Randy misses his Deloitte target

[Risso]

Any new figures on turnover?

May 2011 accounts due the end of this month.

[Percy McCarthy]

Thanks Mart. I think we are at a disadvantage with this list as the figures quoted for us always seem the most out of date. Am I wrong?

[dn1982]

We are just outside the top 20(24) on 99.3 m Newcastle just behind us on 98m. I'm sure this is an increase year on year. Not 100% though.

[itbrvilla]

We are just outside the top 20(24) on 99.3 m Newcastle just behind us on 98m. I'm sure this is an increase year on year. Not 100% though.

Does that include player sales?

[Percy McCarthy]

That's pretty good going. I'm pretty sure it was £90m the year before. I'm also pretty sure it's for the year of the Milner sale; if so that would be offset by the purchase of Bent and Makoun. Let's not forget our two main sponsorship deals have improved significantly since then. The wage to turnover ratio must be looking comparatively healthy by now.

[London Villan]

Are we the highest team never to play in the Champs League?

[Tokyo Sexwhale]

In most sane industries it should be profits that are important.

[SashasGrandad]

Are we the highest team never to play in the Champs League?

Probably - but not the highest who have never won the European Cup! That is one of the London teams!!!

[Handsworth Wood Villa]

Outside the Sky 6 we are the best in England.

[AV82EC]

The years before turnover was £92m so if its now £99m I'm genuinely surprised and actually pleased!  Added to which this years figures should get better with improved commercial income and the removal of vast swathes of the wage bill slightly offset by reduced matchday income from a fall in attendances though this doesn't worry me as much as its becoming an insignificant part of out turnover.

[ktvillan]

Wage bill has zero effect on it, it will affect profits but has nothing to do with revenue. Not directly anyway. 

Transfer fees and significant non-football related income are also excluded, according to the report for 2009-2010.

Revenue excludes player transfer fees, VAT and other sales
related taxes. In a few cases we have made adjustments
to total revenue figures to enable, in our view, a more
meaningful comparison of the football business on a club
by club basis. For instance, where information was
available to us, significant non-football activities or capital
transactions have been excluded from revenue.

http://www.deloitte.com/view/en_GB/uk/industries/sportsbusinessgroup/sports/football/deloitte-football-money-league-2011/5596840c99e9d210VgnVCM2000001b56f00aRCRD.htm

[Percy McCarthy]

Yeah we know that kt. The point AV82EC and I are making is that if revenues are increasing, and wages dropping, the wages to turnover ratio that has been a big problem in Randy's view is beginning to look a lot healthier, perhaps paving the way for a bit of investment again.

[Risso]

The Deloitte figures are out before the statutory accounts are released, so the club must release the unaudited figures to them in advance.

The Deloitte report last year had Villa's turnover as £89.6m, then when the accounts came out it was actually £90.8m, so fairly accurate, with the commercial income being slightly higher when the official figures were produced.

This year, our income is listed by Deloitte as being €99.3m, which using the Deloitte exchange rate gives our turnover as £89.7m.  Allowing for last minute accounting differences and exchange rate variations, that means our income is pretty well unchanged.  I'd guess that when the figures come out, they'll show TV and commercial income up a bit, with attendance income down leading to a static revenue figure.

[Mazrim]

On accounts release day, why dont we get some strippers, a crate of beers and do a line of figures off their tits?

[Percy McCarthy]

Good idea Maz. Let's think of some other days we can do that too. I'll start us off; days with a 'y' in them.

Risso: sorry, didn't realise it was in euros.