New chairman and Lerner ramblings

[eddiemunster]

Any chance that our new chairman can be a little bit more forthcoming with his comments?

What exactly do you mean by this Mr Chairman?;
"New Aston Villa chairman Steve Hollis has expressed his frustration at the club's summer spend and insists "other things need to be fixed" before big money is spent again."

What other things need fixing,apart from removing the assholes who mis-spent the £60 million,that you felt was money wasted?

Does our chairman read anything on here, or am I wasting my time asking the questions?

 

[andyh]

It's all talking in riddles though.
We need to fix everything doesn't really explain to the fans what he considers the real big problems or issues.

If 'Fixing' everything includes sacking the people responsible for 'wasting' £60m then that will be a start.

And I do wish people at the club would stop telling us how fucking passionate Lerner is.
Jumping up and down while watching the Wycombe game doesn't really cut it.

[ciggiesnbeer]

Does our chairman read anything on here, or am I wasting my time asking the questions?

No he doesnt. But you are not necessarily wasting your time, we all vent here Btw this will get merged into the other thread most likely, so look for more responses there

[Andy_Lochhead_in_the_air]

This is from an interview today with Sky Sports.

http://www.skysports.com/football/news/11677/10138626/aston-villa-chairman-steve-hollis-frustrated-at-summer-spending

In fairness he has only been in the job a short time and I am not quite sure what else you expect him to say.

[oswald funkletrumpet]

This is from an interview today with Sky Sports.

http://www.skysports.com/football/news/11677/10138626/aston-villa-chairman-steve-hollis-frustrated-at-summer-spending

In fairness he has only been in the job a short time and I am not quite sure what else you expect him to say.

i would at least have expected him to get the amount spent to within 20 million of what it actually was

[ciggiesnbeer]

This is from an interview today with Sky Sports.

http://www.skysports.com/football/news/11677/10138626/aston-villa-chairman-steve-hollis-frustrated-at-summer-spending

In fairness he has only been in the job a short time and I am not quite sure what else you expect him to say.

Ideally he would say "At some point I would be happy to talk about addressing our long term future, but right now all of the clubs attention must be on this transfer window and I will be working non stop to insure we take all steps to bring in the highest quality players immediately to give us the best chance of survival."

Honestly what he thinks about last summer or the previous few seasons of austerity and spending cuts is pretty much moot right now. Its January 21st. He and the entire club should be entirely focused on the transfer window.

[andyh]

This is from an interview today with Sky Sports.

http://www.skysports.com/football/news/11677/10138626/aston-villa-chairman-steve-hollis-frustrated-at-summer-spending

In fairness he has only been in the job a short time and I am not quite sure what else you expect him to say.

Ideally he would say "At some point I would be happy to talk about addressing our long term future, but right now all of the clubs attention must be on this transfer window and I will be working non stop to insure we take all steps to bring in the highest quality players immediately to give us the best chance of survival."

Honestly what he thinks about last summer or the previous few seasons of austerity and spending cuts is pretty much moot right now. Its January 21st. He and the entire club should be entirely focused on the transfer window.

Absolutely and totally agree.
Unless of course they have accepted the drop.

[OCD]

http://www.skysports.com/football/news/11095/10138626/aston-villa-chairman-steve-hollis-frustrated-at-summer-spending

This makes utterly depressing reading.
The austerity drive looks like continuing with no let up.
We appear to be lurching from 1 crisis to the next, and there is obvioulsy no comprehension that BETTER players cost decent money.
I fear the club really has accepted relegation, and think that will 'reset' us financially.

It's all just so fucking depressing.

I actually agree with the Chairman. We need to fix everything from within and sort ourselves out. We have spent money but not wisely for years. Wrong players, wrong contract extensions at the wrong time and so on.

It does not rule out future spending and It suggests Remi can rebuild. I actaully would take more positives from that article than negatives.

Finally it seems to me they have people involved who can see we're in a mess and quick fixes do not work and they will work at putting it all right.

I agree. The point about the net spend is a different one to the amount outgoing. Look at what Gestede and Traore cost and how much better that could have been spent. Had the right coaching structure been in place before the players were signed and everyone was in it together, the side could have been better organised and looking more of a unit from the beginning when the fixtures were there to give us a good start. Any investor needs to be confident that they're giving their money to someone who knows what they're doing.

[ChicagoLion]

For once I am in agreement with this. I am assuming that the player contractual situation is a real mess and before adding to it he wants to get some level of control over these and probably other Financial matters.
It probably means that those expecting new players in this window which will have a major impact on this season will be dissapointed.
I have been saying for a long time that they need to start planning for the Championship, hopefully this is what they are doing.

[ChicagoLion]

Even though he has suggested that's how the structure will be at the club. That as Chairman he will have full decision making authority.

Full decision making authority over running the club and as Chairman but raising money, granting security, selling the ground, agreeing naming rights, changing the name of the club, selling the club. I don't think so.

Where did selling the ground, naming rights, changing the name of the club come from? Has that been suggested by anyone as part of what Hollis is able to do? What's being suggested is that within his parameters as Chairman there's things he can engage to run the club profitably and efficiently as a business. I'm quite sure if a bid came in for the club, he'd know about it, but it's Randy's decision to make. I'm not sure how you made the leap between what is reasonably the Chairman's scope of responsibility to what would obviously involve the owner.

You said full decision making authority, it's above, you wrote it. I am just pointing out that there will be limits to his Authority.

[tomd2103]

Can't link right now but Hollis says Lerner won't be selling Villa until he's sorted us out and is ''pretty passionate'' about us. Yeah Ok, he doesn't understand the meaning of the word passion then, anyway as we suspected Lerner is currently not a motivated seller at all because he knows he wouldn't be offered anything like the price he wants for us.

In other words he can't find a buyer for his inflated price.

At £150 million, I think we're cheap.

So something he paid 66million for 6 years ago which was pre-city and pre fair play, that has been run into the ground, about to get relegated with a squad full of misfits and under achievers is now cheap at 150million. I would like to sell at your prices and buy at mine.

The revenue streams have massively increased in the meantime.

In the PL.

He has tried to sell it whilst we've been a premiership club.

Exactly and why it is worth so much less now.

What is it worth now? Any idea?

Based on a multiple of EBITDA, not much.  But this is football, God knows how it's valued.

Read in the Evening Mail that we were once again in the top 30 richest clubs in the world in the 2014 -15 season (22nd or 23rd I think).  That is despite how garbage we were.  Albion were in the top 30 for the first time as well. 

[ChicagoLion]

The normal methods of Valuation would suggest that the club is worth very little. The EBITDA multiple and net asset valuations don't work.
The devil would be in the deatail and that detail is the player contracts as the players represent the biggest Assets and expense and potential write downs.
RL knows that he would not get back much  of the investment he has put in if he sells now or in the Championship. Tens of millions at best, my hunch is £30 to£50 mil.But he won't sell for that.

[Toronto Villa]

Even though he has suggested that's how the structure will be at the club. That as Chairman he will have full decision making authority.

Full decision making authority over running the club and as Chairman but raising money, granting security, selling the ground, agreeing naming rights, changing the name of the club, selling the club. I don't think so.

Where did selling the ground, naming rights, changing the name of the club come from? Has that been suggested by anyone as part of what Hollis is able to do? What's being suggested is that within his parameters as Chairman there's things he can engage to run the club profitably and efficiently as a business. I'm quite sure if a bid came in for the club, he'd know about it, but it's Randy's decision to make. I'm not sure how you made the leap between what is reasonably the Chairman's scope of responsibility to what would obviously involve the owner.

You said full decision making authority, it's above, you wrote it. I am just pointing out that there will be limits to his Authority.

Yes off course there are limits. As Chairman. It's not like I am suggesting being Chairman means he suddenly became the owner of the club is it?

[Dave Clark Five]

I have hope in the Chairman but no hope in Fox. The latter seems to think that Paddy Riley is a football guru. What will happen when Hollis finds that Riley hasn't got a clue?

[aj2k77]

It's all talking in riddles though.
We need to fix everything doesn't really explain to the fans what he considers the real big problems or issues.

If 'Fixing' everything includes sacking the people responsible for 'wasting' £60m then that will be a start.

And I do wish people at the club would stop telling us how fucking passionate Lerner is.
Jumping up and down while watching the Wycombe game doesn't really cut it.

Most of the clubs doing well haven't spent money........ hmmmm is he sure?