The Long Awaited Accounts....

[Risso]

Both.

[FatSam]

Does Xia still have a minority stake?

“I went to Birmingham, bought a football club and all I have left is these crepe shoes”

Shrove Tuesday was yesterday...

[Dave P]

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

Being married.

Bravo, Sir!

[eddiemunster]

If we don't offer contracts to Bunn, Hutton, Elphick, Jedinak, Richards, De Laet, and Whelan, we'll save approx. £ 225 thousand per week. Add the money for the loanees El Ghazi etc ( £124 thousand per week). That's a total of £ 349 thousand per week. That's just over £ 18 million pound per year in wages alone being saved. Absolutely fecking crazy amounts!!!!!! And that's just 7 out of the 18 players who are out of contract at the end of the season, and doesn't take into account any academy players who may be out of contract.

Is it any wonder the club was close to admin, before our new owners came in???

Let's hope, that the last transfer window was a sign of how the club will perform in the future........buy a player who is needed, is young, is cheap and is potentially an improvement in the position he's been bought for than what we've already got and on a much lower contract!!!

[Meanwood Villa]

All this stuff about all the wages we'll be saving, do people realise we'll need to sign new players and pay them too??

[john e]

All this stuff about all the wages we'll be saving, do people realise we'll need to sign new players and pay them too??

at least they might play unlike Richards

[SoccerHQ]

All this stuff about all the wages we'll be saving, do people realise we'll need to sign new players and pay them too??

We don't need to replace them all...Whelan and Jedinak only needs one player signed to cover them, Bunn is number 4 keeper, Richards dosen't need words.

[b23]

Is the Club FFP compliant for the time being ?

Is it correct that a £13 million per season deficit is allowable ?

If so, it's an on going problem ?

[SheffieldVillain]

All this stuff about all the wages we'll be saving, do people realise we'll need to sign new players and pay them too??

Bunn, Jedinak, Richards, De Laet, Gardner have played how many games between them this season to need replacing?
 
We've already brought in a right back to replace Hutton and have Bree as well at the club (and AEH at present). Contrary to what Steve Bruce thought, you really don't need to have 5 right backs at any given time.

So straight away that's probably £150k per week or nearly £8 million a year saved without needing any further replacement.

That's before you go into the probability that anyone brought in to replace Hogan, Taylor, Kodija, McCormack and the like will almost certainly be on lower wages.

[b23]

The players that the Club sign for the foreseeable future, won't be joining for ridiculous wages.

They'll be joining for the Glory of playing for Aston Villa.

I'm looking forward to it all.

[wozwebs]

A good thread explaining the findings:

https://threadreaderapp.com/thread/1103428294291189761.html

[ChicagoLion]

As per the above analisys we look destined to contravene FFP.

[sid1964]

Reading that thread, firstly it is mind blowing the money we spend on paying our players, how did it increase so drastically? and it looks as though we can expect to fail FFP, i assume that if we do this then a points deduction / fine could hit us 2020/2021 season (we have to get promoted next season!)

[Ads]

It increased as Bruce stated players need to be paid more to deal with the pressure of playing for Aston Villa.

We've spent a fortune on fees and wages and how many have contributed this season?

[cdbearsfan]

It still doesn't sound good. They have said we are compliant for 2018-19 for a while. What about beyond that? Do we face the possibility of a points deduction next season? If, as VinnieChase suggested, the new owners have wiped the slate clean, why don't they say so to allay concerns?

Its not a literal clean slate, just more that weve not breached FFP as things stand and have a plan.From this Purslow/NSWE have inherited this to date, and now have a 3 year plan on ways not to breach FFP (which league are happy with).

It's worth noting that the EFL look at current seasons finances with regards any penalties etc. The league would have been fully aware of all these figures published last season. If any sanctions would be followed then we would have known in the summer.

We have recently re-valued some assets (land would be my guess, training ground) - Any sale of these by June 19 would fall into this years accounts.

So if we have agreed a three year plan, does this mean we are exempt from punishment for the first three years of them being in charge (ie until the end of 2020/21 season)?