The Long Awaited Accounts....

[N'ZMAV]

So is it a case of we've got to go up next season or we're seriously in the shit?

I do not understand all this financial waffle - maybe that's a good thing.

[itbrvilla]

So is it a case of we've got to go up next season or we're seriously in the shit?

I do not understand all this financial waffle - maybe that's a good thing.

I can't help but think we already are.

[Jon Crofts]

So is it a case of we've got to go up next season or we're seriously in the shit?

I do not understand all this financial waffle - maybe that's a good thing.

I can't help but think we already are.

I thought the parachute payments increase in year 2?

Even so £81 million, bravo Randy, bravo.

[PeterWithe]

Am I understanding that right, we managed to lose £80m in a single year despite being in the Premier League?

[PeterWithe]

Am I understanding that right, we managed to lose £80m in a single year despite being in the Premier League?

And how does that square with Steve Wyness saying there was £30m of debt that needed to be wiped when Tony Xia took over?

[AVH87]

Ouch. Think we can now see why RDM was ditched so quickly and the 'promotion specialist' brought in. We've gambled massively with managerial changes and splashing the cash but will have to cut our cloth accordingly next year.

[N'ZMAV]

So we're fucked then?...

[adrenachrome]

BBC Sport

Aston Villa: £81m loss recorded for 2015-16 Premier League relegation season

Aston Villa have reported an £81m loss for the financial year 2015-16, the season in which they were relegated from the Premier League, prior to Dr Tony Xia's summer takeover.

According to a club statement, Villa's operating loss trebled from £26.6m in 2014-15, while turnover fell from £115.7m to £108.8m.

Villa's average home gates were hardly affected despite such a poor season.

The drop in revenue is attributed to a smaller share of Premier League money.

Villa's average home league attendance in 2015-16 was 33,690, a fall of only 1.33 % on the previous campaign, when they averaged 34,133 at their 42,660-capacity Birmingham home.

But finishing bottom last season, compared to 17th the year before, that meant a smaller share of the pay-out from the Premier League's broadcasting agreements.

What exactly are Villa's assets?

The club put £79.6m of the £81m loss down to "exceptional items" including the "impairment of tangible fixed assets and intangible assets".

Intangible assets, which include the value of its players' registrations, dropped by £34.8m.

Tangible assets include property and equipment the club owns.

The impact of Dr Tony Xia's takeover of the club for £76m will not show until the 2016-17 accounts are published next year.

The new Villa owner completed his takeover on 14 June 2016, two months after the Football League and Premier League co-founders' first relegation in 30 years.

[mr underhill]

so unless we have any reserves to fall back on we're bankrupt?

[oswald funkletrumpet]

So is it a case of we've got to go up next season or we're seriously in the shit?

I do not understand all this financial waffle - maybe that's a good thing.

I can't help but think we already are.

I thought the parachute payments increase in year 2?

Even so £81 million, bravo Randy, bravo.

From memory our parachute money was 40 odd million this season, 38 next season and 13 in season 3

Dr tony has stated on twitter that the parachute money this season didnt cover wages and he was funding out of his own pocket

Next season will see less less matchday, sponsorship and commercial revenue so yes if we dont go up we are royally fucked

[PeterWithe]

Next season will see less less matchday, sponsorship and commercial revenue so yes if we dont go up we are royally fucked

As those figures are based on PL income, wouldn't they also suggest that if we do go up and finish near the bottom of the table, we are also fucked?

Still, worse things happen at sea....

[oswald funkletrumpet]

Next season will see less less matchday, sponsorship and commercial revenue so yes if we dont go up we are royally fucked

As those figures are based on PL income, wouldn't they also suggest that if we do go up and finish near the bottom of the table, we are also fucked?

Still, worse things happen at sea....

If we go up then sky money is at least 100 million which is the get out of jail card

I think last year year turnover was 115 and of that 65 million was from sky which shows how fucked you are when it gets taken away

[clash city rocker]

If it gets too bad will it be like RBS where the government take us over and pump billions into us and from then on in we can comfortably loose £7 billion a year without anyone saying anything.    Randy Lerner businessman. ...yeah right

[ChicagoLion]

so unless we have any reserves to fall back on we're bankrupt?

No.

[ChicagoLion]

As long as the company continues to meet its liabilities as and when they fall due we are fine, if however the good Doctor decided not to support us financially, we are then fucked.
This is the case with many clubs that are loss making.