It's that time of year again!

[eastie]

@thegoalzone: Villa reveal that despite turnover reducing by 11. 6 million the club have reduced losses from 53.9 to 17.7 mil for year ending may 2012

@thegoalzone: Villa a/cs also reveal attendance down from 37,220 to 33,873

@thegoalzone: Villa owner Randy Learner waived intrest on loans to club of 107.1million creating one time benefit to club of 20.3 million pounds

@thegoalzone: Villas Operating costs reduced from 158.7 million to 138.4 million

@thegoalzone: Villa made 26.9 million pounds on player trading  thats 8.1 million more than previous year

[cdbearsfan]

Oh dear, the income is a big worry.

Not really, income only £12 million down and we finished seven places lower than the previous season, and did worse in both cups. Bearing in mind that the next television deal will be much higher, I reckon if we stay up then next year we'll be in profit.

Which makes the decision not to invest (significantly) in January to ensure our survival all the more ludicrous.

you sure?. remember those figures include 27 million profit on transfers and randy waiving his 20m. Next seasons accounts will have a 25m loss on player transfers, even lower income and probably  Randy taking his Interest.

I reckon we'd be ok as the next TV deal is supposed to be riduculously high. Not exactly sure how high but I know the team that finishes bottom next year will get more than this year's Champions. That must be a lot of cash. I'd assume if the Premier League is expanding to even more TV markets and making more money on t'internet we'd get at least some of that cash too. Finally, Richard Dunne will be leaving which will mean we can close down that branch of Greggs we were running at Bodymoor Heath. Feel a bit sorry for the staff though.

[Billy Walker]

"@thegoalzone: Villa owner Randy Learner waived intrest on loans to club of 107.1million creating one time benefit to club of 20.3 million pounds"


Does that mean he (or the Trust) is charging the club about 18-ish% interest?   

[dave.woodhall]

"@thegoalzone: Villa owner Randy Learner waived intrest on loans to club of 107.1million creating one time benefit to club of 20.3 million pounds"


Does that mean he (or the Trust) is charging the club about 18-ish% interest?   

I would guess it means the interest accrued since 2006.

[Billy Walker]

"@thegoalzone: Villa owner Randy Learner waived intrest on loans to club of 107.1million creating one time benefit to club of 20.3 million pounds"


Does that mean he (or the Trust) is charging the club about 18-ish% interest?   

I would guess it means the interest accrued since 2006.

That would sound more  reasonable!

[Trinitymiddle]

Why doesn't RL convert his debt to equity, in effect writing off the debt, like Abramovich, Al Fayed, Whelan and others have done? Surely this would be the most alruistic gesture.

[dave.woodhall]

Why doesn't RL convert his debt to equity, in effect writing off the debt, like Abramovich, Al Fayed, Whelan and others have done? Surely this would be the most alruistic gesture.

He already has with a chunk of the debt.

[Trinitymiddle]

"@thegoalzone: Villa owner Randy Learner waived intrest on loans to club of 107.1million creating one time benefit to club of 20.3 million pounds"


Does that mean he (or the Trust) is charging the club about 18-ish% interest?   

[aj2k77]

The guys a joke, £20 million interest? He might aswell fuck off now and take his dogsbody lackeys with him before he completely destroys our club.

You missed the word 'waived.'

How are we ever going to break even if we potentially have to pay £20m in loan fees and whatever other costs this charlatan has schemed for himself? Reduce player wages to £250 a week?

[dave.woodhall]

The guys a joke, £20 million interest? He might aswell fuck off now and take his dogsbody lackeys with him before he completely destroys our club.

You missed the word 'waived.'

How are we ever going to break even if we potentially have to pay £20m in loan fees and whatever other costs this charlatan has schemed for himself? Reduce player wages to £250 a week?

You do know what 'waived' means don't you?

[aj2k77]

The guys a joke, £20 million interest? He might aswell fuck off now and take his dogsbody lackeys with him before he completely destroys our club.

You missed the word 'waived.'

How are we ever going to break even if we potentially have to pay £20m in loan fees and whatever other costs this charlatan has schemed for himself? Reduce player wages to £250 a week?

You do know what 'waived' means don't you?

Is he going to keep waiving these ''fee's'' forever?

[dave.woodhall]

The guys a joke, £20 million interest? He might aswell fuck off now and take his dogsbody lackeys with him before he completely destroys our club.

You missed the word 'waived.'

How are we ever going to break even if we potentially have to pay £20m in loan fees and whatever other costs this charlatan has schemed for himself? Reduce player wages to £250 a week?

You do know what 'waived' means don't you?

Is he going to keep waiving these ''fee's'' forever?

He has done so far. This 'charlatan' has also written off quite a lot of his loans.

[pauliewalnuts]

The guys a joke, £20 million interest? He might aswell fuck off now and take his dogsbody lackeys with him before he completely destroys our club.

You missed the word 'waived.'

How are we ever going to break even if we potentially have to pay £20m in loan fees and whatever other costs this charlatan has schemed for himself? Reduce player wages to £250 a week?

You do know what 'waived' means don't you?

Is he going to keep waiving these ''fee's'' forever?

I don't know, but it strikes me as a bit unfair to be crucifying him for not waiving the interest when has just, errr, waived the interest.

[pauliewalnuts]

We should never be in profit. Why give to HMRC what you can give to the manager in the trasnfer window?

I take it you're not being entirely serious.

[dave.woodhall]

We should never be in profit. Why give to HMRC what you can give to the manager in the trasnfer window?

I take it you're not being entirely serious.

Doug's justification for spending £1.5 million on Cascarino. It would only have gone on tax.