-shoed bastard.
Title: Re: Tony’s Statement.
Post by: David_Nab on June 07, 2018, 11:11:44 AM
Dr. Tony Xia

Verified account
 
@Dr_TonyXia
Following Following @Dr_TonyXia
More
It has been very difficult 2weeks as I hinted earlier I was almost heartbroken by something.Tried my best to keep beloved AV move forward. Thanks for all ppl standing together going through the difficult time. It was all supporters’ encouraging words to keep me/us stronger.  #UTV
Title: Re: Tony’s Statement.
Post by: jwarry on June 07, 2018, 11:12:39 AM
Dr. Tony Xia

Verified account
 
@Dr_TonyXia
Following Following @Dr_TonyXia
More
It has been very difficult 2weeks as I hinted earlier I was almost heartbroken by something.Tried my best to keep beloved AV move forward. Thanks for all ppl standing together going through the difficult time. It was all supporters’ encouraging words to keep me/us stronger.  #UTV

He's heartbroken, wtf are we!
Title: Re: Tony’s Statement.
Post by: claretandblue barmy on June 07, 2018, 11:15:28 AM
'Almost Heartbroken' ! only almost mind !
Title: Re: Tony’s Statement.
Post by: AlexAlexCropley on June 07, 2018, 11:17:22 AM
DAMN IT JOHN! DAMN IT TO HELL AND BACK.
WITH AN EXTRA PORTION OF DAMN!
Title: Re: Tony’s Statement.
Post by: ozzjim on June 07, 2018, 11:20:12 AM
It literally means nothing!
Title: Re: Tony’s Statement.
Post by: john e on June 07, 2018, 11:20:49 AM
Dr. Tony Xia

Verified account
 
@Dr_TonyXia
Following Following @Dr_TonyXia
More
It has been very difficult 2weeks as I hinted earlier I was almost heartbroken by something.Tried my best to keep beloved AV move forward. Thanks for all ppl standing together going through the difficult time. It was all supporters’ encouraging words to keep me/us stronger.  #UTV

He's heartbroken, wtf are we!

he's looking at losing 150 million pounds
I think the last owner lost a similar amount

Stability
Title: Re: Tony’s Statement.
Post by: wozwebs on June 07, 2018, 11:22:39 AM
"Tried my best" past tense so sounds like that's a farewell to me.
Title: Re: Tony’s Statement.
Post by: andyh on June 07, 2018, 11:24:29 AM
Agreed, that looks far more like a goodbye than his previous tweet suggesting Bruce might be going.
Title: Re: Tony’s Statement.
Post by: saunders_heroes on June 07, 2018, 11:24:41 AM
Sounds like he’s off from reading that.
Title: Re: Tony’s Statement.
Post by: liam on June 07, 2018, 11:24:48 AM
"Tried my best" past tense so sounds like that's a farewell to me.

Thats how I read it - either sold or enter administration.....
Title: Re: Tony’s Statement.
Post by: Drummond on June 07, 2018, 11:24:56 AM
"Tried my best" past tense so sounds like that's a farewell to me.

Given his standard of English, trying to guess what he means is pointless. That tense thing could be wholly inaccurate.
Title: Re: Tony’s Statement.
Post by: andyh on June 07, 2018, 11:26:50 AM
He should have done it with emojis.

😱😭😱💩💩💩💩✈️🤮👋
Title: Re: Tony’s Statement.
Post by: PaulWinch again on June 07, 2018, 11:28:20 AM
I think the tense is wrong.
Title: Re: Tony’s Statement.
Post by: Des Little on June 07, 2018, 11:28:32 AM
He can go and fuck himself.  He gambled our club away and now he wants our sympathy?  Cry me a river you wanker.  And sell up.
Title: Re: Tony’s Statement.
Post by: Jon Crofts on June 07, 2018, 11:34:02 AM
Back to making monosodium glutamate and leave running football clubs to the grown ups you fucking charlatan.
Title: Re: Tony’s Statement.
Post by: David_Nab on June 07, 2018, 11:46:39 AM
He is not blameless but it looks like he put around £150 mil in , Wyness on other hand too 300k a year in salary and mismanaged the wages to an epic degree
Title: Re: Tony’s Statement.
Post by: Monty on June 07, 2018, 11:52:07 AM
He is not blameless but it looks like he put around £150 mil in , Wyness on other hand too 300k a year in salary and mismanaged the wages to an epic degree

Don't care how much he's put in, if he's not good for all the spending he promised he'd underwrite then he's fucked up immensely.
Title: Re: Tony’s Statement.
Post by: OzVilla on June 07, 2018, 11:55:13 AM
In fairness, we really don't know the full story but suffice to say that no one comes out of this well, Xia, Wyness, Round or Bruce.  They've all have been culpable in some way, it's just to what degree.  The statement is impossible to really decipher as it's clearly his 2nd language.  One thing I do know is that right now, yet again, we are a complete shambles.



Title: Re: Tony’s Statement.
Post by: Des Little on June 07, 2018, 11:56:54 AM
He knew enough English to do those deals and gamble on our very existence.  He knew what he was doing.
Title: Re: Tony’s Statement.
Post by: SheffieldVillain on June 07, 2018, 11:58:39 AM
He is not blameless but it looks like he put around £150 mil in , Wyness on other hand too 300k a year in salary and mismanaged the wages to an epic degree

I'd have to agree with that.

Had the money that was there been spent wisely, we would be in the Premier League now and there would be a lot more in the 'incomings' column. Wyness was Steve Bruce's superior, he was supposed to have the lifetime of football administration - that's why he was brought in. It's no good playing the 'doing the best thing for the club' card now. The time for that was not signing off on tens of millions of pounds letting a squad be built which was 40% comprised of right backs and crap strikers on big money.  Dr. Tony has been very naive yes, but Wyness (and Bruce) take their share of the blame so the reporters trying to paint Wyness as some kind of wannabe guardian angel battling the owner for the long term good of the Villa can fuck right off.
Title: Re: Tony’s Statement.
Post by: UK Redsox on June 07, 2018, 12:00:56 PM
He should have done it with emojis.

😱😭😱💩💩💩💩✈️🤮👋

He could have done one of his mathematical formula tweets.

However, I'm not sure what the symbols are for circling a plughole
Title: Re: Tony’s Statement.
Post by: Sexual Ealing on June 07, 2018, 12:06:57 PM
He is not blameless but it looks like he put around £150 mil in , Wyness on other hand too 300k a year in salary and mismanaged the wages to an epic degree

I'd have to agree with that.

Had the money that was there been spent wisely, we would be in the Premier League now and there would be a lot more in the 'incomings' column. Wyness was Steve Bruce's superior, he was supposed to have the lifetime of football administration - that's why he was brought in. It's no good playing the 'doing the best thing for the club' card now. The time for that was not signing off on tens of millions of pounds letting a squad be built which was 40% comprised of right backs and crap strikers on big money.  Dr. Tony has been very naive yes, but Wyness (and Bruce) take their share of the blame so the reporters trying to paint Wyness as some kind of wannabe guardian angel battling the owner for the long term good of the Villa can fuck right off.

Good point.
Title: Re: Tony’s Statement.
Post by: liam on June 07, 2018, 12:18:36 PM
Aston Villa Football Club can confirm that an agreement has been reached with HMRC and the club will continue to fulfil its obligations.
The club can also announce that there are no insolvency practitioners or administration advisors working with the club.
Owner and Chairman Dr Tony Xia would like to take this opportunity to sincerely thank supporters during this difficult and unsettling time and reassure them plans are now being put in place to move the club forward.

Just appeared on the website
Title: Re: Tony’s Statement.
Post by: aj2k77 on June 07, 2018, 12:20:28 PM
Sorry Tone, you talk bollocks. Can't believe a word he says. He lives in cloud cuckoo land but his playing around is putting the existence of the club myself and my family going back generations at risk.

Fuck off.

Asap, please.
Title: Re: Tony’s Statement.
Post by: Jon Crofts on June 07, 2018, 12:22:08 PM
Aston Villa Football Club can confirm that an agreement has been reached with HMRC and the club will continue to fulfil its obligations.
The club can also announce that there are no insolvency practitioners or administration advisors working with the club.
Owner and Chairman Dr Tony Xia would like to take this opportunity to sincerely thank supporters during this difficult and unsettling time and reassure them plans are now being put in place to move the club forward.

Just appeared on the website

Delusional.
Title: Re: Tony’s Statement.
Post by: liam on June 07, 2018, 12:23:29 PM
Aston Villa Football Club can confirm that an agreement has been reached with HMRC and the club will continue to fulfil its obligations.
The club can also announce that there are no insolvency practitioners or administration advisors working with the club.
Owner and Chairman Dr Tony Xia would like to take this opportunity to sincerely thank supporters during this difficult and unsettling time and reassure them plans are now being put in place to move the club forward.

Just appeared on the website

Delusional.
Potential sale?
Title: Re: Tony’s Statement.
Post by: Holy Trinity on June 07, 2018, 12:24:21 PM
Plans are as follows

1. Fly home
2. Blame my government
3. Pretend we are fine to get a decent price
4. Stick fingers in ears, bury head in sand and prey a buyer turns up before the 30th
Title: Re: Tony’s Statement.
Post by: Jon Crofts on June 07, 2018, 12:26:03 PM
Aston Villa Football Club can confirm that an agreement has been reached with HMRC and the club will continue to fulfil its obligations.
The club can also announce that there are no insolvency practitioners or administration advisors working with the club.
Owner and Chairman Dr Tony Xia would like to take this opportunity to sincerely thank supporters during this difficult and unsettling time and reassure them plans are now being put in place to move the club forward.

Just appeared on the website

Delusional.
Potential sale?

Sales don't happen overnight, we've a tax bill outstanding still with payment due next week and then there's the next salary run and associated PAYE, where's the magic money tree suddenly come from?
Title: Re: Tony’s Statement.
Post by: Drummond on June 07, 2018, 12:27:44 PM
Aston Villa Football Club can confirm that an agreement has been reached with HMRC and the club will continue to fulfil its obligations.
The club can also announce that there are no insolvency practitioners or administration advisors working with the club.
Owner and Chairman Dr Tony Xia would like to take this opportunity to sincerely thank supporters during this difficult and unsettling time and reassure them plans are now being put in place to move the club forward.

Just appeared on the website

Delusional.
Potential sale?

Sales don't happen overnight, we've a tax bill outstanding still with payment due next week and then there's the next salary run and associated PAYE, where's the magic money tree suddenly come from?

What have we been using for the last couple of years then?
Title: Re: Tony’s Statement.
Post by: Clark W Griswold on June 07, 2018, 12:28:50 PM
If he's sorted the immediate shit and decided to sell, fair play to him. At least he's not keeping us dangling for 5-6 years like that fuckwit Lerner, the real reason why we're in this state in the first place. Xia has had a go and it's not worked although we were close.
Title: Re: Tony’s Statement.
Post by: andyh on June 07, 2018, 12:34:25 PM
Aston Villa Football Club can confirm that an agreement has been reached with HMRC and the club will continue to fulfil its obligations.
The club can also announce that there are no insolvency practitioners or administration advisors working with the club.
Owner and Chairman Dr Tony Xia would like to take this opportunity to sincerely thank supporters during this difficult and unsettling time and reassure them plans are now being put in place to move the club forward.

Just appeared on the website
So, our football club is not currently being declared insolvent or going into administration.

All’s fucking good then, isn’t it !     

 (That’s Sarcasm by the way)
Title: Re: Tony’s Statement.
Post by: Jon Crofts on June 07, 2018, 12:36:55 PM
Aston Villa Football Club can confirm that an agreement has been reached with HMRC and the club will continue to fulfil its obligations.
The club can also announce that there are no insolvency practitioners or administration advisors working with the club.
Owner and Chairman Dr Tony Xia would like to take this opportunity to sincerely thank supporters during this difficult and unsettling time and reassure them plans are now being put in place to move the club forward.

Just appeared on the website

Delusional.
Potential sale?

Sales don't happen overnight, we've a tax bill outstanding still with payment due next week and then there's the next salary run and associated PAYE, where's the magic money tree suddenly come from?

What have we been using for the last couple of years then?

It's run out mate, we're overdrawn at the TSB and our cheque book has been confiscated.
Title: Re: Tony’s Statement.
Post by: ZhongYi on June 07, 2018, 12:37:58 PM
what that means is he has probably borrowed money from other people in China.

that is how people do business over here. it is probably how he bought the club in the first place.

Title: Re: Tony’s Statement.
Post by: Richard E on June 07, 2018, 12:38:25 PM
I couldn’t give a toss how much he’s ‘hurting.’
Title: Re: Tony’s Statement.
Post by: Clark W Griswold on June 07, 2018, 12:41:14 PM
Aston Villa Football Club can confirm that an agreement has been reached with HMRC and the club will continue to fulfil its obligations.
The club can also announce that there are no insolvency practitioners or administration advisors working with the club.
Owner and Chairman Dr Tony Xia would like to take this opportunity to sincerely thank supporters during this difficult and unsettling time and reassure them plans are now being put in place to move the club forward.

Just appeared on the website

Delusional.
Potential sale?

Sales don't happen overnight, we've a tax bill outstanding still with payment due next week and then there's the next salary run and associated PAYE, where's the magic money tree suddenly come from?

What have we been using for the last couple of years then?

To be fair Drummond it's being reported that he's had difficulties getting money out of China for nearly a year, its bit particularly hard lately. Probably the reason he's selling if that's his intention. It's not to say that he won't get something through in between though, if it continues to be more 'intermittent' than stopped for good. Or failing that we'll raise the money through transfers I would imagine, doesn't take that long for those to go through, or maybe this car park that's been mentioned.
Title: Re: Tony’s Statement.
Post by: ChicagoLion on June 07, 2018, 12:43:50 PM
If he has sorted out the HMRC debtband is he’ll bent on keeping control, now watch the players being sold to pay the money back.
Title: Re: Tony’s Statement.
Post by: Clark W Griswold on June 07, 2018, 12:51:19 PM
If he has sorted out the HMRC debtband is he’ll bent on keeping control, now watch the players being sold to pay the money back.

Or the other possibility is that he would consider it to be career endingly bad for the club to go bust so he'll make sure that doesn't happen and then get out while he can, unwilling to gamble on a football club any further.
Title: Re: Tony’s Statement.
Post by: andyh on June 07, 2018, 12:52:56 PM
If he has sorted out the HMRC debtband is he’ll bent on keeping control, now watch the players being sold to pay the money back.

Precisely.
The loans he has just taken need repaying, as well as the normal bills and the next tax bill.
Title: Re: Tony’s Statement.
Post by: ChicagoLion on June 07, 2018, 12:57:53 PM
If he has sorted out the HMRC debtband is he’ll bent on keeping control, now watch the players being sold to pay the money back.

Or the other possibility is that he would consider it to be career endingly bad for the club to go bust so he'll make sure that doesn't happen and then get out while he can, unwilling to gamble on a football club any further.
I sincerely hope this is the case. That he is keeping it afloat for a sale and the sale happens quickly.
Title: Re: Tony’s Statement.
Post by: Richard E on June 07, 2018, 12:58:52 PM
He can’t stay long term. His credibility is completely shot.
Title: Re: Tony’s Statement.
Post by: themossman on June 07, 2018, 01:06:30 PM
I couldn’t give a toss how much he’s ‘hurting.’

First thing I thought. What an ego-maniacal little prick.
Title: Re: Tony’s Statement.
Post by: Richard E on June 07, 2018, 01:06:45 PM
I must have missed the part where he apologised to the fans for landing OUR club in this mess.
Title: Re: Tony’s Statement.
Post by: old man villa fan on June 07, 2018, 01:07:54 PM
I'm an old(ish) bugger and I hate being in this shit pot league with a passion, however i'd have put up with being in it for a couple of years if we'd basically ripped the club apart and started fresh and built for the long term future, main reason I wanted Bruce gone after the first season was because we still looked a disjointed mess a lot of the time, not because we finished mid-table.
Instead we repeated all the same mistakes of going short term by buying a number of overpriced players that will be hard to shift, building up an unsustainable wage bill and hired a manager that as we've seen built pretty much everything based on a one season push. So now the odds look good that we'll be stuck down here for a fair old while barring a miracle.

100% agree.
Title: Re: Tony’s Statement.
Post by: villadelph on June 07, 2018, 01:23:15 PM
I couldn’t give a toss how much he’s ‘hurting.’

First thing I thought. What an ego-maniacal little prick.

Is it true he was in tears while on the conference call with the tax man?
Title: Re: Tony’s Statement.
Post by: SamTheMouse on June 07, 2018, 01:23:38 PM
Fucker's no better than the hairdresser. C**t.
Title: Re: Tony’s Statement.
Post by: aj2k77 on June 07, 2018, 01:24:53 PM
Hurting. Pathetic, his ego is bruised, he's been part of the Villa tapestry and us his for barely 2 years. The Villa have been part of my life for pretty much all of it that I can remember. Child and Adulthood. The bloke has no idea what he is on about.

Title: Re: Tony’s Statement.
Post by: Des Little on June 07, 2018, 01:32:32 PM
Seriously, who on here would trust him staying in charge?  I'll wait.
Title: Re: Tony’s Statement.
Post by: VinnieChase84 on June 07, 2018, 01:41:19 PM
Seriously, who on here would trust him staying in charge?  I'll wait.

No one - his position is untenable. He has to sell up
Title: Re: Tony’s Statement.
Post by: Pat McMahon on June 07, 2018, 02:21:46 PM
If he has sorted out the HMRC debtband is he’ll bent on keeping control, now watch the players being sold to pay the money back.

Or the other possibility is that he would consider it to be career endingly bad for the club to go bust so he'll make sure that doesn't happen and then get out while he can, unwilling to gamble on a football club any further.

Based on absolutely nothing, this is my most likely scenario too.
Title: Re: Tony’s Statement.
Post by: frank black on June 07, 2018, 02:25:51 PM
His last tweet reads like a suicide note.
Title: Re: Tony’s Statement.
Post by: Marlon From Bearwood on June 07, 2018, 02:26:29 PM
Seriously, who on here would trust him staying in charge?  I'll wait.

No one - his position is untenable. He has to sell up

This. There’s no coming back from this now for the Dr. The sooner he goes, the better.

And then we start the whole process again. (Sigh)
Title: Re: Tony’s Statement.
Post by: Richard E on June 07, 2018, 02:27:00 PM
His last tweet reads like a suicide note.

Does he have £40m in life insurance?
Title: Re: Tony’s Statement.
Post by: Rudy Can't Fail on June 07, 2018, 02:54:19 PM
His last tweet reads like a suicide note.

Does he have £40m in life insurance?

Yes but he does but forgot to pay his last premium.
Title: Re: Tony’s Statement.
Post by: PeterWithe on June 07, 2018, 03:17:33 PM
Hurrah, we are saved. At least until the end of the month.
Title: Re: Tony’s Statement.
Post by: jwarry on June 07, 2018, 05:14:25 PM
I probably shouldn't say this but I am beginning to feel a bit sorry for Tony.  He inherited an absolute basket case which no doubt was losing money (do we know if Randy was propping us up by £4m a month before Tony took over?) and then was probably advised by KW and RDM to throw more money at it to gamble on a quick return to the PL, probably assuring him it would be a no brainer because they would get the right players (assuming Tone knows nothing about football of course!). 

So he did and ended up pouring more petrol on the fire because they couldn't get rid of the wasters.  Is this his fault?  Bottom line now is that he is personally trying to put out the fires and sounds like he has at least saved us for now, and possibly found some new investment to boot which might be what we need rather than a complete new change of ownership. There again he could be the Crason Young-Like chancer many have made him out to be, but I have seen nothing from his statements or tweets that suggest he didn't want the best for the club.  I guess it will all come out in the next few weeks if we see our best players all buggering off, but for now I am clinging to the notion that he is trying to do his best to get investment in so we can field a team that can challenge again next season - he said with every extremity tightly crossed....
Title: Re: Tony’s Statement.
Post by: Villafirst on June 07, 2018, 05:21:51 PM
How can anyone feel sorry for Xia? He's brought nothing but shame and embarrassment on our great club. A complete amateur at running a football club. He needs to do the right thing and sell-up as soon as possible  - can we trust him to find the right owner??
Title: Re: Tony’s Statement.
Post by: Risso on June 07, 2018, 05:23:10 PM
I probably shouldn't say this but I am beginning to feel a bit sorry for Tony.  He inherited an absolute basket case which no doubt was losing money (do we know if Randy was propping us up by £4m a month before Tony took over?) and then was probably advised by KW and RDM to throw more money at it to gamble on a quick return to the PL, probably assuring him it would be a no brainer because they would get the right players (assuming Tone knows nothing about football of course!). 

So he did and ended up pouring more petrol on the fire because they couldn't get rid of the wasters.  Is this his fault?  Bottom line now is that he is personally trying to put out the fires and sounds like he has at least saved us for now, and possibly found some new investment to boot which might be what we need rather than a complete new change of ownership. There again he could be the Crason Young-Like chancer many have made him out to be, but I have seen nothing from his statements or tweets that suggest he didn't want the best for the club.  I guess it will all come out in the next few weeks if we see our best players all buggering off, but for now I am clinging to the notion that he is trying to do his best to get investment in so we can field a team that can challenge again next season - he said with every extremity tightly crossed....

He's supposedly a billionaire businessman.  He should have known exactly what it was he was getting himself into.
Title: Re: Tony’s Statement.
Post by: wittonwarrior on June 07, 2018, 05:23:35 PM
We dared to believe and we could still be believing if we had won at Wembley.  As it stands appears he is another football fraud.  Just wish it hadn't happened to our club.
Title: Re: Tony’s Statement.
Post by: PeterWithe on June 07, 2018, 05:29:51 PM
We’ve seemed to have attracted the shittest billionaires on the planet
Title: Re: Tony’s Statement
Post by: oldhill_avfc on June 07, 2018, 05:38:03 PM
Singular not pleural
Title: Re: Tony’s Statement.
Post by: kippaxvilla2 on June 07, 2018, 05:41:07 PM
To be fair to him he has been funding a £5m a month working capital funding gap for nearly two years.  That is quite a lot of dough when you think about it.  Betting the house on one game though was the mistake.
Title: Re: Tony’s Statement.
Post by: kippaxvilla2 on June 07, 2018, 05:42:02 PM
By the way I read that we shelved plans to wear play off final suits as we couldn't afford £20k on them.  Whatever happened to Suits Plus - 2 for £100.
Title: Re: Tony’s Statement.
Post by: ozzjim on June 07, 2018, 05:46:11 PM
To be fair to him he has been funding a £5m a month working capital funding gap for nearly two years.  That is quite a lot of dough when you think about it.  Betting the house on one game though was the mistake.

You do have to be fair to someone that has ploughed 150 million of their own cash in. He needs to accept his losses and sell up though.
Title: Re: Tony’s Statement.
Post by: passport1 on June 07, 2018, 05:50:46 PM
Enough people cast serious doubts about this character when he bowled up. Even the FT couldn't get a handle on him. Despite this  and his bizarre  tweets many fans bought into the project, illustrating the desperation of a success starved club.

Its very sad but ultimately unsurprising.
Title: Re: Tony’s Statement.
Post by: villa `cross the mersey on June 07, 2018, 05:55:29 PM
To be fair to him he has been funding a £5m a month working capital funding gap for nearly two years.  That is quite a lot of dough when you think about it.  Betting the house on one game though was the mistake.

You do have to be fair to someone that has ploughed 150 million of their own cash in. He needs to accept his losses and sell up though.
Like Lerner it appears to have been a very expensive hobby - we don't need another " fan" we need a savvy sports business individual/s who can turn a profit/ break even whilst moving the club onwards
Title: Re: Tony’s Statement.
Post by: oldhill_avfc on June 07, 2018, 05:55:58 PM
To be fair to him he has been funding a £5m a month working capital funding gap for nearly two years.  That is quite a lot of dough when you think about it.  Betting the house on one game though was the mistake.

You do have to be fair to someone that has ploughed 150 million of their own cash in. He needs to accept his losses and sell up though.

Can you provide the details of the £150m cash?
Title: Re: Tony’s Statement.
Post by: itbrvilla on June 07, 2018, 05:59:41 PM
We dared to believe and we could still be believing if we had won at Wembley.  As it stands appears he is another football fraud.  Just wish it hadn't happened to our club.
I woul
We dared to believe and we could still be believing if we had won at Wembley.  As it stands appears he is another football fraud.  Just wish it hadn't happened to our club.
I wouldn't wish this on any club.
Title: Re: Tony’s Statement.
Post by: cheltenhamlion on June 07, 2018, 06:06:35 PM
The stuff in the press about this has almost been dictated by Wyness. There is far more to it. I am not sure who is briefing Collymore mind.
Title: Re: Tony’s Statement.
Post by: MoetVillan on June 07, 2018, 08:21:38 PM
The stuff in the press about this has almost been dictated by Wyness. There is far more to it. I am not sure who is briefing Collymore mind.
. You think someone briefs him?!
Title: Re: Tony’s Statement.
Post by: Risso on June 07, 2018, 08:52:12 PM
Somebody has, yes.
Title: Re: Tony’s Statement.
Post by: ChicagoLion on June 07, 2018, 08:55:30 PM
 :(
Somebody has, yes.
Not seen it, what Is he saying.
Title: Re: Tony’s Statement.
Post by: Risso on June 07, 2018, 08:57:21 PM
It was all the stuff yesterday about running out of cash and the fact that we’ve already borrowed against the final parachute payments.
Title: Re: Tony’s Statement.
Post by: ktvillan on June 07, 2018, 08:59:33 PM
I have no regrets backing him. I'd have got behind whoever it was who came in. That's what supporters do.

Not this supporter.  I don't blindly follow any old plank that has a claret and blue track suit on, I want what's best for the club in the long run.  It was always obvious that was never going to be Bruce.
Title: Re: Tony’s Statement.
Post by: ChicagoLion on June 07, 2018, 08:59:59 PM
It was all the stuff yesterday about running out of cash and the fact that we’ve already borrowed against the final parachute payments.
I saw the Macquarrie thing, any ideas who else is lending.
Title: Re: Tony’s Statement.
Post by: TonyD on June 07, 2018, 09:09:52 PM
So are we to conclude that he is not actually a billionaire and has ran out of cash- the charlatan option or he is a billionaire but doesn’t want to put any more money into the club- the tosser option?
Title: Re: Tony’s Statement.
Post by: Richard on June 07, 2018, 09:21:32 PM
Or he wants to put more money into the club but the Chinese authorities are preventing him ?
Title: Re: Tony’s Statement.
Post by: kippaxvilla2 on June 07, 2018, 09:22:07 PM
HSBC are the main funder.
Title: Re: Tony’s Statement.
Post by: berneboy on June 07, 2018, 09:24:42 PM
We all seem to be making judgements when we know very little about what is going on.
I do know that I don't trust newspaper guesswork.
Title: Re: Tony’s Statement.
Post by: PaulWinch again on June 07, 2018, 09:28:22 PM
Well whichever way you look at it it’s bad.
Title: Re: Tony’s Statement.
Post by: SheffieldVillain on June 07, 2018, 09:28:38 PM
Or he wants to put more money into the club but the Chinese authorities are preventing him ?

Don't spoil it for him, he doesn't get to call him a 'funny' name that way.
Title: Re: Tony’s Statement.
Post by: ChicagoLion on June 07, 2018, 09:29:32 PM
Or he wants to put more money into the club but the Chinese authorities are preventing him ?
Not buying this one.
Title: Re: Tony’s Statement.
Post by: Richard on June 07, 2018, 09:31:24 PM
Or he wants to put more money into the club but the Chinese authorities are preventing him ?
Not buying this one.
Well there's a surprise
Title: Re: Tony’s Statement.
Post by: ChicagoLion on June 07, 2018, 09:42:07 PM
Or he wants to put more money into the club but the Chinese authorities are preventing him ?
Not buying this one.
Well there's a surprise
See my post on the other thread where I explain why.
Title: Re: Tony’s Statement.
Post by: Chico Hamilton III on June 07, 2018, 09:56:00 PM
Or he wants to put more money into the club but the Chinese authorities are preventing him ?

You're still at the denial stage. It's anger and bargaining next, then depression.
Title: Re: Tony’s Statement.
Post by: sickbeggar on June 07, 2018, 10:02:56 PM
I think its obvious what he's doing. He'll start selling individual shares for £5 a go, and then have a raffle where the winner with the lucky share gets the club. Works for those people who do it with their houses
Title: Re: Tony’s Statement.
Post by: Newby on June 07, 2018, 11:30:38 PM
Just got in and playing catch up on the day. Tweeting, instead of putting out a proper statement is embarrassing and amateurish. Lead from the front, stop feeling sorry for yourself, put a proper plan in place. He won't want to sell up due to his honour but I don't see any other way unless he has some rich non-Chinese mates who can pump dosh straight in and not have it marooned in China.
Title: Re: Tony’s Statement.
Post by: Ad@m on June 07, 2018, 11:37:55 PM
Just got in and playing catch up on the day. Tweeting, instead of putting out a proper statement is embarrassing and amateurish. Lead from the front, stop feeling sorry for yourself, put a proper plan in place. He won't want to sell up due to his honour but I don't see any other way unless he has some rich non-Chinese mates who can pump dosh straight in and not have it marooned in China.

What?  You mean like this - https://www.avfc.co.uk/News/2018/06/07/club-statement-hmrc (https://www.avfc.co.uk/News/2018/06/07/club-statement-hmrc) ?
Title: Re: Tony’s Statement.
Post by: eamonn on June 07, 2018, 11:49:26 PM
He's been out and still catching up, don't be smart.
Title: Re: Tony’s Statement.
Post by: cdward on June 07, 2018, 11:53:05 PM
So according to Collymore, Dr X has found a way to get £50m into the club.
I don't know what to think anymore.
Title: Re: Tony’s Statement.
Post by: tomd2103 on June 08, 2018, 12:01:21 AM
Well whichever way you look at it it’s bad.

Pretty much Paul.  Whether he doesn’t have the money or he does and just can’t get it out of China, the result is the same really.  If either scenario is true and the latter looks like it will be an ongoing situation, then a parting of the ways would be the best option. 

The big concern is that if either of the above scenarios are true, he won’t let go through a sense pride or delusion and would rather run the club into the ground.
Title: Re: Tony’s Statement.
Post by: Brassneck on June 08, 2018, 05:20:16 AM
So according to Collymore, Dr X has found a way to get £50m into the club.
I don't know what to think anymore.

Grealish £30 million
Chester £10 million
Jedinak, Adomah, Davis £10 million

Seriously though, £50 million is more or less the resale value of the club if you take the debt off it.  It's a staggering amount of money.  If he's been paying in around £4 million a month to keep us afloat, why the need now to throw such a large sum in?  It makes no sense at all.
Title: Re: Tony’s Statement.
Post by: Matt Collins on June 08, 2018, 05:40:03 AM
We need something like that to keep us going this season, many people have reported (I've seen 65m)

If he can get this out of china either that was never the problem or they've been convinced to ease up to save face

I can't work out the connection with the apparent moves to sell shares in avfc to someone though?
Title: Re: Tony’s Statement.
Post by: Brassneck on June 08, 2018, 05:46:57 AM
We need something like that to keep us going this season, many people have reported (I've seen 65m)

If he can get this out of china either that was never the problem or they've been convinced to ease up to save face

I can't work out the connection with the apparent moves to sell shares in avfc to someone though?

I appreciate that but surely you wouldn't throw it in, in one lump?  Surely he'd only be looking to limp through the next two months and then re-assess once the transfer window shuts, knowing for certain what sums we've managed to raise and what the wage bill is going to be?

I just don't get any benefit in such a big loan at this stage, especially as there is (presumably) interest to be paid on it.
Title: Re: Tony’s Statement.
Post by: Matt Collins on June 08, 2018, 05:50:45 AM
Yeah I see the point .

But if we're living hand to mouth, taking out loans to cover debt repayments, negotiating early payments (which we already owe to pay off more debt) then we need a pretty hefty upfront sum just to keep going. We don't know that the whole 50m will be injected into villa in one go either
Title: Re: Tony’s Statement.
Post by: Brassneck on June 08, 2018, 05:55:00 AM
Well either way, it's the first bit of good news for a while if true.  I'm certainly not knocking it, just finding it hard to understand how we've gone from missing monthly payments to having 12 months worth of payments in one go.

Title: Re: Tony’s Statement.
Post by: leylandalbion on June 08, 2018, 06:51:54 AM
Well either way, it's the first bit of good news for a while if true.  I'm certainly not knocking it, just finding it hard to understand how we've gone from missing monthly payments to having 12 months worth of payments in one go.
If papers are to be believed  we owe about 10m in transfer fees 6m for fat mac, wage bill 5m a month and tax something similar, only buys us a 3 months max
Title: Re: Tony’s Statement.
Post by: Brassneck on June 08, 2018, 06:59:55 AM
Well either way, it's the first bit of good news for a while if true.  I'm certainly not knocking it, just finding it hard to understand how we've gone from missing monthly payments to having 12 months worth of payments in one go.
If papers are to be believed  we owe about 10m in transfer fees 6m for fat mac, wage bill 5m a month and tax something similar, only buys us a 3 months max

I'd say that we probably do owe that money.  The taxes are not as high as you have stated, according to Mark Ansell.  If £4 million was keeping us afloat last season, the only difference this season would be the deficit in parachute money, which will presumably be funded by the Jack sale.  £50 million would then be enough to get through the season.

There is of course the issue of FFP - We cannot plough another £50 million in so there is going to have to be severe adjustments to the wage bill over the next few months.

Whilst we owe money out on transfers, it is reasonable to assume that we have some to come in as well.
Title: Re: Tony’s Statement.
Post by: PeterWithe on June 08, 2018, 07:32:45 AM
Whilst we owe money out on transfers, it is reasonable to assume that we have some to come in as well.

Not sure if you have seen but there have been reports of us factoring incoming transfer fees, hopefully not all of them.

If he has had problems getting money out of China then doesn’t it make sense to get as much out as possible in one go if restrictions have been eased?
Title: Re: Tony’s Statement.
Post by: Brassneck on June 08, 2018, 07:40:55 AM
Yes - I'd seen the report that we'd borrowed against potential transfers.

My point was that whilst we have stage payments to go out on Chester, McCormack & Hogan, it would be reasonable to assume that we have stage payments coming in on players like Baker, Gestede, Guye, Vertout, Amavi etc, etc.  I wasn't referring to future transfers.

Yes, it's a valid reason to get money out while you can.  It still seems a staggering amount to me.
Title: Re: Tony’s Statement.
Post by: PeterWithe on June 08, 2018, 07:46:48 AM
Amarvi was one of the transfers reported as being factored, along with Sanchez. Other one we’d had early, and presumably spent, was reportedly Westwood.

Title: Re: Tony’s Statement.
Post by: Brassneck on June 08, 2018, 07:50:59 AM
Amarvi was one of the transfers reported as being factored, along with Sanchez. Other one we’d had early, and presumably spent, was reportedly Westwood.

Yes, some may have been factored but as you say, hopefully not all of them which means there will be some incoming income to offset against the outgoing payments.
Title: Re: Tony’s Statement.
Post by: Damo70 on June 08, 2018, 08:07:35 AM
Personally I am not convinced that the notoriously hard nosed businessman that is Daniel Levy has suddenly turned into Father Christmas and is about to give us fifty million quid in cash up front for Jack Grealish. Which is how the media are making it sound. If anything our very public situation is a green light for people to take the piss with low offers for any of our players hoping we are desperate enough to accept.
Title: Re: Tony’s Statement.
Post by: PeterWithe on June 08, 2018, 08:09:40 AM
The reported £50m incoming loan will help in that respect, we won’t look quite as desperate for cash and likely to accept any old offer, at least for this window.
Title: Re: Tony’s Statement.
Post by: GarTomas on June 08, 2018, 08:09:40 AM
Keeping the club out of administration will only help that.  Our assets will be viewed from a purely financial perspective.
Title: Re: Tony’s Statement.
Post by: cheltenhamlion on June 08, 2018, 08:49:05 AM
The house looks secure for the next six months if that is correct. It still means offloading a bunch of players though. And that is before FFP rears its head again (although obviously the bigger game of remaining solvent has taken precedence this week).
Title: Re: Tony’s Statement.
Post by: garyshawsknee on June 08, 2018, 09:04:51 AM
I guess this means we can't afford to sack SB as we couldn't pay him off and pay compensation for a new manager.
Title: Re: Tony’s Statement.
Post by: sickbeggar on June 08, 2018, 09:12:44 AM
i'm really not sure how long 50m is going to last. We lost 14.5m in the last accounts, that presumably including Tony's regular sub from china and the 33m parachute payment. So 18m would have to make up the shortfall in that for a start which leaves 32m. then take off the transfer fees owed and you're probably looking at limping towards September before it went tits-up again.. You'd hope the wage bill will have come down a million or so this month but we have other bills i'm guessing like paying for the pitch. Massive player firesale is the only way he's gonna do it unless he has a buyer.
Title: Re: Tony’s Statement.
Post by: aj2k77 on June 08, 2018, 09:45:38 AM
Scrambling around organising loans and staggering payments and selling off debts, it's fucking shambles.Tony is broke. The bloke is a fraud.
Title: Re: Tony’s Statement.
Post by: olaftab on June 08, 2018, 10:03:23 AM
i'm really not sure how long 50m is going to last. We lost 14.5m in the last accounts, that presumably including Tony's regular sub from china and the 33m parachute payment. So 18m would have to make up the shortfall in that for a start which leaves 32m. then take off the transfer fees owed and you're probably looking at limping towards September before it went tits-up again.. You'd hope the wage bill will have come down a million or so this month but we have other bills i'm guessing like paying for the pitch. Massive player firesale is the only way he's gonna do it unless he has a buyer.
Well don’t forget revenue starts up again in August.
Title: Re: Tony’s Statement.
Post by: Drummond on June 08, 2018, 10:07:22 AM
Scrambling around organising loans and staggering payments and selling off debts, it's fucking shambles.Tony is broke. The bloke is a fraud.

The last two sentences you've no idea about but the first is right!
Title: Re: Tony’s Statement.
Post by: avfcpg on June 08, 2018, 10:14:17 AM
Well regardless of where it came from (read somewhere it could be as much as £65 million), and whether it's good or bad long term, he seems to have got it and that's one crisis staved off, for the moment anyway.
Now he has to address how to get £170 million in 2018/19...sort a manager out, hold onto the key players and get us playing decent, winning football again. His asset will look a lot better sitting at the top of the league and heading for the "promised land". 
Title: Re: Tony’s Statement.
Post by: chrisw1 on June 08, 2018, 10:17:25 AM
Personally I am not convinced that the notoriously hard nosed businessman that is Daniel Levy has suddenly turned into Father Christmas and is about to give us fifty million quid in cash up front for Jack Grealish. Which is how the media are making it sound. If anything our very public situation is a green light for people to take the piss with low offers for any of our players hoping we are desperate enough to accept.
This was my worry.  But the £50m injection may be a way of stalling the vultures and saying no fire sale, we want full value for our players.
Title: Re: Tony’s Statement.
Post by: sickbeggar on June 08, 2018, 10:40:52 AM
i'm really not sure how long 50m is going to last. We lost 14.5m in the last accounts, that presumably including Tony's regular sub from china and the 33m parachute payment. So 18m would have to make up the shortfall in that for a start which leaves 32m. then take off the transfer fees owed and you're probably looking at limping towards September before it went tits-up again.. You'd hope the wage bill will have come down a million or so this month but we have other bills i'm guessing like paying for the pitch. Massive player firesale is the only way he's gonna do it unless he has a buyer.
Well don’t forget revenue starts up again in August.

Well yeah its an admittedly simplistic view. My point is that there is the temptation to think of £50m taking us forward from now, when the reality is probably 20m of that is going straight out on existing debts. If you're not paying HMRC on time then you can bet there's a few less nasty creditors they've put off. Again being simplistic,  if you add the missing funds from the parachute payments then add that to the loss last season, you're looking at 32 million so possibly 2.6m loss a month. But that figure doesn't include what tony put in so maybe 5m a loss a month? So what's that, 5 months  leeway if we have 30m left?

On the plus side, as you say we have match day revenue, maybe payments from sponsership due, TV money etc... to cover immediate bills. Also the wages bill should be a good 1m a month less so maybe 4m a month to find?
Title: Re: Tony’s Statement.
Post by: Drummond on June 08, 2018, 10:48:31 AM
If there is £50m additional funding in place, we're fine.
Title: Re: Tony’s Statement.
Post by: cumbriavilla on June 08, 2018, 10:56:01 AM
Scrambling around organising loans and staggering payments and selling off debts, it's fucking shambles.Tony is broke. The bloke is a fraud.

For someone who's net worth is £900million he seems unable to come up with the cash. If its all tied up and not liquid then he may as well be as poor as the rest of us.
Title: Re: Tony’s Statement.
Post by: sickbeggar on June 08, 2018, 12:47:18 PM
The really unfortunate thing in all this is we were within a year of finally getting a grip on the financial side. Whatever you think of the owners latest fuckup, whether he hasn't got the money, has got it but can't use it etc., he's made more headway in tackling the costs than Lerner managed in 5 years. I mean the wage bill dropped by 30m last accounts. Even with player contracts ending and the players relegation clauses kicking in, that was a staggering amount to save - about 20 well paid first team players i reckon
Title: Re: Tony’s Statement.
Post by: Matt Collins on June 08, 2018, 12:57:09 PM
But wasn't that primarily because Tom Fox did the obvious thing and negotiated relegation triggered wage reductions? (Though I was still surprised about the scale of reductions given some of the wages we seem to be paying)
Title: Re: Tony’s Statement.
Post by: Risso on June 08, 2018, 01:00:00 PM
The really unfortunate thing in all this is we were within a year of finally getting a grip on the financial side.

There's little point in reducing it one year, to then go on such a spending spree the year after that you almost cripple the club for good.
Title: Re: Tony’s Statement.
Post by: sickbeggar on June 08, 2018, 01:04:03 PM
But wasn't that primarily because Tom Fox did the obvious thing and negotiated relegation triggered wage reductions? (Though I was still surprised about the scale of reductions given some of the wages we seem to be paying)


my guess is some of the newer contracts when we started looking nervously over our shoulders at relegation but certainly not across the board. And of course how much was their salaries reduced by? I doubt it was 50%
Title: Re: Tony’s Statement.
Post by: sickbeggar on June 08, 2018, 01:07:05 PM
The really unfortunate thing in all this is we were within a year of finally getting a grip on the financial side.

There's little point in reducing it one year, to then go on such a spending spree the year after that you almost cripple the club for good.



No i think those figures included all of our  signings apart from elmo and whelan, and the loans and thelikes of Terry. If you take out all the players that have left this summer through one way or another, i'd say the wage bill has probably dropped at least another 12m.
Title: Re: Tony’s Statement.
Post by: kippaxvilla2 on June 08, 2018, 01:18:09 PM
Personally I am not convinced that the notoriously hard nosed businessman that is Daniel Levy has suddenly turned into Father Christmas and is about to give us fifty million quid in cash up front for Jack Grealish. Which is how the media are making it sound. If anything our very public situation is a green light for people to take the piss with low offers for any of our players hoping we are desperate enough to accept.
This was my worry.  But the £50m injection may be a way of stalling the vultures and saying no fire sale, we want full value for our players.

Well yes and no.  The £50m will stave off Administration as it will cover the shortfall in operating costs presumably for next season.  But it still doesn't necessarily mean we won't be prey to the Levies of this world.  We simply have to sell the key players that only means we look desperate.
Title: Re: Tony’s Statement.
Post by: ChicagoLion on June 08, 2018, 01:25:14 PM
Cash buys time, so it looks like we will be able to negotiate better than in Admin.
But every one knows our position and we vulnerable.
Title: Re: Tony’s Statement.
Post by: Drummond on June 08, 2018, 01:28:57 PM
Cash buys time, so it looks like we will be able to negotiate better than in Admin.
But every one knows our position and we vulnerable.

Everyone knows we fucked up but doesn't know our position.

If the owner has found another £50m, then there's nothing that we're aware of to stop him doing it again.
Title: Re: Tony’s Statement.
Post by: ChicagoLion on June 08, 2018, 01:40:25 PM
Cash buys time, so it looks like we will be able to negotiate better than in Admin.
But every one knows our position and we vulnerable.

Everyone knows we fucked up but doesn't know our position.

If the owner has found another £50m, then there's nothing that we're aware of to stop him doing it again.
We still have FFP and cash does not solve that.
Title: Re: Tony’s Statement.
Post by: pauliewalnuts on June 08, 2018, 01:42:38 PM
Cash buys time, so it looks like we will be able to negotiate better than in Admin.
But every one knows our position and we vulnerable.

Everyone knows we fucked up but doesn't know our position.

If the owner has found another £50m, then there's nothing that we're aware of to stop him doing it again.
We still have FFP and cash does not solve that.

Exactly. In fact it makes it worse.

That's why we're in such a bind. Can't pay our bills, struggle to find the cash to do so, inject money into club, fall even more foul of FFP.
Title: Re: Tony’s Statement.
Post by: Drummond on June 08, 2018, 04:06:56 PM
It doesn't if it's a non-interest loan though does it?
Title: Re: Tony’s Statement.
Post by: old man villa fan on June 08, 2018, 04:18:28 PM
I'm struggling to reconcile the position of the accounts regarding losses and our current cashflow crisis. Something doesn't stack up. Are the accounts for the season just finished going to show something massively different to what was intimated only a few months ago.
Title: Re: Tony’s Statement.
Post by: Ad@m on June 08, 2018, 04:34:19 PM
I'm struggling to reconcile the position of the accounts regarding losses and our current cashflow crisis. Something doesn't stack up. Are the accounts for the season just finished going to show something massively different to what was intimated only a few months ago.

Not at all. We're running at a massive loss. Have been for years. The only reason this hadn't happened sooner is because first Randy and then Tony we're putting money in to the club  But as soon as that stopped, as appears to be the case now, the house of cards comes crashing down.
Title: Re: Tony’s Statement.
Post by: ChicagoLion on June 08, 2018, 04:55:52 PM
I'm struggling to reconcile the position of the accounts regarding losses and our current cashflow crisis. Something doesn't stack up. Are the accounts for the season just finished going to show something massively different to what was intimated only a few months ago.
They are 2 separate items although making losses absorbs cash.
FFP is concerned with the trading position and it is projected that our losses would be culmitively 80 million which we need to get down to 39 million so we have got to generate 40 million of revenue or savings.
Our cash position has Ben subsidized heavily before by Lerner and now by Xia, the cash crisis is because there was not enough money around to settle creditors.
The FFP situation is still to be addressed and which is why selling a Jack for example because we will make a large profit on the deal seems extremely likely.
Title: Re: Tony’s Statement.
Post by: jwarry on June 08, 2018, 05:23:20 PM
What I don’t understand is why other teams that drop out of the PL don’t get caught by FFP such as the Baggies?!? Are they just smarter with the players contracts?!?
Title: Re: Tony’s Statement.
Post by: old man villa fan on June 08, 2018, 05:33:14 PM
I'm struggling to reconcile the position of the accounts regarding losses and our current cashflow crisis. Something doesn't stack up. Are the accounts for the season just finished going to show something massively different to what was intimated only a few months ago.
They are 2 separate items although making losses absorbs cash.
FFP is concerned with the trading position and it is projected that our losses would be culmitively 80 million which we need to get down to 39 million so we have got to generate 40 million of revenue or savings.
Our cash position has Ben subsidized heavily before by Lerner and now by Xia, the cash crisis is because there was not enough money around to settle creditors.
The FFP situation is still to be addressed and which is why selling a Jack for example because we will make a large profit on the deal seems extremely likely.

I wasn't talking about FFP as that is a separate item, although linked.

What I meant was the cash position seems to be far worse than the loss declared in the accounts and the projected accounts for this season just finished.
Title: Re: Tony’s Statement.
Post by: davidb on June 08, 2018, 05:51:04 PM
I'm struggling to reconcile the position of the accounts regarding losses and our current cashflow crisis. Something doesn't stack up. Are the accounts for the season just finished going to show something massively different to what was intimated only a few months ago.
They are 2 separate items although making losses absorbs cash.
FFP is concerned with the trading position and it is projected that our losses would be culmitively 80 million which we need to get down to 39 million so we have got to generate 40 million of revenue or savings.
Our cash position has Ben subsidized heavily before by Lerner and now by Xia, the cash crisis is because there was not enough money around to settle creditors.
The FFP situation is still to be addressed and which is why selling a Jack for example because we will make a large profit on the deal seems extremely likely.

I wasn't talking about FFP as that is a separate item, although linked.

What I meant was the cash position seems to be far worse than the loss declared in the accounts and the projected accounts for this season just finished.
That is what really took me by surprise too. FFP is one thing, the lack of operating capital and rumours of unpaid wages is a real shock
Title: Re: Tony’s Statement.
Post by: kippaxvilla2 on June 08, 2018, 06:08:59 PM
What I don’t understand is why other teams that drop out of the PL don’t get caught by FFP such as the Baggies?!? Are they just smarter with the players contracts?!?

Because they still have significant parachute money coming through as it is their first year.  If, as we have done, they gamble all that money in the first two years and don't go up then they will be in exactly the same position.  We are by far the highest profile club for this to happen to since Leeds.
Title: Re: Tony’s Statement.
Post by: ChicagoLion on June 08, 2018, 06:11:21 PM
What I don’t understand is why other teams that drop out of the PL don’t get caught by FFP such as the Baggies?!? Are they just smarter with the players contracts?!?

Because they still have significant parachute money coming through as it is their first year.  If, as we have done, they gamble all that money in the first two years and don't go up then they will be in exactly the same position.  We are by far the highest profile club for this to happen to since Leeds.
yo yo clubs are used to constructing player contracts accordingly.
Title: Re: Tony’s Statement.
Post by: Des Little on June 08, 2018, 08:37:32 PM
Has he gone yet?
Title: Re: Tony’s Statement.
Post by: TonyD on June 08, 2018, 11:24:18 PM
Really don’t think FFP rules are much to be worried about at the moment.  Being a club that can actually start the first game in August is the minimum we can ask. 

 Clearly our owner doesn’t have or can’t get for whatever reason due to Chinese money export rules means we are in the brown stuff and are the mercy of predators picking off our good players for a song.

Either way OUR great club is yet again on the slide due to poor judgement on part of the owners.

We need a new owner that can shoulder the costs. 

Or maybe, we simply slide into the abyss and rise back through the leagues aka Rangers.

Title: Re: Tony’s Statement.
Post by: tomd2103 on June 09, 2018, 02:30:29 AM
I don’t think having an owner who pumps money in to make up for shortfalls is the answer really.  Creating a sustainable structure where we don’t live beyond our means and having a manager who will focus on developing our own young players would be a better way forward. 
Title: Re: Tony’s Statement.
Post by: kippaxvilla2 on June 09, 2018, 02:34:09 AM
What make me annoyed/so upset the most about all this is for the first time in a long time we are about to lose a load of players who we actually like, who care for the club and all that.  It's soul destroying.
Title: Re: Tony’s Statement.
Post by: purpletrousers on June 09, 2018, 05:21:23 AM
What make me annoyed/so upset the most about all this is for the first time in a long time we are about to lose a load of players who we actually like, who care for the club and all that.  It's soul destroying.

Yes. Players on loan that were good enough or thereabouts, were good characters and would die for the shirt (Terry, Snoddy), who seemed a great influence in character on the most talented and precious asset in a generation, and yes even to my surprise/conversion, so damn likeable. I hope the story of Terry giving up his final month's wages and already cult-hero Hutton willing to take a pay cut, are true.

I wish Richards and others would show some pride and follow suit. A simple statement expressing support and perhaps regret things didn't work out better from some players, along with some compromise on the amount of lifeblood they are draining from the club, would be so beautiful. If ever there was a time to show some deeper values.

Not that its players fault the club were daft enough to give them great deals, and in providing for their own families who can blame them, but, it'll mean otherwise more loss of jobs for little people at the club as belts tighten.

Title: Re: Tony’s Statement.
Post by: ozzjim on June 09, 2018, 08:00:52 AM
I would love to see us announce that Richards had agreed to mutually end his contract the fat useless waste of fucking space. The man makes me angry, because he clearly has no professional pride. McCormack at least went and tried to get games on loan and get back, but he's not going to play while Bruce is here so Steve Round needs to do his bloody job and find a way to move him on. Someone will pay 4 million, which would also take his wages off the books. Between them that would be the best past of 4 million saved a season for people that won't even kick a ball. There must be a target for wages, say 30 million a season, that we can reach and break even at.
Title: Re: Tony’s Statement.
Post by: Newby on June 09, 2018, 09:37:09 AM
I would love to see us announce that Richards had agreed to mutually end his contract the fat useless waste of fucking space. The man makes me angry, because he clearly has no professional pride. McCormack at least went and tried to get games on loan and get back, but he's not going to play while Bruce is here so Steve Round needs to do his bloody job and find a way to move him on. Someone will pay 4 million, which would also take his wages off the books. Between them that would be the best past of 4 million saved a season for people that won't even kick a ball. There must be a target for wages, say 30 million a season, that we can reach and break even at.

I wish the press would get hold of this and do a "whatever happened to...?' type article on Richards.  I know they won't call him out for the worry of being sued but it might embarrass him in to leaving and doing the right thing.  Absolute disgrace, wage stealing.
Title: Re: Tony’s Statement.
Post by: dicedlam on June 09, 2018, 10:34:48 AM
I would love to see us announce that Richards had agreed to mutually end his contract the fat useless waste of fucking space. The man makes me angry, because he clearly has no professional pride. McCormack at least went and tried to get games on loan and get back, but he's not going to play while Bruce is here so Steve Round needs to do his bloody job and find a way to move him on. Someone will pay 4 million, which would also take his wages off the books. Between them that would be the best past of 4 million saved a season for people that won't even kick a ball. There must be a target for wages, say 30 million a season, that we can reach and break even at.

Easier said than done ozzjim.

Even if some club were to offer 4 million for him would they match the salary he gets here? I doubt it very much.
He and the other useless prick will see out there contracts on the salaries they now receive and become 'free agents' at the end of it.
Title: Re: Tony’s Statement.
Post by: Holy Trinity on June 09, 2018, 10:44:05 AM
The Surely must come a point in the very near future where football clubs can sack players!

If I turned up and work and refused to use my computer i would be sacked within a few days. It's no diffrent to what richards and mc are doing to us. Basically refusing to stay in shape and train properly is gross misconduct and should be treated as such!
A player can refuse to play for his club to force through a transfer but the club cant do the same? Ridiculous and totally unfair to the club's and part of the reason football is fundamentally broken beyond repair
Title: Re: Tony’s Statement.
Post by: The Edge on June 09, 2018, 10:49:20 AM
The Surely must come a point in the very near future where football clubs can sack players!

If I turned up and work and refused to use my computer i would be sacked within a few days. It's no diffrent to what richards and mc are doing to us. Basically refusing to stay in shape and train properly is gross misconduct and should be treated as such!
A player can refuse to play for his club to force through a transfer but the club cant do the same? Ridiculous and totally unfair to the club's and part of the reason football is fundamentally broken beyond repair
You make a good point here. And I'm from a background of family and close friends who have long since fought for workers rights.
Title: Re: Tony’s Statement.
Post by: Lastfootstamper on June 09, 2018, 10:53:30 AM
Is Richards refusing to train? I thought the issue was that it's turned out he's monumentally shite, no? He reminded me of Holman in a "doesn't know what he's doing on a football pitch" kinda way. Perhaps he should have been the one we shipped out Down Under.
Title: Re: Tony’s Statement.
Post by: Brassneck on June 09, 2018, 11:04:26 AM
Is Richards refusing to train? I thought the issue was that it's turned out he's monumentally shite, no? He reminded me of Holman in a "doesn't know what he's doing on a football pitch" kinda way. Perhaps he should have been the one we shipped out Down Under.

I believe that Richards problem is that he's massively overweight.  He looks more like a nightclub bouncer than a footballer and clearly hasn't got 90 minutes in him.

I suspect that this is the reason why he wanted to play in the centre of defence rather than at full back, ie less running is required.
Title: Re: Tony’s Statement.
Post by: old man villa fan on June 09, 2018, 12:29:03 PM
You could have a performance related pay structure with win bonuses, bonus per game etc. but with today's squad based system, how many players would want to sign for those clubs when others offered flat rates. Also, it can lead to lack of team spirit.

I think the problems are contract length and the squad size, where players can hide in the squad and not affect the match day squad too much.

The real issue is that players have too much power.  Also, there are not that many decent stand out players.
Title: Re: Tony’s Statement.
Post by: SheffieldVillain on June 09, 2018, 12:50:25 PM
Is Richards refusing to train? I thought the issue was that it's turned out he's monumentally shite, no? He reminded me of Holman in a "doesn't know what he's doing on a football pitch" kinda way. Perhaps he should have been the one we shipped out Down Under.

I believe that Richards problem is that he's massively overweight.  He looks more like a nightclub bouncer than a footballer and clearly hasn't got 90 minutes in him.

I suspect that this is the reason why he wanted to play in the centre of defence rather than at full back, ie less running is required.

You've seen him? I was beginning to think he'd disappeared.

Has he even played in reserve/friendly games this year?
Title: Re: Tony’s Statement.
Post by: Withe Gusto on June 09, 2018, 01:03:55 PM
Surley we can sack Richards for breach of contract if he is refusing to train?
If he is just injured permanently can't we get an insurance pay out?
I dont understand how he gets away with it!


Title: Re: Tony’s Statement.
Post by: sickbeggar on June 09, 2018, 01:26:45 PM
I believe the problem with richards is the knee. Can't remember the medical term but basically he can't train without aggravating it so can't get fit. Why he's hasn't been paid off is a good question. My guess is because we signed him knowing he had the problem and we can't get a pay-off
Title: Re: Tony’s Statement.
Post by: SheffieldVillain on June 09, 2018, 01:37:26 PM
I believe the problem with richards is the knee. Can't remember the medical term but basically he can't train without aggravating it so can't get fit. Why he's hasn't been paid off is a good question. My guess is because we signed him knowing he had the problem and we can't get a pay-off

I'd like to say I can't believe we'd do that but...

And he's still only 29. Should be at the peak of his career.
Title: Re: Tony’s Statement.
Post by: PeterWithe on June 09, 2018, 01:46:01 PM
A mate of mine who bumped into McCormack reported him looking in great shape
Title: Re: Tony’s Statement.
Post by: aj2k77 on June 09, 2018, 02:42:47 PM
If Richards has a twitter account why not just tweet him asking him what the situation is because from the outside it looks like another case of a scandalously rich player leaching from a foolish club.
Title: Re: Tony’s Statement.
Post by: TheTimVilla on June 09, 2018, 05:18:48 PM
Looks like he hasn’t tweeted since October 2016, but has retweeted a few times.
Title: Re: Tony’s Statement.
Post by: Villafirst on June 09, 2018, 05:39:53 PM
About time Xia came out with a proper statement. We need to know his intentions. Not some vague rubbish or a poorly written tweet...
Title: Re: Tony’s Statement.
Post by: Bad English on June 09, 2018, 07:02:50 PM
If Richards has a twitter account why not just tweet him asking him what the situation is
If anyone tweeted me asking about my work situation there is zero chance of me responding. I doubt he'll spill the beans.
Title: Re: Tony’s Statement.
Post by: brian green on June 09, 2018, 07:38:24 PM
It would certainly appear to be what qualified medical specialists would diagnose as a bad case of the hump.


See Gray's Anatomy under "Hump, getting The".
Title: Re: Tony’s Statement.
Post by: kippaxvilla2 on June 09, 2018, 07:41:03 PM
Shudder.

https://m.youtube.com/watch?v=k-cm2nuM9us
Title: Re: Tony’s Statement.
Post by: Rico on June 09, 2018, 08:17:24 PM
Has there ever been a football club with so much potential that has been run as badly as Villa have been for the best part of thirty years? I just hope that our next owners, whoever they may be have a touch of business acumen. Deep pockets wouldn't hurt either!
Title: Re: Tony’s Statement.
Post by: The Man With A Stick on June 09, 2018, 08:24:39 PM
Whoever signed Richards should be shot, sacked and then kicked in the cock (or fanny if it's a lady).
Title: Re: Tony’s Statement.
Post by: Gareth on June 09, 2018, 08:38:14 PM
Whoever signed Richards should be shot, sacked and then kicked in the cock (or fanny if it's a lady).

That’s the nun of it, Richards is perfectly entitled to see out his contract, it was the ridiculous length of contract that is crippling us.

He was regularly on the training photos through the season so that suggests he was fit but like Gabby it seemed he was not made available to the u23 side.

You’d have thought at some point out local press might have asked the question in a weekly press conference of what was Micah’s situation.
Title: Re: Tony’s Statement.
Post by: Damo70 on June 09, 2018, 08:41:22 PM
Has there ever been a football club with so much potential that has been run as badly as Villa have been for the best part of thirty years? I just hope that our next owners, whoever they may be have a touch of business acumen. Deep pockets wouldn't hurt either!

I think Doug got it right and spent a few quid between 1987 and 2002. SGT, BFR, Brian Little and even Gregory to an extent were all inspired appointments and he backed them with money. After that SGT and DOL had to try to do everything on the cheap. Obviously we want the next owner to have deep pockets but with FFP even that won't guarantee success.
Title: Re: Tony’s Statement.
Post by: john e on June 09, 2018, 08:41:54 PM
Whoever signed Richards should be shot, sacked and then kicked in the cock (or fanny if it's a lady).

That’s the nun of it, Richards is perfectly entitled to see out his contract, it was the ridiculous length of contract that is crippling us.

He was regularly on the training photos through the season so that suggests he was fit but like Gabby it seemed he was not made available to the u23 side.

You’d have thought at some point out local press might have asked the question in a weekly press conference of what was Micah’s situation.

got into bad habits
Title: Re: Tony’s Statement.
Post by: LeeB on June 09, 2018, 08:45:59 PM
Whoever signed Richards should be shot, sacked and then kicked in the cock (or fanny if it's a lady).

That’s the nun of it, Richards is perfectly entitled to see out his contract, it was the ridiculous length of contract that is crippling us.

He was regularly on the training photos through the season so that suggests he was fit but like Gabby it seemed he was not made available to the u23 side.

You’d have thought at some point out local press might have asked the question in a weekly press conference of what was Micah’s situation.

got into bad habits

I've looked for evidence to back up this claim but I've found nun.
Title: Re: Tony’s Statement.
Post by: Rico on June 09, 2018, 09:27:39 PM
Has there ever been a football club with so much potential that has been run as badly as Villa have been for the best part of thirty years? I just hope that our next owners, whoever they may be have a touch of business acumen. Deep pockets wouldn't hurt either!

I think Doug got it right and spent a few quid between 1987 and 2002. SGT, BFR, Brian Little and even Gregory to an extent were all inspired appointments and he backed them with money. After that SGT and DOL had to try to do everything on the cheap. Obviously we want the next owner to have deep pockets but with FFP even that won't guarantee success.

Turner, McNeil, Relegation and Venglos to name just four of the many cock ups under Ellis.
Title: Re: Tony’s Statement.
Post by: dave.woodhall on June 09, 2018, 09:28:14 PM
Please, don't let's have another Ellis debate.
Title: Re: Tony’s Statement.
Post by: kippaxvilla2 on June 09, 2018, 10:39:17 PM
https://www.telegraph.co.uk/football/2018/06/09/aston-villa-face-turmoil-prospect-another-45m-bill/
Title: Re: Tony’s Statement.
Post by: PeterWithesShin on June 09, 2018, 10:42:11 PM
Please copy and paste the article Kippax.

John Percy in the Telegraph

Quote
Aston Villa will hold crunch talks over their financial crisis this week, with the Championship club under pressure to slash their wage bill by up to £15m.

Villa have staved off the imminent threat of administration but are still facing further turmoil as they attempt to fall in line with Financial Fair Play rules.

It can be revealed that later this month the troubled Midlanders will be hit with another £4.5m bill – comprising tax and wages - which beleaguered owner Dr Tony Xia must pay or risk the threat of another winding-up order.

Xia, the Chinese businessman, secured a number of loans late last week to save Villa from possible administration, reaching an agreement with HMRC, but the club’s financial worries are mounting.

Villa want to drastically cut their £45m wage bill this summer to avoid the prospect of a fine or even transfer embargo, increasing uncertainty over the futures of players including Jack Grealish and James Chester.

Club chiefs want it significantly lowered to around £30m and, ideally, would prefer to offload fringe players such as Micah Richards, Ross McCormack and Henri Lansbury.

Next season’s budget and the summer strategy will be discussed in a meeting on Monday with technical director Steve Round, chief commercial officer Luke Organ, director Tracy Gu and executive assistant Rongtian He.

Steve Bruce, the manager, will not be present at the summit in London as he is still on holiday but his future remains uncertain due to the club’s dire finances.

Bruce could be an option for Leeds United if they fail to lure Marcelo Bielsa, while there are many Villa supporters who believe he should be sacked after failing to reach the Premier League.

A more pressing dilemma for Xia is the £4.5m bill expected on or around June 22, though some sources insist there is now enough cash to tide the club over until next month.

It is also understood that Xia is adamant the club will not be sold, while they are adopting a hardline stance on the future of Grealish.

The homegrown attacker is on the radar of Tottenham Hotspur and Leicester City but Villa will demand a transfer fee over £30m.

Keith Wyness, the chief executive, could have his future resolved this week after he was suspended on Tuesday.

Wyness and Xia clashed over the club’s future plans and it is thought unlikely the former will be returning.

Villa are preparing for a third season in the Championship after losing to Fulham in last month’s play-off final.
Title: Re: Tony’s Statement.
Post by: pauliewalnuts on June 09, 2018, 10:46:19 PM
Cobbling loans together.

Just like an actual billionaire would do.

Absolute fucking chancer.
Title: Re: Tony’s Statement.
Post by: Newby on June 09, 2018, 10:46:31 PM
Wyness still feeding the press then?  Somebody must be.
Title: Re: Tony’s Statement.
Post by: kippaxvilla2 on June 09, 2018, 11:25:19 PM
Sorry mate I try and copy on my phone and it keeps stalling or I miss bits off.
Title: Re: Tony’s Statement.
Post by: PeterWithesShin on June 09, 2018, 11:28:21 PM
It's ok, it's just to try and save everyone having to go through that "accept" crap on sites these days.
Title: Re: Tony’s Statement.
Post by: andyh on June 09, 2018, 11:36:34 PM
It ain’t gonna get any better, is it?
Title: Re: Tony’s Statement.
Post by: olaftab on June 10, 2018, 02:29:54 AM
I don’t think having an owner who pumps money in to make up for shortfalls is the answer really.  Creating a sustainable structure where we don’t live beyond our means and having a manager who will focus on developing our own young players would be a better way forward. 
This for me. It may sound idealistic but fuck it we have tried the hopelessly greedy route and failed miserably.
Title: Re: Tony’s Statement.
Post by: four fornicholl on June 10, 2018, 07:11:21 AM
Cobbling loans together.

Just like an actual billionaire would do.

Absolute fucking chancer.
Careful Paulie, I got singled out for that?
Title: Re: Tony’s Statement.
Post by: jwarry on June 10, 2018, 07:43:28 AM
Reading this it does make you wonder how we have got ourselves into such an unsustainable situation to the point where Xia has to pump in £4m a month to make up the shortfall
http://www.uefa.com/community/news/newsid=2064391.html

Sure stupid wages is probably the biggest cause but has anyone looked at our income generation? Does it stack up with other clubs of similar size?
Title: Re: Tony’s Statement.
Post by: PeterWithe on June 10, 2018, 08:15:25 AM
Nowt about the supposed injection of £50m of new cash.
Title: Re: Tony’s Statement.
Post by: Nastylee on June 10, 2018, 08:44:51 AM
I'd be tempted to hold fire on any quick sales. Let's just say by Xmas we're in the hunt. If we get promoted we may get hit by FFP restrictions but the likelihood is a fine at worse. As we've seen in other cases it's not a business threatening amount. The league next year does not look that strong. IF we need to sell we have January as a back up if the league form gives us no hope. I'd be more foccused at trying to shift the big earners than selling our best players for under market value.
Title: Re: Tony’s Statement.
Post by: PeterWithe on June 10, 2018, 08:47:21 AM
It would be nice to have a choice but it doesnt look like we do, we need to raise money and fast.
Title: Re: Tony’s Statement.
Post by: Nastylee on June 10, 2018, 08:57:13 AM
But selling  the best players may satisfy the FFP ruling but it doesn't solve the weekly/monthly cash flow issues. If we sold Jack for £30m it only improves the balance sheet. We'd still have a monthly tax/wage bill that seems to be the overriding issue.
Title: Re: Tony’s Statement.
Post by: Risso on June 10, 2018, 09:00:59 AM
But selling  the best players may satisfy the FFP ruling but it doesn't solve the weekly/monthly cash flow issues. If we sold Jack for £30m it only improves the balance sheet. We'd still have a monthly tax/wage bill that seems to be the overriding issue.

It gives you the cash to pay the bills for a few more months.  And when Jack, Chester and co leave, it obviously gets their wages off the bill.  We'll still be left with robbers like Richards leading the club dry of course.

The worry when we do sell players (other than it be a total sickener anyway) is that we might do it for less than their true value in order to get all of the cash in up front instead of the usual instalments.  Eg selling him to Spurs for £25m cash all in one go, rather than say £30m payable in instalments.
Title: Re: Tony’s Statement.
Post by: frank black on June 10, 2018, 09:38:14 AM
Imagine how the Italian or South American Ultras would react to players like McCormack and Richards stinking out their clubs. I would have expected them to have found alternative clubs by now.
Title: Re: Tony’s Statement.
Post by: Nastylee on June 10, 2018, 09:43:07 AM
Imagine how the Italian or South American Ultras would react to players like McCormack and Richards stinking out their clubs. I would have expected them to have found alternative clubs by now.

Frank, I think you know what you need to do.
Title: Re: Tony’s Statement.
Post by: sickbeggar on June 10, 2018, 09:53:40 AM
i'm not sure i believe that Telegraph article anyway. The wage bill looks too big to me and works out at about 27k a week per player over 35 players and a good 7 of them are kids!  And it's asking a lot getting 15m off the wage bill. Notwithstanding the difficulty of finding clubs for about 12 players, could we still field a side?
Title: Re: Tony’s Statement.
Post by: tomd2103 on June 10, 2018, 11:27:05 AM
I'd be tempted to hold fire on any quick sales. Let's just say by Xmas we're in the hunt. If we get promoted we may get hit by FFP restrictions but the likelihood is a fine at worse. As we've seen in other cases it's not a business threatening amount. The league next year does not look that strong. IF we need to sell we have January as a back up if the league form gives us no hope. I'd be more foccused at trying to shift the big earners than selling our best players for under market value.

Yep, trying to offload some of the bigger earners who contribute very little has to be the priority.  We simply can’t have four right backs at the club, so one or two of those can be shifted.  Lansbury needs to be shifted and I would also be looking to shift Hogan as I just don’t see it working out for him, and RHM and Davis need to be given a chance.  Finally, wasters-in-chief Richards and McCormack really need to go, but as we have seen before, it is all easier said than done.

As it stands, if we could trim the squad a bit we’d probably be left with senior squad of something like:

GK - Steer, Sarkic, Bunn (or new keeper)
RB - De Laet / Elmohamady, Bree, Hutton (to cover left back)
CB - Chester, Elphick, Suliman
LB - Taylor
DM - Whelan, Jedinak (to cover centre half), Lyden
AM - Grealish, Hourihane, Bjarnason
WM - Adomah, Green, O’Hare
ST - Kodjia (cover out wide), Davis, RHM

That’s a squad of 23 and there are a couple of other younger players such as Clark and Doyle-Hayes who could be in contention.  I think the key would be to perhaps move on the likes of Elphick and Taylor and bring in better players who are on less money. 
Title: Re: Tony’s Statement.
Post by: sickbeggar on June 10, 2018, 12:02:22 PM
I think people need to get realistic on who we can sell really. There's not a hope in hell we can sell the likes of richards. He's on massive wages and even if it made sense to pay up the final year of his contract, we may not have the cash flow to do it. I'd love to see all the crap being sold but it never happens.

I see the possible sales as follows.

Players we can  sell who would make a profit and clubs could afford their wages

Grealish
Adomah
Chester
Kodjia
Hourihane
Elmo

Players we could offload at a small loss or maybe persuade to leave because other clubs would offer a longer contract, if not the wages

Jedinak
Whelan
Bjarnason
Elphick
Gardner
De Laet

Not a fucking hope in hell of finding a club that can afford them

Richards
McCormack
Hogan
Taylor
Lansbury

Add to that the youth players who would probably be attractive sell as far as FFP goes.

If the firesale is on, then we're gonna have a shitty squad by the end of it.


Title: Re: Tony’s Statement.
Post by: Clampy on June 10, 2018, 12:10:46 PM
I think clubs would take Lansbury, Hogan and Taylor off our hands. They've still got a few years left him them at this level. Wasn't there another club interested in Lansbury before he came here?
Title: Re: Tony’s Statement.
Post by: sickbeggar on June 10, 2018, 12:15:05 PM
I think clubs would take Lansbury, Hogan and Taylor off our hands. They've still got a few years left him them at this level. Wasn't there another club interested in Lansbury before he came here?

well if the wages are correct of 30-40k  week would you go to say Norwich for 15k if you were any of them? Trouble is the clubs who would want them, can't afford them.
Title: Re: Tony’s Statement.
Post by: Clampy on June 10, 2018, 12:17:43 PM
I think clubs would take Lansbury, Hogan and Taylor off our hands. They've still got a few years left him them at this level. Wasn't there another club interested in Lansbury before he came here?

well if the wages are correct of 30-40k  week would you go to say Norwich for 15k if you were any of them? Trouble is the clubs who would want them, can't afford them.

That's if the wages are correct. You might get a Stoke or Swansea possibly willing to pay it. I can imagine Taylor being on that because he came from a Premier League club. Not sure about Lansbury or Hogan but who knows?
Title: Re: Tony’s Statement.
Post by: sickbeggar on June 10, 2018, 12:24:40 PM
I think clubs would take Lansbury, Hogan and Taylor off our hands. They've still got a few years left him them at this level. Wasn't there another club interested in Lansbury before he came here?

well if the wages are correct of 30-40k  week would you go to say Norwich for 15k if you were any of them? Trouble is the clubs who would want them, can't afford them.

That's if the wages are correct. You might get a Stoke or Swansea possibly willing to pay it. I can imagine Taylor being on that because he came from a Premier League club. Not sure about Lansbury or Hogan but who knows?

well that's it really. A club like stoke and swansea who have the parachute payments are probably the only options unless some PL club fancies them. The other alternative is to knock off money from the fee and use that to subsidize their wages if thats possible.
Title: Re: Tony’s Statement.
Post by: Risso on June 10, 2018, 12:47:25 PM
I think clubs would take Lansbury, Hogan and Taylor off our hands. They've still got a few years left him them at this level. Wasn't there another club interested in Lansbury before he came here?

well if the wages are correct of 30-40k  week would you go to say Norwich for 15k if you were any of them? Trouble is the clubs who would want them, can't afford them.

That's if the wages are correct. You might get a Stoke or Swansea possibly willing to pay it. I can imagine Taylor being on that because he came from a Premier League club. Not sure about Lansbury or Hogan but who knows?

There was a quote the other day that Hogan's wages are "eye-watering".  I'd be surprised if he was on less than £50K a week.  People who go for £10m+ are rarely on less than that, and there were rumours that West Ham were sniffing around.  I think we've got very little chance of getting rid of him personally.
Title: Re: Tony’s Statement.
Post by: old man villa fan on June 10, 2018, 12:52:43 PM
I think clubs would take Lansbury, Hogan and Taylor off our hands. They've still got a few years left him them at this level. Wasn't there another club interested in Lansbury before he came here?

well if the wages are correct of 30-40k  week would you go to say Norwich for 15k if you were any of them? Trouble is the clubs who would want them, can't afford them.

That's if the wages are correct. You might get a Stoke or Swansea possibly willing to pay it. I can imagine Taylor being on that because he came from a Premier League club. Not sure about Lansbury or Hogan but who knows?

There was a quote the other day that Hogan's wages are "eye-watering".  I'd be surprised if he was on less than £50K a week.  People who go for £10m+ are rarely on less than that, and there were rumours that West Ham were sniffing around.  I think we've got very little chance of getting rid of him personally.

If correct, that would have been absolute madness to pay that as he probably would have been on about £10-15k at Brentford.  People wonder how we have got to where we are and panic stands out as our modus operandi over the last few seasons.
Title: Re: Tony’s Statement.
Post by: SheffieldVillain on June 10, 2018, 12:53:17 PM
I think clubs would take Lansbury, Hogan and Taylor off our hands. They've still got a few years left him them at this level. Wasn't there another club interested in Lansbury before he came here?

well if the wages are correct of 30-40k  week would you go to say Norwich for 15k if you were any of them? Trouble is the clubs who would want them, can't afford them.

That's if the wages are correct. You might get a Stoke or Swansea possibly willing to pay it. I can imagine Taylor being on that because he came from a Premier League club. Not sure about Lansbury or Hogan but who knows?

There was a quote the other day that Hogan's wages are "eye-watering".  I'd be surprised if he was on less than £50K a week.  People who go for £10m+ are rarely on less than that, and there were rumours that West Ham were sniffing around.  I think we've got very little chance of getting rid of him personally.

If that's true, Wyness should be sacked for that alone.
Title: Re: Tony’s Statement.
Post by: Meanwood Villa on June 10, 2018, 12:55:46 PM
I can't  help thinking that in the new world of 2018/19 players like Hogan and Lansbury will end up being the better players in our squad and possibly the difference between staying up or not. Not a pleasant state of affairs but at least we might get some use out of them.
Title: Re: Tony’s Statement.
Post by: tomd2103 on June 10, 2018, 01:16:10 PM
I think people need to get realistic on who we can sell really. There's not a hope in hell we can sell the likes of richards. He's on massive wages and even if it made sense to pay up the final year of his contract, we may not have the cash flow to do it.

Not a fucking hope in hell of finding a club that can afford them

McCormack
Hogan
Taylor
Lansbury


I agree that we are almost certainly going to have to swallow Richards being at the club for another season.  Apart from McCormack, I wouldn’t put the others in the same category in terms of attitude, but they are a problem due to their wages.  Paying ridiculous wages to periphery players has been a problem since the O’Neill days and serious questions must be asked about our approach to those discussions with players.  It seems we have been paying massively over the odds in terms of wages for a long time now and it has caused untold problems.

With the previous scoring records of McCormack and Hogan, there might be some interest from clubs to take them on loan and we might be able to offset some of the cost of their wages that way.  Like you, I doubt however that they will be unwilling to depart the gravy train any time soon. 
Title: Re: Tony’s Statement.
Post by: sickbeggar on June 10, 2018, 01:21:08 PM
Yep.End of the day our wage bill is currently between 35-45m a year if you believe the most pessimistic papers. I reckon its probably about 37m so you have so say either a)Tony has been using the wages bill to siphon off money to a chinese bank account or b) we have 1 or 2 players on 200,000 a week or more likely c) the average is around the 25,000 a week mark.  Now the problem we have is if you're a lansbury on 30k a week (i really hope the fuckwits aren't paying him more than that) then if a club comes in and offers 23k a week to him then over the length of his remaining contact he's losing a cool million to leave.  At 27 if i was lansbury, i'd think twice about leaving.
Title: Re: Tony’s Statement.
Post by: Lastfootstamper on June 10, 2018, 01:38:16 PM
Yep.End of the day our wage bill is currently between 35-45m a year if you believe the most pessimistic papers. I reckon its probably about 37m so you have so say either a)Tony has been using the wages bill to siphon off money to a chinese bank account or b) we have 1 or 2 players on 200,000 a week or more likely c) the average is around the 25,000 a week mark.  Now the problem we have is if you're a lansbury on 30k a week (i really hope the fuckwits aren't paying him more than that) then if a club comes in and offers 23k a week to him then over the length of his remaining contact he's losing a cool million to leave.  At 27 if i was lansbury, i'd think twice about leaving.

The season 16/17, the club wage bill totalled near as damn it £62m. I don't know why anyone imagines that it would've been a fat lot less for 17/18.
Title: Re: Tony’s Statement.
Post by: sickbeggar on June 10, 2018, 01:49:10 PM
Yep.End of the day our wage bill is currently between 35-45m a year if you believe the most pessimistic papers. I reckon its probably about 37m so you have so say either a)Tony has been using the wages bill to siphon off money to a chinese bank account or b) we have 1 or 2 players on 200,000 a week or more likely c) the average is around the 25,000 a week mark.  Now the problem we have is if you're a lansbury on 30k a week (i really hope the fuckwits aren't paying him more than that) then if a club comes in and offers 23k a week to him then over the length of his remaining contact he's losing a cool million to leave.  At 27 if i was lansbury, i'd think twice about leaving.

The season 16/17, the club wage bill totalled near as damn it £62m. I don't know why anyone imagines that it would've been a fat lot less for 17/18.

that was including the tax i think. It included all our signings apart from elmo and Whelan and the loans and the likes of Terry and Samba, so there was obviously people we paid with that sum that had left by the time the accounts ended like Baker. Looking at this summer we've lost Terry, Gollini, Gabby, Hutton, Samba, Bunn, Grabban, Snodgrass, Johnstone, Tuenzebe, onamah. On 20k a week on average i make that 10m recovered plus tax. plus i guess gill and some of the other garde signings if they've left as well.
Title: Re: Tony’s Statement.
Post by: Villa in Denmark on June 10, 2018, 02:40:29 PM
Yep.End of the day our wage bill is currently between 35-45m a year if you believe the most pessimistic papers. I reckon its probably about 37m so you have so say either a)Tony has been using the wages bill to siphon off money to a chinese bank account or b) we have 1 or 2 players on 200,000 a week or more likely c) the average is around the 25,000 a week mark.  Now the problem we have is if you're a lansbury on 30k a week (i really hope the fuckwits aren't paying him more than that) then if a club comes in and offers 23k a week to him then over the length of his remaining contact he's losing a cool million to leave.  At 27 if i was lansbury, i'd think twice about leaving.

The season 16/17, the club wage bill totalled near as damn it £62m. I don't know why anyone imagines that it would've been a fat lot less for 17/18.

that was including the tax i think. It included all our signings apart from elmo and Whelan and the loans and the likes of Terry and Samba, so there was obviously people we paid with that sum that had left by the time the accounts ended like Baker. Looking at this summer we've lost Terry, Gollini, Gabby, Hutton, Samba, Bunn, Grabban, Snodgrass, Johnstone, Tuenzebe, onamah. On 20k a week on average i make that 10m recovered plus tax. plus i guess gill and some of the other garde signings if they've left as well.

Some of the what now?
Title: Re: Tony’s Statement.
Post by: ChicagoLion on June 10, 2018, 02:41:46 PM
Who did Garde sign?
Title: Re: Tony’s Statement.
Post by: David_Nab on June 10, 2018, 02:45:01 PM
Who did Garde sign?

Literally no one ..we tied to get a keeper in but his permit got rejected other than that the Board seeing that relegation was inevitable gave up
Title: Re: Tony’s Statement.
Post by: ChicagoLion on June 10, 2018, 02:46:43 PM
Who did Garde sign?

Literally no one ..we tied to get a keeper in but his permit got rejected other than that the Board seeing that relegation was inevitable gave up
Thanks, that’s what I thought.
Title: Re: Tony’s Statement.
Post by: sickbeggar on June 10, 2018, 02:50:08 PM
Sorry I meant the likes of Vertout, armavi who left this season.  I know they aren't garde signings but i just associate them with him.  8) Its very murky with these players what actually happened so were they on loan with an agreement to buy or did we say pay their wages or part of their wages in return for the transfer fee at the end?
Title: Re: Tony’s Statement.
Post by: FranzBiberkopf on June 10, 2018, 04:46:20 PM
The signing of Samba sums up the profligacy under Bruce for me. It was completely pointless and served us no value whatsoever. MD then you add on the whole "multiple fullbacks and centre midfielders' lunacy; the lot of them should be strung up (Xia, Wyness, Round and Bruce).
Title: Re: Tony’s Statement.
Post by: Chris Jameson on June 10, 2018, 05:18:46 PM
Blimey, bit harsh.
Title: Re: Tony’s Statement.
Post by: PaulWinch again on June 10, 2018, 05:32:29 PM
I wouldn’t point to Samba as a profligate signing. It was very much bolstering the squad a bit and I imagine he wasn’t paid an awful lot relatively.
Title: Re: Tony’s Statement.
Post by: eamonn on June 10, 2018, 07:06:48 PM
Exactly, I think he was grateful any club took him on due to him being unattached and he knew he would be back-up so he would have had little negotiating power. £10k-£15k a week tops I'd imagine, the latter for the weeks when he did play.
Title: Re: Tony’s Statement.
Post by: Newby on June 10, 2018, 07:22:23 PM
I would have thought he'd have been on a pay as you play type contract too.
Title: Re: Tony’s Statement.
Post by: SheffieldVillain on June 10, 2018, 07:23:47 PM
I wouldn’t point to Samba as a profligate signing. It was very much bolstering the squad a bit and I imagine he wasn’t paid an awful lot relatively.

I agree.

I would say that the thing the Samba signing does show though is just how unbalanced the squad was.

Five right backs, a large number of central midfielders but we had to resort to a cheap filler signing and a central midfielder as our main back-ups at centre half. That should never have been allowed to happen.
Title: Re: Tony’s Statement.
Post by: john e on June 10, 2018, 07:34:36 PM
depending on who you believe and where you read it average Championship wages are somewhere between 4-8k a week, our average is 25-30k

anyone thinking that the likes of Hourahine, Barny, Lansbury, Taylor, Samba, Elmo, Whelan are going to get clubs to buy them then pay the big wages are living in a dream world

they were all pretty much below average to piss poor with a few bright spots here and there
no way we are getting rid of any of them

add to that the even bigger earners, Richards, Hogan, Mcormac and you see why we are in shit street, not because we have overspent but because we have overspent on absolute shit that we can't get any money back for

you probably couldn't even give any of the above away on the wages they are on

it's undefendable from Xia, Wyness and Bruce they are all culpable
Title: Re: Tony’s Statement.
Post by: VILLA MOLE on June 10, 2018, 07:42:38 PM
depending on who you believe and where you read it average Championship wages are somewhere between 4-8k a week, our average is 25-30k

anyone thinking that the likes of Hourahine, Barny, Lansbury, Taylor, Samba, Elmo, Whelan are going to get clubs to buy them then pay the big wages are living in a dream world

they were all pretty much below average to piss poor with a few bright spots here and there
no way we are getting rid of any of them

add to that the even bigger earners, Richards, Hogan, Mcormac and you see why we are in shit street, not because we have overspent but because we have overspent on absolute shit that we can't get any money back for

you probably couldn't even give any of the above away on the wages they are on

it's undefendable from Xia, Wyness and Bruce they are all culpable


I have no confidence in any of them, part of me wants us to go into administration and hopefully get bought out by someone with an element of competence   But then It is not fair on all the staff and suppliers etc .   


Title: Re: Tony’s Statement.
Post by: eamonn on June 10, 2018, 08:20:54 PM
In a way you'd wonder, as Bruce said himself - "the club sells itself", so why the need to offer new players huge increases on what they're on?
Title: Re: Tony’s Statement.
Post by: PeterWithe on June 10, 2018, 10:27:26 PM
Imagine how the Italian or South American Ultras would react to players like McCormack and Richards stinking out their clubs. I would have expected them to have found alternative clubs by now.

Frank. I’m sure neither of us would be happy to get involved in anything that could be described as conspiracy but, you have a birthday coming up in the next 12 months and id like to get you a present.

What size balaclava do you take?
Title: Re: Tony’s Statement.
Post by: David_Nab on June 11, 2018, 03:04:27 AM
In a way you'd wonder, as Bruce said himself - "the club sells itself", so why the need to offer new players huge increases on what they're on?

Exactly story was Houriane was on 7k at Barnsley and gave him 30k ..I don't remember a bidding war at the time so how did we get conned Into that ..
Lansbury the same 35k ..McCormack who where we competing with to justify the wages ..
Title: Re: Tony’s Statement.
Post by: Villafirst on June 11, 2018, 06:05:39 AM
So, a club in massive crisis, and an important meeting today....via conference call? Xia can't even be arsed to fly over to Britain to try and sort this mess out? I have zero confidence in any of the board at this club. Interestingly, not a single word from Brian Little - isn't he supposed to be advisor to the board? What advice has he given?
Title: Re: Tony’s Statement.
Post by: Lastfootstamper on June 11, 2018, 06:37:16 AM
He's been in hospital, having a knee op.
Title: Re: Tony’s Statement.
Post by: OzVilla on June 11, 2018, 07:40:10 AM
In a way you'd wonder, as Bruce said himself - "the club sells itself", so why the need to offer new players huge increases on what they're on?

Exactly story was Houriane was on 7k at Barnsley and gave him 30k ..I don't remember a bidding war at the time so how did we get conned Into that ..
Lansbury the same 35k ..McCormack who where we competing with to justify the wages ..


Maybe we were just being arrogant, throwing our wealth around trying to look like the big club - we just forgot to sign better players.
Title: Re: Tony’s Statement.
Post by: aj2k77 on June 11, 2018, 09:45:36 AM
He probably can't afford the airfare as he's maxed out his credit cards.
Title: Re: Tony’s Statement.
Post by: Matt Collins on June 11, 2018, 10:35:33 AM
A big problem is that we had a splurge before we had a strategy. Hourihane I reckon we could sell on. But agree that Lansbury and Hogan look terrible signings and we're done when we supposedly had a strategy. We really couldn't afford them even if they were good. The fact they haven't been and there's no market for them is a massive problem.. I can't see how we move them on.
Title: Re: Tony’s Statement.
Post by: mr underhill on June 11, 2018, 11:43:25 AM
then we are going to have to play them in a formation that suits. The days of the bomb squad are over or should be - it's resulted in a financial Chernobyl
Title: Re: Tony’s Statement.
Post by: kippaxvilla2 on June 11, 2018, 12:45:26 PM
I don't know who it was who said it on here, but by far the comment I am still chuckling at in all this mess a week later is 'have they blamed anyone yet, I need to know who to tweet death threats to'.
Title: Re: Tony’s Statement.
Post by: Clark W Griswold on June 11, 2018, 01:29:11 PM
We really should have been signing all players post the relegation on initially a 10-20% rise on their salary at the existing club with the agreement of 50-100 % more on top again if we went up.
Title: Re: Tony’s Statement.
Post by: Richie on June 11, 2018, 01:58:13 PM
Clark - couldn't agree more. It also bewilders me why players aren't paid a basic wage, plus a huge percentage if they actually play. Certainly wouldn't have left us with huge contracts to pay the likes of McCormack, Richards etc.
Title: Re: Tony’s Statement.
Post by: Risso on June 11, 2018, 02:04:36 PM
It's still very much a seller's market.  McCormack was in demand because in the previous 5 seasons in the Championship, in four of them he'd scored 18, 28, 17 and 21 goals.  Somebody with a record like that isn't going to accept a worse deal than the one he has.  It would take a collective effort from all teams to do something about salaries.
Title: Re: Tony’s Statement.
Post by: paul_e on June 11, 2018, 02:37:44 PM
It's still very much a seller's market.  McCormack was in demand because in the previous 5 seasons in the Championship, in four of them he'd scored 18, 28, 17 and 21 goals.  Somebody with a record like that isn't going to accept a worse deal than the one he has.  It would take a collective effort from all teams to do something about salaries.

And there's no incentive for the likes of Man City, Man U, Liverpool, etc to do so and the resulting trickle down is why you have shit like Shelvey on a reported £80k a week.
Title: Re: Tony’s Statement.
Post by: eamonn on June 11, 2018, 02:48:42 PM
Shelvey, huh, isn't he the best English passer of the ball or something?
More like another former depilated Noocassil, temperamental character, that Ketsbaia chap.
Title: Re: Tony’s Statement.
Post by: paul_e on June 11, 2018, 02:56:41 PM
Shelvey, huh, isn't he the best English passer of the ball or something?
More like another former depilated Noocassil, temperamental character, that Ketsbaia chap.

Nah, he's miles down on accuracy (72%) and passes per game but he does get into the top 10 on average number of chances created.
Title: Re: Tony’s Statement.
Post by: JJ-AV on June 11, 2018, 04:30:38 PM
In a way you'd wonder, as Bruce said himself - "the club sells itself", so why the need to offer new players huge increases on what they're on?

Exactly story was Houriane was on 7k at Barnsley and gave him 30k ..I don't remember a bidding war at the time so how did we get conned Into that ..
Lansbury the same 35k ..McCormack who where we competing with to justify the wages ..


Lansbury and Hourihane both had 6 months in their deals so were cheap fee wise and would have been able to command big wages/signing on fees in the Summer.. Similarly you have to pay them atleast a comparable rate to the other players when you’ve got so many on Premier League money.

We have definitely over spent but a lot of it is due to the change in manager and coaching staff every 6 months, players the best manager doesn’t rate on big money and depleting value. Our scouting has been shite since 2006, we rarely find value - Benteke was the last good find I can remember.

Under MON our best players cost big fees at the time.

Before that you’re going back to DOL years and the likes of Laursen and Bouma for a period of good value in the market.
Title: Re: Tony’s Statement.
Post by: andyaston on June 11, 2018, 04:54:15 PM
I guess the news about that American buyer on the back page of the Times last week was bullshit?
Title: Re: Tony’s Statement.
Post by: Lastfootstamper on June 11, 2018, 04:55:19 PM
In a way you'd wonder, as Bruce said himself - "the club sells itself", so why the need to offer new players huge increases on what they're on?

Exactly story was Houriane was on 7k at Barnsley and gave him 30k ..I don't remember a bidding war at the time so how did we get conned Into that ..
Lansbury the same 35k ..McCormack who where we competing with to justify the wages ..


Lansbury and Hourihane both had 6 months in their deals so were cheap fee wise and would have been able to command big wages/signing on fees in the Summer.. Similarly you have to pay them atleast a comparable rate to the other players when you’ve got so many on Premier League money.

We have definitely over spent but a lot of it is due to the change in manager and coaching staff every 6 months, players the best manager doesn’t rate on big money and depleting value. Our scouting has been shite since 2006, we rarely find value - Benteke was the last good find I can remember.

Under MON our best players cost big fees at the time.

Before that you’re going back to DOL years and the likes of Laursen and Bouma for a period of good value in the market.

Wooooaaah, steady up there. That's almost like your suggesting that there's value to be had by scouting outside a 125-mile radius. It'll never catch on.
Title: Re: Tony’s Statement.
Post by: cheltenhamlion on June 11, 2018, 05:54:11 PM
I guess the news about that American buyer on the back page of the Times last week was bullshit?

Xia has no intention of selling up.
Title: Re: Tony’s Statement.
Post by: PaulWinch again on June 11, 2018, 07:32:30 PM
I guess the news about that American buyer on the back page of the Times last week was bullshit?

Xia has no intention of selling up.

Well he needs to do a proper bloody job then.
Title: Re: Tony’s Statement.
Post by: kippaxvilla2 on June 11, 2018, 08:12:17 PM
Agenda for tomorrow

Item 1 - 2018-19 Budgets - 5 minutes.
Title: Re: Tony’s Statement.
Post by: villa `cross the mersey on June 11, 2018, 08:28:00 PM
I guess the news about that American buyer on the back page of the Times last week was bullshit?

Xia has no intention of selling up.
if that's the case I think we are in serious trouble  - we need experienced administrators who can stabilise the club and to    ensure we have a future - I'm not convinced Xia has the money or know how to get us out the mess he created - I don't care if he doesn't want to lose face - right now he is staring at a massive loss -
Title: Re: Tony’s Statement.
Post by: sickbeggar on June 11, 2018, 08:34:29 PM
Or maybe the problem is he wasn't hands on enough. Left it all to the "football" people, bought all Wyness' promises about promotion and then was left disappointed when the sure thing didn't materialise. I mean Lerner was asleep at the wheel for most of his reign and if you have no interest in your business it rarely works out well.
Title: Re: Tony’s Statement.
Post by: David_Nab on June 11, 2018, 08:41:35 PM
In a way you'd wonder, as Bruce said himself - "the club sells itself", so why the need to offer new players huge increases on what they're on?

Exactly story was Houriane was on 7k at Barnsley and gave him 30k ..I don't remember a bidding war at the time so how did we get conned Into that ..
Lansbury the same 35k ..McCormack who where we competing with to justify the wages ..


Lansbury and Hourihane both had 6 months in their deals so were cheap fee wise and would have been able to command big wages/signing on fees in the Summer.. Similarly you have to pay them atleast a comparable rate to the other players when you’ve got so many on Premier League money.

We have definitely over spent but a lot of it is due to the change in manager and coaching staff every 6 months, players the best manager doesn’t rate on big money and depleting value. Our scouting has been shite since 2006, we rarely find value - Benteke was the last good find I can remember.

Under MON our best players cost big fees at the time.

Before that you’re going back to DOL years and the likes of Laursen and Bouma for a period of good value in the market.

Houriane and Lansbury are championship level players there is no club in this league paying them what we  handed out .Even if we went up we would of had 70k plus in wages A week we would of struggled to clear , it was shocking negotiations and scouting
Title: Re: Tony’s Statement.
Post by: Jon Crofts on June 11, 2018, 08:45:59 PM
Agenda for tomorrow

Item 1 - 2018-19 Budgets - 5 minutes.

That long?
Title: Re: Tony’s Statement.
Post by: The Edge on June 11, 2018, 08:46:38 PM
I guess the news about that American buyer on the back page of the Times last week was bullshit?

Xia has no intention of selling up.

Well he needs to do a proper bloody job then.
First thing we need is a statement telling us what the hell is going on and what they intend to do to repair the damage they have done to our 144 year old club. And can they please employ a proper interpreter who can make sure it's grammatically correct and we can make bloody sense of it!
Title: Re: Tony’s Statement.
Post by: ozzjim on June 11, 2018, 08:52:46 PM
If he's not selling up, but is selling Chester, Grealish and Kodjia, we are fucked. Utterly fucked. The man needs to just sell. Save face my arse, he's an utter con.
Title: Re: Tony’s Statement.
Post by: Ads on June 11, 2018, 09:08:46 PM
I think a statement telling us that they're thinking of the children would help.

Let's see what comes out of the wash. Whipping yourself into a frenzy doesn't help.
Title: Re: Tony’s Statement.
Post by: kippaxvilla2 on June 11, 2018, 09:14:23 PM
Agenda for tomorrow

Item 1 - 2018-19 Budgets - 5 minutes.

That long?

Yes to allow for the delays from Beijing and Tony’s silences.
Title: Re: Tony’s Statement.
Post by: berneboy on June 11, 2018, 10:54:53 PM
I still like and trust Dr Tony.
And I'm just waiting to see where we go.

If I'm upset about anyone (,barring SuperRoss) it's Steve Bruce so I personally hope he goes quickly and we rebuild in a more long-term fashion.
Title: Re: Tony’s Statement.
Post by: four fornicholl on June 11, 2018, 11:05:07 PM
I still like and trust Dr Tony.
And I'm just waiting to see where we go.

If I'm upset about anyone (,barring SuperRoss) it's Steve Bruce so I personally hope he goes quickly and we rebuild in a more long-term fashion.
Dr?
Title: Re: Tony’s Statement.
Post by: Pete3206 on June 11, 2018, 11:20:54 PM
Agenda for tomorrow

Item 1 - 2018-19 Budgets - 5 minutes.

Item 2 - Any other business?
Title: Re: Tony’s Statement.
Post by: Richie on June 11, 2018, 11:25:15 PM
You trust the bloke who’s put the whole future of the club at risk ? I don’t and never will again. Our only hope is there might be a buyer out there who actually has a business brain and the financially clout required
Title: Re: Tony’s Statement.
Post by: supertom on June 12, 2018, 08:13:24 AM
Deep down we all must have expected this. We've lived through it under Lerner. Living beyond our means. Reckless spending, which then came back to haunt us. It's only by the grace of McGrath that Lerner didn't ruin us, and had we gone down sooner and he hadn't found a buyer, he'd have got us to this point too.

Tony's come in and done exactly the same thing and if anything, with even more reckless abandon and even less understanding of running a football club. We all buy into the vision. We get caught up in the spending sprees, the excitement of spending like we have an endless pot of cash. We questionned signing people like Curtis Davies for 10 mill, Coker for 8, during the Lerner years. I don't think we've ever spent as ludicrously as we did in the Championship, one Championship standard players. In what logical world should Ross McCormack cost as much as he did? Or Hogan?

I got excited. Many of us got excited. But whilst the majority of us probably repressed the reality to the back of our minds (I did), the crippling reality is happening now. We're now seeing just what happens if you spend like this in the Championship, firing out transfer fees and Wages that we realistically would struggle to cover with our running costs in the Premiership never mind the second tier. We gambled big on Champions League football under Lerner. We lost the gamble. We gambled again under Tony. We lost. And our approach to managerial appointments seems to be persistently aimed at short term thinking.

 
Title: Re: Tony’s Statement.
Post by: wozwebs on June 12, 2018, 09:42:54 AM
Deep down we all must have expected this. We've lived through it under Lerner. Living beyond our means. Reckless spending, which then came back to haunt us. It's only by the grace of McGrath that Lerner didn't ruin us, and had we gone down sooner and he hadn't found a buyer, he'd have got us to this point too.

Tony's come in and done exactly the same thing and if anything, with even more reckless abandon and even less understanding of running a football club. We all buy into the vision. We get caught up in the spending sprees, the excitement of spending like we have an endless pot of cash. We questionned signing people like Curtis Davies for 10 mill, Coker for 8, during the Lerner years. I don't think we've ever spent as ludicrously as we did in the Championship, one Championship standard players. In what logical world should Ross McCormack cost as much as he did? Or Hogan?

I got excited. Many of us got excited. But whilst the majority of us probably repressed the reality to the back of our minds (I did), the crippling reality is happening now. We're now seeing just what happens if you spend like this in the Championship, firing out transfer fees and Wages that we realistically would struggle to cover with our running costs in the Premiership never mind the second tier. We gambled big on Champions League football under Lerner. We lost the gamble. We gambled again under Tony. We lost. And our approach to managerial appointments seems to be persistently aimed at short term thinking.

 

Spot on
Title: Re: Tony’s Statement.
Post by: VinnieChase84 on June 12, 2018, 09:55:21 AM
Deep down we all must have expected this. We've lived through it under Lerner. Living beyond our means. Reckless spending, which then came back to haunt us. It's only by the grace of McGrath that Lerner didn't ruin us, and had we gone down sooner and he hadn't found a buyer, he'd have got us to this point too.

Tony's come in and done exactly the same thing and if anything, with even more reckless abandon and even less understanding of running a football club. We all buy into the vision. We get caught up in the spending sprees, the excitement of spending like we have an endless pot of cash. We questionned signing people like Curtis Davies for 10 mill, Coker for 8, during the Lerner years. I don't think we've ever spent as ludicrously as we did in the Championship, one Championship standard players. In what logical world should Ross McCormack cost as much as he did? Or Hogan?

I got excited. Many of us got excited. But whilst the majority of us probably repressed the reality to the back of our minds (I did), the crippling reality is happening now. We're now seeing just what happens if you spend like this in the Championship, firing out transfer fees and Wages that we realistically would struggle to cover with our running costs in the Premiership never mind the second tier. We gambled big on Champions League football under Lerner. We lost the gamble. We gambled again under Tony. We lost. And our approach to managerial appointments seems to be persistently aimed at short term thinking.

 

So your saying.. third time lucky!? ;-)

Well summed up!!
Title: Re: Tony’s Statement.
Post by: Des Little on June 12, 2018, 10:22:19 AM
I still like and trust Dr Tony.
And I'm just waiting to see where we go.

If I'm upset about anyone (,barring SuperRoss) it's Steve Bruce so I personally hope he goes quickly and we rebuild in a more long-term fashion.

Are you taking the p*ss? 
Title: Re: Tony’s Statement.
Post by: mattjpa on June 12, 2018, 10:42:10 AM
Deep down we all must have expected this. We've lived through it under Lerner. Living beyond our means. Reckless spending, which then came back to haunt us. It's only by the grace of McGrath that Lerner didn't ruin us, and had we gone down sooner and he hadn't found a buyer, he'd have got us to this point too.

Tony's come in and done exactly the same thing and if anything, with even more reckless abandon and even less understanding of running a football club. We all buy into the vision. We get caught up in the spending sprees, the excitement of spending like we have an endless pot of cash. We questionned signing people like Curtis Davies for 10 mill, Coker for 8, during the Lerner years. I don't think we've ever spent as ludicrously as we did in the Championship, one Championship standard players. In what logical world should Ross McCormack cost as much as he did? Or Hogan?

I got excited. Many of us got excited. But whilst the majority of us probably repressed the reality to the back of our minds (I did), the crippling reality is happening now. We're now seeing just what happens if you spend like this in the Championship, firing out transfer fees and Wages that we realistically would struggle to cover with our running costs in the Premiership never mind the second tier. We gambled big on Champions League football under Lerner. We lost the gamble. We gambled again under Tony. We lost. And our approach to managerial appointments seems to be persistently aimed at short term thinking.

 

So your saying.. third time lucky!? ;-)

Well summed up!!

Got to say....I wasnt expecting this. I thought we spent a lot first year but imagined the value of the squad was going up accordingly. I also presumed the parachute payments and money from sales would more than cover this. I thought the wage bill was going to be reduced with all of the premiership players we let go and the new lads coming from the championship on lower wages. I realised we were spending alot on loan player wages but no biggy - if we dont go up we just send them back. Besides, a few of our decent earners are out on loan to offset a portion of this surely.
Even when FFP starting looming i thought surely we can offload one or two players (not our star players) and balance the books

Im completely naive but I trusted Xia and Wyness and thought for the first time in donkeys years we were being run properly. When the said they had aplan for both eventualities, i believed them.
Now that the sheer level of incompetence and fuckwittery is laid bare for us all to see, I cant believe many people can hand on heart say "i knew this would happen" even with the vocal minority airing doubts over Dr T
Title: Re: Tony’s Statement.
Post by: themossman on June 12, 2018, 10:52:08 AM
To be fair he did have a plan for both eventualities. We just didn’t realise plan B was ‘flee to China, incur the ire of HMRC, impulsively sack off management and channel your breakdown through social media’.
Title: Re: Tony’s Statement.
Post by: Stan Drew 01 on June 12, 2018, 11:03:10 AM
Deep down we all must have expected this. We've lived through it under Lerner. Living beyond our means. Reckless spending, which then came back to haunt us. It's only by the grace of McGrath that Lerner didn't ruin us, and had we gone down sooner and he hadn't found a buyer, he'd have got us to this point too.

Tony's come in and done exactly the same thing and if anything, with even more reckless abandon and even less understanding of running a football club. We all buy into the vision. We get caught up in the spending sprees, the excitement of spending like we have an endless pot of cash. We questionned signing people like Curtis Davies for 10 mill, Coker for 8, during the Lerner years. I don't think we've ever spent as ludicrously as we did in the Championship, one Championship standard players. In what logical world should Ross McCormack cost as much as he did? Or Hogan?

I got excited. Many of us got excited. But whilst the majority of us probably repressed the reality to the back of our minds (I did), the crippling reality is happening now. We're now seeing just what happens if you spend like this in the Championship, firing out transfer fees and Wages that we realistically would struggle to cover with our running costs in the Premiership never mind the second tier. We gambled big on Champions League football under Lerner. We lost the gamble. We gambled again under Tony. We lost. And our approach to managerial appointments seems to be persistently aimed at short term thinking.

 

So your saying.. third time lucky!? ;-)

Well summed up!!

Got to say....I wasnt expecting this. I thought we spent a lot first year but imagined the value of the squad was going up accordingly. I also presumed the parachute payments and money from sales would more than cover this. I thought the wage bill was going to be reduced with all of the premiership players we let go and the new lads coming from the championship on lower wages. I realised we were spending alot on loan player wages but no biggy - if we dont go up we just send them back. Besides, a few of our decent earners are out on loan to offset a portion of this surely.
Even when FFP starting looming i thought surely we can offload one or two players (not our star players) and balance the books

Im completely naive but I trusted Xia and Wyness and thought for the first time in donkeys years we were being run properly. When the said they had aplan for both eventualities, i believed them.
Now that the sheer level of incompetence and fuckwittery is laid bare for us all to see, I cant believe many people can hand on heart say "i knew this would happen" even with the vocal minority airing doubts over Dr T

I expect the intervention of a bluenose in this debate will be about as welcome as a bucket of cold sick, but here goes.

The one thing you can be absolutely certain about is that come what may and even in the worst case scenario there will always be an Aston Villa FC of some description. Players come and go, managers come and go and even owners come and go. The one constant at any football club is the fans, we have nowhere else to go. So even if the unthinkable was to come about then no later than the day after a new Aston Villa would rise from the ashes, maybe a long way down the ladder but the fans would still be there and behind them. So fuck the owners fuck the managers and fuck the players. KRO

Good (ish) luck


Title: Re: Tony’s Statement.
Post by: Holte132 on June 12, 2018, 11:06:46 AM
I was talking with my daughter the other day and saying how Dr T has left us in a huge mess. She thought that he shouldn't be blamed because he couldn't have predicted that the Chinese authorities would prevent him from taking money out of the country. Must admit I was at a loss to explain why he is at fault, although I'm convinced he is and have read (I think) every post in this thread. Could someone explain it in nice simple terms for me so that I can pass it on to my daughter? Ta.
Title: Re: Tony’s Statement.
Post by: aj2k77 on June 12, 2018, 11:11:24 AM
The Chinese authorities haven't prevented him from taking his money out of the country.
Title: Re: Tony’s Statement.
Post by: Holte132 on June 12, 2018, 11:23:08 AM
The Chinese authorities haven't prevented him from taking his money out of the country.

Oh. I thought I'd read that there was now a limit on how much money could be moved from China. Was that a false rumour?
Title: Re: Tony’s Statement.
Post by: Chris Jameson on June 12, 2018, 11:24:10 AM
I know Steve Bruce has never been popular with a lot of people but how can anybody be so blinkered as to blame him and still trust a man (who, like Bruce, many of us have been wary of) who has taken the club to a real threat of administration and face selling the only good/decent players they have to survive a few more seasons outside the Big League?

This is a man who ludicrously made the claim we would be playing Champions League football and challenging to be one of the biggest clubs in Europe within 5 or 6 years.
Title: Re: Tony’s Statement.
Post by: liam on June 12, 2018, 11:35:35 AM
Puts a new statement up and the website can't handle the traffic to read it....
Title: Re: Tony’s Statement.
Post by: Holte132 on June 12, 2018, 11:37:06 AM
The Chinese authorities haven't prevented him from taking his money out of the country.

Oh. I thought I'd read that there was now a limit on how much money could be moved from China. Was that a false rumour?

This is what I read - it's a post by Tuscans last Wednesday:

We never really knew about the reality of the Docs wealth but I read 3 articles about moving money out of China all saying the same, "China law forbids anyone from sending out of China more than USD$50,000 in any given year without government approval".
Title: Re: Tony’s Statement.
Post by: liam on June 12, 2018, 11:40:08 AM
Aston Villa Football Club can confirm that Keith Wyness has now left the Club.
The Club notes the media speculation relating to Keith’s departure and prospective legal proceedings.
The Club will be happy to defend legal proceedings if called on to do so and does not propose to comment further at this time.
Title: Re: Tony’s Statement.
Post by: liam on June 12, 2018, 11:46:49 AM
Aston Villa Football Club can confirm that Keith Wyness has now left the Club.
The Club notes the media speculation relating to Keith’s departure and prospective legal proceedings.
The Club will be happy to defend legal proceedings if called on to do so and does not propose to comment further at this time.

Noticed this is in the Keith Wyness thread so please ignore.
Title: Re: Tony’s Statement.
Post by: Tuscans on June 12, 2018, 11:48:25 AM
Simon Jordan talking very eloquently about the mess at Villa. He's suggesting things aren't as bad as the media make out in respect to the tax bills and finding money. He thinks it will all be quite easy for a club like Villa to sort all this out.
Title: Re: Tony’s Statement.
Post by: Oscar Arce on June 12, 2018, 11:59:27 AM
Simon Jordan talking a lot of sense on Talk Sport this morning, giving some perspective on the situation.
Title: Re: Tony’s Statement.
Post by: VinnieChase84 on June 12, 2018, 12:04:13 PM
Simon Jordan talking very eloquently about the mess at Villa. He's suggesting things aren't as bad as the media make out in respect to the tax bills and finding money. He thinks it will all be quite easy for a club like Villa to sort all this out.

Changed his tune from last week then. Wasn’t paying fears down last week
Title: Re: Tony’s Statement.
Post by: Villan For Life on June 12, 2018, 12:18:09 PM
I can’t work Simon Jordan out. On one hand he’s very pro-Villa and on social media he regularly slags our rivals off. On the other hand I wonder why he does it. He’s wealthy but does he have the kind of wealth that would enable him to become involved at Villa? Or is he another chancer, a vulture circling a carcass ready to snap us up for a pittance if the unthinkable happens?

He was pretty high profile at Palace but he strikes me as a chancer with his eye on the next opportunity.
Title: Re: Tony’s Statement.
Post by: Holte132 on June 12, 2018, 12:25:48 PM
'How much Xia is actually worth is a matter of debate and tied in with the question of why he is no longer bankrolling Villa. A key reason put forward is that the Chinese government has clamped down on capital flight, where investors send their money out of the country...'

This from last week. So is the lack of money from Xia his fault, or the fault of the Chinese government? I do need to be able to convince my daughter - she's always managed to tie me up in knots in any discussion and I want to be clear about this!
Title: Re: Tony’s Statement.
Post by: robbo1874 on June 12, 2018, 12:38:12 PM
I don’t profess to having any itk here, but I do sit next to a guy at work from a Chinese background who has been talking about the Chinese govt limitations on capital outflows from China for months. I wouldn’t be surprised to learn that this may in some part the reason why the money has dried up. But then again, I wouldn’t exactly be surprised either if it transpired that tony doesn’t have the cash that he claimed to have when he did the takeover. We’ll see, I suppose.
Title: Re: Tony’s Statement.
Post by: Blagg on June 12, 2018, 12:39:49 PM
I can’t work Simon Jordan out. On one hand he’s very pro-Villa and on social media he regularly slags our rivals off. On the other hand I wonder why he does it. He’s wealthy but does he have the kind of wealth that would enable him to become involved at Villa? Or is he another chancer, a vulture circling a carcass ready to snap us up for a pittance if the unthinkable happens?

He was pretty high profile at Palace but he strikes me as a chancer with his eye on the next opportunity.

Jordan's Wikipedia page makes interesting reading, regarding his time at Crystal Palace.  Cash flow problems and administration, but also securing the future of the club by arranging the purchase of the ground from the previous chairman.   Amongst the highlights are overseeing Steve Bruce's 'resignation' which ended up in court
Title: Re: Tony’s Statement.
Post by: DBTW on June 12, 2018, 01:00:57 PM
If you get chance, read Jordan's book, its a very good read
Title: Re: Tony’s Statement.
Post by: liam on June 12, 2018, 01:34:54 PM
I can’t work Simon Jordan out. On one hand he’s very pro-Villa and on social media he regularly slags our rivals off. On the other hand I wonder why he does it. He’s wealthy but does he have the kind of wealth that would enable him to become involved at Villa? Or is he another chancer, a vulture circling a carcass ready to snap us up for a pittance if the unthinkable happens?

He was pretty high profile at Palace but he strikes me as a chancer with his eye on the next opportunity.

Jordan's Wikipedia page makes interesting reading, regarding his time at Crystal Palace.  Cash flow problems and administration, but also securing the future of the club by arranging the purchase of the ground from the previous chairman.   Amongst the highlights are overseeing Steve Bruce's 'resignation' which ended up in court

Strange how the cash stopped right around the play off final defeat though.....amazing how the government let the money come through for the last 2 years. Maybe there was enough for funding of the gamble, when we got defeated the gambler stopped chasing his losses?
 
Title: Re: Tony’s Statement.
Post by: Chris Jameson on June 12, 2018, 01:41:15 PM
Wasn't Simon Jordan responsible/to blame for the Specials reforming?
Title: Re: Tony’s Statement.
Post by: PeterWithe on June 12, 2018, 02:38:31 PM
I can’t work Simon Jordan out. On one hand he’s very pro-Villa and on social media he regularly slags our rivals off. On the other hand I wonder why he does it. He’s wealthy but does he have the kind of wealth that would enable him to become involved at Villa? Or is he another chancer, a vulture circling a carcass ready to snap us up for a pittance if the unthinkable happens?

He was pretty high profile at Palace but he strikes me as a chancer with his eye on the next opportunity.

Jordan's Wikipedia page makes interesting reading, regarding his time at Crystal Palace.  Cash flow problems and administration, but also securing the future of the club by arranging the purchase of the ground from the previous chairman.   Amongst the highlights are overseeing Steve Bruce's 'resignation' which ended up in court

Strange how the cash stopped right around the play off final defeat though.....amazing how the government let the money come through for the last 2 years. Maybe there was enough for funding of the gamble, when we got defeated the gambler stopped chasing his losses?
 

There were reports, albeit seemingly leaked by Wyness, that the working capital injected by Xia had been late or not turned up at all throughout last season. The factoring to that Australian Bank of the final payments for the Amarvi and Sanchez transfers in January would seem to suggest that cashflow has been a problem since at least then.
Title: Re: Tony’s Statement.
Post by: JJ-AV on June 12, 2018, 03:47:47 PM
If Axia doesn’t have any money we will surely be granted some leeway with regards to financial penalties etc? I mean it is the responsibility of the FA to ensure that owners are ‘fit and proper’ after all?
Title: Re: Tony’s Statement.
Post by: old man villa fan on June 12, 2018, 04:24:53 PM
If Axia doesn’t have any money we will surely be granted some leeway with regards to financial penalties etc? I mean it is the responsibility of the FA to ensure that owners are ‘fit and proper’ after all?

You can take a horse to water etc.  They checked him out and made sure he had funds for the following season but that was on the basis of funding the running of the club, not on going out on a shopping spree that we could not afford (as it has turned out).
Title: Re: Tony’s Statement.
Post by: Newby on June 12, 2018, 08:32:19 PM
Still no proper, meaningful statement then?
Title: Re: Tony’s Statement.
Post by: Three Spires Villa on June 12, 2018, 08:56:00 PM
Still no proper, meaningful statement then?
[/quote

No and I don’t think there will be one
Title: Re: Tony’s Statement.
Post by: Villafirst on June 12, 2018, 10:19:23 PM
Nice one Tony......in keeping the fans well informed, not! An absolute disgrace. Just sell-up and go!
Title: Re: Tony’s Statement.
Post by: aj2k77 on June 12, 2018, 10:24:40 PM
Whatever he says does it really matter?

Nothing would appease the fans, everything would be second guessed. He has no respect here anymore. If it wasn't so important he'd be a laughing stock.

The phoney needs to disappear but I can't see anyone coming in for us anytime soon so we are stuck with a gambler with no idea and his yes men. Oh and Steve Round and his football phillosophy, whatever the fuck that means.
Title: Re: Tony’s Statement.
Post by: Newby on June 12, 2018, 10:35:47 PM
Whatever he says does it really matter?

Nothing would appease the fans, everything would be second guessed. He has no respect here anymore. If it wasn't so important he'd be a laughing stock.

The phoney needs to disappear but I can't see anyone coming in for us anytime soon so we are stuck with a gambler with no idea and his yes men. Oh and Steve Round and his football phillosophy, whatever the fuck that means.

It matters greatly AJ.  I want to know if we are looking for another Manager, will we have a budget to strengthen the side, is the ambition promotion or top ten, or survival.  I want to know if the club is being restructured, are people's jobs safe, is Xia selling the club or looking for major/minor investment, what is the plan, should we be as worried as the press would have us believe?   I agree that he has little to no credit left but showing some leadership might regain him some.  Is he reviewing Round's position?  So many questions but so little leadership.
Title: Re: Tony’s Statement.
Post by: kippaxvilla2 on June 12, 2018, 10:45:01 PM
 John Percy
12 JUNE 2018 • 10:30PM
Aston Villa are set for talks with the Football League next week as fears grow over the Championship club's finances.

Shaun Harvey, the EFL’s chief executive, is scheduled to meet with Villa officials in a bid to discover the club’s future plans following failure to win promotion to the Premier League.

Villa have been struggling with financial difficulties due to the cash-flow issues of Chinese owner Dr Tony Xia, with the club also being sued for constructive dismissal by former chief executive Keith Wyness.

Last month Xia was late paying a tax bill and with the club already under huge pressure to fall in line with Financial Fair Play rules, the EFL has contacted Villa to set up a meeting.

It is understood Harvey will request a broad business plan for next season and proof the club can fulfil its financial obligations.

Villa are aiming to slash their wage bill and bring it down to around £30m and held a board meeting on Tuesday as they mapped out their summer strategy.

 Steve Bruce manager of Aston Villa talks to Dr Tony Xia chairman of Aston Villa during a training session at the club's training ground at The Recon Training Complex on May 11, 2018 in Birmingham, England
Chairman Dr Tony Xia (right) and Aston Villa are in worrying times CREDIT: GETTY IMAGES
Steve Bruce, the manager, was not present at the meeting, but it is understood the financial ramifications for staying in the Championship were relayed to technical director Steve Round. Xia remains reluctant to sell up, yet there are fears he will have to cash in on at least two top players, such as Jack Grealish and James Chester.

Villa have confirmed the departure of Wyness, who has launched legal action against the club.

Wyness is suing for constructive dismissal in a claim which could cost Villa up to £6m, as revealed by Telegraph Sport.

Villa’s statement read: “Aston Villa Football Club can confirm that Keith Wyness has now left the club. The club notes the media speculation relating to Keith’s departure and prospective legal proceedings.

“The club will be happy to defend legal proceedings if called on to do so and does not propose to comment further at this time.”

Meanwhile, Villa defender Alan Hutton is in talks with Nottingham Forest. Hutton, the former Scotland international, will be a free agent next month and has been offered a two-year deal by Forest manager Aitor Karanka.
Title: Re: Tony’s Statement.
Post by: Newby on June 12, 2018, 10:51:59 PM
Is Mr Harvey planning to meet with the owners of other clubs too as I understand that there are several in the same pot as Villa?  I think Percy is making things up here unless this is standard practice after a play off loss.   
Title: Re: Tony’s Statement.
Post by: David_Nab on June 12, 2018, 11:27:01 PM
Is Harvey going to review their fit and proper ownership that passed Xia in the first place ?
Title: Re: Tony’s Statement.
Post by: aj2k77 on June 12, 2018, 11:27:26 PM
Whatever he says does it really matter?

Nothing would appease the fans, everything would be second guessed. He has no respect here anymore. If it wasn't so important he'd be a laughing stock.

The phoney needs to disappear but I can't see anyone coming in for us anytime soon so we are stuck with a gambler with no idea and his yes men. Oh and Steve Round and his football phillosophy, whatever the fuck that means.

It matters greatly AJ.  I want to know if we are looking for another Manager, will we have a budget to strengthen the side, is the ambition promotion or top ten, or survival.  I want to know if the club is being restructured, are people's jobs safe, is Xia selling the club or looking for major/minor investment, what is the plan, should we be as worried as the press would have us believe?   I agree that he has little to no credit left but showing some leadership might regain him some.  Is he reviewing Round's position?  So many questions but so little leadership.

If he comes out and says everything if fine it's all under control wouldn't you just think it's more bullshit?

What happened to plan B? You know when they were questioned on consequences and assured everyone it was all in hand.
Title: Re: Tony’s Statement.
Post by: VinnieChase84 on June 12, 2018, 11:43:56 PM
The good news just keeps on coming hey. This EFL guy has overseen 3 administrations.
Fear things will get much much worse for us before they can get better.
Title: Re: Tony’s Statement.
Post by: eamonn on June 13, 2018, 12:21:21 AM
Percy is speculating and painting as shit a picture as possible...I thought he liked us.
Title: Re: Tony’s Statement.
Post by: john e on June 13, 2018, 06:05:04 AM
Percy is speculating and painting as shit a picture as possible...I thought he liked us.

maybe he does but the picture is that shit
Title: Re: Tony’s Statement.
Post by: mr underhill on June 13, 2018, 07:08:04 AM
the reality is probably Armageddon.
Title: Re: Tony’s Statement.
Post by: Ads on June 13, 2018, 07:38:25 AM
Good, least we can have a fight about it if it is. I'll follow us anywhere, but I'm not sure I'd fancy Syria away.

I think he's perpetuating the story the keep inches filled as people will lap up the doom, when in reality little new has emerged in a week.
Title: Re: Tony’s Statement.
Post by: kippaxvilla2 on June 13, 2018, 07:43:55 AM
Some good news!

Steve Bruce encouraged after receiving positive news on Aston Villa's playing budget

Matt Maher1 hour ago
Steve Bruce is ready to fight on at Villa after being informed of his playing budget for next season.

The 57-year-old is understood to have received positive assurances on the troubled club’s future direction after board members held crunch talks on Tuesday.

Bruce was not present at the meeting, chaired by chief commercial officer Luke Organ, but was later informed of the surprisingly bright outlook by Steve Round, the club’s technical director.

Though the budget is reduced from last season, the cuts are not so severe as feared and both Bruce and Round are now more confident of being able to build a team that can be competitive in the Championship next term.

Some sources have even suggested Villa, who have been suffering from an acute cash crisis, are ready to fight to keep star man Jack Grealish.

Despite this development, an element of uncertainty still surrounds Bruce’s position, chiefly due to owner Tony Xia’s failure to give the manager any public backing.

Bruce had been linked with the vacant managerial job at Leeds, now set to be filled by Marcelo Bielsa. There were even reports he could walk away from the club should his budget be slashed too sharply. That scenario, at least, now seems unlikely.

News of Tuesday’s positive meeting came just a week after Villa’s very future was plunged into doubt due to a cash crisis that saw them threatened with a winding-up order by HMRC.

There remain many unanswered questions about Xia’s ability to effectively fund Villa, though sources have suggested the owner has enough resources to see the club through the next few weeks.

Yet it has emerged EFL chief executive Shaun Harvey will meet with club officials next week, in order to establish their future plans.

Keeping his promise on the playing budget will depend on Xia engineering a more dependable cashflow from China than in recent months. It has been claimed the owner, who is eager to remain in control of the club, has been seeking outside investment.

Villa have, meanwhile, vowed to defend themselves against any legal action brought by former chief executive Keith Wyness.

The 60-year-old is understood to be suing for constructive dismissal, an action which could cost Villa more than £6million.

In a statement formally confirming Wyness’s exit, Villa stated they will be “happy to defend” legal proceedings if called on to do so.

Wyness was initially suspended last week, on the same day news of the missed tax payment emerged. It is understood he and Xia had clashed over the best way to deal with Villa's financial issues.
Title: Re: Tony’s Statement.
Post by: old man villa fan on June 13, 2018, 08:14:35 AM
That's some good news and, by the sound if it, there might be a bit if cash available. Now use some of it and get rid of the manager.
Title: Re: Tony’s Statement.
Post by: Ads on June 13, 2018, 08:15:09 AM
Because this time we will get it right...
Title: Re: Tony’s Statement.
Post by: wozwebs on June 13, 2018, 08:18:38 AM
Shame we all didn’t pay attention to this article from 2016

https://www.reddit.com/r/soccer/comments/4k06t8/the_new_owner_of_aston_villa_dr_tony_xia_is_an/

Quote
I searched this person ("Dr. Tony Xia", real name Xia Jiantong 夏建统) a bit. Be ware, he seems to be a known fraud. He claims to be a Harvard PhD and even "professor", and used that to obtain a lot of funding for his company. But actually he just obtained Master's degree there. His PhD career is on a permanent leave. He also claimed to be hired into a world-class company as vice president early in his career, which is nonsense (he registered the company himself). Also he's known to cheat and lie a lot to everybody around him, e.g. constantly betraying his ex wife who "cut relation with parents, had 4 abortions, and worked illegally when still a student" to support his Master's career, promising great compensations for people he hired and never fulfilling them etc. Detailed information(widely reported circa 2009) is available at http://www.xys.org/dajia/xiajt.html, for anybody who can read Chinese.

Watch out Villa fans. Although somebody who bluffs a lot is not necessarily bad businessman, this guy seems to have some fundamental moral issues and God knows what he's going to do with Villa.
Title: Re: Tony’s Statement.
Post by: Ads on June 13, 2018, 08:20:25 AM
You not seen Dave's sticky?
Title: Re: Tony’s Statement.
Post by: old man villa fan on June 13, 2018, 08:20:47 AM
If there was a law of probability, yes.

In the real world, you develop a wide strategic plan for the club and the manager is only part of it. When you think like that, you are well down the path of identifying and selecting the right manager.
Title: Re: Tony’s Statement.
Post by: wozwebs on June 13, 2018, 08:23:12 AM
You not seen Dave's sticky?

Missed it, sorry. First time I’ve seen this one.
Title: Re: Tony’s Statement.
Post by: pauliewalnuts on June 13, 2018, 08:59:29 AM
Percy is speculating and painting as shit a picture as possible...I thought he liked us.

He's not, he's doing his job, which is going to involve telling us things we don't like to hear from time to time.

He's also extremely credible as a source. If this story were from the likes of James Nursey or Alan Nixon, it'd be different, but it isn't, it's from someone who consistently gets Villa stories right.
Title: Re: Tony’s Statement.
Post by: old man villa fan on June 13, 2018, 09:18:01 AM
According to construction press, "O'Brien (a groundworks contractor) has started work with Aston Villa Football Club to relocate parts of their training ground to make way for HS2"

I will try and link in to the story later. Basically, they are moving 9 natural pitches and one 3G.
Title: Re: Tony’s Statement.
Post by: pbavfckuwait on June 13, 2018, 12:34:23 PM
So Bruce has had guarantees, well that's the Villa sorted, Xia has problems managing the finances by the sound of it week to week, so if Bruce is daft enough to believe what he has been presented on a excel spread sheet, that is probably based on Xia praying to whatever God he believes in that the fairy god mother is gonna turn up at the end of the garden and give him enough dough/ funds to go with his 
(a) Can't get it out of China old pal
(b) Just a temporary blip as I've lost me bank book Guv.
(c) I havn't got a pot to piss in, but I've meet the future King of England.

We are not only owned by a looks more likely everyday charlatan but managed by a moron.
Title: Re: Tony’s Statement.
Post by: robbo1874 on June 13, 2018, 01:18:26 PM
At least we haven’t built a stand half a mile away from the pitch...

Fkn hell Villa- get your shit together!

Tony- front up, or fk off.
Title: Re: Tony’s Statement.
Post by: Ads on June 13, 2018, 01:20:40 PM
What statement do we need now?
Title: Re: Tony’s Statement.
Post by: kippaxvilla2 on June 13, 2018, 01:41:23 PM
We’ve got one.  The EFL have confirmed Percy’s ‘speculation’ above.
Title: Re: Tony’s Statement.
Post by: Duncan Shaw on June 13, 2018, 01:42:17 PM
Link?
Title: Re: Tony’s Statement.
Post by: kippaxvilla2 on June 13, 2018, 01:44:54 PM
EFL confirm talks with Aston Villa over club's cash crisis

Matt MaherLess than an hour ago

Villa owner Tony Xia
In a brief statement, the league confirmed they would be offering "practical assistance, where appropriate" as Villa look to fight their way through a financial storm.

A report in the Telegraph has claimed EFL chief executive Shaun Harvey is due to meet with club officials next week in order to get a clearer picture of their future plans.

The severe nature of Villa's financial plight came to light last week when it emerged they had been threatened with a winding-up order by HMRC, after missing a tax payment.

Their problems are also of huge concern to the EFL, with Villa due to pay several million pounds in transfer instalments to Championship rivals by the end of the month.

It is thought Harvey will request a business plan for next season and proof the club can fulfil its financial liabilities.

Villa's troubles, which have been caused by owner Tony Xia's struggles to effectively fund the club, came to a head after their failure to reach the Premier League.

Though Xia was able to reach agreement with HMRC to stave off the immediate threat of administration, it still remains unclear whether the club has the funds to meet its next payroll and tax payment, due on or around June 22.

In a boost, the club on Wednesday announced the extension of their sponsorship deal with the Kindred Group.

The deal will see online casino 32Red become Villa's principal partner, with Unibet continuing as their official partner.

The former, who previously sponsored the club between 2006 and 2008, will now appear on home and away shirts.

Villa’s chief commercial officer, Luke Organ, said: “We are thrilled to be partnered with Kindred Group once again this season in a wider and more targeted partnership.

Title: Re: Tony’s Statement.
Post by: Toronto Villa on June 13, 2018, 02:03:25 PM
The word shit is missing between financial and storm.
Title: Re: Tony’s Statement.
Post by: Ads on June 13, 2018, 02:23:50 PM
Reports yesterday said it's not that bad and that Mr Harvey will be visiting other clubs- for what end I am not entirely sure.
Title: Re: Tony’s Statement.
Post by: Toronto Villa on June 13, 2018, 02:41:47 PM
Reports yesterday said it's not that bad and that Mr Harvey will be visiting other clubs- for what end I am not entirely sure.

I sincerely hope that’s true. While not wishing to minimize any of this I do also wonder how much of this has been blown up or magnified due to 24/7 media and access to information? But either way the owner not being able to cover what should be basic financial responsibilities far outside of what we consider football related business like transfers is deeply concerning.
Title: Re: Tony’s Statement.
Post by: mr underhill on June 13, 2018, 03:27:58 PM
I 'm sure  I read something recently that suggested Forest were the only Championship club not running any debt
Title: Re: Tony’s Statement.
Post by: PeterWithe on June 13, 2018, 03:32:17 PM
Reports yesterday said it's not that bad and that Mr Harvey will be visiting other clubs- for what end I am not entirely sure.

See that's what I want to read more of, a bit of stiff upper lip from us all.

I think I might explode with joy if we turn it around next season and our young lads stick all the jibes right down the throat of everyone who has been taking the piss.
Title: Re: Tony’s Statement.
Post by: Proposition Joe on June 13, 2018, 04:00:51 PM

In a brief statement, the league confirmed they would be offering "practical assistance, where appropriate" as Villa look to fight their way through a financial storm.


If they want to be helpful, they can start by giving us a bye into the PL. Our fixtures for 18/19 will just be reclassified as friendlies.
Title: Re: Tony’s Statement.
Post by: jwarry on June 13, 2018, 06:15:32 PM

In a brief statement, the league confirmed they would be offering "practical assistance, where appropriate" as Villa look to fight their way through a financial storm.


If they want to be helpful, they can start by giving us a bye into the PL. Our fixtures for 18/19 will just be reclassified as friendlies.

Is that a proposition Joe?
Title: Re: Tony’s Statement.
Post by: Newby on June 13, 2018, 06:28:21 PM
I 'm sure  I read something recently that suggested Forest were the only Championship club not running any debt

Probably why they can afford 13 mill on a player! They will be strong next season.
Title: Re: Tony’s Statement.
Post by: Villafirst on June 13, 2018, 07:23:21 PM
When are the useless cowards that run this great club going to update the fans with a proper statement?? Pathetic!
Title: Re: Tony’s Statement.
Post by: frank black on June 13, 2018, 07:28:40 PM
Heads firmly in the sand I expect.
Title: Re: Tony’s Statement.
Post by: Rudy Can't Fail on June 13, 2018, 07:45:53 PM
Reports yesterday said it's not that bad and that Mr Harvey will be visiting other clubs- for what end I am not entirely sure.

See that's what I want to read more of, a bit of stiff upper lip from us all.

I think I might explode with joy if we turn it around next season and our young lads stick all the jibes right down the throat of everyone who has been taking the piss.

I think it's more to do with other Championship clubs we owe money to shitting it and asking the EFL to check everything is okay and they will get paid. Fair play to them, I'd hope we'd be doing the same if we were in their position.
Title: Re: Tony’s Statement.
Post by: paul_e on June 13, 2018, 07:49:00 PM
When are the useless cowards that run this great club going to update the fans with a proper statement?? Pathetic!

What do you want them to say though?  For me the only statement they need to make is on the manager, but only if they've made a decision.
Title: Re: Tony’s Statement.
Post by: Newby on June 13, 2018, 08:10:00 PM
When are the useless cowards that run this great club going to update the fans with a proper statement?? Pathetic!

What do you want them to say though?  For me the only statement they need to make is on the manager, but only if they've made a decision.

There's seriously nothing else that you would like to know Paul?  I find that very surprising as I'd like to put them under the microscope.
Title: Re: Tony’s Statement.
Post by: pauliewalnuts on June 13, 2018, 08:10:36 PM
When are the useless cowards that run this great club going to update the fans with a proper statement?? Pathetic!

What do you want them to say though?  For me the only statement they need to make is on the manager, but only if they've made a decision.

There's seriously nothing else that you would like to know Paul?  I find that very surprising as I'd like to put them under the microscope.

I'd like to put them under the fucking sea.
Title: Re: Tony’s Statement.8
Post by: Villafirst on June 13, 2018, 08:12:40 PM
When are the useless cowards that run this great club going to update the fans with a proper statement?? Pathetic!

What do you want them to say though?  For me the only statement they need to make is on the manager, but only if they've made a decision.

What about the state of the finances, players for sale, next tax payment due soon, will players be paid at the end of the month.....Shall I go on?
Title: Re: Tony’s Statement.
Post by: ChicagoLion on June 13, 2018, 08:14:12 PM
I would expect them to say that the Financial position of the club has been stabilized.
I can’t think why they haven’t announced this.
Title: Re: Tony’s Statement.
Post by: andyh on June 13, 2018, 08:14:32 PM
When are the useless cowards that run this great club going to update the fans with a proper statement?? Pathetic!

What do you want them to say though?  For me the only statement they need to make is on the manager, but only if they've made a decision.
Well, the club has been portrayed as going through a massive financial crisis.
It has been reported that we have missed paying a tax bill and face being wound up.
Our CEO or whatever his title is, has been sacked.
Our best player is courted by all and sundry.

Rather than conduct business through a few cryptic lines on social media or a couple of 2 line statements on the official site, don’t you think the owner of the club owes it to the fans to give a proper statement about the situation t(e club is in and more to the point, what is being done to rectify the situation and give us some positivity fior the coming season.

If we are all ‘part if the pride’ how about treating us as such, or is that only when it suits?

Title: Re: Tony’s Statement.
Post by: CT on June 13, 2018, 08:14:56 PM
When are the useless cowards that run this great club going to update the fans with a proper statement?? Pathetic!

What do you want them to say though?  For me the only statement they need to make is on the manager, but only if they've made a decision.

...and additionally, I'm unlikely to believe a word of any statement anyway.
Title: Re: Tony’s Statement.
Post by: Des Little on June 13, 2018, 08:26:48 PM
I have to agree, I have zero interest in seeing a statement from the circus running the club, because I wouldn’t trust or believe a word of it. Talk is very cheap.
Title: Re: Tony’s Statement.
Post by: andyh on June 13, 2018, 08:35:25 PM
But, if they put something out that explains the situation and shows that they believe they know what they are doing to get us back on track then that would be a start.

If people chose not to believe what was said, then that’s their prerogative.
Title: Re: Tony’s Statement.
Post by: amfy on June 14, 2018, 12:47:03 PM
The problem with sharing a plan may be the ability of others to undermine it as soon as they see it.

Sometimes it is best to try and keep things quiet. Everyone already thinks they can sign our best players for peanuts - what else do we want to tell them?

What we know is that there is a mess they're trying to clear up - I honestly don't know what more they can say. They are currently gradually creating an aura of it being solvable, which can only be good for us, & a detailed staement could derail that in any number of ways.

Right now the not knowing is hard, but I would rather they shut up and get on with it.
Title: Re: Tony’s Statement.
Post by: paul_e on June 14, 2018, 12:50:35 PM
The problem with sharing a plan may be the ability of others to undermine it as soon as they see it.

Sometimes it is best to try and keep things quiet. Everyone already thinks they can sign our best players for peanuts - what else do we want to tell them?

What we know is that there is a mess they're trying to clear up - I honestly don't know what more they can say. They are currently gradually creating an aura of it being solvable, which can only be good for us, & a detailed staement could derail that in any number of ways.

Right now the not knowing is hard, but I would rather they shut up and get on with it.

Yep, this is what i was getting at yesterday, The only thing I want them to announce is something about Bruce.  If he's staying then they need to come out and say as much and if he's going it needs to happen soon.
Title: Re: Tony’s Statement.
Post by: Chris Smith on June 14, 2018, 01:03:07 PM
You can guarantee if they published some sort of plan the immediate responses on here would include posts along the lines of “don’t tell me, show me”.
Title: Re: Tony’s Statement.
Post by: Clampy on June 14, 2018, 01:07:56 PM
I don't see the point in making a statement on Bruce's future. As we speak, he's our manager. If anything changes, we'll know about it.
Title: Re: Tony’s Statement.
Post by: eamonn on June 14, 2018, 01:13:36 PM
Have those filings to Companies House from last week about potential new investment been made available yet?
Title: Re: Tony’s Statement.
Post by: old man villa fan on June 14, 2018, 01:16:22 PM
I don't see the point in making a statement on Bruce's future. As we speak, he's our manager. If anything changes, we'll know about it.

The owner came out with a statement after the final with comments such as sustainable future etc. which would give rise to fans' thoughts on cost cutting and a change in strategy. The main costs are related to players and the coaching/management team, so an update on the statement to clarify the positions should be expected to stop rumours, particularly after the financial issues last week.
Title: Re: Tony’s Statement.
Post by: Clampy on June 14, 2018, 01:21:21 PM
I don't see the point in making a statement on Bruce's future. As we speak, he's our manager. If anything changes, we'll know about it.

The owner came out with a statement after the final with comments such as sustainable future etc. which would give rise to fans' thoughts on cost cutting and a change in strategy. The main costs are related to players and the coaching/management team, so an update on the statement to clarify the positions should be expected to stop rumours, particularly after the financial issues last week.

Some of the coaching team and players have gone anyway. If they're not making a change on the managerial front, then I don't see why they should come out and say it until the situation changes. Just my view anyway.
Title: Re: Tony’s Statement.
Post by: paul_e on June 14, 2018, 01:49:29 PM
I don't see the point in making a statement on Bruce's future. As we speak, he's our manager. If anything changes, we'll know about it.

The owner came out with a statement after the final with comments such as sustainable future etc. which would give rise to fans' thoughts on cost cutting and a change in strategy. The main costs are related to players and the coaching/management team, so an update on the statement to clarify the positions should be expected to stop rumours, particularly after the financial issues last week.

Some of the coaching team and players have gone anyway. If they're not making a change on the managerial front, then I don't see why they should come out and say it until the situation changes. Just my view anyway.

I did say (yesterday) that they only need to say something if they've made a decision and I stand by it, If he is going to leave they need to get on with it, if not I think it would be a good idea to come out with something because last time we had a 'will they, won't they' summer with a manager he ended up walking away 5 days before kick off.  My preference doesn't really matter but with the talk about Leeds and mention that he might walk away over the budget something should be said one way or the other before long.
Title: Re: Tony’s Statement.
Post by: Clark W Griswold on June 14, 2018, 01:59:48 PM
I think the general sweeping statement is 'finances have been in a mess to the point of us recently struggling to pay a bill which could have led to administration, we've sorted that problem and are now looking at ways to push the club forward from here'. I too fail to see any point in elaborating further at this stage and I'm taking it that they're 'on it'. There's obviously a lot of different things going on behind the scenes which are a work in progress. I'm happy to let them get on with it.
Title: Re: Tony’s Statement.
Post by: mr underhill on June 14, 2018, 04:00:01 PM
Tone must have found some coin behind one of the sofa's at Lee Ho Fook's  as Hutton's got a new deal, so that's positive, isn't it?
Title: Re: Tony’s Statement.
Post by: kippaxvilla2 on June 15, 2018, 12:29:04 AM
No.

John Percy
Aston Villa are under pressure to raise up to £50 million in player sales over the next two transfer windows, it can be revealed.

Villa manager Steve Bruce is facing the prospect of key stars including Jack Grealish, James Chester and Jonathan Kodjia being sold as the Championship club battle a financial crisis.

Grealish is a target for Tottenham Hotspur, as revealed by Telegraph Sport on June 7, and Mauricio Pochettino is set to test Villa’s resolve with an opening offer of £15m.

Chelsea and West Ham are also interested in the former England under-21 international, and it seems inevitable the homegrown attacker will be sold after Villa’s failure to beat Fulham in last month’s play-off final.

Despite Grealish’s reputation and undoubted ability, it is thought unlikely that Villa will get anywhere near their £40m valuation.

 Steve Bruce looks down
Bruce will lose some key players this summer Credit: Getty Images
Chester, the Wales international defender, is on the radar of Brighton and Stoke and could fetch up to £10m, while Ivory Coast international Kodjia is likely to be coveted by clubs across Europe.

It is understood Villa must bring in a minimum of £40m to ease their financial worries and comply with strict Financial Fair Play regulations for next year.

Villa’s wage bill has been already lowered to around £45m – from just over £60m – after the departure of skipper John Terry and loan players including Robert Snodgrass, Sam Johnstone, Lewis Grabban and Josh Onomah.

But there is still pressure to slash it even further and Villa’s technical director Steve Round was given the news in a meeting earlier this week.

 
Villa’s wage bill has been already lowered after the departure of skipper John Terry Credit: Getty Images
Bruce and Round have accepted the plans and are understood to be keen to stay on and rebuild the club ahead of next season. Some sources have even insisted that the financial picture was expected to be far bleaker.

The EFL will meet with Villa officials next week to discuss their plight and how they plan to operate ahead of their third season in the Championship. Dr Tony Xia, the club’s beleaguered owner, is reluctant to sell up and is exploring ways of sourcing investment.

There was one piece of positive news for Villa on Thursday, however, with defender Alan Hutton agreeing a new 12-month deal despite strong interest from Nottingham Forest.

Hutton has taken a significant pay cut to stay on at Villa, estimated to be £15,000 a week, in a welcome boost for Bruce.

Hutton said: “I’ve definitely found it tough since the Fulham defeat and it hurt me, its taken me time to get to terms with it.

“Everybody’s aim was to get promoted last season and we just faltered at the last step. But we have to look forward now and put it behind us.

“We’re definitely a Premier League team in my eyes and we will be pushing to do that next season. I’m delighted to stay here and I’ve got a special bond with the club.”
Title: Re: Tony’s Statement.
Post by: eamonn on June 15, 2018, 12:40:48 AM
Kippax, quote your sources!
Title: Re: Tony’s Statement.
Post by: David_Nab on June 15, 2018, 12:50:03 AM
So in theory ..

Xia puts 50 mil into club which we spend on players and wages
As our income is not this high this then counts as a loss so we then need to retrieve this spending by selling players ,so we bring in 50 mil from sales which has to cover to losses but Xia doesn't want it back does this mean we just sit here with 50 mil we can't spend ?
Title: Re: Tony’s Statement.
Post by: Rotterdam 82 on June 15, 2018, 12:55:02 AM
An interesting snippet from Daniel Ivery on SHA

"Meanwhile, In China...

Tony Xia has finally relinquished control of one of his listed companies, Recon Cable - and they've almost gone bust.

[finance.sina.com.cn]

House of cards falling apart... "

Title: Re: Tony’s Statement.
Post by: dave.woodhall on June 15, 2018, 12:56:42 AM
An interesting snippet from Daniel Ivery on SHA

"Meanwhile, In China...

Tony Xia has finally relinquished control of one of his listed companies, Recon Cable - and they've almost gone bust.

[finance.sina.com.cn]

House of cards falling apart... "



Not that they're in the slightest bit obsessed with us. Oh no.
Title: Re: Tony’s Statement.
Post by: Rotterdam 82 on June 15, 2018, 01:08:26 AM
There can be no doubt about their obsession but I have tremendous respect for Dan and his ability to report things from China that have generally proved to be accurate.
Title: Re: Tony’s Statement.
Post by: mr underhill on June 15, 2018, 07:27:18 AM
I'm in the 'don't ask me nothin' about nothin' - i might just tell you the truth' camp.
Title: Re: Tony’s Statement.
Post by: cheltenhamlion on June 15, 2018, 08:32:03 AM
Xia sold his stake in Recon to a family member some time back. 
Title: Re: Tony’s Statement.
Post by: pauliewalnuts on June 15, 2018, 08:53:36 AM
The only way to start to rebuild is going to be to get free of this chancer.

He is clearly not a billionaire by any stretch of the imagination.

I trust him about as far as I can throw him.
Title: Re: Tony’s Statement.
Post by: Ads on June 15, 2018, 09:07:03 AM
Why's he clearly not a billionaire?

Title: Re: Tony’s Statement.
Post by: Clark W Griswold on June 15, 2018, 09:23:18 AM
So Grealish, Kodjia and Chester should take care of most of that £50m. Leave the rest till Jan. Clutching at straws a bit here but Kodjia was barely involved last season, Grealish was only great from mid/end of Jan onwards. The loanees - Onomah was largely gash, Grabban only came in January, Tuenzebe hardly played, but obviously Johnstone and Snodgrass will be a miss along with Terry and Chester. I'm also thinking that the some of this £50m might be for reinvestment in new players (although probably not much), and we also have Hogan and Lansbury that we could sell. I think we'd need a GK, centre backs and a striker. Really clutching at straws but could McCormack and Richards finally start earning their money to cover 2 of those roles?
Title: Re: Tony’s Statement.
Post by: ajmant on June 15, 2018, 09:46:52 AM
In answer to that last point about Richards and McCormack. No
Title: Re: Tony’s Statement.
Post by: aj2k77 on June 15, 2018, 09:54:13 AM
So we are hoping that the players that have proven themselves to be shit or not give a fuck for 2 years become good and give a fuck and that Delboy Tony really is a billionaire?

Clutching at straws.

We need someone who can find a few gems, bargains and make good the youth. Sound like Steve Boof?
Title: Re: Tony’s Statement.
Post by: VinnieChase84 on June 15, 2018, 10:02:38 AM
The Percy article is sensationalism of the highest scale. He even tweeted after a figure of £40m and said that can be a mixture of sponsorship, saved wages, sell fee's.
Does sound as dramatic though does it. Unfortunately Villa in crisis is all they want to peddle.

We are a massive target for the media and let's be honest, not a single one of them knows sod all.
Title: Re: Tony’s Statement.
Post by: frank black on June 15, 2018, 10:28:40 AM
The Percy article is sensationalism of the highest scale. He even tweeted after a figure of £40m and said that can be a mixture of sponsorship, saved wages, sell fee's.
Does sound as dramatic though does it. Unfortunately Villa in crisis is all they want to peddle.

We are a massive target for the media and let's be honest, not a single one of them knows sod all.

Typical press, smidgen of truth packed/filled with made up stuff.
Title: Re: Tony’s Statement.
Post by: Chico Hamilton III on June 15, 2018, 10:55:58 AM
The Percy article is sensationalism of the highest scale. He even tweeted after a figure of £40m and said that can be a mixture of sponsorship, saved wages, sell fee's.
Does sound as dramatic though does it. Unfortunately Villa in crisis is all they want to peddle.

We are a massive target for the media and let's be honest, not a single one of them knows sod all.

I’m not sure that the media are having a field day, certainly not the national media. Maybe it’s the World Cup but I don’t see our plight plastered all over the media. Maybe if/when we miss another payment it might gain some momentum but I think we’ve been treated fairly leniently by the press. In fact, I’m disappointed that nobody seems to be investigating Xia’s background a bit more.
Title: Re: Tony’s Statement.
Post by: paul_e on June 15, 2018, 10:57:57 AM
The Percy article is sensationalism of the highest scale. He even tweeted after a figure of £40m and said that can be a mixture of sponsorship, saved wages, sell fee's.
Does sound as dramatic though does it. Unfortunately Villa in crisis is all they want to peddle.

We are a massive target for the media and let's be honest, not a single one of them knows sod all.

Of course it is, it's actually just a rehash of the £40m FFP stuff from a couple of weeks back with no extra info.
Title: Re: Tony’s Statement.
Post by: Ads on June 15, 2018, 12:28:16 PM
You mean the story hasn't moved on?! Well I am shocked.
Title: Re: Tony’s Statement.
Post by: paul_e on June 15, 2018, 12:45:26 PM
You mean the story hasn't moved on?! Well I am shocked.

That's the thing though, the way some people (not so much on here actually) have reacted to this is as if it's something brand new and yet more bad news.
Title: Re: Tony’s Statement.
Post by: john e on June 15, 2018, 12:53:39 PM
The Percy article is sensationalism of the highest scale. He even tweeted after a figure of £40m and said that can be a mixture of sponsorship, saved wages, sell fee's.
Does sound as dramatic though does it. Unfortunately Villa in crisis is all they want to peddle.

We are a massive target for the media and let's be honest, not a single one of them knows sod all.

I’m not sure that the media are having a field day, certainly not the national media. Maybe it’s the World Cup but I don’t see our plight plastered all over the media. Maybe if/when we miss another payment it might gain some momentum but I think we’ve been treated fairly leniently by the press. In fact, I’m disappointed that nobody seems to be investigating Xia’s background a bit more.

I agree
we like to think we are still important and interesting nationaly
but in truth no one gives a flying fuck about the Villa anymore apart from the local neighbors and a few geordies
Title: Re: Tony’s Statement.
Post by: Toronto Villa on June 15, 2018, 01:11:44 PM
The Percy article is sensationalism of the highest scale. He even tweeted after a figure of £40m and said that can be a mixture of sponsorship, saved wages, sell fee's.
Does sound as dramatic though does it. Unfortunately Villa in crisis is all they want to peddle.

We are a massive target for the media and let's be honest, not a single one of them knows sod all.

I’m not sure that the media are having a field day, certainly not the national media. Maybe it’s the World Cup but I don’t see our plight plastered all over the media. Maybe if/when we miss another payment it might gain some momentum but I think we’ve been treated fairly leniently by the press. In fact, I’m disappointed that nobody seems to be investigating Xia’s background a bit more.

I agree
we like to think we are still important and interesting nationaly
but in truth no one gives a flying fuck about the Villa anymore apart from the local neighbors and a few geordies


I said that when we went down. That there would be a ripple caused by the actual event and stories told of our decline. But ultimately we are but a blip on a radar dominated by the next Chelsea or Man City or Arsenal transfer or “crisis”.
Title: Re: Tony’s Statement.
Post by: brian green on June 15, 2018, 01:27:28 PM
The days of newspapers is over.  Radio and television is not far behind.  This is where opinion is formed, evaluated and acted upon, the social media.   I am a complete museum piece but even I can find out what is really happening with this thing I have between my legs.

Stop sniggering at the back.  I mean my tablet.  My Gary Abblett.
Title: Re: Tony’s Statement.
Post by: Rudy Can't Fail on June 15, 2018, 03:43:57 PM
Why's he clearly not a billionaire?

Because he's only got £900,000,000.*

*Birmingham Post Rich List
Title: Re: Tony’s Statement.
Post by: old man villa fan on June 15, 2018, 04:03:39 PM
Why's he clearly not a billionaire?

Because he's only got £900,000,000.*

*Birmingham Post Rich List

$
Title: Re: Tony’s Statement.
Post by: Rudy Can't Fail on June 15, 2018, 05:04:21 PM
Why's he clearly not a billionaire?

Because he's only got £900,000,000.*

*Birmingham Post Rich List

$

No, GBP. Saying that, they've listed him this year at £1bn so maybe for once Ads is right.
The Meaning Evil this week says he's only worth £990m so Ads could be back to his usual form.

What I will say is I'm still struggling to see or find any evidence to back up his wealth.
Title: Re: Tony’s Statement.
Post by: SashasGrandad on June 15, 2018, 05:09:05 PM
The days of newspapers is over.  Radio and television is not far behind.  This is where opinion is formed, evaluated and acted upon, the social media.   I am a complete museum piece but even I can find out what is really happening with this thing I have between my legs.

Stop sniggering at the back.  I mean my tablet.  My Gary Abblett.

Not your Farmer Giles
Title: Re: Tony’s Statement.
Post by: old man villa fan on June 15, 2018, 05:18:41 PM
Why's he clearly not a billionaire?

Because he's only got £900,000,000.*

*Birmingham Post Rich List

$

No, GBP. Saying that, they've listed him this year at £1bn so maybe for once Ads is right.
The Meaning Evil this week says he's only worth £990m so Ads could be back to his usual form.

What I will say is I'm still struggling to see or find any evidence to back up his wealth.

There was no currency defined in the original comments. He is a billionaire somewhere, even it is in yuan (God help us if it is).

PS my comment was a light-hearted response.
Title: Re: Tony’s Statement.
Post by: ChicagoLion on June 15, 2018, 05:30:41 PM
Why's he clearly not a billionaire?

Because he's only got £900,000,000.*

*Birmingham Post Rich List

$

No, GBP. Saying that, they've listed him this year at £1bn so maybe for once Ads is right.
The Meaning Evil this week says he's only worth £990m so Ads could be back to his usual form.

What I will say is I'm still struggling to see or find any evidence to back up his wealth.
And you won’t, there is no disclosure requirement in China, I find it hard to understand that someone with the resources of a Billionare would allow his most High Profile business to have a winding up petition slapped on it by the UK Government.
Title: Re: Tony’s Statement.
Post by: Rudy Can't Fail on June 15, 2018, 05:32:40 PM
Why's he clearly not a billionaire?

Because he's only got £900,000,000.*

*Birmingham Post Rich List

$

No, GBP. Saying that, they've listed him this year at £1bn so maybe for once Ads is right.
The Meaning Evil this week says he's only worth £990m so Ads could be back to his usual form.

What I will say is I'm still struggling to see or find any evidence to back up his wealth.

There was no currency defined in the original comments. He is a billionaire somewhere, even it is in yuan (God help us if it is).

Fear not, I'm a multi-billionaire* and can throw a few quid at the club should Xia fall short.



* in Venezuela
Title: Re: Tony’s Statement.
Post by: stuart445 on June 15, 2018, 06:34:51 PM
An interesting snippet from Daniel Ivery on SHA

"Meanwhile, In China...

Tony Xia has finally relinquished control of one of his listed companies, Recon Cable - and they've almost gone bust.

[finance.sina.com.cn]

House of cards falling apart... "

As the saying goes, If you want to know what's going on at Aston Villa ask a Birmingham City fan.
Title: Re: Tony’s Statement.
Post by: kippaxvilla2 on June 15, 2018, 06:40:57 PM
Love that.
Title: Re: Tony’s Statement.
Post by: eamonn on June 15, 2018, 08:45:55 PM
The days of newspapers is over.  Radio and television is not far behind.  This is where opinion is formed, evaluated and acted upon, the social media.   I am a complete museum piece but even I can find out what is really happening with this thing I have between my legs.

Stop sniggering at the back.  I mean my tablet.  My Gary Abblett.

I thought you were describing a dongle.
Title: Re: Tony’s Statement.
Post by: Tayls_7 on June 15, 2018, 10:23:30 PM
The days of newspapers is over.  Radio and television is not far behind.  This is where opinion is formed, evaluated and acted upon, the social media.   I am a complete museum piece but even I can find out what is really happening with this thing I have between my legs.

Stop sniggering at the back.  I mean my tablet.  My Gary Abblett.

I thought you were describing a dongle.

Brian is probably right but all the old twats wandering out of my local Lincolnshire village shop clutching their Daily Mails seem to have honoured the tabloid with a final devoted hurrah. Gary Ablett, a poor substitute.
Title: Re: Tony’s Statement.
Post by: Stu on June 16, 2018, 09:30:52 AM
Tone is issuing new shares, right? Can we buy them, or is the idea that he buys them all?

I want Villa shares again.
Title: Re: Tony’s Statement.
Post by: Clampy on June 16, 2018, 09:31:42 AM
I'd have thought the daily papers still sell. Radio and TV will be around for a long time yet.

I'm surprised people still buy the likes of the Meaning Evil and Express and Star though.
Title: Re: Tony’s Statement.
Post by: mr underhill on June 16, 2018, 09:36:08 AM
since subscribing to Netflix, Amazon and Now TV, whilst ditching Sky, I'm still quids up , have great viewing whenever I want and  seldom watch BBC or ITV now. Which is an added bonus, even though I have to pay for it - the BBC that is
Title: Re: Tony’s Statement.
Post by: Stu on June 16, 2018, 09:38:58 AM
I'd have thought the daily papers still sell. Radio and TV will be around for a long time yet.

I'm surprised people still buy the likes of the Meaning Evil and Express and Star though.

National papers still sell because, I think, people like artefacts. See the re-emergence of double-sleeved vinyl albums for example, or the increase in physical book sales.

With TV, however, it's on its way out. Younger members of my family don't watch tv like we did growing up - all sat around on a Sunday night watching Quantum Leap or something. They consume tv through their laptops/phones/tablets using on demand systems like Netflix, iplayer, Prime, and so on. The only time people across generations gather to watch the telly now is when there are sporting events on.
Title: Re: Tony’s Statement.
Post by: john e on June 16, 2018, 09:53:58 AM
I'd have thought the daily papers still sell. Radio and TV will be around for a long time yet.

I'm surprised people still buy the likes of the Meaning Evil and Express and Star though.

National papers still sell because, I think, people like artefacts. See the re-emergence of double-sleeved vinyl albums for example, or the increase in physical book sales.

With TV, however, it's on its way out. Younger members of my family don't watch tv like we did growing up - all sat around on a Sunday night watching Quantum Leap or something. They consume tv through their laptops/phones/tablets using on demand systems like Netflix, iplayer, Prime, and so on. The only time people across generations gather to watch the telly now is when there are sporting events on.

the problem is the kids today arnt watching enough telly

my kids spend so much time gaming and on you tube or whatever that I have to shout
 ‘isn’t it about time you watched a tv programme’

They don’t know ther born
Title: Re: Tony’s Statement.
Post by: kippaxvilla2 on June 16, 2018, 10:18:45 AM
Sky Sports' Johnny Phillips: Two years on, just who is Tony Xia?

Johnny Phillips4 hours ago

Dr Tony Xia
Who is Dr Tony Xia?

There are plenty of known and assumed details about the man at the helm of this great club, but there are just as many, if not more, unknowns. Supporters are no wiser today about the man who owns Villa than they were when he purchased the club two summers ago.

Put simply, there is no way of verifying Dr Xia’s true worth or his intentions. Back in the summer of 2016 he was famously asked whether or not he was a dollar billionaire.

“I think it’s rather more than that,” was the confident reply.

Yet somehow Dr Xia had gone completely under the radar in his home country, to the extent that nobody in the Chinese business media knew who he was. It is virtually impossible for British journalists to dig into that opaque world, but even the country’s own media have struggled.

Last week SupChina, a leading Chinese business analysis website, reported that Xia has been associated with three main companies – the Shanghai-listed Lotus, which manufactures food supplement MSG, Teamax, a smart city planning and construction firm, and cable manufacturer Recon.

“Lotus has been losing money consistently for the past 15 years, with those in charge blaming old equipment and too many employees,” they reported.

“Xia sold his 18.8 per cent holding in Recon earlier this year, shortly before the stock went into freefall losing more than half its value in a number of weeks. The current boss is listed as Xia Jianjun, rumoured to be his brother, not Tony himself.

“As for Teamax, Xia said he sold it for hundreds of millions of dollars prior to buying Aston Villa in May 2016. In true China fashion, however, it’s virtually impossible to check who Xia really is and how many companies he effectively controls.”

Getting beyond such a basic analysis is difficult.

Those that suggest Dr Xia’s main problem is getting money out of the country are ignoring the fact that capital controls in China have been loosened, not tightened, in recent months. Again, SupChina confirmed this.

“Foreign exchange reserves have been increasing, so the People’s Bank of China has allowed more money to flow outside the country,” they said.

Communication is hugely important at times such as this. Dr Xia has engaged supporters via Twitter throughout his tenure.


Xia has had a big impact since coming in as owner, but promotion has eluded him and Villa.That has seen the likes of Roberto Di Matteo and Keith Wyness leave the club under the Chinese boss.
The merits of club owners using this platform can be debated, but it at least maintained a line of communication, even if most were no wiser about the man doing the tweeting. Twitter is no place to be informing fans of what is going on now, though, a more substantial presence is required.

So what are fans to make of reports that Tuesday’s meeting with senior members of the board, including chief commercial officer Luke Organ and executive assistant Rongtian He, was held via a conference call with Dr Xia?

What message does that send out, that these incredibly important talks are only worthy of a conference call?

Villa supporters have had a torrid few years, but it should never have come to this. When Dr Xia strode out across the pitch to greet the fans ahead of the Championship clash with Rotherham in August 2016 he must have realised how fortunate he was to be here.

After a hopeless attempt to avoid relegation from the Premier League that should have been enough to make even the most ardent supporter think twice about putting any more money into the club’s coffers, the fans still turned out in numbers. Well over 30,000 were prepared to give the team another chance. Against Rotherham.

Before a ball was kicked, the team was cheered to the rafters and the atmosphere inside the ground was fantastic that afternoon. Dr Xia got a rapturous reception when he took to the pitch beforehand.

The players responded too, with a superb performance that showed there was enough in the ranks, even back then, to mount a genuine promotion challenge.

Despite the last years of Randy Lerner’s ownership and the relegation, the club were still in relative good health. There was the opportunity to build on the solid foundations of a great stadium, fantastic training ground, Premier League parachute payments and a huge and loyal support. To gamble the whole future on an all-or-nothing return to the Premier League this season did not make sense. It was kid in a sweet shop stuff.

It is not too late, though. After everything that has gone on, Dr Xia still has time to turn all this around and come out on top.

Can this be the time that supporters finally get to discover who the man at the helm really is?

The EFL have met with the club to thrash out a way forward. Here is the opportunity for transparency and progress. This is not just about a missed tax payment or a one-off cash flow problem.

Supporters are concerned about the fabric of the club’s existence; how it is being run and where it is being run from.

As each day goes by fans are left wondering what bombshell they will be hit with next.

It doesn’t have to be this way and they deserve so much better. Dr Xia has one more chance to show his true colours.
Title: Re: Tony’s Statement.
Post by: brian green on June 16, 2018, 10:25:07 AM
What is taking the place of mass audience newspapers and mass audience TV channels is personal connection to events through mobile electronic devices.  On this forum alone there are dozens of sources of information to access as a faster and reliable alternative to books, papers or television programmes.  My views, for example about Brexit have been shaped far more by H and V Off Topic than by mass media.  Everything is becoming more personal. 
Title: Re: Tony’s Statement.
Post by: Clark W Griswold on June 16, 2018, 10:45:29 AM
Newspapers still sell because they don't have a battery and you don't have to be connected to the internet to use them. They also have no glare and less intrusive adverts. I don't buy them often but if I do it tends to be the Independant or Times, in which I don't detect a clear political stance as this gets on my tits, a bit like some of the posts on here. And the tabloids that just talk about reality TV, I wouldn't wipe my arse on.
Title: Re: Tony’s Statement.
Post by: Big Dick Edwards on June 16, 2018, 11:24:26 AM
I still like reading a quality newspaper but modern technology renders them yesterdays news.
Title: Re: Tony’s Statement.
Post by: Villafirst on June 16, 2018, 12:00:41 PM
Can't Xia sell 30% of his ownership in the form of a share issue to the fans to raise money. I had Villa shares until that shyster Lerner bought them all up in his purchase of the club in 2006. I'd like to be a shareholder again.
Title: Re: Tony’s Statement.
Post by: ronshirt on June 16, 2018, 12:06:06 PM
I have no faith in Xia. None whatsoever. I can't imagine he bought the club as a vanity project. So how did he think he was going to make money?
Title: Re: Tony’s Statement.
Post by: Mister E on June 16, 2018, 12:18:23 PM
I have no faith in Xia. None whatsoever.
It's easy to arrive at that conclusion after recent events, Ron; not many would disagree.

I can't imagine he bought the club as a vanity project.
Why not? - with vast amounts of money, or delusion, it's easy to see a football club as just another fashion accoutrement.

So how did he think he was going to make money?
Promotion before the parachute payments run out and the cash-heaven of the Prem.
Title: Re: Tony’s Statement.
Post by: Villafirst on June 16, 2018, 12:42:00 PM
It's clear Xia is a chancer with no money left....
Title: Re: Tony’s Statement.
Post by: VinnieChase84 on June 16, 2018, 12:56:45 PM
It's clear Xia is a chancer with no money left....

Agree. All he’s done is forward spunk our parachute money. That’s it.
Title: Re: Tony’s Statement.
Post by: Sexual Ealing on June 16, 2018, 01:07:58 PM
Newspapers still sell because they don't have a battery and you don't have to be connected to the internet to use them. They also have no glare and less intrusive adverts. I don't buy them often but if I do it tends to be the Independant or Times, in which I don't detect a clear political stance as this gets on my tits, a bit like some of the posts on here. And the tabloids that just talk about reality TV, I wouldn't wipe my arse on.

You clearly don’t buy one very often. The last print edition of The Independent came out more than two years ago!
Title: Re: Tony’s Statement.
Post by: Toronto Villa on June 16, 2018, 01:10:36 PM
I find it a bit funny though that had we won the game a couple of weeks ago none of these sentiments about the owner would be voiced. I put that firmly at the door of the manager who was afforded immense resources and assets, more than enough relative to the vast majority of our competition to get us promoted across two seasons and failed.
Title: Re: Tony’s Statement.
Post by: IFWaters on June 16, 2018, 01:31:58 PM
Ive had a look around the Recon website.

I'm just going to point out some facts, no personal opinion.

The last corporate news article was 18 months ago. There was a flurry then, and then nothing for 18 months.

There are real pictures of action at Villa Park and of Dr Xia meeting other people at 3rd party events or news conferences. There are no profiles of anyone but Tony. No real pictures of anyone else on the management team and of group facilities (eg industrial facilities). There are lots of stock pictures of skyscrapers, meeting rooms and people who look like models with overtly white teeth chatting on mobile phones etc.

The company profile mentions owning 5 businesses with 35,000 employees as a 'conglomerate'. As a comparison Jaguar Land Rover has 37,000. You would expect a business of this size to have a significant 'Corporate Centre' aka head office with all that goes with running such a large enterprise.

The company address is :

Add:19F, Tower D, Vantone Center, Chaowai Avenue, Chaoyang District, Beijing

I take that as 19th Floor of that tower block.

I would be interested to know if its the whole 19th floor, or thats the floor for media comms etc of multiple floors (eg Regus temporary office space on the 26th floor). Or is it just part of the 19th floor ?

I understand the chinese system is different when it comes to Corporate transparency, but it would be helpful to know more.
Title: Re: Tony’s Statement.
Post by: kippaxvilla2 on June 16, 2018, 01:59:59 PM
And then you read this which seems to support his claims of wealth.

https://www.google.com/amp/s/www.hollywoodreporter.com/amp/news/chinas-recon-group-acquires-51-percent-millennium-films-official-978969?source=images
Title: Re: Tony’s Statement.
Post by: kippaxvilla2 on June 16, 2018, 02:01:22 PM
But then this.

https://uk.mobile.reuters.com/article/amp/idUKKCN1BB0KV
Title: Re: Tony’s Statement.
Post by: Villafirst on June 16, 2018, 02:03:12 PM
And then you read this which seems to support his claims of wealth.

https://www.google.com/amp/s/www.hollywoodreporter.com/amp/news/chinas-recon-group-acquires-51-percent-millennium-films-official-978969?source=images

Then why were the club scraping around the back of the sofa to pay the last tax bill?
Title: Re: Tony’s Statement.
Post by: kippaxvilla2 on June 16, 2018, 02:13:04 PM
I know I’m not saying I believe it.  It’s all very odd though.
Title: Re: Tony’s Statement.
Post by: TheMalandro on June 16, 2018, 02:16:48 PM
But then this.

https://uk.mobile.reuters.com/article/amp/idUKKCN1BB0KV

It's even still on the Recon site that they've acquired 51% of the film company, although that could be an oversight, as it's the English edition.

The stupid tweets, running on the pitch, shit shoes, panic stricken face after the playoff final, the late tax payments, selling future transfer fees and the Wyness resignation.

If it smells dodgy, it usually is. Phoney Tony.
Title: Re: Tony’s Statement.
Post by: TheMalandro on June 16, 2018, 02:26:39 PM
The early Forbes article on the possible takeover is worth reading:

https://www.forbes.com/sites/mikeozanian/2016/05/24/aston-villa-and-tony-xia-are-looking-like-ac-milan-with-mr-bee/#3e0315bc59dd
Title: Re: Tony’s Statement.
Post by: pauliewalnuts on June 16, 2018, 02:34:23 PM
Billionaires do not fail to make month-end PAYE payments.

Then there's this article, which points out that Chinese currency controls are getting loser, not tighter.

https://supchina.com/2018/06/09/the-decline-of-aston-villa-under-its-enigmatic-chinese-owner/

There were those of us who were suspicious of his wealth when he rocked up, and unfortunately, it's hard to see how, with the club linked with threats of winding up orders, he can possibly have the wealth he claims he has.

We are in financial meltdown, if Xia was anywhere near as wealthy as some seem to think he is, we wouldn't have got anywhere near this utter mess.
Title: Re: Tony’s Statement.
Post by: VinnieChase84 on June 16, 2018, 02:56:23 PM
Billionaires do not fail to make month-end PAYE payments.

Then there's this article, which points out that Chinese currency controls are getting loser, not tighter.

https://supchina.com/2018/06/09/the-decline-of-aston-villa-under-its-enigmatic-chinese-owner/

There were those of us who were suspicious of his wealth when he rocked up, and unfortunately, it's hard to see how, with the club linked with threats of winding up orders, he can possibly have the wealth he claims he has.

We are in financial meltdown, if Xia was anywhere near as wealthy as some seem to think he is, we wouldn't have got anywhere near this utter mess.

Spot on. He is an absolute fraud. A billionaire with shit shoes, suits that don’t fit and using Uber..... 🤔
Title: Re: Tony’s Statement.
Post by: kippaxvilla2 on June 16, 2018, 02:58:45 PM
Only we could out Carson Carson.
Title: Re: Tony’s Statement.
Post by: Toronto Villa on June 16, 2018, 03:40:55 PM
Only we could out Carson Carson.

Did I miss Xia going to jail for criminal activity? Because if he’s a free man we haven’t come close to having an owner like that lot.
Title: Re: Tony’s Statement.
Post by: Mister E on June 16, 2018, 04:03:31 PM
Only we could out Carson Carson.
Bizarre comment, really.
Title: Re: Tony’s Statement.
Post by: Rudy Can't Fail on June 16, 2018, 04:44:21 PM
The company address is :

Add:19F, Tower D, Vantone Center, Chaowai Avenue, Chaoyang District, Beijing

I take that as 19th Floor of that tower block.

I would be interested to know if its the whole 19th floor, or thats the floor for media comms etc of multiple floors (eg Regus temporary office space on the 26th floor). Or is it just part of the 19th floor ?

It appears they share the 19th Floor with others. The SMI Corporation Ltd also use it as their address, at least since 2014. They are listed as 'privately owned film producers (partial) and mention The Last Supper and The Guillotines as 'Representative Films Co-produced'.


There's a lot of Regus type office space for rent in the building but that's pretty much as you'd expect.
Title: Re: Tony’s Statement.
Post by: ronshirt on June 16, 2018, 05:21:41 PM
From the Mail on Sunday 22 May 2016:

http://www.dailymail.co.uk/sport/football/article-3602825/Saviour-dreamer-Sportsmail-talks-Aston-Villa-s-owner-waiting-Dr-Tony-Xia.html

The long-term plan include a football museum and theme park to attract football tourists from China and India, and the recruitment of young Chinese players to Villa’s academy, if not as formal scholars then on exchange programmes.

'I appreciate it’s a big deal for Villa fans,’ he says. ‘But actually in pure business terms, I’m working on acquisitions much bigger than this.’ He says, for example, that within months he will complete a $3.5bn takeover of a US logistics firm.

Xia says he will spend a lot of time in Birmingham over the next year, buying a house for himself and his wife Sally and daughter Charlotte [...]

Title: Re: Tony’s Statement.
Post by: The Edge on June 16, 2018, 05:41:09 PM
An interesting snippet from Daniel Ivery on SHA

"Meanwhile, In China...

Tony Xia has finally relinquished control of one of his listed companies, Recon Cable - and they've almost gone bust.

[finance.sina.com.cn]

House of cards falling apart... "

As the saying goes, If you want to know what's going on at Aston Villa ask a Birmingham City fan.
Nice. I'll be using that
Title: Re: Tony’s Statement.
Post by: Tayls_7 on June 16, 2018, 05:43:18 PM
From the Mail on Sunday 22 May 2016:

http://www.dailymail.co.uk/sport/football/article-3602825/Saviour-dreamer-Sportsmail-talks-Aston-Villa-s-owner-waiting-Dr-Tony-Xia.html

The long-term plan include a football museum and theme park to attract football tourists from China and India, and the recruitment of young Chinese players to Villa’s academy, if not as formal scholars then on exchange programmes.

'I appreciate it’s a big deal for Villa fans,’ he says. ‘But actually in pure business terms, I’m working on acquisitions much bigger than this.’ He says, for example, that within months he will complete a $3.5bn takeover of a US logistics firm.

Xia says he will spend a lot of time in Birmingham over the next year, buying a house for himself and his wife Sally and daughter Charlotte [...]


Blimey, that's unfortunate. I hope he has pet names for them.
Title: Re: Tony’s Statement.
Post by: ChicagoLion on June 16, 2018, 05:46:09 PM
From the Mail on Sunday 22 May 2016:

http://www.dailymail.co.uk/sport/football/article-3602825/Saviour-dreamer-Sportsmail-talks-Aston-Villa-s-owner-waiting-Dr-Tony-Xia.html

The long-term plan include a football museum and theme park to attract football tourists from China and India, and the recruitment of young Chinese players to Villa’s academy, if not as formal scholars then on exchange programmes.

'I appreciate it’s a big deal for Villa fans,’ he says. ‘But actually in pure business terms, I’m working on acquisitions much bigger than this.’ He says, for example, that within months he will complete a $3.5bn takeover of a US logistics firm.

Xia says he will spend a lot of time in Birmingham over the next year, buying a house for himself and his wife Sally and daughter Charlotte [...]

And how have Sally and Charlotte settled in?
Title: Re: Tony’s Statement.
Post by: IFWaters on June 16, 2018, 06:18:25 PM
The company address is :

Add:19F, Tower D, Vantone Center, Chaowai Avenue, Chaoyang District, Beijing

I take that as 19th Floor of that tower block.

I would be interested to know if its the whole 19th floor, or thats the floor for media comms etc of multiple floors (eg Regus temporary office space on the 26th floor). Or is it just part of the 19th floor ?

It appears they share the 19th Floor with others. The SMI Corporation Ltd also use it as their address, at least since 2014. They are listed as 'privately owned film producers (partial) and mention The Last Supper and The Guillotines as 'Representative Films Co-produced'.


There's a lot of Regus type office space for rent in the building but that's pretty much as you'd expect.
The description of Recon as a 'conglomerate' with 5 businesses and 35,000 employees doesnt ring true. In fact, I think the FT reported at the time of the takeover that the description had removed the reference to 5 businesses. It feels at best that Recon looks like a holding company or investment vehicle to manage investments in a business or businesses that run themselves. I dont think there is any doubt that Xia has considerable experience in property development and real estate - that is what his background is, but I just dont see the 'synergy' of a conglomerate that does that, owns Aston Villa, does or doesnt own part of a film company, and owns a manufacturer of mono-sodium glutemate. Again, it would be good to have more public knowledge of where Villa fits into an overall strategy for his firm or his portfolio of holdings.

I wouldnt even mind if Xia came out and said, I bought it to return it to the Premier League, sell it and make a bucket. Fair play, and we couldnt moan as we as fans would get what we want.

I cant fault what Xia has done in the 2 years he has owned our club, he has bought in a European Cup winning manager, poured millions on his recommendation into buying a mix of young players with potential and proven championship scorers, then invested again with a new manager with an excellent promotion record in older proven players and leadership. He cannot be criticised for not backing his managers, but has the funding of all this now become more difficult.

The final thing I would like to know, why did Mervyn King and David Bernstein resign from the Villa board on April 18th 2016 only a few weeks before Xia took over the club ?
Title: Re: Tony’s Statement.
Post by: VinnieChase84 on June 16, 2018, 06:37:33 PM
The company address is :

Add:19F, Tower D, Vantone Center, Chaowai Avenue, Chaoyang District, Beijing

I take that as 19th Floor of that tower block.

I would be interested to know if its the whole 19th floor, or thats the floor for media comms etc of multiple floors (eg Regus temporary office space on the 26th floor). Or is it just part of the 19th floor ?

It appears they share the 19th Floor with others. The SMI Corporation Ltd also use it as their address, at least since 2014. They are listed as 'privately owned film producers (partial) and mention The Last Supper and The Guillotines as 'Representative Films Co-produced'.


There's a lot of Regus type office space for rent in the building but that's pretty much as you'd expect.
The description of Recon as a 'conglomerate' with 5 businesses and 35,000 employees doesnt ring true. In fact, I think the FT reported at the time of the takeover that the description had removed the reference to 5 businesses. It feels at best that Recon looks like a holding company or investment vehicle to manage investments in a business or businesses that run themselves. I dont think there is any doubt that Xia has considerable experience in property development and real estate - that is what his background is, but I just dont see the 'synergy' of a conglomerate that does that, owns Aston Villa, does or doesnt own part of a film company, and owns a manufacturer of mono-sodium glutemate. Again, it would be good to have more public knowledge of where Villa fits into an overall strategy for his firm or his portfolio of holdings.

I wouldnt even mind if Xia came out and said, I bought it to return it to the Premier League, sell it and make a bucket. Fair play, and we couldnt moan as we as fans would get what we want.

I cant fault what Xia has done in the 2 years he has owned our club, he has bought in a European Cup winning manager, poured millions on his recommendation into buying a mix of young players with potential and proven championship scorers, then invested again with a new manager with an excellent promotion record in older proven players and leadership. He cannot be criticised for not backing his managers, but has the funding of all this now become more difficult.

The final thing I would like to know, why did Mervyn King and David Bernstein resign from the Villa board on April 18th 2016 only a few weeks before Xia took over the club ?

It’s been widely speculated that King and Bernstein did not want the association to Samuelson, Bamfil, Wyness and Xia
Title: Re: Tony’s Statement.
Post by: Ads on June 16, 2018, 06:52:33 PM
Speculated wildly and inaccurately. They did one as Randy got hammered and insulted them.
Title: Re: Tony’s Statement.
Post by: Mister E on June 16, 2018, 07:14:31 PM

The final thing I would like to know, why did Mervyn King and David Bernstein resign from the Villa board on April 18th 2016 only a few weeks before Xia took over the club ?
Funny, that thought came to me the other day.
They certainly made themselves scarce and have been pretty quiet since.
At the time, I thought their association presaged the arrival of a secure and respectable owner that would be the start of a new era. So did they 'do one' because of the old owner's behaviour or the new one's lack of substance?
Title: Re: Tony’s Statement.
Post by: VinnieChase84 on June 16, 2018, 07:17:06 PM
Speculated wildly and inaccurately. They did one as Randy got hammered and insulted them.

Was that the final straw? Apologies if it’s been covered but what exactly did Randy do?
Title: Re: Tony’s Statement.
Post by: kippaxvilla2 on June 16, 2018, 07:49:51 PM
Got inebriated and insulted them over the phone.
Title: Re: Tony’s Statement.
Post by: TheMalandro on June 16, 2018, 08:00:29 PM
Got inebriated and insulted them over the phone.

Is this how it ends with Billionaire owners?
Hope so.

Title: Re: Tony’s Statement.
Post by: achilles on June 16, 2018, 08:02:59 PM
Got inebriated and insulted them over the phone.

Can't believe it was that, just say 'silly twat' and put the phone down!
Wish King and Bernstein would come back, probably too honest for our lot!
Title: Re: Tony’s Statement.
Post by: Ads on June 16, 2018, 08:08:40 PM
That's what King said was the reason.
Title: Re: Tony’s Statement.
Post by: PeterWithesShin on June 16, 2018, 08:39:00 PM
Xia has obviously had access to some decent money, he's spent between £100-150m on us, I don't know many chancers/shysters that have that kind of cash. When using those terms I think of someone like Knighton when he wanted to buy Man Utd and it turned out he could only afford Carlisle. Where the Xia money came from, and if there's any left, is another matter.

As an aside, it's some achievement that between Lerner and Xia are two to three hundred million out of pocket from owning Villa, and ave somehow turned us into a second division side that apparently can't pay it's bills on time. It's almost impressive in its levels of incompetence.
Title: Re: Tony’s Statement.
Post by: achilles on June 16, 2018, 09:04:17 PM
Xia has obviously had access to some decent money, he's spent between £100-150m on us, I don't know many chancers/shysters that have that kind of cash. When using those terms I think of someone like Knighton when he wanted to buy Man Utd and it turned out he could only afford Carlisle. Where the Xia money came from, and if there's any left, is another matter.

As an aside, it's some achievement that between Lerner and Xia are two to three hundred million out of pocket from owning Villa, and ave somehow turned us into a second division side that apparently can't pay it's bills on time. It's almost impressive in its levels of incompetence.

Sorry, just had to correct that!
Title: Re: Tony’s Statement.
Post by: kippaxvilla2 on June 16, 2018, 11:22:53 PM
We are actually ahead of Blues in the betting to get relegated next season.  I really hope we find a way through all this and ram it down everyone’s throats.
Title: Re: Tony’s Statement.
Post by: Newby on June 16, 2018, 11:52:13 PM
We are actually ahead of Blues in the betting to get relegated next season.  I really hope we find a way through all this and ram it down everyone’s throats.

I think this might work to our advantage.  Less pressure and expectation.
Title: Re: Tony’s Statement.
Post by: VinnieChase84 on June 17, 2018, 12:32:50 AM
We are actually ahead of Blues in the betting to get relegated next season.  I really hope we find a way through all this and ram it down everyone’s throats.

I think this might work to our advantage.  Less pressure and expectation.

Cardiff were one of the favourites to go down going into last season
Title: Re: Tony’s Statement.
Post by: brian green on June 17, 2018, 07:56:46 AM
The amounts we have wasted in the ownership of the last two owners set beside the position in which we now find ourselves is unbelievable until you put it in the context of the cast list.   Lerner, Krulak, MON, Houllier, Faulkner, McLeish, Lambert, Fox, Sherwood, Garde, Black, KMac, Xia, Xia's faceless boardroom cronies, Wyness, Round, RDM and Bruce.

Feast your eyes on that list of men with their own agendas and it is all in the words of Basil, blindingly bleeding obvious.
Title: Re: Tony’s Statement.
Post by: john e on June 17, 2018, 09:53:03 AM
The amounts we have wasted in the ownership of the last two owners set beside the position in which we now find ourselves is unbelievable until you put it in the context of the cast list.   Lerner, Krulak, MON, Houllier, Faulkner, McLeish, Lambert, Fox, Sherwood, Garde, Black, KMac, Xia, Xia's faceless boardroom cronies, Wyness, Round, RDM and Bruce.

Feast your eyes on that list of men with their own agendas and it is all in the words of Basil, blindingly bleeding obvious.

it is a list of bad
Title: Re: Tony’s Statement.
Post by: OzVilla on June 17, 2018, 09:55:17 AM
And that’s before you get started on some of the players that’s stolen a living off us.
Title: Re: Tony’s Statement.
Post by: Clampy on June 17, 2018, 10:02:40 AM
The amounts we have wasted in the ownership of the last two owners set beside the position in which we now find ourselves is unbelievable until you put it in the context of the cast list.   Lerner, Krulak, MON, Houllier, Faulkner, McLeish, Lambert, Fox, Sherwood, Garde, Black, KMac, Xia, Xia's faceless boardroom cronies, Wyness, Round, RDM and Bruce.

Feast your eyes on that list of men with their own agendas and it is all in the words of Basil, blindingly bleeding obvious.

it is a list of bad

I'm not too sure if i'd put Houiller in that list to be honest.
Title: Re: Tony’s Statement.
Post by: thick_mike on June 17, 2018, 10:03:49 AM
And that’s before you get started on some of the players that’s stolen a living off us.

And continue to steal
Title: Re: Tony’s Statement.
Post by: Newby on June 17, 2018, 10:29:51 AM
The amounts we have wasted in the ownership of the last two owners set beside the position in which we now find ourselves is unbelievable until you put it in the context of the cast list.   Lerner, Krulak, MON, Houllier, Faulkner, McLeish, Lambert, Fox, Sherwood, Garde, Black, KMac, Xia, Xia's faceless boardroom cronies, Wyness, Round, RDM and Bruce.

Feast your eyes on that list of men with their own agendas and it is all in the words of Basil, blindingly bleeding obvious.

it is a list of bad

I'm not too sure if i'd put Houiller in that list to be honest.

I kind of agree with the Houillier bit as he was ok, except for the Liverpool love in and his initial comments about Villa.  The rest of them belong in the pit of misery thread.  An absolute shambles of a club and fully deserves to be where it is.  Unfortunately, we as fans, are the ones paying the price.  Sod Xia and Lerner, I have no sympathy for their wallets.  Do your homework, appoint sensibly and they wouldn't have been so badly out of pocket.  Shambles. 
Title: Re: Tony’s Statement.
Post by: john e on June 17, 2018, 11:21:20 AM
The amounts we have wasted in the ownership of the last two owners set beside the position in which we now find ourselves is unbelievable until you put it in the context of the cast list.   Lerner, Krulak, MON, Houllier, Faulkner, McLeish, Lambert, Fox, Sherwood, Garde, Black, KMac, Xia, Xia's faceless boardroom cronies, Wyness, Round, RDM and Bruce.

Feast your eyes on that list of men with their own agendas and it is all in the words of Basil, blindingly bleeding obvious.

it is a list of bad

I'm not too sure if i'd put Houiller in that list to be honest.

true, scrub Houlier from that  list
Title: Re: Tony’s Statement.
Post by: TheMalandro on June 17, 2018, 12:52:51 PM
Not a well translated piece but from this and something I read on the Recon site, some shit hit the fan for Xia in November 2017. (I'll dig the other articles let out later)


http://westdollar.com/sbdm/finance/news/1354,20171213812260434.html
Title: Re: Tony’s Statement.
Post by: KevinGage on June 17, 2018, 01:18:54 PM
The amounts we have wasted in the ownership of the last two owners set beside the position in which we now find ourselves is unbelievable until you put it in the context of the cast list.   Lerner, Krulak, MON, Houllier, Faulkner, McLeish, Lambert, Fox, Sherwood, Garde, Black, KMac, Xia, Xia's faceless boardroom cronies, Wyness, Round, RDM and Bruce.

Feast your eyes on that list of men with their own agendas and it is all in the words of Basil, blindingly bleeding obvious.

it is a list of bad

I'm not too sure if i'd put Houiller in that list to be honest.

Nah.  Houllier is the first manager in my lifetime who genuinely thought he was doing us a favour just by breezing in and turning up each day. He didn't get the club one iota.

Even Pigface O'Leary sounded enthusiastic about the club initially.  It was only when the financial limitations extended into the second year that we were treated to the 'honest bunch of lads/can't compete with the Boltons and Charltons' vomit.

Hard as it seems to believe now but O'Neill leaving was actually an opportunity for us.  A younger, committed manager with fresh ideas could have still built a formidable team with the players we had available in 2010. Instead that period marks the start of our decline. And Houllier was a key part of that. We looked better with Gary Mac in charge.
Title: Re: Tony’s Statement.
Post by: Risso on June 17, 2018, 02:37:31 PM
Houllier was dreadful. A PR disaster and lumbered us with Darren Bent.
Title: Re: Tony’s Statement.
Post by: old man villa fan on June 17, 2018, 02:56:19 PM
The amounts we have wasted in the ownership of the last two owners set beside the position in which we now find ourselves is unbelievable until you put it in the context of the cast list.   Lerner, Krulak, MON, Houllier, Faulkner, McLeish, Lambert, Fox, Sherwood, Garde, Black, KMac, Xia, Xia's faceless boardroom cronies, Wyness, Round, RDM and Bruce.

Feast your eyes on that list of men with their own agendas and it is all in the words of Basil, blindingly bleeding obvious.

It's been like having a burst pipe and trying to mop up the water without turning off the stoptap.  Unbelievably, we continue to ignore turning off the stoptap.
Title: Re: Tony’s Statement.
Post by: ktvillan on June 17, 2018, 10:49:38 PM
Houllier only opened his mouth to change the foot he put in it but at least he had us playing football and heading in the right direction towards the end of that season.  It was all downhill after that.  I think Garde deserves a free pass as he took on a poisoned chalice which Lerner and Fox then promptly shat in by not backing him in the transfer market.
Title: Re: Tony’s Statement.
Post by: purpletrousers on June 18, 2018, 12:34:00 AM
Not a well translated piece but from this and something I read on the Recon site, some shit hit the fan for Xia in November 2017. (I'll dig the other articles let out later)


http://westdollar.com/sbdm/finance/news/1354,20171213812260434.html


I'd suggest not clicking on that, it just opened about 30 new tabs on my iPad. Having finally closed them all, I thought I'd post the text....

Quote from: some god awful website


United Rui Kang Xiajian: "Three flash crushing more and more outrageous, do not return home all think I can not back!

December 13, 2017 at 21:51source: Securities Times
B
In the absence of obvious negative conditions, shortly before Ruikang associated three shares suffered a flash collapse.

Coincidentally, when Xia Ruikang, head of the joint Ruikang, was in a foreign country for a time, he rumored directly on him. Subsequently, Xia construction in urgentWeiboClarified and temporarily redirected to return home, the public opinion turmoil gradually subsided.

Recently, the Securities Times · e company interviewed an interview with the chairman and CEO of Ruikang Group, Harvard University Design Dr. Xia Jian Tong, the three flashbacks,Lotus healthAsset sales mystery, the acquisition of veteran football clubs in Britain, "youngest professor" misunderstanding and other matters one by one responded, and a detailed account of Rui Kang Department in the wisdom of the global layout of the city.

  Trials flashback impact

A shares and Ruikang associated thereRui Kang shares, Lotus health,Tianxia wisdom, Xia Jiantong actual control of the first two listed companies, at the same time as Tianxia wisdom chairman.

At 10:00 on November 20 before and after the sudden collapse of the three collective flash collapse to limit. For a time, the market rumors everywhere, are pointing to the joint Ruikang head Xia Jiatong. In the afternoon, Xia Jiantong released a response to the Weibo announcement that everything was fine in the UK and was busy expanding businesses such as Smart City. The next day, three stocks are still sharply lower.

In an interview with Securities Times and e-Company reporters, Xia said that when the itinerary was for the United Kingdom to go to Saudi Arabia, Kuwait, Saudi Arabia and Kuwait, the government was also going to invite him to participate in the construction project of many smart cities because of this Things have to be temporarily diverted to return home.

Xia Jiantong did not immediately return because in England on November 22, Prince William and Kate came to Villa Park, Xia Jianting to Aston Villa Football Club, the identity of the reception, the British media also reported. At the same time, three flash floods triggered rumors also spread to Britain, the British media also reported on the matter, causing great pressure on Xia Jianting.

"There is no concept of a limit to the UK media, which states that the stock of a company has been halted suspended, understood to be even more outrageous, and it is hard for me to explain to the British the matter of a lower limit." Mr Xia told reporters at Securities Times Said.

The impact of rumors far exceeded the imagination, and slowly evolved into his return home, resulting in three flash flash collapse, microblogging to clarify the power is not enough. To make Xia Jiantong even more surprised that one thing he did not think was made wild. "Because more and more outrageous, do not come back and think I can not go back." Xia Jiantong said, "rumors affect the company a lot of things, some of the original normal cooperationbankFinancial institutions and cooperative departments have taken a wait-and-see attitude to wait until I come back to start doing business again. "After Xia Jianto returned to China, all work including bank and business cooperation gradually returned to normal.

Shortly after returning home, Xia Jiantong attended a media forum and delivered a keynote speech. "In principle, I am not invited to these activities in these years because I am not involved in these activities because I am too busy." Xia Jiantong said: "It is too costly to pass rumor now. I can only do this to make it clear that I have already returned."

Xia Jiantong psychological contradictions of the media from 10 years ago, "the youngest professor at Harvard" misunderstanding, and thus disputes with Fang. Xia Jiantong to Securities Times · e company reporter explained this past, when the doctoral dissertation completed, but has not yet formally graduated, at the same time is a postgraduate teaching assistants identity back to do the project planning of the West Lake, the media mouth of the students "teacher "Said directly as a" professor ", after being Fang" crackdown ", said Xia Jian Tong declared" professor. "

"Actually, it is a matter that I can not beat with my eight poles, and they (the media) toss each other." Xia Jiantong said: "In the same year, he negotiated with Fang once again and thought he really did some" crackdown " Things may not be the case now. "Maybe by" the youngest professor at Harvard "incident, Xiajian not long after this media interview.

In accordance with the understanding of Xia Jiantong, honestly doing things like, time can prove everything. "It is hard to say what he is pretending to be, and it is the best way to prove yourself if a person persists in life for a long time even to do one thing." Xia Jiantong said this remark.

  Lotus health increased by the doldrums

In addition to the three flashbacks, which attracted the attention of the market and regulators, there was also a sale of Lotus Health Assets. It was questioned that the related party transactions should be related and Xiajian made a direct response.

On September 29 this year, Lotus Health Bulletin, transfer of Xiangcheng City, Henan ProvinceCanonThermal Power Co., Ltd. (Canon Thermal Power) 100% stake in Henan Lotus Sugar Co., Ltd. (Lotus Sugar) 43% stake, the transaction price was 244 million yuan, 66 million yuan, the transferee for the Horgos Zhongxin Yun Investment Venture Capital Co., Ltd. (hereinafter referred to as "new cloud vote").

The transfer, Lotus Health intends to divest the loss of assets, the funds used to solve the problems left over by history, and promote the development of the company. However, this issue triggered a chain reaction. Two exchanges of inquiry were issued on the SSE. One was to ask whether there was any trading motivation for manipulating profits through asset disposal to prevent the company from losing its annual net assets. Another issue involved the subject The second transfer of assets, to the new cloud investment shortly after the change to Xiajian company name, triggering the related party transactions to the question.

In this regard, Xia Jian Tong Securities Times told e Times reporter, not only the assets of the plant (referring to Canon Thermal Power), lot lot of land in the city center facilities have been relatively old, have been released in accordance with the plan to move to a new Industrial Park, and similar assets before the land handling several times, the transfer is a process of asset clean-up, and involves many problems left over by history.

"Due to government demands and historical reasons, I consider temporarily holding this asset and waiting for the settlement of the problems that have been promised by employees in previous history when the assets have been disposed of." Xia Jiantong said: "If I take it for myself This asset, it is good to direct announcement to assess the valuation are normal, there is no need to avoid what.

In response to the Shanghai Stock Exchange, Xia Jiantong also said that after the completion of the industrial and commercial change by Canon Power Generation, the workers had great opinions and kept petitions. After coordination, the subsidiaries and the Zhongyun Cloud Investment Co., Ltd. signed an agreement on behalf of the shareholders. Lotus Health explained that Canon employees at Lotus have been working for many years, out of a strong sense of belonging and trust in the Lotus brand, requiring termination of the transaction and requiring the transfer of Canon Power to the name of the former shareholder.

In the end, Lotus Health or canceled these two transactions, the announcement said out of caution.

Lotus Health that is the original Lotus MSG is Rui Kang Department of the first actual control of A-share listed companies, the time is the end of 2014.

That Xia Jiantong took over a mess at that time is not excessive, and debt-ridden. Ruikang investment after the admission, planning non-public offering, prompting Lotus Gourmet Powder to enterWisdom agricultureAnd big health field, later company name changed to lotus health.

Lotus healthy non-public offering, from September 2015 already started planning, regulatory authorities have long been accepted, during which they have undergone a suspension and the number of draft, but has not yet been adopted. Under the program, Lotus Health intends to not more than 527 million shares of non-public offering, raised 3.113 billion yuan of funds does not exceed, Rui Kang subscribe for more than 2.3 billion investment.

Raised funds will be used green health, intellectual agriculture and other projects, there is a considerable part of the repayment of borrowings and capital investment in the controlling lease. Another significant move is to consolidate the controlling stake in Ruikang Investment, which will increase its stake to 31.28% after the implementation.

Xiajian Tong attached great importance to this increase, but he did not get a headache. "After we took over Lotus, we have borrowed billions of dollars at no expense and devoted more than 2 billion to the overall problem, in order to solve the problems left over by history and to clear the obstacles for the increase." Xia Jiantong said: "After a definite increase, we can solve a lot of historical burdens , To promote listed companies on the right track. "

According to the introduction of Xia Jiantong, the Henan Provincial Government, Zhoukou and Xiangcheng Municipal Government recently held a symposium to support Ruikang in solving all problems of Lotus as soon as possible and to pass it as soon as possible. "We have worked very hard in recent years and have turned losses on our main business, except for the impact of historical burden, assets impairment and debt provision, and the financial statements are not good looking," said Xia Jiantong.

The market has the view that Lotus Health is a shell company, which Xiajian think "engage in capital." According to Xia Jian Tong revealed that he took over the lotus health from now until now, often people ask whether to sell the shell. "If I could make a fortune in order to make a fortune, I could already resell it and would I put so much money into saving it?" Xia Jiantong said: "I can not ignore these 20,000 people. Fortunately, these three years have basically figured out that now To the last step, how do I have to persevere, I hope no one to trouble and toss up. "

  Vera help business development

In fact, one of the most watched events of Xia Jianto in recent years is that in the summer of 2016, the Aston Villa Football Club of England (hereinafter referred to as "Villa") was fully acquired with a transaction price of 75 million pounds if Vera rose to the Premier League, but also to pay 40 million pounds. Xia Jiantong is a football fan in itself, and now serves as chairman of Villa Club.

Vera was founded in 1874 at the Villa Park in Birmingham. His history is excellent, but relegated from the Premier League to the English Champions League due to poor performance in the 2015/16 season. Thanks to his excellent early records and long history, Vera has accumulated a large number of fans, including Prince William of the future king of Britain and former Prime Minister Cameron. They also have a very strong fan base around the world.

In the UK, wanting to buy a football club is not an easy task. Xia Jiantong said he was the first Chinese to pass the Premier League and FA Premier qualification and many people followed up to acquire foreign football teams. "At that time, investing in Villa was very rational, not only because he was a soccer fan." Xia Jian Tong told the Securities Times · e company reporter.

Xia Jiantong introduction, the acquisition of Vera for three reasons, one around Rui Kang intelligent life platform to create services for sports enthusiasts in the vertical field platform, Vera is a specific football content; two is optimistic about the assets owned by Vera, in Birmingham, etc. To carry out smart city has a foundation; Third, Vera in the world has many special fans in the background, to carry out a global business has played a bridge role.

"We hope Vera will return to the Premiership as soon as possible and if successful, the investment will surely be a success." Xiaji told Security Times reporter, "Even if Vera did not return to the Premiership, it was a good asset from the point of view Of investment, is completely rational business practices. "Xia also added that it is because they are fans, the understanding of the industry is very clear.

Xia Jiantong learned two professions, one related to urbanization, one related to information technology. Rui Kang Although there are many business sectors, but also around this, smart city is a specific entry point. Xia Jiantong introduced in the future slowly enter an era of all things, the company's aim is for everyone in this era to create a better life, to create a Zhaopin platform covering the production side, the demand side, to meet the more intelligent resource acquisition process.

Xia Jiantong hopes this "Zhaopin" platform will not only be in China, but Vera will play a key role in the global layout of these businesses. Many princes from Saudi Arabia, India and Indonesia are fans of Vera, and Vera is like A bond.

According to Xia Jiantong, Rui Kang currently carries out smart city project specific locations, including the Birmingham and London Olympic region in Britain, Saudi Arabia's Riyadh, Kuwait's two cities, India's New Delhi core area and two other cities in Indonesia Bandung and Jakarta Satellite City. The expansion of business in these regions can not be separated from the ability of Vera to extend this platform.

In accordance with the planning of Xia construction, but also busy for 5 years. Xia Jiantong hopes that under his efforts, a platform for global resource sharing will emerge in five years. Xia Jiantong is now involved in many concrete projects around the world. He hopes to be able to train a core team of hundreds of people to replace himself within five years and will not spend so much time in specific affairs after five years.

At the end of the interview, Xia Jiantong told the Securities Times · e company reporter said that from the time he completed his studies to now he does not pursue how much money, how much wealth, but requires that he can honestly behave, this is Harvard years of education to his greatest Guidelines. "How many media interviews I received and how many exposures did not materially affect me." Xia Jiantong said, "I told my partners, although some misunderstand the storm, so long as they do well, just like that."

                (Editor: DF134)

I lasted a paragraph, if anyone wants to make some sense of it, thank you.
Title: Re: Tony’s Statement.
Post by: Toronto Villa on June 18, 2018, 02:32:09 AM
Vera? Really?
Title: Re: Tony’s Statement.
Post by: purpletrousers on June 18, 2018, 07:53:07 AM
Vera? Really?

I didn't even spot that.
Well didn't some call Bruce 'Nan's hair'?!
Title: Re: Tony’s Statement.
Post by: ChicagoLion on June 18, 2018, 08:54:21 AM
Well that clears that up.
Were the Vera were the Vera.
Vera Vera Vera.
Title: Re: Tony’s Statement.
Post by: Rico on June 18, 2018, 09:27:08 AM
Might as well have left it in the original Chinese for all the sense that it made.

Up the Vera!
Title: Re: Tony’s Statement.
Post by: aj2k77 on June 18, 2018, 09:32:42 AM
Any news from the fucking fake yet? Or is it sit tight and wait for the next winding up order?
Title: Re: Tony’s Statement.
Post by: UK Redsox on June 18, 2018, 09:35:20 AM
Vera, Vera
What has become of you
Does anybody else in here
Feel the way I do?
Title: Re: Tony’s Statement.
Post by: Des Little on June 18, 2018, 09:39:28 AM
My only hope is that we are working flat out to find a buyer, so that this useless little arsehole gets as far away from our club quick sharp.
Title: Re: Tony’s Statement.
Post by: Fred Crump on June 18, 2018, 10:16:48 AM
I get that horrible sinking feeling that the new investor/ source of funds is  just not going to happen. I don’t want us to fail, but to be honest if it’s inevitable, the  sooner they get on with putting us into Administration and out of our current misery the better. At least everyone concerned will know what they are  up against and hopefully from the shattered wreckage some sort of future viable set-up can emerge. In the old cliche , it’s the hope that kills you ...
Title: Re: Tony’s Statement.
Post by: Jon Crofts on June 18, 2018, 10:26:08 AM
Don't know about anyone else but I get the sense it's going to get a lot worse before it gets better. Judging by the silence I'd guess people are trying to unpick and fathom out just how deep the shit is that we're in before they let on, I'd rather have all the bad news at once rather than be drip fed it.
Title: Re: Tony’s Statement.
Post by: paul_e on June 18, 2018, 10:37:56 AM
I'm going the other way to be honest, In my opinion there have been 2 stories, 1 is the tax bill and the other is FFP.  The latter is something we knew was a problem (if we didn't go up) months ago so the only 'new' information in the last month was HMRC. Now that's clearly not a good situation to be in but it's been resolved and the underlying problem will be resolved if/when we fix the FFP issue. The way we have to do that is to sell some players and start using our youth team more effectively, something I thought we should've started doing 2 1/2 years ago when relegation was a certainty so i'm struggling to be all that upset by the prospect.

If things come out that add to the problems then obviously my position will change but I just can't get myself all that worked up about the whole thing right now. I guess that's why I don't really get what people want from a statement, what exactly can be said that will help anyone right now?
Title: Re: Tony’s Statement.
Post by: mr underhill on June 18, 2018, 11:57:01 AM
hat we've been taken over by Sheikh Yer Booty?
Title: Re: Tony’s Statement.
Post by: pauliewalnuts on June 18, 2018, 12:11:57 PM
Don't know about anyone else but I get the sense it's going to get a lot worse before it gets better. Judging by the silence I'd guess people are trying to unpick and fathom out just how deep the shit is that we're in before they let on, I'd rather have all the bad news at once rather than be drip fed it.

Agree, sadly.
Title: Re: Tony’s Statement.
Post by: oldhill_avfc on June 18, 2018, 01:46:15 PM
I'm going the other way to be honest, In my opinion there have been 2 stories, 1 is the tax bill and the other is FFP.  The latter is something we knew was a problem (if we didn't go up) months ago so the only 'new' information in the last month was HMRC. Now that's clearly not a good situation to be in but it's been resolved and the underlying problem will be resolved if/when we fix the FFP issue. The way we have to do that is to sell some players and start using our youth team more effectively, something I thought we should've started doing 2 1/2 years ago when relegation was a certainty so i'm struggling to be all that upset by the prospect.

If things come out that add to the problems then obviously my position will change but I just can't get myself all that worked up about the whole thing right now. I guess that's why I don't really get what people want from a statement, what exactly can be said that will help anyone right now?

The suspicion is that the cash flow issue is ongoing and the settlement with HMRC was s first installment only.
There is presumably a need for cash each month, so for it all to be sorted Xia must have found a way of borrowing against assets, finding extra investment or moving funds from China.   Are any of these likely?
Title: Re: Tony’s Statement.
Post by: Ads on June 18, 2018, 01:48:37 PM
If he's loaned £50 million, then presumably he's given himself 12 months, if the level of equity needed last season was £4m a month.
Title: Re: Tony’s Statement.
Post by: Villafirst on June 18, 2018, 01:52:39 PM
Would you lend him money with his track record?
Title: Re: Tony’s Statement.
Post by: paul_e on June 18, 2018, 02:30:37 PM
I'm going the other way to be honest, In my opinion there have been 2 stories, 1 is the tax bill and the other is FFP.  The latter is something we knew was a problem (if we didn't go up) months ago so the only 'new' information in the last month was HMRC. Now that's clearly not a good situation to be in but it's been resolved and the underlying problem will be resolved if/when we fix the FFP issue. The way we have to do that is to sell some players and start using our youth team more effectively, something I thought we should've started doing 2 1/2 years ago when relegation was a certainty so i'm struggling to be all that upset by the prospect.

If things come out that add to the problems then obviously my position will change but I just can't get myself all that worked up about the whole thing right now. I guess that's why I don't really get what people want from a statement, what exactly can be said that will help anyone right now?

The suspicion is that the cash flow issue is ongoing and the settlement with HMRC was s first installment only.
There is presumably a need for cash each month, so for it all to be sorted Xia must have found a way of borrowing against assets, finding extra investment or moving funds from China.   Are any of these likely?

Indeed, but it's only a suspicion and I doubt they'd have been meeting to discuss the budget and agreeing to resign Hutton if there was a realistic chance that we won't be able to pay players wages in the next fortnight.

As Ads said, the rumours were that he'd arranged £50m of credit, if that's the case then, as I said, it's a case of sorting out things we need to fix for FFP anyway and then reviewing things next summer. On evidence I see no reason to fear a winding-up order anytime soon and if that threat isn't there then we're really no worse off than many expected we'd be if we missed promotion.  I said a number of times that Bruce's approach was short term shit or bust and we're just seeing how true that was really.
Title: Re: Tony’s Statement.
Post by: Des Little on June 18, 2018, 02:37:51 PM
Would you lend him money with his track record?

I wouldn't give him a quid to go to the shop.  I have lost all faith in the bloke.
Title: Re: Tony’s Statement.
Post by: kippaxvilla2 on June 18, 2018, 05:24:40 PM
Meaning Evil.

Revealed: Tony Xia is running out of time to save Aston Villa

The AVFC owner is now desperately seeking outside investment as the bills continue to add up

12:35, 18 JUN 2018Updated15:09, 18 JUN 2018
Tony Xia is facing a race against time to source funds for cash-strapped Aston Villa.

The Chinese owner is currently exploring various investment proposals after accepting that a change at the top is needed.

Xia wants to stay on board as Villa chairman but is seeking outside investment of around £30million before the end of the month.

At worst he wants to remain a shareholder but is now seriously considering selling up as groups continue to show an interest in the club.


He will not sell Villa on the cheap, though.

Although he does admit that change is needed to get Villa going again after two seasons of disappointment in the Championship.

BirminghamLive understands that he also has some regret at not spending more time in England since taking over.

With CEO Keith Wyness now out the door and suing Villa for constructive dismissal, the club are short on key decision-makers.

It can be revealed that Xia sent a management troubleshooter over to Villa Park recently to help pick up the pieces.

Everything you need to know about Aston Villa target Samuel Yohou
His expert feedback - from years working in high-profile businesses outside of football - is now being considered.

But the most pressing concern is sorting out the on-going cash-flow issue.

Villa have another stack of bills due at the end of the month and Xia is close to exhausting his loan options.


He sourced £2million to cover last month's outstanding tax bill and it’s understood that money has even been borrowed against July’s parachute payment which weakens the owner’s hand in times ahead.

As reported last week, the second half of this month really is a crunch time for the club as Villa owe around £11million to other clubs for player transfers.

On top of that there will be another tax bill, the ongoing payroll commitments and other running costs that need addresing.

Huge investment in player wages and more than £70million in transfers in just two seasons left the club facing an HMRC winding-up order last month and similar issues could arise if the next payments are not made.

Player sales are inevitable with Jack Grealish and James Chester expected to fetch the highest fees.

But slashing the £45m wage bill is going to be difficult as there has been little interest in some of Villa's high-earning fringe players.

The next ten days are crucial.

Simon Jordan explains why it's not all doom and gloom at Aston Villa
Title: Re: Tony’s Statement.
Post by: Toronto Villa on June 18, 2018, 06:24:24 PM
I see there was some open space that needed to be filled with a lot of "I heard..." type stuff.
Title: Re: Tony’s Statement.
Post by: frank black on June 18, 2018, 06:30:37 PM
Silence from the owner says it all really. I am prepared for the worst and expect it.

Hopefully he sells up to someone with some acumen.
Title: Re: Tony’s Statement.
Post by: PaulWinch again on June 18, 2018, 06:36:29 PM
Oh good all sounds positive then...
Title: Re: Tony’s Statement.
Post by: Ads on June 18, 2018, 06:39:13 PM
All sounds highly speculative. Why would you sack Wyness for reasons of seeking outside investment only to seem that a good idea a week later.
Title: Re: Tony’s Statement.
Post by: PaulWinch again on June 18, 2018, 06:44:08 PM
Muddled thinking, foolish pride?
Title: Re: Tony’s Statement.
Post by: ChicagoLion on June 18, 2018, 10:31:13 PM
Until Xia makes a statement that the future Financial position of the club is secure then these story’s will continue to circulate and with good reason.
If Xia could make that statement he would do so.
I do not see the outside investment story as either credible or likely considering the time line.
Title: Re: Tony’s Statement.
Post by: villabear on June 18, 2018, 10:31:35 PM
Do you think he’s planning more ‘sitting with Xia’ competitions anytime soon so we can find what the bloody hell is going on?
Title: Re: Tony’s Statement.
Post by: Eiresvillan on June 18, 2018, 10:44:24 PM

But slashing the £45m wage bill is going to be difficult as there has been little interest in some of Villa's high-earning fringe players.


So why re-sign Hutton? When we already have Bree, D'Laet, Emo and youth all on the books that can play FB.
Title: Re: Tony’s Statement.
Post by: purpletrousers on June 18, 2018, 11:11:45 PM

But slashing the £45m wage bill is going to be difficult as there has been little interest in some of Villa's high-earning fringe players.


So why re-sign Hutton? When we already have Bree, D'Laet, Emo and youth all on the books that can play FB.

Maybe he thinks he needs some protection next time he's over, I wouldn't argue with Al.
Title: Re: Tony’s Statement.
Post by: nodge on June 18, 2018, 11:28:54 PM
I'm hoping he's being quiet because he's in discussions with either investors or buyers and they've told him to shut the fk up until there's something to say. Unlikely I know.
Title: Re: Tony’s Statement.
Post by: Des Little on June 19, 2018, 09:16:34 AM
Do you think he’s planning more ‘sitting with Xia’ competitions anytime soon so we can find what the bloody hell is going on?

I'm told there will be, but it'll cost you £50M
Title: Re: Tony’s Statement.
Post by: VILLA MOLE on June 19, 2018, 09:27:28 AM
Would you lend him money with his track record?

I wouldn't give him a quid to go to the shop.  I have lost all faith in the bloke.

Absolutely , I am pleased we didn't go up  can you imagine the mess we would have been in in if they had the premiership money ??
Title: Re: Tony’s Statement.
Post by: Walmley_Villa on June 19, 2018, 10:27:29 AM
I'm assuming that even if we had gone up we still wouldn't have magically had the HMRC cash? As such the crisis would still have hit?
Title: Re: Tony’s Statement.
Post by: Gareth on June 19, 2018, 10:50:59 AM
I'm assuming that even if we had gone up we still wouldn't have magically had the HMRC cash? As such the crisis would still have hit?

Would have thought borrowing against the expected Prem cash would have been a lot easier than the final parachute payment though - he doesn’t strike me as the type who would have used the Prem cash to steady the ship for the long term tho if it had happened
Title: Re: Tony’s Statement.
Post by: Des Little on June 19, 2018, 11:08:53 AM
I think it's fair to assume that no one really knows what this chap would have done with the additional revenue that promotion would have brought in. 
Title: Re: Tony’s Statement.
Post by: DB on June 19, 2018, 12:55:48 PM
I think it's fair to assume that no one really knows what this chap would have done with the additional revenue that promotion would have brought in. 

The same but with a lot more of it
Title: Re: Tony’s Statement.
Post by: themossman on June 19, 2018, 01:05:22 PM
Watched the Simpsons episode Marge vs the monorail last night, if anyone remembers that. All felt strangely familiar.
Title: Re: Tony’s Statement.
Post by: mr underhill on June 19, 2018, 02:01:43 PM
With the fixture list coming out on Thursday and millions due to be paid the week afterwards to various sources, does anyone know what would happen if we start the season and then go into liquidation ( heaven forbid) half way through? I can't find any reference to this scenario on the EFL website.
Title: Re: Tony’s Statement.
Post by: kippaxvilla2 on June 19, 2018, 02:05:26 PM
With the fixture list coming out on Thursday and millions due to be paid the week afterwards to various sources, does anyone know what would happen if we start the season and then go into liquidation ( heaven forbid) half way through? I can't find any reference to this scenario on the EFL website.

We will not go straight into liquidation.  The most likely insolvency scenario would be entering Administration a process that protects the company from being attacked by its creditors (the people it owes money to) to allow it time to restructure or sell it on or indeed ultimately liquidate as you suggest.  When entering Administration, we will immediately start next season with a 12 point deduction.  The same if we entered Administration during the season.  The preferred outcome of the Administration will be a sale to a new owner which rids us of all unsecured debt but not football creditors such as players transfer fees.
Title: Re: Tony’s Statement.
Post by: Fred Crump on June 19, 2018, 02:14:26 PM
I think that’s why the league official was supposed to be having a meeting at VP this week to see evidence that we could complete our fixtures next season. Don’t know what happens if they conclude we can’t but I would think Administration would then be inevitable in fairly short order with liquidation and being thrown out of the league to follow if the administrator couldn’t restructure and sell the club as a going concern. It’s being so cheerful that keeps me going...Grim times and I hate it but we may as well face up to what could happen.
Title: Re: Tony’s Statement.
Post by: Des Little on June 19, 2018, 02:27:27 PM
This is all well and good, but can we have the round badge back?
Title: Re: Tony’s Statement.
Post by: kippaxvilla2 on June 19, 2018, 02:42:06 PM
This is all well and good, but can we have the round badge back?


When FC Aston Villa is formed and we pay the Administrator a premium for it - yes.
Title: Re: Tony’s Statement.
Post by: Fred Crump on June 19, 2018, 02:49:26 PM
This is all well and good, but can we have the round badge back?
[/quote

Yes please !
Title: Re: Tony’s Statement.
Post by: VinnieChase84 on June 19, 2018, 03:01:41 PM
My emotions about what is happening to our beloved club are all over the place. One minute I’m down about t, then positive and hoping for a brighter future. Today and the last few I am firmly in the pissed off/curious/anger phase with Dr Phony.
He HAS to sell us as I don’t think anyone will accept him anymore
Title: Re: Tony’s Statement.
Post by: simon ward 50 on June 19, 2018, 03:05:43 PM
This is all well and good, but can we have the round badge back?

What about the orange dot?
Title: Re: Tony’s Statement.
Post by: Des Little on June 19, 2018, 08:05:10 PM
This is all well and good, but can we have the round badge back?

What about the orange dot?

Have you seen the price of orange dots these days?
Title: Re: Tony’s Statement.
Post by: CT Villan on June 19, 2018, 09:28:30 PM
This is all well and good, but can we have the round badge back?


Yes, but we have to change the motto to "There, or thereabouts"
Title: Re: Tony’s Statement.
Post by: Richard E on June 19, 2018, 10:48:15 PM
With a 'That's the Championship' badge on the sleeve.
Title: Re: Tony’s Statement.
Post by: PeterWithesShin on June 19, 2018, 11:08:13 PM
Sponsored by Hysterical.
Title: Re: Tony’s Statement.
Post by: wittonwarrior on June 19, 2018, 11:10:47 PM
This is all well and good, but can we have the round badge back?

Think the make up of the badge is the least of our worries.
Title: Re: Tony’s Statement.
Post by: Des Little on June 19, 2018, 11:38:10 PM
I apologise. The badge change suggestion was a tongue in cheek/ironic/shit attempt at gallows humour. Lesson learned!
Title: Re: Tony’s Statement.
Post by: kippaxvilla2 on June 19, 2018, 11:39:55 PM
I think everyone except WW picked that up Des! I thought it was funny.
Title: Re: Tony’s Statement.
Post by: pauliewalnuts on June 20, 2018, 08:46:10 AM
I think we should ditch 'Prepared' and use something more realistic.

"Fucking hell!" or maybe just "FFS"

Or just a question mark.

Or, to be more up to date:

¯\_(ツ)_/¯
Title: Re: Tony’s Statement.
Post by: Walmley_Villa on June 20, 2018, 08:52:27 AM
We should rename the club as "Why didn't Barry FC"

Agreed, I think the badge is the least of our worries but maybe the Meaning Evil wripped one on the new Luke kit would be apt with an Orange dot replacing the star?
Title: Re: Tony’s Statement.
Post by: Gareth on June 20, 2018, 08:54:07 AM
I apologise. The badge change suggestion was a tongue in cheek/ironic/shit attempt at gallows humour. Lesson learned!

Made me smile 😊 but enough of the badge talk, I won’t rest until VAR has investigated Barry & that penalty!

Title: Re: Tony’s Statement.
Post by: john e on June 20, 2018, 08:57:11 AM
‘Stability’ where prepared used to be
Title: Re: Tony’s Statement.
Post by: ASHTONVILLA on June 20, 2018, 08:57:31 AM
The recent turmoil has made me realise just how much Villa are a constant in my life, it is ghastly imagining a world without them. I dpn't think I could bring myself to ever support another team if the club disappeared.

Surely with a club as large, old and famous as the Villa someone will pitch up and take it off Tony's hands. I hope so, as I have zero confidence in him to get us through this. When Man City had issues wioth their dodgy Thai owner (Taksim Shinawatra?) they managed to pull a rabbit out of the hat by finding very wealthy new owners. Villa are far bigger than Man City were at the time, lets hope this ends well.
Title: Re: Tony’s Statement.
Post by: Mortimer's Bear on June 20, 2018, 09:11:46 AM
The recent turmoil has made me realise just how much Villa are a constant in my life, it is ghastly imagining a world without them. I dpn't think I could bring myself to ever support another team if the club disappeared.

Surely with a club as large, old and famous as the Villa someone will pitch up and take it off Tony's hands. I hope so, as I have zero confidence in him to get us through this. When Man City had issues wioth their dodgy Thai owner (Taksim Shinawatra?) they managed to pull a rabbit out of the hat by finding very wealthy new owners. Villa are far bigger than Man City were at the time, lets hope this ends well.

We are still a bigger club than Man City.
Title: Re: Tony’s Statement.
Post by: ASHTONVILLA on June 20, 2018, 09:18:51 AM
The recent turmoil has made me realise just how much Villa are a constant in my life, it is ghastly imagining a world without them. I dpn't think I could bring myself to ever support another team if the club disappeared.

Surely with a club as large, old and famous as the Villa someone will pitch up and take it off Tony's hands. I hope so, as I have zero confidence in him to get us through this. When Man City had issues wioth their dodgy Thai owner (Taksim Shinawatra?) they managed to pull a rabbit out of the hat by finding very wealthy new owners. Villa are far bigger than Man City were at the time, lets hope this ends well.

We are still a bigger club than Man City.

I agree. It is a shitty state of affairs when pisspot teams like City and Chelsea have managed to spend their way big, but rules stop larger clubs like Villa from doing the same. I don't see what is fair about FFP, load of old bollocks.
Title: Re: Tony’s Statement.
Post by: Gareth on June 20, 2018, 11:05:43 AM
I know nothing of how financing businesses works but if he is speaking with people / organisations regarding investment or ideally a takeover would that all be subject to non disclosure agreements hence nothing out of the club other than the one line statements about Wyness etc?

Also seen administration mentioned a few times - seem to remember when Portsmouth for one we’re going through admin that the theory was admin made them more attractive to buyers because of the writing down of debts, the players were seen as special so were paid but the big losers were the local businesses who dealt with the club - is that the case?  Would hope on a class and dignity level that if that is right admin is avoided.

Seems mad that less than a month ago we were panicking over FFP and now who knows (& I suspect the press know little more than we do) what is going on.

Title: Re: Tony’s Statement.
Post by: ChicagoLion on June 20, 2018, 11:17:44 AM
Gareth, yes any sale or investment negotiations would be kept secret, although I think investment leaving Tony in control is extremely unlikely.
Portsmouth had built up a huge HMRC debt and one of the reasons why HMRC are less lenient with Football Clubs.
Yes all non Secured and non Football Creditors  can get wiped.
The sale of the club will take time, probably several weeks.
If there is a genuine sale process in place  it is often the case that HMRC will hold off.
Title: Re: Tony’s Statement.
Post by: Billy Walker on June 20, 2018, 11:23:56 AM
The recent turmoil has made me realise just how much Villa are a constant in my life, it is ghastly imagining a world without them. I dpn't think I could bring myself to ever support another team if the club disappeared.

Surely with a club as large, old and famous as the Villa someone will pitch up and take it off Tony's hands. I hope so, as I have zero confidence in him to get us through this. When Man City had issues wioth their dodgy Thai owner (Taksim Shinawatra?) they managed to pull a rabbit out of the hat by finding very wealthy new owners. Villa are far bigger than Man City were at the time, lets hope this ends well.

I was thinking and saying similar when Randy was selling the Club.  For us to get the kind of owners we want and need to make us competitive at the very top end of football again we need a whole lot lobbying to be going on behind the scenes at both business and political levels.  It's been discussed on here before how George Osborne guided Man City's present owners to Manchester on the back of the "Northern Powerhouse" project and I was hoping similar big hitters would be nudged towards Randy (assuming such big hitters are out there, of course).   Instead, four Chinese groups were circling ourselves, Wolves, West Brom and Bham City and we seem to have been landed with worst of the lot - and that is despite having the likes of Hollis and Mervyn King on board!  I'm not sure what conclusions to draw from it all.
Title: Re: Tony’s Statement.
Post by: ChicagoLion on June 20, 2018, 11:28:19 AM
What will make Football Clubs more attractive to investors is when they kill off relegation, because that allows for the creation of franchises with even more predictable income streams.
Title: Re: Tony’s Statement.
Post by: dave.woodhall on June 20, 2018, 11:29:39 AM
Manchester City were taken over in 2008, when George Osborne was still in opposition.
Title: Re: Tony’s Statement.
Post by: SoccerHQ on June 20, 2018, 11:35:40 AM
Man. City were in lots of mess before Dubai took over. Didn't Thaksin have his cash frozen in Thailand due to some corruption investigation? There was talk of administration there for a while and then within a few days they were signing Robinho for 32m.

Not really sure how Dubai came in for them.
Title: Re: Tony’s Statement.
Post by: SamTheMouse on June 20, 2018, 11:55:45 AM
I still can't fathom how Villa aren't up there with the most successful clubs.

We're the biggest club in England's second city, great infrastructure, lovely stadium, distinctive brand, illustrious history, former
European champions, excellent, loyal fan base and potential for a frankly huge following across the West Mids conurbation and beyond.

The potential is massive. It's a tragedy that for so long we've been run by people lacking the vision and judgment needed to fulfill it.
Title: Re: Tony’s Statement.
Post by: Duncan Shaw on June 20, 2018, 12:32:03 PM
The recent turmoil has made me realise just how much Villa are a constant in my life, it is ghastly imagining a world without them. I dpn't think I could bring myself to ever support another team if the club disappeared.

Surely with a club as large, old and famous as the Villa someone will pitch up and take it off Tony's hands. I hope so, as I have zero confidence in him to get us through this. When Man City had issues wioth their dodgy Thai owner (Taksim Shinawatra?) they managed to pull a rabbit out of the hat by finding very wealthy new owners. Villa are far bigger than Man City were at the time, lets hope this ends well.

We are still a bigger club than Man City.

We simply aren't though any more, as rose tinted as we'd all like to look at it.  City, Chelsea, Spurs they are all bigger clubs than us now sadly and the gap is growing at an alarming rate!
Title: Re: Tony’s Statement.
Post by: Billy Walker on June 20, 2018, 01:05:51 PM
Manchester City were taken over in 2008, when George Osborne was still in opposition.

Yep, you're right, I was mixing it up with when Osborne guided the Chinese President to Manchester instead of Birmingham back in 2015. The political and economic process of lobbying for huge investment in Manchester was certainly in full swing in 2008, though, and Osborne was right behind it before, during and after being in government.   Without similar behind the scenes influence and movement, we might well be snookered. 
Title: Re: Tony’s Statement.
Post by: Billy Walker on June 20, 2018, 01:10:32 PM
The recent turmoil has made me realise just how much Villa are a constant in my life, it is ghastly imagining a world without them. I dpn't think I could bring myself to ever support another team if the club disappeared.

Surely with a club as large, old and famous as the Villa someone will pitch up and take it off Tony's hands. I hope so, as I have zero confidence in him to get us through this. When Man City had issues wioth their dodgy Thai owner (Taksim Shinawatra?) they managed to pull a rabbit out of the hat by finding very wealthy new owners. Villa are far bigger than Man City were at the time, lets hope this ends well.

We are still a bigger club than Man City.

We simply aren't though any more, as rose tinted as we'd all like to look at it.  City, Chelsea, Spurs they are all bigger clubs than us now sadly and the gap is growing at an alarming rate!

That's because they all have wealthy, savvy, credible owners.  Give us an ambitious owners of a similar scale and we would soon be back on track.
Title: Re: Tony’s Statement.
Post by: Risso on June 20, 2018, 01:16:20 PM
Manchester City were taken over in 2008, when George Osborne was still in opposition.

Yep, you're right, I was mixing it up with when Osborne guided the Chinese President to Manchester instead of Birmingham back in 2015. The political and economic process of lobbying for huge investment in Manchester was certainly in full swing in 2008, though, and Osborne was right behind it before, during and after being in government.   Without similar behind the scenes influence and movement, we might well be snookered. 

I would think none of that had much to do with it though.  Manchester City had a shiny new stadium that didn't even need to be bought, and the Arab purchasers of City probably considered that a Manchester based football club would be easier to get going again and market worldwide than a Birmingham one.
Title: Re: Tony’s Statement.
Post by: Duncan Shaw on June 20, 2018, 01:21:46 PM
Manchester City were taken over in 2008, when George Osborne was still in opposition.

Yep, you're right, I was mixing it up with when Osborne guided the Chinese President to Manchester instead of Birmingham back in 2015. The political and economic process of lobbying for huge investment in Manchester was certainly in full swing in 2008, though, and Osborne was right behind it before, during and after being in government.   Without similar behind the scenes influence and movement, we might well be snookered. 

I would think none of that had much to do with it though.  Manchester City had a shiny new stadium that didn't even need to be bought, and the Arab purchasers of City probably considered that a Manchester based football club would be easier to get going again and market worldwide than a Birmingham one.

This is true, we are the Second City reaally in name only now.  The media (Beeb especially) and Government bias towards Manchester as the only other place worth talking about than London now is overwhelming!
Title: Re: Tony’s Statement.
Post by: ASHTONVILLA on June 20, 2018, 01:50:21 PM

This is true, we are the Second City reaally in name only now.  The media (Beeb especially) and Government bias towards Manchester as the only other place worth talking about than London now is overwhelming!

 It is not even the biggest city in its own region, Liverpool is larger. Birmingham is bigger and better in every metric, except in marketing itself.
Title: Re: Tony’s Statement.
Post by: PeterWithesShin on June 20, 2018, 01:54:17 PM
Leeds and Bristol have higher populations as well and Sheffield is only just behind. They cheat with all that Greater Manchester guff.
Title: Re: Tony’s Statement.
Post by: Drummond on June 20, 2018, 02:10:53 PM
It's the Greater Manchester thing isn't it. Manchester itself isn't huge, but tag on Oldham, Salford, Trafford, Bolton, etc and it soon mounts up.

According to the ONS, 2016 population figures.

Manchester - 549k
Leeds - 500k
Liverpool - 572k
Sheffield - 542k
Newcastle - 282k
Birmingham - 1,141k
London - 8,476k

Birmingham is at least twice the size of anything other than London.
Title: Re: Tony’s Statement.
Post by: Risso on June 20, 2018, 03:53:05 PM
I tend to think of everything inside the M60 as Manchester, even if it actually isn't, like Salford.  Everything outside it like Bolton and Bury is very much "Greater" Manchester.  I can't think of anywhere else in the UK off the top of my head where you've got two cities separated by about a 5 metre width of river.
Title: Re: Tony’s Statement.
Post by: paul_e on June 20, 2018, 04:02:06 PM
I tend to think of everything inside the M60 as Manchester, even if it actually isn't, like Salford.  Everything outside it like Bolton and Bury is very much "Greater" Manchester.  I can't think of anywhere else in the UK off the top of my head where you've got two cities separated by about a 5 metre width of river.

Technically London and Westminster but that really just proves your point.  I'd largely agree with you.


However, by the same criteria I'd argue that Sandwell and Solihull are part of Birmingham.  In both of those cases it's literally a case of crossing a road in a number of places.
Title: Re: Tony’s Statement.
Post by: PeterWithesShin on June 20, 2018, 04:21:52 PM
Sandwell definitely, as an example Bearwood is Sandwell despite being a lot closer to the city center than most Birmingham suburbs.
Title: Re: Tony’s Statement.
Post by: paul_e on June 20, 2018, 04:31:08 PM
Sandwell definitely, as an example Bearwood is Sandwell despite being a lot closer to the city center than most Birmingham suburbs.

Yeah Bearwood is silly but i you look at the solihull council border map around places like Marston Green, Castle Brom and Kingshurst (https://mapit.mysociety.org/area/2538.html) it's clearly 1 place.
Title: Re: Tony’s Statement.
Post by: Duncan Shaw on June 20, 2018, 05:17:56 PM
It just shows what positive media spin can do though doesn't it.  I mean watching the Beeb you'd think Salford (not even in Manchester according to the above) was the centre of the universe
Title: Re: Tony’s Statement.
Post by: LeeB on June 20, 2018, 05:28:00 PM
Sandwell definitely, as an example Bearwood is Sandwell despite being a lot closer to the city center than most Birmingham suburbs.

Yeah Bearwood is silly but i you look at the solihull council border map around places like Marston Green, Castle Brom and Kingshurst (https://mapit.mysociety.org/area/2538.html) it's clearly 1 place.

I’ve spent most of my life living in Castle Bromwich, it’s in Solihull by name only. I’ve always written my address with ‘Birmingham’ in, and if I go into ‘town’ that means Birmingham, and the same goes for everyone I grew up with.

And quite besides, Solihull is shit.

Title: Re: Tony’s Statement.
Post by: SoccerHQ on June 20, 2018, 05:40:26 PM
I still can't fathom how Villa aren't up there with the most successful clubs.

We're the biggest club in England's second city, great infrastructure, lovely stadium, distinctive brand, illustrious history, former
European champions, excellent, loyal fan base and potential for a frankly huge following across the West Mids conurbation and beyond.

The potential is massive. It's a tragedy that for so long we've been run by people lacking the vision and judgment needed to fulfill it.

Over last 20 years we've developed the unwelcome habit of freezing/bottling big chances.

It started in 2000 with how negative we were in the FA cup final. We had a good team in those days but losing that mean likes of Boateng, Ugo, Southgate and David James all wanted to leave and they all did within the next 18 months.

Win that cup and I Imagine they'd have all been happy to stay and we could've kicked on from there.

Lean few years and then Lerner took over. We built up with money to be 7 points clear of Arsenal in February 2009. If we'd kept going we'd have been able to keep Barry (Man. City weren't in CL either when he joined them) and had scope to offer likes of Young and Milner new long term deals.

We then went into decline but there was still a slight chink of light when we reached the cup final in 2015. Let's say we'd have turned in a Liverpool performance and won that and qualified for europa league, maybe likes of Benteke and Delph would've given us one more year and so we could've still been a premier league club when Lerner sold up. That's probably most unlikely of the scenarios though.

We now come to the most obvious one of not winning the 150m game and all the carnage it's now causing.

Fact is in modern football you don't win big games or look like you're a forward thinking progressive club in the league, you're going to lose key players and all the problem that causes.

We just don't tend to be a club that seizes chances to improve our fortunes anymore I'm afraid with hopeless performances in those games so can't complain when those results cause us massive issues as a club.
Title: Re: Tony’s Statement.
Post by: sirlordbaltimore on June 20, 2018, 07:18:02 PM
Over last 20 years we've developed the unwelcome habit of freezing/bottling big chances.
It started in 2000 with how negative we were in the FA cup final

It started WAY before then.

Doug failed to take the risk/plunge numerous times when we had greatness within touching distance.



Title: Re: Tony’s Statement.
Post by: dave.woodhall on June 20, 2018, 07:21:02 PM
Before we start beating ourselves up again, I wonder how many clubs' last six Wembley appearances have all been against clubs above them in the league? We never seem to get a good cup run in a year when the top teams go out early.
Title: Re: Tony’s Statement.
Post by: SoccerHQ on June 20, 2018, 07:23:23 PM
The recent turmoil has made me realise just how much Villa are a constant in my life, it is ghastly imagining a world without them. I dpn't think I could bring myself to ever support another team if the club disappeared.

Surely with a club as large, old and famous as the Villa someone will pitch up and take it off Tony's hands. I hope so, as I have zero confidence in him to get us through this. When Man City had issues wioth their dodgy Thai owner (Taksim Shinawatra?) they managed to pull a rabbit out of the hat by finding very wealthy new owners. Villa are far bigger than Man City were at the time, lets hope this ends well.

We are still a bigger club than Man City.

I agree. It is a shitty state of affairs when pisspot teams like City and Chelsea have managed to spend their way big, but rules stop larger clubs like Villa from doing the same. I don't see what is fair about FFP, load of old bollocks.

We did spend big though and still achieved nothing.

Have to say spending 50m and not even being able to get promoted from the flipping championship has to be worse than what we failed to achieve under Lerner.
Title: Re: Tony’s Statement.
Post by: SoccerHQ on June 20, 2018, 07:34:03 PM
Over last 20 years we've developed the unwelcome habit of freezing/bottling big chances.
It started in 2000 with how negative we were in the FA cup final

It started WAY before then.

Doug failed to take the risk/plunge numerous times when we had greatness within touching distance.








[/quote]

90s were still a relatively golden period for us though. 92-93 we finished 2nd, 95-96 we were 4th. I also remember a 5th place season in 96/97 being described as underachievement on thr VHS season review of that year.

We also won two major trophies in that time.

Think of how many times in that era we qualified for euro through the league or winning the cup. Think of how many times since 2002 we've qualfied for europe directly through league position (Intertoto dosen't count).

That's what progressive clubs do most seasons and we were doing it in the 90s. 2000 cup final changed the mentality and we've never got it back bar the first few Lerner years where we still fell short of our goals although we tried hard.
Title: Re: Tony’s Statement.
Post by: garyshawsknee on June 20, 2018, 07:39:28 PM
We also nearly got relegated twice in the 90s, I remember it as a period of if onlys.
Title: Re: Tony’s Statement.
Post by: Billy Walker on June 20, 2018, 08:01:47 PM
It's interesting in that when we last finished in the top four, only the top three teams could  qualify for the Champs League (they extended it to four the following year, I think).  Likewise, when we were consistently finishing top six under O'Neill, the only thing the press talked about was the "Top Four"...and now, when we are nowhere near the top six of the Premier League, the "Top Six" has become the place to be for an "elite" club. 
Title: Re: Tony’s Statement.
Post by: dave.woodhall on June 20, 2018, 09:17:30 PM
I'd say I could write the book on our failure to take the final step so often during that period, but I have. Several times.
Title: Re: Tony’s Statement.
Post by: Damo70 on June 20, 2018, 09:28:18 PM
We also nearly got relegated twice in the 90s, I remember it as a period of if onlys.


As well as winning the League, European Cup and Super Cup and getting relegated and promoted in the eighties we also nearly got relegated on two other occasions in that decade. In the eighties we had only three mid table seasons. Other than that it was feast or famine.
Title: Re: Tony’s Statement.
Post by: garyshawsknee on June 20, 2018, 10:08:24 PM
We also nearly got relegated twice in the 90s, I remember it as a period of if onlys.


As well as winning the League, European Cup and Super Cup and getting relegated and promoted in the eighties we also nearly got relegated on two other occasions in that decade. In the eighties we had only three mid table seasons. Other than that it was feast or famine.

Feast or famine has a good ring to it for a club motto.
Title: Re: Tony’s Statement.
Post by: Gareth on June 21, 2018, 08:46:14 AM
Gareth, yes any sale or investment negotiations would be kept secret, although I think investment leaving Tony in control is extremely unlikely.
Portsmouth had built up a huge HMRC debt and one of the reasons why HMRC are less lenient with Football Clubs.
Yes all non Secured and non Football Creditors  can get wiped.
The sale of the club will take time, probably several weeks.
If there is a genuine sale process in place  it is often the case that HMRC will hold off.

All of which has flipped me from being one of the first calling for a statement from the top in the days after Wembley to reassure - now wanting the silence to be worth something in terms of new ownership.
Title: Re: Tony’s Statement.
Post by: TaxDodger on June 21, 2018, 08:57:58 AM
It's interesting in that when we last finished in the top four, only the top three teams could  qualify for the Champs League (they extended it to four the following year, I think).  Likewise, when we were consistently finishing top six under O'Neill, the only thing the press talked about was the "Top Four"...and now, when we are nowhere near the top six of the Premier League, the "Top Six" has become the place to be for an "elite" club. 

It was only the top 2 that qualified for the Champions League when we last came 4th (95/96). Not that that nullifies your broader point, I'm just a pedantic git.
Title: Re: Tony’s Statement.
Post by: cheltenhamlion on June 21, 2018, 09:03:44 AM
We have paid the tax bill in full and have enough working capital to last until Christmas. Doesn't mean our position financially is still not perilous mind
Title: Re: Tony’s Statement.
Post by: john e on June 21, 2018, 09:33:59 AM
We have paid the tax bill in full and have enough working capital to last until Christmas. Doesn't mean our position financially is still not perilous mind


Yaaaaay
Title: Re: Tony’s Statement.
Post by: Fred Crump on June 21, 2018, 09:39:22 AM
We have paid the tax bill in full and have enough working capital to last until Christmas. Doesn't mean our position financially is still not perilous mind
I may have missed something, but do we definitely know this as fact ?
Title: Re: Tony’s Statement.
Post by: Risso on June 21, 2018, 11:14:23 AM
We have paid the tax bill in full and have enough working capital to last until Christmas. Doesn't mean our position financially is still not perilous mind

Was it more than one month's PAYE we owed then?  What's the plan for after Christmas then, I assume desperately trying to sell the club?
Title: Re: Tony’s Statement.
Post by: Jon Crofts on June 21, 2018, 11:20:31 AM
We have paid the tax bill in full and have enough working capital to last until Christmas. Doesn't mean our position financially is still not perilous mind

Was it more than one month's PAYE we owed then?  What's the plan for after Christmas then, I assume desperately trying to sell the club?


(https://thumb.ibb.co/cOC1h8/CD9215_elf_christmas_card.jpg) (https://ibb.co/cOC1h8)
Title: Re: Tony’s Statement.
Post by: ChicagoLion on June 21, 2018, 11:29:57 AM
We have paid the tax bill in full and have enough working capital to last until Christmas. Doesn't mean our position financially is still not perilous mind

Was it more than one month's PAYE we owed then?  What's the plan for after Christmas then, I assume desperately trying to sell the club?
The worry is, what has he done to get the money.
Sold future transfer payments, future revenue streams?
Hope it’s not  a Glasgow Rangers situation.
Oh dear
Title: Re: Tony’s Statement.
Post by: Holte132 on June 21, 2018, 03:25:57 PM
According to The Telegraph today:

Villa are facing another £5million bill in the latest challenge for owner Dr Tony Xia. Villa have this month's pay-roll and tax to fund by the end of June and are under pressure to find the amount having recently settled a dispute with HMRC to avoid the threat of a winding-up order.

It just goes on and on and on.
Title: Re: Tony’s Statement.
Post by: PeterWithesShin on June 21, 2018, 04:04:05 PM
We have paid the tax bill in full and have enough working capital to last until Christmas. Doesn't mean our position financially is still not perilous mind

Was it more than one month's PAYE we owed then?  What's the plan for after Christmas then, I assume desperately trying to sell the club?

A Christmas miracle.
Title: Re: Tony’s Statement.
Post by: Des Little on June 21, 2018, 04:05:12 PM
Merry Christmas, one and all!
Title: Re: Tony’s Statement.
Post by: cheltenhamlion on June 21, 2018, 05:29:14 PM
We have paid the tax bill in full and have enough working capital to last until Christmas. Doesn't mean our position financially is still not perilous mind

Was it more than one month's PAYE we owed then?  What's the plan for after Christmas then, I assume desperately trying to sell the club?

There has been more than one issue with HMRC. Essentially £50m has been carted in from China so we can pay the bills for the next few months. What the plan is after that I.e. what are we looking to slash the wage bill to or bring in on sales I have no idea. He doesn't appear keen on selling up though.
Title: Re: Tony’s Statement.
Post by: Rudy Can't Fail on June 21, 2018, 05:40:26 PM
I do wonder if the initial shortfall was a deliberate slap to Wyness who had promised him promotion with Bruce and then when we missed out requested more funds. Whatever it was, there appeared to be a massive breakdown in communication between the two.
Title: Re: Tony’s Statement.
Post by: kippaxvilla2 on June 21, 2018, 05:44:31 PM
 John Percy
21 JUNE 2018 • 5:31PM
Aston Villa are set to avoid the threat of another financial crisis after owner Dr Tony Xia assured the Championship club around £5m in funds.

Villa are confident of paying this month’s pay-roll and tax bill on time, as it emerged talks were held this week with the Football League over their future plans.

Shaun Harvey, the EFL’s chief executive, has met with Villa officials and is understood to have received assurances that Xia is working hard to source outside investment and meet the club’s financial obligations.

Xia has been struggling with cash-flow issues in China and was late making a payment to HMRC in May, but has since provided the money to keep the club running for at least another month. It is understood the first round of June’s payments are due on Friday.

Though Villa’s problems are far from over, it suggests Xia remains determined to solve their financial worries and avert the nightmare scenario of administration.

Villa remain under pressure to raise over £40million over the next two transfer windows to comply with Financial Fair Play regulations, with the future of Jack Grealish still uncertain.

Grealish is a target for Tottenham Hotspur, as revealed by Telegraph Sport, and Mauricio Pochettino is set to test Villa’s resolve with an opening offer of £15m.

Chelsea and West Ham are also interested in the England Under-21 international, and it seems inevitable the homegrown attacker will be sold after Villa’s failure to beat Fulham in last month’s play-off final.
Title: Re: Tony’s Statement.
Post by: Ads on June 21, 2018, 05:53:05 PM
According to The Telegraph today:

Villa are facing another £5million bill in the latest challenge for owner Dr Tony Xia. Villa have this month's pay-roll and tax to fund by the end of June and are under pressure to find the amount having recently settled a dispute with HMRC to avoid the threat of a winding-up order.

It just goes on and on and on.

It's not really a story is it. Breaking news Ads will have to meet a tax liability next Thursday when he's paid!
Title: Re: Tony’s Statement.
Post by: Pat McMahon on June 21, 2018, 06:38:42 PM
According to The Telegraph today:

Villa are facing another £5million bill in the latest challenge for owner Dr Tony Xia. Villa have this month's pay-roll and tax to fund by the end of June and are under pressure to find the amount having recently settled a dispute with HMRC to avoid the threat of a winding-up order.

It just goes on and on and on.

It's not really a story is it. Breaking news Ads will have to meet a tax liability next Thursday when he's paid!

You're being ripped off Ads. The true HMRC deadline is 19 July!
Title: Re: Tony’s Statement.
Post by: Nastylee on June 21, 2018, 09:11:52 PM
Every club in the country have bills to pay so a story that Villa can pay them is a bit of a non-story.
Title: Re: Tony’s Statement.
Post by: Ads on June 21, 2018, 09:31:14 PM
According to The Telegraph today:

Villa are facing another £5million bill in the latest challenge for owner Dr Tony Xia. Villa have this month's pay-roll and tax to fund by the end of June and are under pressure to find the amount having recently settled a dispute with HMRC to avoid the threat of a winding-up order.

It just goes on and on and on.

It's not really a story is it. Breaking news Ads will have to meet a tax liability next Thursday when he's paid!

You're being ripped off Ads. The true HMRC deadline is 19 July!

I can always tell the deadline for that as we get harried about clearing account balances for our bonus!
Title: Re: Tony’s Statement.
Post by: Jon Crofts on June 21, 2018, 10:47:09 PM
In other news I paid my corporation tax yesterday, in full and early I’ll have you know.
Title: Re: Tony’s Statement.
Post by: thick_mike on June 21, 2018, 11:45:48 PM
In other news I paid my corporation tax yesterday, in full and early I’ll have you know.

I won second prize in a beauty contest and d collected £25
Title: Re: Tony’s Statement.
Post by: brentastonb6 on June 21, 2018, 11:53:46 PM
I gave Alan Hutton  another year’s  contract, do you think I’d do that if I had no money ?
Yours,
Dr Tony
Title: Re: Tony’s Statement.
Post by: mr underhill on June 22, 2018, 11:09:13 AM
yes but who leveraged the money?
Title: Re: Tony’s Statement.
Post by: Damo70 on June 22, 2018, 03:41:00 PM
In other news I paid my corporation tax yesterday, in full and early I’ll have you know.

I won second prize in a beauty contest and d collected £25

You have got enough there for almost a 50% deposit on one of the cheapest roads in London, Whitechapel Road or Old Kent Road.
Title: Re: Tony’s Statement.
Post by: Newby on June 22, 2018, 08:31:16 PM
Dull isn't it?  Nearly three weeks since the play off final and nothing positive to report at all.  Hopefully things start to move forward next week with Bruce back at work.  At least he might confirm if we have any budget for incoming players, who is leaving etc.  Not a single peep from Tony.
Title: Re: Tony’s Statement.
Post by: Matt Collins on June 22, 2018, 09:13:09 PM
At what point am I going to stop clicking on Evening Mail headlines, finally realising that they never actually report anything that hasn't been reported elsewhere or is just clickbait due to a trivial Instagram update?
Title: Re: Tony’s Statement.
Post by: glinch on June 22, 2018, 09:19:03 PM
At what point am I going to stop clicking on Evening Mail headlines, finally realising that they never actually report anything that hasn't been reported elsewhere or is just clickbait due to a trivial Instagram update?

I'm considering putting a block against it on my computer. Not to mention the fact have sections advertised for Liverpool and Man united - all for the clicks I know. Pure garbage.
Title: Re: Tony’s Statement.
Post by: Damo70 on June 22, 2018, 09:27:04 PM
At what point am I going to stop clicking on Evening Mail headlines, finally realising that they never actually report anything that hasn't been reported elsewhere or is just clickbait due to a trivial Instagram update?

I haven't bothered with the Evening Mail for a few years now except on the odd occasions my parents pass one on to me. When I was a kid I used to wait for it to be delivered so I could read the football pages. Mind you, as a kid I used to read Mr Men books too and I have outgrown them as well.
Title: Re: Tony’s Statement.
Post by: Villafirst on June 23, 2018, 10:47:48 PM
And still Xia remains in China with no sign of him returning to sort this mess out or any statement to us mugs as fans. I really feel like returning my ST and getting a refund......
Title: Re: Tony’s Statement.
Post by: Drummond on June 23, 2018, 10:59:18 PM
Because the chairman hasn't released a statement?

The club have said bills are paid. The manager has a contract. There isn't much that could be said that wouldn't be picked apart, questioned and ripped to pieces.
Title: Re: Tony’s Statement.
Post by: KevinGage on June 23, 2018, 11:00:28 PM
In other news I paid my corporation tax yesterday, in full and early I’ll have you know.

I won second prize in a beauty contest and d collected £25

I was named Miss Tetra Packaging 1987.

It was a grim year in more ways than one.
Title: Re: Tony’s Statement.
Post by: Gareth on June 23, 2018, 11:58:11 PM
And still Xia remains in China with no sign of him returning to sort this mess out or any statement to us mugs as fans. I really feel like returning my ST and getting a refund......

Really?
After Wembley I initially wanted a statement of reassurance but since the proverbial hit the fan with HMRC you have to assume discussions are ongoing with investors or buyers that are subject to non-disclosure.  No point in any statement now until something actually to announce, be it new owners, new cash, administration etc etc
Title: Re: Tony’s Statement.
Post by: ChicagoLion on June 24, 2018, 06:45:03 AM
the meeting with the league would have imposed a date concerning the club being able to provide proof of funds to meet ongoing working capital needs.
Title: Re: Tony’s Statement.
Post by: Nunkin1965 on June 24, 2018, 07:55:04 AM
Do we have to give assurances that we can funfill our fixture list this season?
Title: Re: Tony’s Statement.
Post by: olaftab on June 24, 2018, 08:45:04 AM
In other news I paid my corporation tax yesterday, in full and early I’ll have you know.

I won second prize in a beauty contest and d collected £25
It must have been tough coming second to  Erdington High Street.
Title: Re: Tony’s Statement.
Post by: brian green on June 24, 2018, 08:55:36 AM
*whisper*  There were only two entries.
Title: Re: Tony’s Statement.
Post by: dave shelley on June 24, 2018, 10:23:44 AM
*whisper*  There were only two entries.

A very old joke:

A bloke goes into his local to hear that he'd won second prize in the pub raffle.  'Great' he says. 'What is it?' A night in bed with the barmaid he's told.  'Brilliant' says the man, and out of interest what was first prize?'  His mate tells him 'five bob!'
Title: Re: Tony’s Statement.
Post by: Clark W Griswold on June 24, 2018, 10:39:12 AM
At what point am I going to stop clicking on Evening Mail headlines, finally realising that they never actually report anything that hasn't been reported elsewhere or is just clickbait due to a trivial Instagram update?

I've stopped. I ain't supporting click bait.
Title: Re: Tony’s Statement.
Post by: Walmley_Villa on June 25, 2018, 10:20:21 AM
https://twitter.com/thatcherlover/status/1011167226567843840 (https://twitter.com/thatcherlover/status/1011167226567843840)

Suggesting we are selling off future transfer fees
Title: Re: Tony’s Statement.
Post by: Risso on June 25, 2018, 11:19:40 AM
That's not embarrassing at all.  We're effectively going to Cash Convertors and telling all our mates we're skint.
Title: Re: Tony’s Statement.
Post by: brian green on June 25, 2018, 11:46:22 AM
And telling potential N'Zogbias, Agbonlahors, Richardss, McCormacks and Lescotts to fuck off and find somebody else to rob.
Title: Re: Tony’s Statement.
Post by: pauliewalnuts on June 25, 2018, 11:57:21 AM
That's not embarrassing at all.  We're effectively going to Cash Convertors and telling all our mates we're skint.

Oh oh but Dr Tony is a gazillionaire!

This humiliation won't end until these fucking clueless chancers move on

Talking of clueless - big up Lerner having us pay for his brainlessness even now that he's gone.
Title: Re: Tony’s Statement.
Post by: ktvillan on June 25, 2018, 12:09:06 PM
It's quite an achievement that Lerner may have out-Douged Doug and found an even bigger idiot than himself to sell the club to.  Who next, Forrest Gump?  Trump? Forrest Trump?
Title: Re: Tony’s Statement.
Post by: PaulWinch again on June 25, 2018, 12:59:49 PM
That's not embarrassing at all.  We're effectively going to Cash Convertors and telling all our mates we're skint.

Oh oh but Dr Tony is a gazillionaire!

This humiliation won't end until these fucking clueless chancers move on

Talking of clueless - big up Lerner having us pay for his brainlessness even now that he's gone.

Yup it’s hideous.
Title: Re: Tony’s Statement.
Post by: Rudy Can't Fail on June 25, 2018, 01:46:39 PM
I'm not going to get all hot and bothered about Risso's tweet unless he can back it up with evidence.
Title: Re: Tony’s Statement.
Post by: GarTomas on June 25, 2018, 02:30:02 PM
The website is down. This is the beginning of the end....
Title: Re: Tony’s Statement.
Post by: Ads on June 25, 2018, 02:35:30 PM
The date of the Assignment confirms that the cash flow issue is historic, which supports the suggestion that Xia has had problems getting funds out of China for at least 12 months. It doesn't discredit the idea that the volume of funds are not as large as suggested, but given the amount he has injected suggests there is or has been a large enough well to draw from. The reluctance to sell could be of course holding out for the best price as far as he is concerned.

Its very difficult to draw any conclusions as the information we have is little and less. We know as much now as we did when he bought the club, i.e., not a lot. We know there have been cashflow problems and we've resorted to factoring income which poses several questions; i.e. has this been resolved? If so with what and for how long? Rumours of a £50m loan would be more than enough to cover the injections of cash Xia had been giving.

I wonder if there was a reason an Aussie bank was used beyond rates?
Title: Re: Tony’s Statement.
Post by: kippaxvilla2 on June 25, 2018, 02:43:52 PM
Caution....This is from The Mirror....

Aston Villa takeover latest: Prospective buyers circle crisis club - but Dr Tony Xia wants to stay

Championship Villa are in the grip of a major crisis after missing out on the Premier League in the play-off final

Prospective buyers continue to eye crisis-hit Aston Villa despite embattled owner Dr Tony Xia insisting he doesn't want to sell.

Championship Villa are in the grip of a major crisis after missing out on the Premier League in the play-off final.

Chairman Xia is trying to remain in charge but has been unable to source substantial cash from his native China since last August.

The club were late paying a tax bill last month and CEO Keith Wyness has left and is suing for constructive dismissal.

Xia is now relying on loans to limp on as he searches for other stakeholders to join but allow him to retain control.


Xia insists he does not want to sell the club (Image: Birmingham Mail)

Villa are in financial despair after the playoff final defeat (Image: Action Images via Reuters)
Yet Mirror Sport understands there are serious buyers interested in owning Villa outright who believe Xia will have to listen if the club is on the brink of going under.

They feel they will get a chance if Xia has no other option but to put the club into administration, which would incur a 12-point penalty.

That was among the advice from Wyness,60, which drew him into conflict with Xia after the devastating play-off loss to Fulham.

Wyness maintains he was fulfilling his obligations to creditors as a director to look at getting money in to avoid being insolvent.

Under the guidance of blue chip advisors, Wyness explored both administration and selling up.


Keith Wyness has departed the club (Image: REUTERS)
But Xia objected and suspended Wyness before he walked away earlier this month and has since started legal proceedings which could cost Villa up to £6million.

Boss Steve Bruce's squad return for pre-season next Wednesday on July 4 before travelling to Portugal on July 5.

Player sales are expected with Tottenham chasing Jack Grealish and James Chester also likely to attract bids.

Xia has previously blamed Villa's “severe” problems on Financial Fair Play rules and claimed he cannot get his cash out of China.

But there are concerns the self-styled tycoon, who has turned up at the training ground in a Uber, simply doesn't have the funds he pledged when he bought out Randy Lerner in 2016.
Title: Re: Tony’s Statement.
Post by: john e on June 25, 2018, 02:50:46 PM
That's not embarrassing at all.  We're effectively going to Cash Convertors and telling all our mates we're skint.

Oh oh but Dr Tony is a gazillionaire!

This humiliation won't end until these fucking clueless chancers move on

Talking of clueless - big up Lerner having us pay for his brainlessness even now that he's gone.

Remember all those times in the past couple of seasons when we mentioned that all things might not be as we were led to believe about Xia

and we got shouted down every time for shit stirring and doomongering
Title: Re: Tony’s Statement.
Post by: ChicagoLion on June 25, 2018, 03:27:53 PM
We have paid the tax bill in full and have enough working capital to last until Christmas. Doesn't mean our position financially is still not perilous mind

Was it more than one month's PAYE we owed then?  What's the plan for after Christmas then, I assume desperately trying to sell the club?
The worry is, what has he done to get the money.
Sold future transfer payments, future revenue streams?
Hope it’s not  a Glasgow Rangers situation.
Oh dear
This could get ugly
Title: Re: Tony’s Statement.
Post by: andyh on June 25, 2018, 03:47:26 PM
The website is down. This is the beginning of the end....
Someone twittered recently that this was on the cards.
Surely it’s ‘just’ a maintenance issue?..............surely?
Title: Re: Tony’s Statement.
Post by: Des Little on June 25, 2018, 03:57:02 PM
We have paid the tax bill in full and have enough working capital to last until Christmas. Doesn't mean our position financially is still not perilous mind

Was it more than one month's PAYE we owed then?  What's the plan for after Christmas then, I assume desperately trying to sell the club?
The worry is, what has he done to get the money.
Sold future transfer payments, future revenue streams?
Hope it’s not  a Glasgow Rangers situation.
Oh dear
This could get ugly

Get ugly?  Right now it's pretty similar to a 6 pint darling at 11pm in Sam Wellers
Title: Re: Tony’s Statement.
Post by: wittonwarrior on June 25, 2018, 04:37:00 PM
If we had  have beaten Fulham, would the financial problems have shown themselves in some guise? 
Title: Re: Tony’s Statement.
Post by: Drummond on June 25, 2018, 04:37:22 PM
That Mirror article just regurgitates the same old shit that has been in every other article since the news originally broke.

There is just speculation and nothing particularly scary. The other issue is around this factoring thing, it isn't anything new is it? Isn't it just the old stuff being brought more formally to light?
Title: Re: Tony’s Statement.
Post by: john e on June 25, 2018, 04:54:51 PM
That Mirror article just regurgitates the same old shit that has been in every other article since the news originally broke.

There is just speculation and nothing particularly scary. The other issue is around this factoring thing, it isn't anything new is it? Isn't it just the old stuff being brought more formally to light?

if we were on the Titanic you would be the one playing the violin saying 'it's just a drop of water'
i would be the guy dressing up as a woman to get on the lifeboats
Title: Re: Tony’s Statement.
Post by: ChicagoLion on June 25, 2018, 04:58:08 PM
If we had  have beaten Fulham, would the financial problems have shown themselves in some guise?
Impossible to tell.
The short term borrowing would eventually be repaid from the PL bonanza  maybe there was significant investment lined up for the club and those other projects.
On the other hand perhaps the wreck less approach to the way the club was run continued.
Title: Re: Tony’s Statement.
Post by: ChicagoLion on June 25, 2018, 05:01:06 PM
It’s not what most people recognize as Factoring.
Title: Re: Tony’s Statement.
Post by: ChicagoLion on June 25, 2018, 05:04:55 PM
That Mirror article just regurgitates the same old shit that has been in every other article since the news originally broke.

There is just speculation and nothing particularly scary. The other issue is around this factoring thing, it isn't anything new is it? Isn't it just the old stuff being brought more formally to light?

if we were on the Titanic you would be the one playing the violin saying 'it's just a drop of water'
i would be the guy dressing up as a woman to get on the lifeboats
Any excuse  ;)
Title: Re: Tony’s Statement.
Post by: Drummond on June 25, 2018, 05:10:10 PM
That Mirror article just regurgitates the same old shit that has been in every other article since the news originally broke.

There is just speculation and nothing particularly scary. The other issue is around this factoring thing, it isn't anything new is it? Isn't it just the old stuff being brought more formally to light?

if we were on the Titanic you would be the one playing the violin saying 'it's just a drop of water'
i would be the guy dressing up as a woman to get on the lifeboats

I'd be the officer, telling the women and children to stay calm and that we'd get them in a boat.

You'd be the one clambering to the highest point in order to be the last one in the water, then chucking yourself in when it's at it's highest point thus killing yourself with the impact from the fall rather than waiting for it to sink and hoping you'd get picked up.
Title: Re: Tony’s Statement.
Post by: john e on June 25, 2018, 05:13:38 PM
That Mirror article just regurgitates the same old shit that has been in every other article since the news originally broke.

There is just speculation and nothing particularly scary. The other issue is around this factoring thing, it isn't anything new is it? Isn't it just the old stuff being brought more formally to light?

if we were on the Titanic you would be the one playing the violin saying 'it's just a drop of water'
i would be the guy dressing up as a woman to get on the lifeboats
Any excuse  ;)

only at weekends
Title: Re: Tony’s Statement.
Post by: ronshirt on June 25, 2018, 06:16:25 PM
Just get KPMG to look at the books. Hey Presto! We're the richest club in the country.
Title: Re: Tony’s Statement.
Post by: PaulWinch again on June 25, 2018, 07:36:05 PM
I don’t really see how he can hang onto power. If he has no money he’s got nowhere to go but out.
Title: Re: Tony’s Statement.
Post by: kippaxvilla2 on June 25, 2018, 08:16:49 PM
We will be fine.  Most self made billionaires take advances on transfer fees from Australian high interest lenders.  It’s completely normal.
Title: Re: Tony’s Statement.
Post by: VILLA MOLE on June 25, 2018, 08:30:52 PM
That Mirror article just regurgitates the same old shit that has been in every other article since the news originally broke.

There is just speculation and nothing particularly scary. The other issue is around this factoring thing, it isn't anything new is it? Isn't it just the old stuff being brought more formally to light?

if we were on the Titanic you would be the one playing the violin saying 'it's just a drop of water'
i would be the guy dressing up as a woman to get on the lifeboats
Any excuse  ;)

only at weekends


thankyou for making me laugh at this dark time
Title: Re: Tony’s Statement.
Post by: Fred Crump on June 25, 2018, 08:34:22 PM
There's only one way to save us now.....call International Rescue ( cue Thunderbirds music).
Title: Re: Tony’s Statement.
Post by: PeterWithesShin on June 25, 2018, 08:44:21 PM
I'm not sure Fuzzbox can save us.

Title: Re: Tony’s Statement.
Post by: Fred Crump on June 25, 2018, 08:46:42 PM
I'm not sure Fuzzbox can save us.



Looks a more credible alternative than Tony's approach
Title: Re: Tony’s Statement.
Post by: Behind Bluenose Lines on June 25, 2018, 08:51:51 PM
There's only one way to save us now.....call International Rescue ( cue Thunderbirds music).

Perhaps Parker can put Lady Penelope's pink Rolls next to Doug's in the Villa car park then!
Title: Re: Tony’s Statement.
Post by: CT on June 25, 2018, 08:58:57 PM
There's only one way to save us now.....call International Rescue ( cue Thunderbirds music).

Only Flash Gordon can save us now.
Title: Re: Tony’s Statement.
Post by: Exeter 77 on June 25, 2018, 09:06:48 PM
There's only one way to save us now.....call International Rescue ( cue Thunderbirds music).

Only Flash Gordon can save us now.
Gordon's alive!!!
Title: Re: Tony’s Statement.
Post by: thick_mike on June 25, 2018, 09:09:52 PM
There's only one way to save us now.....call International Rescue ( cue Thunderbirds music).

Only Flash Gordon can save us now.
Gordon's alive!!!
(https://thumb.ibb.co/kw8uS8/5_AA8774_E_D15_C_419_A_9567_D0_C443320_A90.jpg) (https://ibb.co/kw8uS8)
Title: Re: Tony’s Statement.
Post by: ChicagoLion on June 25, 2018, 09:33:20 PM
There's only one way to save us now.....call International Rescue ( cue Thunderbirds music).

Perhaps Parker can put Lady Penelope's pink Rolls next to Doug's in the Villa car park then!
Some twat from marketing will thinks it’s claret and that will be another shit shirt for a season.
Title: Re: Tony’s Statement.
Post by: Pat McMahon on June 25, 2018, 10:21:23 PM
Do we have to give assurances that we can funfill our fixture list this season?
I don’t think we have fun filled our fixtures in years
Title: Re: Tony’s Statement.
Post by: VinnieChase84 on June 26, 2018, 08:01:38 AM
We are still massively in the shit, really hope this investor or sale can get sorted before the season starts.
The fact we’ve needed to set up a loan against the £1m Sanchez sale, scheduled for us to receive on July 6th and get the cash early mid June speaks volumes
Title: Re: Tony’s Statement.
Post by: aj2k77 on June 26, 2018, 08:15:17 AM
Any news from this dickhead today? He's very quiet on twatter all of a sudden.
Title: Re: Tony’s Statement.
Post by: eamonn on June 26, 2018, 08:27:33 AM
We are still massively in the shit, really hope this investor or sale can get sorted before the season starts.
The fact we’ve needed to set up a loan against the £1m Sanchez sale, scheduled for us to receive on July 6th and get the cash early mid June speaks volumes

Is that actually true?
Title: Re: Tony’s Statement.
Post by: VinnieChase84 on June 26, 2018, 08:49:14 AM
We are still massively in the shit, really hope this investor or sale can get sorted before the season starts.
The fact we’ve needed to set up a loan against the £1m Sanchez sale, scheduled for us to receive on July 6th and get the cash early mid June speaks volumes

Is that actually true?

Yes, you can see the documents on companies house. We taken out a loan against the £1.7m still owed to us from Fiorentina
Title: Re: Tony’s Statement.
Post by: Walmley_Villa on June 26, 2018, 08:51:21 AM
We are still massively in the shit, really hope this investor or sale can get sorted before the season starts.
The fact we’ve needed to set up a loan against the £1m Sanchez sale, scheduled for us to receive on July 6th and get the cash early mid June speaks volumes

Is that actually true?

Yes, you can see the documents on companies house. We taken out a loan against the £1.7m still owed to us from Fiorentina

Referred to in the link I embedded in an earlier post (yesterday). I'm guessing ti help fill the gap when the bills are due at the end of the week.

I just worry this is going to get worse before it gets better.
Title: Re: Tony’s Statement.
Post by: brian green on June 26, 2018, 09:03:07 AM
I worry that our plight seems to be mirroring political churning.  It cannot be coincidence that the Trump provoked trade war with China has resulted in the clamping down of Chinese capital movements.  We are as bad scalded as burnt as the old Birmingham saying goes.  We either have an owner who has no money or an owner who has money but cannot move it.

If we get out of this without liquidation, administration, relegation or points deduction I will consider it the dodging of at salvo of bullets.  Bit like the end of Butch Cassidy and the Sundance Kid.
Title: Re: Tony’s Statement.
Post by: Risso on June 26, 2018, 09:20:45 AM
I worry that our plight seems to be mirroring political churning.  It cannot be coincidence that the Trump provoked trade war with China has resulted in the clamping down of Chinese capital movements.  We are as bad scalded as burnt as the old Birmingham saying goes.  We either have an owner who has no money or an owner who has money but cannot move it.

If we get out of this without liquidation, administration, relegation or points deduction I will consider it the dodging of at salvo of bullets.  Bit like the end of Butch Cassidy and the Sundance Kid.

The Chinese capital controls go back a lot further than the Trump issue Brian.
Title: Re: Tony’s Statement.
Post by: mr underhill on June 26, 2018, 09:24:03 AM
Yes I realize Trump is blamed for just about everything negative in the world but I honestly think on this occasion he's not guilty.
Title: Re: Tony’s Statement.
Post by: VinnieChase84 on June 26, 2018, 09:31:14 AM
I've read and seen many a report that says recently the cash restrictions on getting out of China has become easier not harder!?
To echo Walmley_Villa - i too fear this is going to get uglier before i can become better.
Title: Re: Tony’s Statement.
Post by: andyh on June 26, 2018, 11:00:14 AM
Surely a ‘so called billionaire’ needing to take a loan (for such a small amount in football terms) against a pending payment is akin to someone ‘normal’ looking down the the back of the settee for quid to buy a pint of milk.

These financial shenanigans really don’t look very good.
Title: Re: Tony’s Statement.
Post by: VinnieChase84 on June 26, 2018, 11:16:16 AM
Movement at companies house this morning with shares being issued in Villa and also Recon
Title: Re: Tony’s Statement.
Post by: mr underhill on June 26, 2018, 11:22:08 AM
what does that mean in plain English?
Title: Re: Tony’s Statement.
Post by: Ricky on June 26, 2018, 11:29:57 AM
From Carl Palmer who I follow on Twitter... Further development at Companies House for #AVFC - The arrival of £142,061,725 capital has just been notified for Aston Villa Football Club
Title: Re: Tony’s Statement.
Post by: Chico Hamilton III on June 26, 2018, 11:31:53 AM
I’m re-reading the FT article on Xia from May 2016, questioning his, background, credentials, lies etc. The clues were all there in the article.
Title: Re: Tony’s Statement.
Post by: liam on June 26, 2018, 11:38:15 AM
Saying 57 million £1 shares just been made available, which at £120M Valuation of the club is 49% stake of the club....someone investing?
Title: Re: Tony’s Statement.
Post by: andyh on June 26, 2018, 11:38:25 AM
Hold on...£142 MILLION ??
Title: Re: Tony’s Statement.
Post by: AsTallAsLions on June 26, 2018, 11:39:52 AM
Something's afoot.
Title: Re: Tony’s Statement.
Post by: GarTomas on June 26, 2018, 11:40:51 AM
From Carl Palmer who I follow on Twitter... Further development at Companies House for #AVFC - The arrival of £142,061,725 capital has just been notified for Aston Villa Football Club

I think they misunderstand what the form explains.
Title: Re: Tony’s Statement.
Post by: Ricky on June 26, 2018, 11:40:57 AM

(https://thumb.ibb.co/nQmNh8/Dgn_Dpo_NX0_AAhsa_C_jpg_large.jpg) (https://ibb.co/nQmNh8)
Title: Re: Tony’s Statement.
Post by: Ricky on June 26, 2018, 11:41:47 AM
Possibly Gar, way above my head.
Title: Re: Tony’s Statement.
Post by: Brassneck on June 26, 2018, 11:43:55 AM
From Carl Palmer who I follow on Twitter... Further development at Companies House for #AVFC - The arrival of £142,061,725 capital has just been notified for Aston Villa Football Club

Yes, just read his tweets made today.  He also says this:

Quote
57 Million Pounds worth of £1 shares just made available in #AVFC ... If @Dr_TonyXia is selling a 49% minority share, then this looks like it's getting closer. All lining up with his estimated valuation of £120M for the club.

Not sure what the £142,061,725 figure is all about though?  Perhaps someone more informed and clued up than myself would care to explain what this could mean?
Title: Re: Tony’s Statement.
Post by: VinnieChase84 on June 26, 2018, 11:51:25 AM
From Carl Palmer who I follow on Twitter... Further development at Companies House for #AVFC - The arrival of £142,061,725 capital has just been notified for Aston Villa Football Club

Yes, just read his tweets made today.  He also says this:

Quote
57 Million Pounds worth of £1 shares just made available in #AVFC ... If @Dr_TonyXia is selling a 49% minority share, then this looks like it's getting closer. All lining up with his estimated valuation of £120M for the club.

Not sure what the £142,061,725 figure is all about though?  Perhaps someone more informed and clued up than myself would care to explain what this could mean?

Recon UK has issued shares too
Title: Re: Tony’s Statement.
Post by: Woofles The Wonder Dog on June 26, 2018, 11:52:36 AM
My reading would have been that £142m shares have been issued by Tony. He can then sell a proportion to some mug in the hope that he can keep control and get some cash injected.
Title: Re: Tony’s Statement.
Post by: andyh on June 26, 2018, 11:54:56 AM
The big question is.....if  XX number have shares have been issued, has someone bought them?

Wouldn’t a purchaser be listed on the companies house entry?
Title: Re: Tony’s Statement.
Post by: leylandalbion on June 26, 2018, 11:55:48 AM
So does this mean any one can buy shares in the club?
Title: Re: Tony’s Statement.
Post by: Woofles The Wonder Dog on June 26, 2018, 11:58:21 AM
So does this mean any one can buy shares in the club?

As they don’t seem to be publicly listed, no. But if you wrote to the owner and offered to buy a few million I’m sure he’d oblige. Don’t expect a say in the way things are run though.
Title: Re: Tony’s Statement.
Post by: andyh on June 26, 2018, 12:18:33 PM
Jack posted a picture of himself last night with the label ‘good times’. Does he know something?

#puttingtwoandtwotogetherandcomingupwithamillion
Title: Re: Tony’s Statement.
Post by: GarTomas on June 26, 2018, 12:34:50 PM
The total share capital is now £142m.

Increased due to the issuance of 57m more for £1 each.

Identity of the purchaser isn’t disclosed though. Xia could of converted debt to equity which means nothing really in terms of new investment.

If he’s looking to sell shares though it means someone can’t buy the club and run it without his control.
Title: Re: Tony’s Statement.
Post by: GarTomas on June 26, 2018, 12:38:59 PM
It was also done on 25th May so isn’t a recent development per se but only being reported now.
Title: Re: Tony’s Statement.
Post by: Risso on June 26, 2018, 12:48:02 PM
There was a £50m loan due back to the parent company.  I wonder if it is swapping debt for equity if it includes that, or if it's a new injection of cash altogether?
Title: Re: Tony’s Statement.
Post by: SO Villa on June 26, 2018, 12:51:58 PM
I’m re-reading the FT article on Xia from May 2016, questioning his, background, credentials, lies etc. The clues were all there in the article.

The "Champions League in 5 years" bollocks, or whatever it was, was all I needed to hear to set major alarm bells ringing.
Title: Re: Tony’s Statement.
Post by: john2710 on June 26, 2018, 12:59:11 PM
Whatever the final outcome of all this, Tony Xia should hang his head in shame that an institution like Aston Villa should ever get into the mess that it currently is.
Title: Re: Tony’s Statement.
Post by: GarTomas on June 26, 2018, 12:59:41 PM
There was a £50m loan due back to the parent company.  I wonder if it is swapping debt for equity if it includes that, or if it's a new injection of cash altogether?

I see it as a conversion given it’s both back dated and not being widely reported that we are more stable financially.
Title: Re: Tony’s Statement.
Post by: Chico Hamilton III on June 26, 2018, 01:00:50 PM
I’m re-reading the FT article on Xia from May 2016, questioning his, background, credentials, lies etc. The clues were all there in the article.

The "Champions League in 5 years" bollocks, or whatever it was, was all I needed to hear to set major alarm bells ringing.


And that he controlled 5 publicity listed companies. And that he helped build the Bird’s Nest stadium. Both of which claims were shrugged off as “miscommunication”. Or “bullshit” as we like to call it. I wonder what other miscommunications he’s made?
Title: Re: Tony’s Statement.
Post by: UK Redsox on June 26, 2018, 01:02:04 PM
Unpaid shares showing as 0. Therefore, this is either debt for equity or new funds.

I suspect the former

Link (https://document-api-images-prod.s3.eu-west-1.amazonaws.com/docs/p0KSMx2tsHYJWBTvEcax92XrgiH4hmUFeuH6kXrmChg/application-pdf?X-Amz-Algorithm=AWS4-HMAC-SHA256&X-Amz-Content-Sha256=UNSIGNED-PAYLOAD&X-Amz-Credential=ASIAIGJYJC5YBXCAXZDQ%2F20180626%2Feu-west-1%2Fs3%2Faws4_request&X-Amz-Date=20180626T115718Z&X-Amz-Expires=60&X-Amz-Security-Token=FQoDYXdzEKT%2F%2F%2F%2F%2F%2F%2F%2F%2F%2FwEaDD%2F3fgLfRALRcRCjmSK3A8z1wB25NwS0%2BPWmzO8%2FBKURVrrk%2FCPLTyglHJ1OtARGM3nBO%2BFOSPYdZ6kA35D4HMXu0jO4BFgIn6rfJvOzUlzekOs%2B93KRooON4xTcZvgxPIZ%2B9fyg0B4wpzLGeY8pIGZoiFYOxtL2aZjtvYejwhHIfwjykN%2BC5BSeHqHwExZd%2B%2B7GMY0b2jrBNx45u%2BgI%2BmkDLyXY03uYqycstSML50vuwFh0bEZp2Mr5JDJ3hpS204OlsNJmnoaQgr0mqnGosE9du1l%2BlF4Nsil4gCuC6Tch5ltt989Si8ukNQZqfB8RnjQXMke4bxLBhfbYh1%2FceSLXKPz2LezLrX%2FO7TvNLYozVITawf0yJGyaWXkTSegGUgDZw5BjNWRt1q3LOOBrYEsIogaDqxyxaNb4wE9d2LFETk5ZaXjJJAt7qfuf4UDOWQvmRjSqaguanygscfkwMN1FMNjD8qbB1KsCAGdr0iQ53uQ46XwgyZLPBkjdAHOchiMjR2UV9c1aycoiciHYMXMCy60i1uLw402xWUEwfwKooFglBRjWg9E0tvq3WlplLSRvUcVJ1br4YeiY7Q4wiOPUq3EHU5AojcHI2QU%3D&X-Amz-SignedHeaders=host&X-Amz-Signature=321f19dd8b1d02c1be177d5900ab68928fa609bc703c964f80a2f7f29890ba50)
Title: Re: Tony’s Statement.
Post by: achilles on June 26, 2018, 01:07:07 PM
Excuse my ignorance but how can you convert debt to equity?
Title: Re: Tony’s Statement.
Post by: GarTomas on June 26, 2018, 01:14:22 PM
Excuse my ignorance but how can you convert debt to equity?

Companies are either funded by debt or equity (or a combination of both)

So if you can have a company worth £50 that is backed by 50 shares with a value of £1 each or a loan of £50 from an individual or company to the company of £50.

Given Xia is the owner of the club entirely then it makes little difference whether he funds it entirely with debt to him personally or puts the same money into the club and issues shares that he owns.

Except now he’s looking for investment it would be easier to sell the shares rather than the debt as the owner of the shares and not the debt ultimately decide how the company is run.
Title: Re: Tony’s Statement.
Post by: UK Redsox on June 26, 2018, 01:14:27 PM
Excuse my ignorance but how can you convert debt to equity?

Wiki

Quote
In a debt-for-equity swap, a company's creditors generally agree to cancel some or all of the debt in exchange for equity in the company.

Debt for equity deals often occur when large companies run into serious financial trouble, and often result in these companies being taken over by their principal creditors. This is because both the debt and the remaining assets in these companies are so large that there is no advantage for the creditors to drive the company into bankruptcy. Instead the creditors prefer to take control of the business as a going concern. As a consequence, the original shareholders' stake in the company is generally significantly diluted in these deals and may be entirely eliminated
Title: Re: Tony’s Statement.
Post by: achilles on June 26, 2018, 01:18:39 PM
Cheers for those explanations.
Title: Re: Tony’s Statement.
Post by: ChicagoLion on June 26, 2018, 02:27:50 PM
A slight problem with the above explanation.
Not all Debt Equity swaps result in the creditors gaining control of the company
Title: Re: Tony’s Statement.
Post by: mr underhill on June 26, 2018, 03:35:07 PM
must be the heat because I don't get this - Tone owns the club debt and equity so who are the creditors other than HSBC?
Title: Re: Tony’s Statement.
Post by: Des Little on June 26, 2018, 03:54:20 PM
Can we make this like Janet & John please?  Are we looking safe from admin or not?
Title: Re: Tony’s Statement.
Post by: Nev on June 26, 2018, 04:01:47 PM
Can we make this like Janet & John please?  Are we looking safe from admin or not?

Amen brother, the fact that something happened on the 25th May before we failed to reach the land of Milk and Honey leaves me even more confused.
Title: Re: Tony’s Statement.
Post by: ChicagoLion on June 26, 2018, 04:05:57 PM
We don’t know who the real sources of the funds that have leant to and purchased the club.
Because there is no way of establishing sources of capital in relation to Chines Individuals or entities.
These filings as far as I understand represent changes to the share structures only, this may be the precursor to new capital being introduced and or a change in ownership of shares but we don’t know that.

Title: Re: Tony’s Statement.
Post by: kippaxvilla2 on June 26, 2018, 04:11:42 PM
The most logical conclusion is that the loan owed to one of his companies £50m has been converted to equity.  The rest is to create room for new investor(s) who could be anyone knowing this fella it’s probably another one in his great, vast empire.
Title: Re: Tony’s Statement.
Post by: GarTomas on June 26, 2018, 04:19:04 PM
A slight problem with the above explanation.
Not all Debt Equity swaps result in the creditors gaining control of the company

Agreed. Given Xia is both equity and debt holder I don’t see there being any change in ownership or control yet.
Title: Re: Tony’s Statement.
Post by: john e on June 26, 2018, 04:26:58 PM
I don’t live to far away from Bletchley
I’ll pop up to Bletchley Park and nab the codebreaker might help to sort out Xia’s financial situation

the blokes his own Enigma
Title: Re: Tony’s Statement.
Post by: brian green on June 26, 2018, 04:31:14 PM
He's his own worst enema.
Title: Re: Tony’s Statement.
Post by: Woofles The Wonder Dog on June 26, 2018, 04:33:13 PM
It looks like something’s being set up for a change, though the proliferation of various Recon and Aston Villa companies looks a bit smelly. What I think (and who knows) is the parent company in the UK, Recon Group UK Ltd, has issued 69.5m £1 shares, as well as one of the Aston Villa entities creating the aforementioned 142m.

So in short, something is happening, either legit, shady, or just plain obfuscating. Whatever, we hang by a thread I suspect.
Title: Re: Tony’s Statement.
Post by: ChicagoLion on June 26, 2018, 06:56:15 PM
If New owners Investors had been found then of course it would be usual to change the share structure, complete contracts and make an announcement simultaneously.
Title: Re: Tony’s Statement.
Post by: Ads on June 26, 2018, 07:06:41 PM
TEAMAX made a £60 odd million profit last year which doesn't sound like enough funds for our Tone to go mental with a football club. Enough to be as rich as Woodhall mind.
Title: Re: Tony’s Statement.
Post by: Drummond on June 26, 2018, 07:27:14 PM
TEAMAX made a £60 odd million profit last year which doesn't sound like enough funds for our Tone to go mental with a football club. Enough to be as rich as Woodhall mind.

Though he'll do what he can to limit profits to limit tax.
Title: Re: Tony’s Statement.
Post by: The Edge on June 26, 2018, 08:34:53 PM
Do we have to give assurances that we can funfill our fixture list this season?
I don’t think we have fun filled our fixtures in years
You set em up son an I'll knock em in
Title: Re: Tony’s Statement.
Post by: CT Villan on June 26, 2018, 09:48:22 PM
TEAMAX made a £60 odd million profit last year which doesn't sound like enough funds for our Tone to go mental with a football club. Enough to be as rich as Woodhall mind.

He sold Teamax for $430 million before he bought Villa.
Title: Re: Tony’s Statement.
Post by: mr underhill on June 27, 2018, 07:00:58 AM
didn't he tweet a picture or something of his paying in slip which showed an HSBC deposit of that sort of money just after buying the club?
Title: Re: Tony’s Statement.
Post by: aev on June 27, 2018, 09:13:09 AM
Teamax Smart City (down 45.97% ytd) of which the Doctor is Chairman lists its holders by size and I can't see the Doctor as one of them. There is a holding of 7.31% by a company called Softto, which looks as though it is another name for the Teamax company. This 7.31% holding is worth around £57m.

Lotus Health (-36.93% ytd) of which he is the Non Exec Chairman also doesn't have him listed as a shareholder that i can see.


Title: Re: Tony’s Statement.
Post by: jwarry on June 27, 2018, 09:18:35 AM
Meaning Evil reporting Dr Tony rejected investment from Europe and is in talk with 2 buyers for outright purchase
Title: Re: Tony’s Statement.
Post by: jwarry on June 27, 2018, 09:20:13 AM
https://twitter.com/avfc_news/status/1011882799899529216?s=12
Title: Re: Tony’s Statement.
Post by: aj2k77 on June 27, 2018, 09:23:14 AM
Let's hope dickhead sells up sharpish.
Title: Re: Tony’s Statement.
Post by: Des Little on June 27, 2018, 09:26:43 AM
Let's hope dickhead sells up sharpish.

This with bells on.  Sell up and go ASAP
Title: Re: Tony’s Statement.
Post by: jwarry on June 27, 2018, 09:28:23 AM
Let's hope dickhead sells up sharpish.

Only problem is I don’t think we can trust him to sell to anyone any better

This with bells on.  Sell up and go ASAP
Title: Re: Tony’s Statement.
Post by: jwarry on June 27, 2018, 09:29:10 AM
Confused myself there😳
Title: Re: Tony’s Statement.
Post by: Newby on June 27, 2018, 09:41:45 AM
This will delay all transfers and throw confusion on who is doing the buying.
Title: Re: Tony’s Statement.
Post by: Jon Crofts on June 27, 2018, 09:44:10 AM
This will delay all transfers and throw confusion on who is doing the buying.

I'd have thought that's the least of our worries, finding out how deep the shit is may be further up the list as well as who owes who and how much and by when.
Title: Re: Tony’s Statement.
Post by: jwarry on June 27, 2018, 09:44:22 AM
This will delay all transfers and throw confusion on who is doing the buying.

Better that than administration!
Title: Re: Tony’s Statement.
Post by: Des Little on June 27, 2018, 09:50:20 AM
What buying is that then?
Title: Re: Tony’s Statement.
Post by: AsTallAsLions on June 27, 2018, 09:59:51 AM
So he's desperate for money but is rejecting buy-out bids.

Interpreting that for a second it looks more like he's determined to hold on to the club and seek investment (49% or less) rather than sell outright.
Title: Re: Tony’s Statement.
Post by: jwarry on June 27, 2018, 10:04:35 AM
So he's desperate for money but is rejecting buy-out bids.

Interpreting that for a second it looks more like he's determined to hold on to the club and seek investment (49% or less) rather than sell outright.

Or losing control = embarrassment, so sale the only option?
Title: Re: Tony’s Statement.
Post by: Des Little on June 27, 2018, 10:14:00 AM
His reputation is already on it's arse.  He just needs to sell up and do one.
Title: Re: Tony’s Statement.
Post by: SoccerHQ on June 27, 2018, 10:15:39 AM
Suppose the good thing about new ownership is we will still be restricted by FFP so any new ownership won't come in and waste 50m straightaway. We will need to develop a long term plan. Whether likes of Steve Round and Bruce are in that plan remains to be seen.
Title: Re: Tony’s Statement.
Post by: Brassneck on June 27, 2018, 10:17:31 AM
Suppose the good thing about new ownership is we will still be restricted by FFP so any new ownership won't come in and waste 50m straightaway. We will need to develop a long term plan. Whether likes of Steve Round and Bruce are in that plan remains to be seen.

Aren't new owners given a little bit of slack in terms of FFP?

Plus the Grealish money could possibly be used as a transfer kitty.
Title: Re: Tony’s Statement.
Post by: SoccerHQ on June 27, 2018, 10:23:16 AM
Suppose the good thing about new ownership is we will still be restricted by FFP so any new ownership won't come in and waste 50m straightaway. We will need to develop a long term plan. Whether likes of Steve Round and Bruce are in that plan remains to be seen.

Aren't new owners given a little bit of slack in terms of FFP?

Plus the Grealish money could possibly be used as a transfer kitty.

I don't really know chap but I doubt the 40m we have to make up for overspending last year is going to magically disappear.

We've failed anyway with our short term boom and bust policy so next ownership needs to give funds for promising young players from lower leagues, insist on more under 23 players promoted into 18 and keep a few older heads for experience.

Think that's our best chance of developing more sustainable team not just for this level but the premier league.
Title: Re: Tony’s Statement.
Post by: Brassneck on June 27, 2018, 10:29:03 AM
Suppose the good thing about new ownership is we will still be restricted by FFP so any new ownership won't come in and waste 50m straightaway. We will need to develop a long term plan. Whether likes of Steve Round and Bruce are in that plan remains to be seen.

Aren't new owners given a little bit of slack in terms of FFP?

Plus the Grealish money could possibly be used as a transfer kitty.

I don't really know chap but I doubt the 40m we have to make up for overspending last year is going to magically disappear.

We've failed anyway with our short term boom and bust policy so next ownership needs to give funds for promising young players from lower leagues, insist on more under 23 players promoted into 18 and keep a few older heads for experience.

Think that's our best chance of developing more sustainable team not just for this level but the premier league.

Probably not the right thread for this but my argument for keeping Bruce is that we have a good spirit at the club (at team level)  If we keep the nucleus of the squad together, I think we should be OK.  Central defence is a problem and we need to bring someone in, also possibly an experienced GK.  Other than that, I think we're OK with what we have and if and when Grealish goes, we have an ideal opportunity to revert back to 433 which I think works well and suits our players.  If I was being greedy, Grabban on loan for another season would be nice, with Albert & Kodjia either side of him.
Title: Re: Tony’s Statement.
Post by: Lastfootstamper on June 27, 2018, 10:45:03 AM
Suppose the good thing about new ownership is we will still be restricted by FFP so any new ownership won't come in and waste 50m straightaway. We will need to develop a long term plan. Whether likes of Steve Round and Bruce are in that plan remains to be seen.

Aren't new owners given a little bit of slack in terms of FFP?

Plus the Grealish money could possibly be used as a transfer kitty.

I can't find anything to confirm this. But then it is quite hard to sift through the reams without my eyes glazing over.
Title: Re: Tony’s Statement.
Post by: andyh on June 27, 2018, 11:14:35 AM
If, and it’s a massive if, he is talking to interested parties, the fact that he appears to have rejected a bid(s) should not be too disheartening.
I would expect he is holding out for the best price he can get, he isn’t going to give it up for cheap.
That said, he hadn’t better scare off potential buyers.

Title: Re: Tony’s Statement.
Post by: BoVillan esq on June 27, 2018, 11:33:10 AM
If this latest bid from a European bidder met his requirements he should have accepted it, not knock it back, the sooner decision are made, the club sold, plans put in place, we can move on make plans for the coming season and hopefully turn around a dreadful summer of negativity, new buyers  in place, new manager in place, much needed new players, might keep Jack but even if that wasn't the case, useful money or we could loan him back as part the deal. he should get on with it.
Title: Re: Tony’s Statement.
Post by: pauliewalnuts on June 27, 2018, 11:44:52 AM
If this latest bid from a European bidder met his requirements he should have accepted it, not knock it back, the sooner decision are made, the club sold, plans put in place, we can move on make plans for the coming season and hopefully turn around a dreadful summer of negativity, new buyers  in place, new manager in place, much needed new players, might keep Jack but even if that wasn't the case, useful money or we could loan him back as part the deal. he should get on with it.

Given that he knocked it back, maybe it didn't meet his requirements?

Also raises an interesting question - do we want him to sell out to the first person to race with the cash around, or to wait till he gets an offer from someone who knows what they're doing?

Do we even have the luxury of time?
Title: Re: Tony’s Statement.
Post by: sirlordbaltimore on June 27, 2018, 11:51:28 AM
Also raises an interesting question - do we want him to sell out to the first person to race with the cash around, or to wait till he gets an offer from someone who knows what they're doing?

The very last thing we need right now is another clueless owner.

And even if we do get one, we're still hampered by FFP and have bills to pay right ?

They're not going to make everything better and mean we don't need to sell Jack surely ?
Title: Re: Tony’s Statement.
Post by: kippaxvilla2 on June 27, 2018, 11:53:01 AM
No.
Title: Re: Tony’s Statement.
Post by: kippaxvilla2 on June 27, 2018, 11:54:54 AM
Fulham got bought out by a proper billionaire but he made it clear they weren’t going to spend their way out of the division.  It’s taken them four years but it worked.  Their key was holding onto Cairney.  I fear for us if we don’t hold onto Grealish.
Title: Re: Tony’s Statement.
Post by: BoVillan esq on June 27, 2018, 11:59:10 AM
If this latest bid from a European bidder met his requirements he should have accepted it, not knock it back, the sooner decision are made, the club sold, plans put in place, we can move on make plans for the coming season and hopefully turn around a dreadful summer of negativity, new buyers  in place, new manager in place, much needed new players, might keep Jack but even if that wasn't the case, useful money or we could loan him back as part the deal. he should get on with it.

Given that he knocked it back, maybe it didn't meet his requirements?

Also raises an interesting question - do we want him to sell out to the first person to race with the cash around, or to wait till he gets an offer from someone who knows what they're doing?

Do we even have the luxury of time?

Interesting points, of course that's the risk, he claims other interested parties, he's now considering, 'Do we have the luxury of time' this is the nub of the matter, is it a case of act in haste, repent at our leisure, or should Xia, consider this point in the season and go with the realisation that we need to hit the ground running, get our campaign started, try and get out of the Championship, starting now. 
Title: Re: Tony’s Statement.
Post by: Brassneck on June 27, 2018, 12:40:36 PM
Fulham got bought out by a proper billionaire but he made it clear they weren’t going to spend their way out of the division.  It’s taken them four years but it worked.  Their key was holding onto Cairney.  I fear for us if we don’t hold onto Grealish.