Quote from: sid1964 on April 13, 2021, 06:40:25 AMThank the Lord for the bank of our 2 ownersThe question is will we ever make a profit again?They will want to increase the value of the asset rather than make profit.
Thank the Lord for the bank of our 2 ownersThe question is will we ever make a profit again?
Quote from: Drummond on April 13, 2021, 09:56:18 AMQuote from: sid1964 on April 13, 2021, 06:40:25 AMThank the Lord for the bank of our 2 ownersThe question is will we ever make a profit again?They will want to increase the value of the asset rather than make profit.How do you increase the value of an Asset (by which I presume you mean the Football Club) by sustaining losses?
There are clearly some intangibles. The attractiveness of a club is hard to value isn't it?But don't you think that Villa are now far more attractive and would cost a lot more than we did when NSWE bought us, despite the losses?Pretty much all the players we've bought have increased in value, yet on the books they won't show that way will they?The name of Aston Villa is being noticed again, we're performing well and that in itself is attractive. The owners can write off the losses against tax elsewhere too, so a loss isn't necessarily a bad thing.
Quote from: Drummond on April 13, 2021, 07:01:02 PMThere are clearly some intangibles. The attractiveness of a club is hard to value isn't it?But don't you think that Villa are now far more attractive and would cost a lot more than we did when NSWE bought us, despite the losses?Pretty much all the players we've bought have increased in value, yet on the books they won't show that way will they?The name of Aston Villa is being noticed again, we're performing well and that in itself is attractive. The owners can write off the losses against tax elsewhere too, so a loss isn't necessarily a bad thing.You said “they will want to increase the value of an asset rather than make a profit”Which makes absolutely no sense whatsoever.That’s why I asked you the question, which you obviously have a problem answering, so maybe stick to lecturing on political correctness and right on thinking.
Quote from: Drummond on April 13, 2021, 07:01:02 PMThere are clearly some intangibles. The attractiveness of a club is hard to value isn't it?But don't you think that Villa are now far more attractive and would cost a lot more than we did when NSWE bought us, despite the losses?Pretty much all the players we've bought have increased in value, yet on the books they won't show that way will they?The name of Aston Villa is being noticed again, we're performing well and that in itself is attractive. The owners can write off the losses against tax elsewhere too, so a loss isn't necessarily a bad thing.You said “they will want to increase the value of an asset rather than make a profit”Which makes absolutely no sense whatsoever.