I can't foresee a scenario where any valuation of Villa Park would be less than £10m, even if its considered the 3 independent valuations over valued it.
Quote from: Brassneck on February 28, 2020, 11:55:01 AMQuote from: pauliewalnuts on February 28, 2020, 11:50:55 AMQuote from: ChicagoLion on February 28, 2020, 11:49:09 AMI see the PL has confirmed but will we still have a problem with the EFL if we go down?Don't think so:"Aston Villa can confirm that in the 3-year period ending May 31, 2019, the Club complied with the EFL’s Profitability & Sustainability Rules. "There is of course a big difference between us confirming it and the EFL doing so - Fingers crossed though.Yes, that's a good point, it says we believe we are compliant, the EFL saying that is another thing.
Quote from: pauliewalnuts on February 28, 2020, 11:50:55 AMQuote from: ChicagoLion on February 28, 2020, 11:49:09 AMI see the PL has confirmed but will we still have a problem with the EFL if we go down?Don't think so:"Aston Villa can confirm that in the 3-year period ending May 31, 2019, the Club complied with the EFL’s Profitability & Sustainability Rules. "There is of course a big difference between us confirming it and the EFL doing so - Fingers crossed though.
Quote from: ChicagoLion on February 28, 2020, 11:49:09 AMI see the PL has confirmed but will we still have a problem with the EFL if we go down?Don't think so:"Aston Villa can confirm that in the 3-year period ending May 31, 2019, the Club complied with the EFL’s Profitability & Sustainability Rules. "
I see the PL has confirmed but will we still have a problem with the EFL if we go down?
Forget that, what have Villaleaks got to say about it? Or that bellend in the Guardian comments section.
Quote from: LeeB on February 28, 2020, 12:23:10 PMForget that, what have Villaleaks got to say about it? Or that bellend in the Guardian comments section.I know the one you mean. He's obsessed with our finances.
So we are Ok with FFP I'm not too good with finances.
Quote from: darren woolley on February 28, 2020, 02:29:42 PMSo we are Ok with FFP I'm not too good with finances.Lend us a tenner.[/quoQuote from: Small Rodent on February 28, 2020, 02:31:30 PMQuote from: darren woolley on February 28, 2020, 02:29:42 PMSo we are Ok with FFP I'm not too good with finances.Lend us a tenner.LOL
Quote from: darren woolley on February 28, 2020, 02:29:42 PMSo we are Ok with FFP I'm not too good with finances.Lend us a tenner.
Quote from: Demitri_C on February 28, 2020, 10:24:48 AMQuote from: Ads on February 28, 2020, 10:21:19 AMI think his problems is that you appear to dramatize and catastrophise every possible situation.All i said was i fear the losses will be astronomical whats wrong with that ?We spent 150m in the summer with no major out goings.I gurantee if i responded in the way he did id be jumped on. Paulie isn't reacting to this single episode.To couch it another way; event A happens. People react. Some positively, some with indifference and some with concern. A discussion develops.Your take on a matter is universally dramatic. It's a bad scenario and what's worse, theres fire and brimstone raining down from the sky. Rivers and seas boiling, 40 years of darkness, earthquakes and volcanoes, the dead rising from the grave, human sacrifices, cats living with dogs. Mass hysteria. See all that? That's you that is.And I think that is what has ground Paulies' gears.
Quote from: Ads on February 28, 2020, 10:21:19 AMI think his problems is that you appear to dramatize and catastrophise every possible situation.All i said was i fear the losses will be astronomical whats wrong with that ?We spent 150m in the summer with no major out goings.I gurantee if i responded in the way he did id be jumped on.
I think his problems is that you appear to dramatize and catastrophise every possible situation.
Quote from: Small Rodent on February 28, 2020, 02:31:30 PMQuote from: darren woolley on February 28, 2020, 02:29:42 PMSo we are Ok with FFP I'm not too good with finances.Lend us a tenner.[/quoQuote from: Small Rodent on February 28, 2020, 02:31:30 PMQuote from: darren woolley on February 28, 2020, 02:29:42 PMSo we are Ok with FFP I'm not too good with finances.Lend us a tenner.LOL Bad with money and with the quote function here :op
Quote from: Demitri_C on February 28, 2020, 11:58:25 AMSo the lerner pay off 30m that would go towards our FFP record? I dont see how thats fair that the fraud Xia almost destroyed us so our owners had to pay him off and then pay lerner a agreement he made with Lerner.No - The Lerner payoff is disregarded for FFP (along with another £15m)We are left with a figure of £23m which is £10m over the £13m threshold.We're talking about a figure of £10m, that's all. The ground sale will hopefully account for that.
So the lerner pay off 30m that would go towards our FFP record? I dont see how thats fair that the fraud Xia almost destroyed us so our owners had to pay him off and then pay lerner a agreement he made with Lerner.
Interesting that a lot of the commentary in the statement dwells on the default of Xia repaying the £30m promotion clause to Lerner. Does that mean when our current owners bought (saved) the club, that the agreement upon Xia's purchase from Lerner in 2016 remained whereby Xia was still liable for the Lerner pay-off should we get promoted last season? That must have been factored into how much Xia was paid for the club (ie more) than if Edens/Sawiri had taken-on the promotion liability (maybe all parties thought we were unlikely to win promotion last year).Makes you wince how poor an owner (as well as cash-poor poor) the "Doc" was. I wonder would other, less benevolent new owners have refused to pay Lerner, stating it wasn't their obligation...where the fcuk would that have left us? In short, Nas and Wes, thank you. Randy and Tony, fuck off.