Quote from: FrankyH on July 23, 2018, 03:58:03 PMQuote from: Drummond on July 23, 2018, 03:49:24 PMI see we've already paid off the mortgages we took out on the land...How do you know that ?Companies House
Quote from: Drummond on July 23, 2018, 03:49:24 PMI see we've already paid off the mortgages we took out on the land...How do you know that ?
I see we've already paid off the mortgages we took out on the land...
Quote from: Drummond on July 23, 2018, 04:04:18 PMQuote from: FrankyH on July 23, 2018, 03:58:03 PMQuote from: Drummond on July 23, 2018, 03:49:24 PMI see we've already paid off the mortgages we took out on the land...How do you know that ?Companies HouseNot sure if I’m understanding these right, but it seems there was a mortgage against Villa Park?!
Paying off the mortgages is obviously good news but maybe does add some validity to what the guy from etorro was saying on talk sport today. Basically we took a hit financially when we got relegated by devaluing our land and properties etc. He reckoned we could re appraise those values at a higher market value. Thus increasing our profitability and sustainability which is the EFL's version of what everyone is calling FFP. Wouldn't be too much of a surprise to find the press etc had sensationalized our impending doom a bit.
Quote from: Dr Butler on July 23, 2018, 03:28:12 PMQuote from: OCD on July 23, 2018, 03:26:04 PMThis wouldn't have happened had we been promoted so missing out could actually turn out to have been a good thing long-term. a good pointUTVThe DocWas thinking the same thing myself. And, have also thought had we not sold to Lerner in 2006 we could be where Man City are now and they where we are.
Quote from: OCD on July 23, 2018, 03:26:04 PMThis wouldn't have happened had we been promoted so missing out could actually turn out to have been a good thing long-term. a good pointUTVThe Doc
This wouldn't have happened had we been promoted so missing out could actually turn out to have been a good thing long-term.
Quote from: martin o`who?? on July 23, 2018, 07:29:36 AMFalse dawn Number37.........Who knows? I do know Xia could have sold us off entirely for a few quid in his pocket but didn't because he wanted to work with people to take the club forwards. I take that as a positive.
False dawn Number37.........
Quote from: Smoke on July 23, 2018, 05:55:46 PMPaying off the mortgages is obviously good news but maybe does add some validity to what the guy from etorro was saying on talk sport today. Basically we took a hit financially when we got relegated by devaluing our land and properties etc. He reckoned we could re appraise those values at a higher market value. Thus increasing our profitability and sustainability which is the EFL's version of what everyone is calling FFP. Wouldn't be too much of a surprise to find the press etc had sensationalized our impending doom a bit. The £40 million hole in FFP figure continues to be quoted by all and sundry without much basis.
Quote from: Smoke on July 23, 2018, 05:55:46 PMPaying off the mortgages is obviously good news but maybe does add some validity to what the guy from etorro was saying on talk sport today. Basically we took a hit financially when we got relegated by devaluing our land and properties etc. He reckoned we could re appraise those values at a higher market value. Thus increasing our profitability and sustainability which is the EFL's version of what everyone is calling FFP. Wouldn't be too much of a surprise to find the press etc had sensationalized our impending doom a bit. Herein lies the truth. Its seems that Dr T was hiding behind ffp.
Good read, this https://www.wsj.com/articles/wesley-edens-is-an-investor-with-an-affinity-for-the-underdog-1532111122