Keith Wyness

[pauliewalnuts]

Pretty amazing, really.

Lose play off final.

Ten days later, owner makes statement about being a businessman and severe cuts and what not.

Two days after that, turns out we have not paid the HMRC their monthly PAYE payment and we've got an insolvency specialist involved.

I am not by any description engaging in wrist slashing, but fucking hell, how grim is that?

[SoccerHQ]

We do seem to be mirroring Leeds a bit.

03/04- Relegated from premier league.

04/05- A nothing, mid table season.

05/06- Lose in play off final.

06/07- Firesale of players and relegated from championship.

[curiousorange]

This could reach Portsmouth-like levels of wilderness exploring. Amazing that one goal - one goal - was all that stood between us and utter oblivion.

I wouldn't whip yourself into a frenzy. See what happens.

I do overreact at times, but the best thing to happen to me as a Villa fan in the last ten days is the lack of traffic jams leaving the Yellow car park at Wembley.

[Des Little]

This is not the way I wanted to tick off visiting the rest of the 92 league grounds.

[PaulWinch again]

Pretty amazing, really.

Lose play off final.

Ten days later, owner makes statement about being a businessman and severe cuts and what not.

Two days after that, turns out we have not paid the HMRC their monthly PAYE payment and we've got an insolvency specialist involved.

I am not by any description engaging in wrist slashing, but fucking hell, how grim is that?

Pretty fucking grim and frankly whether the owner has no money or has money and can’t get it out of China it pretty much amounts to the same thing for Villa, we are in big trouble.

[Mister E]

So, Trevor Birch worked with Ken Bates.
Twice.

That is really, really reassuring.

Okay; I lied.

[Billy Walker]

Well it looks like Xia gambled our club’s whole future on promotion and lost. Cheers pal

Indeed.

An utter fucking chancer.

Oh and a final 'well done' to Lerner for failing to spot it, too.

I doubt Lerner could detect shit on a blanket.

I always said I would reserve final judgement on Lerner until I saw the kind of people he sold us on to... *sigh*  From Doug, to Lerner to this. Is there anyone out there who can rescue us from this spiralling conveyor belt of shit?  How on earth did the Doc get past the EFL fit and proper test?

[sickbeggar]

Makes you wonder. If we're not paying off the HMRC who you really don't want to piss off, how many more creditors are there?

[Chico Hamilton III]

Pretty amazing, really.

Lose play off final.

Ten days later, owner makes statement about being a businessman and severe cuts and what not.

Two days after that, turns out we have not paid the HMRC their monthly PAYE payment and we've got an insolvency specialist involved.

I am not by any description engaging in wrist slashing, but fucking hell, how grim is that?

There was the Wolves story from the bleak mid 80s when the milkman would only deliver to Molineux if he got cash in hand. It's not that bad yet

[PeterWithe]

Makes you wonder. If we're not paying off the HMRC who you really don't want to piss off, how many more creditors are there?

If Mays wage bill hadn’t been paid I’d imagine we would have heard of it by now.

[JUAN PABLO]

somebody said wyness has been suspended due to remarks made on social media about a referee with reference to being disabled 


probably bs

He had a 2 week FA suspension yonks ago over that. This is a suspension by the club.

ok cheers I  thought for a minute it was a way for Xia to get rid

[sickbeggar]

Makes you wonder. If we're not paying off the HMRC who you really don't want to piss off, how many more creditors are there?

If Mays wage bill hadn’t been paid I’d imagine we would have heard of it by now.

well i'm hoping it isn't that bad. I mean just companies that bill us for services. If your struggling for cash you pay the nasty bastards first like HMRC and delay all the others.

[Matt Collins]

Impact of Chinese capital controls on Atletico (who had a transfer embargo):

Reuters) - Dalian Wanda Group has sold a 17 percent stake in Atletico Madrid, the Spanish football club said on Wednesday, the latest step in the Chinese conglomerate's strategy to reduce debt.

The sale to Israeli billionaire Idan Ofer for an undisclosed sum adds to deals worth about $16 billion that Wanda has announced since last year.

Wanda bought a 20 percent stake in Atletico in 2015 for 45 million euros (£40 million), becoming the first mainland Chinese company to invest in a top European club as part of China's push into football.

Wanda, along with other major conglomerates including HNA Group and Fosun International , has faced increased scrutiny of its finances and debts over the past year as Beijing clamps down on what it terms irrational overseas deals.

"The decision to disinvest is part of the Chinese group's global strategy," Atletico said in a statement on its website.

A spokesperson for Wanda Group declined to comment when contacted by Reuters.

China abruptly shifted over a year ago from a policy of providing its domestic conglomerates with cheap cash to help them to become global champions, towards tightening capital controls and bank credit.

[Legion]

Flatpack administration anyone? A CVA?

[kippaxvilla2]

Flatpack administration anyone? A CVA?

Pre pack means 12 point deduction.  As would a CVA I guess.