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Author Topic: Financial fair play  (Read 119876 times)

Offline maidstonevillain

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Re: Financial fair play
« Reply #1185 on: September 08, 2019, 01:10:08 AM »
VP valued at £56.7m and Pride Park at £80m...I know it's far newer but is Derby's ground in a much more expensive area for land?

Yes, it's now in a massive business park so I'd imagine the land value is a higher as a result.

Business parks are built on cheap land. That's why they build them there.

Offline PeterWithe

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Re: Financial fair play
« Reply #1186 on: September 08, 2019, 08:15:15 AM »
Given the developments down Aston Hall Rd it would be reasonable to take the position that VP is also in an industrial area and its value increased accordingly. Better Motorways access that Pride Park as well.

Offline ChicagoLion

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Re: Financial fair play
« Reply #1187 on: September 08, 2019, 09:39:37 AM »
 A property valuation is also subject to the strength of the tenancy and Villa being in the PL is a factor.

Offline Damo70

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Re: Financial fair play
« Reply #1188 on: September 08, 2019, 12:47:15 PM »
This reminds me of when we used to compare our wage bill to Tottenham's. Now we are fascinated by how much Derby's ground is worth compared to ours.

Offline Sexual Ealing

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Re: Financial fair play
« Reply #1189 on: September 08, 2019, 11:48:08 PM »
This reminds me of when we used to compare our wage bill to Tottenham's. Now we are fascinated by how much Derby's ground is worth compared to ours.

http://swissramble.blogspot.com/

Offline pauliewalnuts

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Re: Financial fair play
« Reply #1190 on: September 09, 2019, 01:36:44 PM »
This reminds me of when we used to compare our wage bill to Tottenham's. Now we are fascinated by how much Derby's ground is worth compared to ours.

All we need now is for VillaDawg to return

Offline cdbullyweefan

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Re: Financial fair play
« Reply #1191 on: September 09, 2019, 02:18:29 PM »
Ah, I miss my daily dose of VD.

Offline olaftab

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Re: Financial fair play
« Reply #1192 on: November 27, 2019, 10:22:43 AM »
I see CFG have come up with another astonishing way to get around FFP. 10% of shares sold for nearly £400 million to some investment group called Silver Lakes. This is an unbelievable valuation of man city as a business.
 https://www.theguardian.com/football/2019/nov/27/manchester-city-sell-10-per-cent-share-us-private-equity-firm-silver-lake

Offline AsTallAsLions

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Re: Financial fair play
« Reply #1193 on: November 27, 2019, 10:32:12 AM »
I see CFG have come up with another astonishing way to get around FFP. 10% of shares sold for nearly £400 million to some investment group called Silver Lakes. This is an unbelievable valuation of man city as a business.
 https://www.theguardian.com/football/2019/nov/27/manchester-city-sell-10-per-cent-share-us-private-equity-firm-silver-lake

Valuing themselves at £4bn?

Pull the other one, Citeh. You can't even fill your stadium.

Offline ChicagoLion

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Re: Financial fair play
« Reply #1194 on: November 28, 2019, 05:29:37 PM »
I see CFG have come up with another astonishing way to get around FFP. 10% of shares sold for nearly £400 million to some investment group called Silver Lakes. This is an unbelievable valuation of man city as a business.
 https://www.theguardian.com/football/2019/nov/27/manchester-city-sell-10-per-cent-share-us-private-equity-firm-silver-lake
I donít think share sales count as far as FFP is concerned.
The complexity of the Structure of the Citeh group is going to make it difficult to  understand WTF is going on.
But if 10% is worth ( and sold for )390 million then 100 % = a 3.9Billion valuation

Offline Sexual Ealing

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Re: Financial fair play
« Reply #1195 on: December 19, 2019, 12:51:26 AM »

Offline PeterWithesShin

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Re: Financial fair play
« Reply #1196 on: December 19, 2019, 01:27:36 AM »
Quote
Aston Villa are in danger of becoming the first Premier League club to breach Financial Fair Play rules and may need to sell to ensure they comply with regulations this season.

Sportsmail has been told that Villa need to raise millions in player sales or wage savings before the summer in order to ensure they fit in with the Premier League's spending limits.

Villa narrowly avoided breaching the EFL's profit and sustainability rules during their promotion season through the controversial sale of Villa Park to a company owned by owners Nassef Sawiris and Wes Edens, which raised £56.7million.

Without the sale of Villa Park and land near their Bodymoor Heath training ground it is understood the club would have been well over the permitted loss limits.

Villa spent heavily in the summer. Manager Dean Smith was allowed to spend over £90m on new players, with no significant sales, which even allowing for the spread of payments indicates that the majority of Villa's anticipated £100m Premier League television income has already been accounted for.

The Premier League's spending limits are less stringent than the EFL's - permitting clubs to lose an average of £35m as opposed to £13m over a three-year period - so Villa are able to record a maximum loss of £61m over the last three seasons.

The club lost £36.1m in 2017-18 and have yet to publish their accounts for 2018-19 and this season, although their results are understood to have left them needing to raise money over the remainder of this campaign.

Jack Grealish is Villa's most obvious asset, with the midfield player having a £45m buyout clause in the new contract he signed last year, but the club would be loath to sell him.

Villa will not be forced to sell players next month as Smith's side battle to stay in the Premier League, as their annual accounting period ends on 31 May, giving them approximately two weeks after the end of the season to balance the books.

The EFL have previously fined Queens Park Rangers, Bournemouth and Leicester City for failing to comply with its profit and sustainability rules, but no club has yet been charged as a result of breaching spending limits while in the Premier League. Aston Villa declined to comment.

Offline cdbullyweefan

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Re: Financial fair play
« Reply #1197 on: December 19, 2019, 01:28:24 AM »
Oh, this shite again. Hurrah.

Online OzVilla

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Re: Financial fair play
« Reply #1198 on: December 19, 2019, 02:31:21 AM »
Well if we were to get relegated we'd certainly lose Grealish, McGinn and Mings so there's roughly $120 mill+ incoming for just those 3 alone.

If we stay in the PL I doubt very much we'd face any sanction other than a fine.

File this under Nose/Bitter wet dream.


Offline ChicagoLion

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Re: Financial fair play
« Reply #1199 on: December 19, 2019, 03:02:37 AM »
Mixing up PL revenue with player purchase is the first problem with that article.
If we spent 90 mil on new players on 4 year contracts Say, the profit and loss impact is 22.5 million expense not 90 million of the 100 million PRem league TV revenue.
File under bollocks