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Author Topic: Tony’s Statement.  (Read 320831 times)

Offline Rico

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Re: Tony’s Statement.
« Reply #645 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.

Offline dave.woodhall

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Re: Tony’s Statement.
« Reply #646 on: June 09, 2018, 09:28:14 PM »
Please, don't let's have another Ellis debate.

Offline kippaxvilla2

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Offline PeterWithesShin

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Re: Tony’s Statement.
« Reply #648 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.

Offline pauliewalnuts

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Re: Tony’s Statement.
« Reply #649 on: June 09, 2018, 10:46:19 PM »
Cobbling loans together.

Just like an actual billionaire would do.

Absolute fucking chancer.

Offline Steve67

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Re: Tony’s Statement.
« Reply #650 on: June 09, 2018, 10:46:31 PM »
Wyness still feeding the press then?  Somebody must be.

Offline kippaxvilla2

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Re: Tony’s Statement.
« Reply #651 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.

Offline PeterWithesShin

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Re: Tony’s Statement.
« Reply #652 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.

Offline andyh

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  • Age: 58
  • Location: Solihull
  • GM : May, 2012
Re: Tony’s Statement.
« Reply #653 on: June 09, 2018, 11:36:34 PM »
It ain’t gonna get any better, is it?

Offline olaftab

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Re: Tony’s Statement.
« Reply #654 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.

Offline four fornicholl

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Re: Tony’s Statement.
« Reply #655 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?

Offline jwarry

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Re: Tony’s Statement.
« Reply #656 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?

Offline PeterWithe

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Re: Tony’s Statement.
« Reply #657 on: June 10, 2018, 08:15:25 AM »
Nowt about the supposed injection of £50m of new cash.

Offline Nastylee

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Re: Tony’s Statement.
« Reply #658 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.

Offline PeterWithe

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  • GM : 12.02.2025
Re: Tony’s Statement.
« Reply #659 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.

 


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