Financial fair play

[VinnieChase84]

There was a lot of noise that FFP was being looked at and potentially changed? If 12 clubs have failed it for this year then a change is surely likely? Shows the majority cannot/won’t adhere to it as things stand.

[Matt Collins]

On the Hogan question, I don't think so

Scenario where we don't sell him, we amortise say 2.5m pa of costs (10m over 4 years)

Scenario where we sell him for 5m we are better off. Though not sure if we can score the total income in one go (+2.5 net) or if it's also spread

I may be wrong though. But doesn't stand to reason that you're worse off financially for generating income. I don't think we treat players as assets on balance sheet that are subject to depreciation. Otherwise you'd get a double hit every time a players value declined

[Ad@m]

This is the best summary I found. Can't vouch for its veracity but I found it both convincing and obviously alarming. In short, says we need to generate c £40m next season. We can save a bit on the high earners leaving. But that looks like jack leaving to me. Can't imagine Kodjia's stock is high enough

https://heartoftheholte1874.wordpress.com/2018/02/20/villa-play-ffp-roulette-as-the-consequences-of-failing-this-season-becomes-clear/#more-37

Any accountant types able to comment on this piece?

I haven't double-checked his figures but I can't argue with the logic.

He's looked at it in more detail than I have the time for but he's got to the same position - we need to find £40-£50m to balance the books.  That's simply impossible without selling players.

[A Northern Soul]

If we go bottom end as say it’s £35m, what is the going rate for sponsorship of a training ground, maxing out the value of shirt sponsorship, and even sponsoring the ground. Maybe £15m max all in? Then getting into the realms of fire sale, what land, etc. have we got left that we could offload? Clutching at every straw before reaching the inevitable conclusion...

[VinnieChase84]

We’ve got £8m from the Amavi sale to take into account as we deferred payment till this summer

[VinnieChase84]

Could really do with Traore getting a big move and Veretout as we have sell on clauses

[Steve67]

There was talk of Veretout going to Juventus recently.  If we have a sell on fee, let's hope that this move happens. Chelsea are also said to be looking at Traore too, he will cost at least £20 mill.

[ChicagoLion]

This is the best summary I found. Can't vouch for its veracity but I found it both convincing and obviously alarming. In short, says we need to generate c £40m next season. We can save a bit on the high earners leaving. But that looks like jack leaving to me. Can't imagine Kodjia's stock is high enough

https://heartoftheholte1874.wordpress.com/2018/02/20/villa-play-ffp-roulette-as-the-consequences-of-failing-this-season-becomes-clear/#more-37

Any accountant types able to comment on this piece?

Yes , exactly my understanding.
We are truly fucked.

[ChicagoLion]

On the Hogan question, I don't think so

Scenario where we don't sell him, we amortise say 2.5m pa of costs (10m over 4 years)

Scenario where we sell him for 5m we are better off. Though not sure if we can score the total income in one go (+2.5 net) or if it's also spread

I may be wrong though. But doesn't stand to reason that you're worse off financially for generating income. I don't think we treat players as assets on balance sheet that are subject to depreciation. Otherwise you'd get a double hit every time a players value declined

Players are Assets on the Balance sheet.

[Ads]

Amavi sale, £2 million a year saved on Gabby and 3 increased commercial deals. The question is, how much are the latter worth? £12 million combined? More?

[ChicagoLion]

As Jordan points out, it’s very difficult to see how we could comply without selling Jack and Chester and there still being no money to rebuild the team

[Des Little]

I’ve fixed it. All we need to do is sell Jack to Recon FC (2018) for £200 million then take him back on loan indefinitely.

Piece of piss, this. Night all.

[villan from luton]

We are all speculating at the moment, lets see how it goes

[Ads]

Aye. We should let cricket have it's chance to make our piss boil for 3 months and see what happens where we are in August.

[robleflaneur]

If I had the technical nouse,I would post a link,but basically it concerns Wyness' interview with Bham Mail March 14/15 2017, the interview about the need for contigency plans for another season,2018-19 ,in the Championship and sitting down with Xia and discussing those plans.
I find that,perhaps naively,reassuring  in contrast to the lack of a business plan and a need to protect your business under Lerner. Wyness stressed a need to grow income.Are the kit deal and  naming rights signs of that strategy ?Was Amavi 's deferred transfer fee,not only a precaution because of his injury concerns but also limiting the damage in 2018-9.Would we have signed Bedeau for 900k in Jan 2017 if it had been all about the absolute desperate need to gain promotion this season,as they knew he was not a signing for the immediate future.Surely,after such a meeting with Xia,the outcome couldn't have been,let's bet the ranch on promotion after being nowhere near the play offs at that time.