Heroes & Villains, the Aston Villa fanzine
Heroes & Villains => Heroes Discussion => Topic started by: Fergal on October 30, 2011, 05:08:39 AM
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If Randy sold us next week how much would he get for us?
Would he make a massive loss or break even? Or even be in profit?
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Not sure although I'd be quite happy IF a new owner was rich enough to bring back some optimism. Thats a big IF though-we could get someone like the Venkys and end up like Charlton and Sheffield Wed
I was under the impression that RL bought Villa for a good price, Doug had Villa on good financial footing & Milner and co have brought in some good fees too
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If Randy sold us next week how much would he get for us?
Would he make a massive loss or break even? Or even be in profit?
I think he'd struggle to get what he'd need if he sold up. The net assets of the club are less than under the last year of Ellis due to all the losses we've made. I haven't got the accounts in front of me, but off the top of my head I guess he'd need to sell for about £200m to break even.
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If Randy sold Villa next week he would make at least double on his original purchase price but taking into account how much MON spent (wasted), ie near on £200m I guess he would want a bit more if he sold. £65m five years ago was VERY cheap considering how much other clubs have been sold for since.
Randy would only sell to someone who had Villa in their best interests - I think most of the fans would probably want some like the Man City owner but how many of those guys are there? That would be nice - being able to buy any player they wanted in order to make Villa great again.
Until then, we have to play the game with the majority of the clubs in League.
The bottom line is that club has no money.
Thanks MON.
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Is this question being asked because you think Randy wants to sell or because you want him to sell ?
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The bottom line is that club has no money.
Thanks MON.
I totally agree MON wasted money on squad players (like Gregory all over again),but we got a good profit on Downing, Milner etc.I don't have the exact figures but we must have recouped a lot of the RL spend?
The main problem Villa has is the wages-that cant have all been down to MON? The current time reminds me of the end of the Ellis era.I can't see anyone matching the Man City backing, so unless the rules change this could be as good as it gets.
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Is this question being asked because you think Randy wants to sell or because you want him to sell ?
Neither, i was just indulging in a bit of idle speculation.
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Based on the fact Randy bought the club for c.£65m and has sunk c.£200m in loans since then he'd need to find someone ready to part with almost £300m for him to get his money back.
I can't see it myself.
You have to ask where that money's gone. Yes, some of it has gone in to infrastructure (Bodymoor, Holte Hotel, etc) but the vast majority has gone on wages on players who aren't at the club anymore. That money was an investment in building the turnover of the club - mainly via the Champions League. It didn't pay off and Randy's well down on his investment as a result.
I can't see him selling the club any time soon unless he can't work out how we'll make any money at all - doing so would just crystallise the loss. Given his stated change in strategy to bring through the youth and cut back the wages the indication is that he plans to run the club as a profit to try to recoup some of his outlay.
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Is this question being asked because you think Randy wants to sell or because you want him to sell ?
I asked this question on here last week.The answer is we just don't know.
The only person who does know is Randy and he ain't gonna tell ya.
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The bottom line is that club has no money.
Thanks MON.
I totally agree MON wasted money on squad players (like Gregory all over again),but we got a good profit on Downing, Milner etc.I don't have the exact figures but we must have recouped a lot of the RL spend?
The main problem Villa has is the wages-that cant have all been down to MON? The current time reminds me of the end of the Ellis era.I can't see anyone matching the Man City backing, so unless the rules change this could be as good as it gets.
Randy wants us to be self supporting on wages, who the last but one manager was is irrelevant. Our income doesn't match the teams we want to compete with. That's partly down to smaller crowds and lower prices. Unless we increase revenue we're always going to be in the same boat.
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Randy wants us to be self supporting on wages,
I know we've had this conversation before, but he wants us to be self supporting - why would he limit this to wages?
The recouping of money through transfers this summer seems to back that up, too.
I can't believe for a moment that he's going to invest large amounts of money and just think "so long as the wage bill is lower, we'll be ok".
Don't get me wrong, I too would prefer him to do that, but I can't see any evidence or anything that they've said which leads me to think he's making a distinction along those lines. In fact, I don't really see how you can do so - expensive players want high wages.
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It makes sense to me. He'll invest in the squad but day to day running costs have to met from revenue. It doesn't matter that we recouped transfer fees as if we'd spent it all again we would be back where we started.
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Maybe he would just sell a portion of his shares so he is no longer the majority owner. Doesn't he have something like an 89% stake? H
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It makes sense to me. He'll invest in the squad but day to day running costs have to met from revenue. It doesn't matter that we recouped transfer fees as if we'd spent it all again we would be back where we started.
That's your interpretation of it, it doesn't mean it's his. I guess we'll know if and when we see some more investment in the squad.
If you put so much pressure on the wage bill, investment in the squad becomes largely pointless anyway, as by and large, you're limited to replacing players who move out of contract with others who will be earning the same or less.
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Maybe he would just sell a portion of his shares so he is no longer the majority owner. Doesn't he have something like an 89% stake? H
Why would anybody want to invest in a minority share of Aston Villa with the current owner and management team?
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Maybe he would just sell a portion of his shares so he is no longer the majority owner. Doesn't he have something like an 89% stake? H
Why would anybody want to invest in a minority share of Aston Villa with the current owner and management team?
Why would anyone who outright owns the club appoint this current management team? He obviously wants to be a part of Aston Villa, but 89% is a lot to have on your plate. He's the lone investor, this situation could be salvageable.
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Maybe he would just sell a portion of his shares so he is no longer the majority owner. Doesn't he have something like an 89% stake? H
Why would anybody want to invest in a minority share of Aston Villa with the current owner and management team?
Why would anyone who outright owns the club appoint this current management team? He obviously wants to be a part of Aston Villa, but 89% is a lot to have on your plate. He's the lone investor, this situation could be salvageable.
He owns 100 percent, not 89.
Why would anyone want to invest in a club which owes such a large amount of money to the current owner?
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and in an owner who has delivered nearly £90m worth of losses over the last two years?
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We need to find out who is Man City's owners business emeny and competitor in oil / travel industry and get this firm/bloke/family to take over Villa and outspend Man City. I can't see any other way apart from developing our own players.
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It makes sense to me. He'll invest in the squad but day to day running costs have to met from revenue. It doesn't matter that we recouped transfer fees as if we'd spent it all again we would be back where we started.
That's your interpretation of it, it doesn't mean it's his. I guess we'll know if and when we see some more investment in the squad.
If you put so much pressure on the wage bill, investment in the squad becomes largely pointless anyway, as by and large, you're limited to replacing players who move out of contract with others who will be earning the same or less.
Clearly and we're not going to be alone in that.
How much money do you think Randy should put in for signings and wages?
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Are we still not breaking even with our current squad? A bit worrying if so.