Someone told me yesterday they'd read an article saying we're the 4th richest club in the country now, I can't find said article though.
Can anyone find any info about NSWE ?What exactly are they and what is the companies value ?
Quote from: sirlordbaltimore on July 30, 2018, 11:56:26 AMCan anyone find any info about NSWE ?What exactly are they and what is the companies value ?Still seems wierd that Wes Edens still not appeared as director in companies house info ?
https://www.efl.com/-more/governance/efl-rules--regulations/appendix-5---financial-fair-play-regulations/It's all about appendix D....2014/15 *(last year of the prem) is when we made a big loss - but the club put £79.6m of the £81m loss down to "exceptional items" including the "impairment of tangible fixed assets and intangible assets". This what Appenix D covers. So as I understand it, we can lose £61m over the last 3 years14/15 = £1.4m (assuming Appendix D application is correct)15/16 = £14.5m (- a bit for Youth, Charity and Ladies football) 16/17 = £7.5m (- a bit for Youth, Charity and Ladies football) Call it £23m. Which gives us a big bag of head room....
Quote from: Gerrin on July 30, 2018, 12:25:52 PMSomeone told me yesterday they'd read an article saying we're the 4th richest club in the country now, I can't find said article though.3rd actually 😉
Quote from: Cleybrooke on July 30, 2018, 11:50:54 AMhttps://www.efl.com/-more/governance/efl-rules--regulations/appendix-5---financial-fair-play-regulations/It's all about appendix D....2014/15 *(last year of the prem) is when we made a big loss - but the club put £79.6m of the £81m loss down to "exceptional items" including the "impairment of tangible fixed assets and intangible assets". This what Appenix D covers. So as I understand it, we can lose £61m over the last 3 years14/15 = £1.4m (assuming Appendix D application is correct)15/16 = £14.5m (- a bit for Youth, Charity and Ladies football) 16/17 = £7.5m (- a bit for Youth, Charity and Ladies football) Call it £23m. Which gives us a big bag of head room....Those aren’t the last three years though, are they? Provisional accounts have been lodged with EFL for 2017/18 - as they have to be - by Mar 1. Not sure where your figures come from, tbf
Quote from: Dazvillain on July 30, 2018, 12:33:10 PMQuote from: sirlordbaltimore on July 30, 2018, 11:56:26 AMCan anyone find any info about NSWE ?What exactly are they and what is the companies value ?Still seems wierd that Wes Edens still not appeared as director in companies house info ?Not really. He's probably got reasons (eg tax) for not wanting to be a director of a UK company. The other chap is based in London isn't he?
Quote from: SirSteveUK on July 30, 2018, 02:13:23 PMQuote from: Cleybrooke on July 30, 2018, 11:50:54 AMhttps://www.efl.com/-more/governance/efl-rules--regulations/appendix-5---financial-fair-play-regulations/It's all about appendix D....2014/15 *(last year of the prem) is when we made a big loss - but the club put £79.6m of the £81m loss down to "exceptional items" including the "impairment of tangible fixed assets and intangible assets". This what Appenix D covers. So as I understand it, we can lose £61m over the last 3 years14/15 = £1.4m (assuming Appendix D application is correct)15/16 = £14.5m (- a bit for Youth, Charity and Ladies football) 16/17 = £7.5m (- a bit for Youth, Charity and Ladies football) Call it £23m. Which gives us a big bag of head room....Those aren’t the last three years though, are they? Provisional accounts have been lodged with EFL for 2017/18 - as they have to be - by Mar 1. Not sure where your figures come from, tbfhttps://www.bbc.co.uk/sport/football/39108015https://www.bbc.co.uk/sport/football/43088167https://www.birminghammail.co.uk/sport/football/football-news/key-findings-aston-villas-latest-14293992
Quote from: Keeno on July 30, 2018, 12:28:38 PMQuote from: Gerrin on July 30, 2018, 12:25:52 PMSomeone told me yesterday they'd read an article saying we're the 4th richest club in the country now, I can't find said article though.3rd actually 😉Amassed wealth and assets of football owners it's like this Manchester city Chelsea VillaArsenal Stoke Wolves Spurs Leicester Man utd SouthamptonWBA Newcastle LiverpoolAs villa have co owners wealth has been added together As you can see wealth owners doesn't mean as much as think in some respects if clubs don't or can't spend or owners don't pay out.
Increased assets won’t help with FFP unless they generate income.