The Long Awaited Accounts....

[clash city rocker]

No matter what the accounts say ,we will still be playing in the championship next season.

[Ad@m]

Come on round, we can Netflix and chill and analyse the accounts. x

Get a room!

[Sexual Ealing]

Come on round, we can Netflix and chill and analyse the accounts. x

Get a room!

If you commit to getting a room Risso, then I'd be way too awkward to refuse you.

[adrenachrome]

Come on round, we can Netflix and chill and analyse the accounts. x

Get a room!

If you commit to getting a room Risso, then I'd be way too awkward to refuse you.

Game on!

[Sexual Ealing]

Come on round, we can Netflix and chill and analyse the accounts. x

Get a room!

If you commit to getting a room Risso, then I'd be way too awkward to refuse you.

Game on!

Grab me by the pussy.

[Louzie0]

Hate to think that an innocent moggy might be confronted with a calculator.

[Jon Crofts]

They don’t make good reading. And don’t include the Recon accounts which will be even more frightening.

£38million loss from non football operations.

Overall accumulated losses of £265 million for all years of trading.

£32 million loss for 17/18

TV money down £7m an likely to fall c£20million 18/19.

Controlling company now in Luxembourg.

[Ads]

The way the summary of the accounts is presented, it has ourbyesr end as being linked to season end?

We've lost £39 million over the first two seasons, so whatever we've lost for this season is what we're over FFP by.

[VinnieChase84]

The way the summary of the accounts is presented, it has ourbyesr end as being linked to season end?

We've lost £39 million over the first two seasons, so whatever we've lost for this season is what we're over FFP by.

Purslow and NSWE agreed a 3 year plan with the EFL due to these inherited losses. Coming in at £39m level would make it nigh on impossible to fix quickly. New 3 year rolling cycle a system far as I’m aware and plan in place 

[Villa75]

So new owners coming in wipes the slate clean? Nice one!

I wonder if other clubs know of this get out clause?

[AVH87]

Once Recon accounts are released which contain our wage bill, this is going to get a whole lot worse. Wage bill could be anywhere between £40-50m by my estimates, so when you add that on to the £32m loss, 2017/18 is looking a disaster. I fear an embargo.

[Risso]

Once Recon accounts are released which contain our wage bill, this is going to get a whole lot worse. Wage bill could be anywhere between £40-50m by my estimates, so when you add that on to the £32m loss, 2017/18 is looking a disaster. I fear an embargo.

You can tell that the wages have massively increased, as I think the football side get recharged to Group from Aston Villa Football Club Limited.  In these accounts, admin expenses have increased by £20m, the vast bulk of which will be wages, which has led to the £32.5m loss.

On top of this, Recon Football Limited, the immediate parent of Aston Villa Football Club Limited have released their accounts, and in those there's £29m of exceptional costs, which is the impairment in value of all the investments.  If those are added to the football trading losses, then we could be looking at c.£60m os losses in the consolidated accounts in Recon Group UK Limited.  Those accounts haven't surfaced yet, and it's possible that there might be some double counting in there.

In any case though, it's not looking very pretty.

[Rudy Can't Fail]

Purslow and NSWE agreed a 3 year plan with the EFL due to these inherited losses. Coming in at £39m level would make it nigh on impossible to fix quickly. New 3 year rolling cycle a system far as I’m aware and plan in place 

You do realise that is really going to piss off Small Heath especially as they'll spend all day celebrating our accounts.

[Jon Crofts]

Once Recon accounts are released which contain our wage bill, this is going to get a whole lot worse. Wage bill could be anywhere between £40-50m by my estimates, so when you add that on to the £32m loss, 2017/18 is looking a disaster. I fear an embargo.

Higher. £61m is well reported.

[Jon Crofts]

How on earth do you lose £38 million on non football activities?