The Long Awaited Accounts....

[Ads]

I'm part of an impressive list of managers including Baron (what a quality away day that was by the way) and Marshall to have never lost a game. You humans are safe in my hands.

[Yossarian]

I agree. Surely this is where Lerner has fallen down ever since he first walked in the door.

Can we not afford a decent carpet fitter either?

Well I laughed at least.

[fbriai]

I agree. Surely this is where Lerner has fallen down ever since he first walked in the door.

Can we not afford a decent carpet fitter either?

Well I laughed at least.

I've only just seen this. Made me laugh as well.

[cdward]

http://swissramble.blogspot.ie/2016/03/aston-villa-this-house-is-circus.html?m=1

As posted on another thread - an interesting read

[myf]

http://swissramble.blogspot.ie/2016/03/aston-villa-this-house-is-circus.html?m=1

As posted on another thread - an interesting read

some staggering stats on there. 7th highest wage bill in the prem, biggest loss of all the prem clubs from those released to date. Even behind chelsea. I was surprised to see only a small number of clubs made a loss last year.

you can see why Hollis put a block on the spending

[sickbeggar]

That said, Villa’s recent net spend still lags behind other clubs, e.g. only four Premier League clubs had a lower net outlay than their £33 million over the last three seasons: Stoke City, Southampton, Swansea City and Tottenham (due to Gareth Bale’s huge sale to Real Madrid).



Spending 10m a season net gets you relegated unless you're lucky enough to have a good manager, good scouts or players to sell for stupid money

[placeforparks]

BUMP

any news on the 2015/16 accounts?

[aj2k77]

BUMP

any news on the 2015/16 accounts?

Don't overly worry yourself with them, they will be atrocious.

[kippaxvilla2]

End of February is the deadline for filing.

[ciggiesnbeer]

Just type some random numbers into a word processor then change the font colour to red , type "Millions" at the end and you will have a reasonable approximation.

[CT Villan]

New post on AVFC...

Aston Villa’s accounts for the year ended May 31, 2016 show turnover of £108.8m, a fall of £6.9m compared to the year ended May 31, 2015.

The fall can be primarily attributed to a reduction in the Club’s share of revenue from the FA Premier League’s broadcasting agreements as a result of the final league standings.

The accounts show an operating loss before exceptional items of £1.6m.

Exceptional items amounted to £79.6m, consisting of charges for the impairment of tangible fixed assets and intangible assets of £44.8m and £34.8m respectively.

The impairment charges increased the operating loss before interest and tax to £81.3m.

The takeover of the club by Dr Tony Xia was completed on June 14, 2016.

What are impairment charges ?

[dave.woodhall]

New post on AVFC...

Aston Villa’s accounts for the year ended May 31, 2016 show turnover of £108.8m, a fall of £6.9m compared to the year ended May 31, 2015.

The fall can be primarily attributed to a reduction in the Club’s share of revenue from the FA Premier League’s broadcasting agreements as a result of the final league standings.

The accounts show an operating loss before exceptional items of £1.6m.

Exceptional items amounted to £79.6m, consisting of charges for the impairment of tangible fixed assets and intangible assets of £44.8m and £34.8m respectively.

The impairment charges increased the operating loss before interest and tax to £81.3m.

The takeover of the club by Dr Tony Xia was completed on June 14, 2016.

What are impairment charges ?

Writing off goodwill, or what seems to be flogging players at a loss.

[itbrvilla]

£80m fucking hell.

[oswald funkletrumpet]

I was going to ask if an 81 million loss was bad

[aev]

Glad it isn't my money.