We don’t know any detail really about Villa’s finances or what is reported is true, but I think we should be encouraged today that our owner has found a way to find some money to pay HMRC. Today would have been an ideal time for him to just walk away and cut his losses, money paid to HMRC benefits only the public purse and not the football club at all (this is good though it pays Nurses etc etc and not Micah Richards)He’s not likely to get a return on his investment anytime soon so perhaps this is the start of a return to a more sustainable future and demonstrates at least some commitment from him.
Despite all the waffle, it seems to me that it's little more than a cash flow problem, the details of which are sketchy. Whoever was finding the money from China has pulled the plug on the payment for May, the reasons for that and whether its permanent or not we don't know. Wyness is suspended, we don't know why but it sounds like he's not of the same opinion as Xia on how to resolve the issue so Xia has suspended him with an 'if you want a job done properly do it yourself' attitude. Xia has very quickly got out of the initial mess with time to move players on and straighten the books for quite a bit longer. We are even now talking about bringing players in which I suppose you would expect considering quite a few will have to go. As long as Xia, Round and Bruce etc are clever about this and get some good business done we could even be competitive in the division next season. Personally I think the mass hysteria should certainly die down now.
Quote from: Clark W Griswold on June 07, 2018, 08:57:03 AMDespite all the waffle, it seems to me that it's little more than a cash flow problem, the details of which are sketchy. Whoever was finding the money from China has pulled the plug on the payment for May, the reasons for that and whether its permanent or not we don't know. Wyness is suspended, we don't know why but it sounds like he's not of the same opinion as Xia on how to resolve the issue so Xia has suspended him with an 'if you want a job done properly do it yourself' attitude. Xia has very quickly got out of the initial mess with time to move players on and straighten the books for quite a bit longer. We are even now talking about bringing players in which I suppose you would expect considering quite a few will have to go. As long as Xia, Round and Bruce etc are clever about this and get some good business done we could even be competitive in the division next season. Personally I think the mass hysteria should certainly die down now.How have we got out of the initial mess which time to sort things out for a bit longer?We've agreed a deal to get more time to pay last month's paye bill. Next month's (plus the rest of the wage bill) is still coming, though. And the month after, and the month after and so on.I fear things are going to get much worse before they start to get better.
HS2 isn’t going to hit BMH until 2025 is it? In which case they could agree a sale and leaseback I suppose?
No club in their right mind would buy anyone off us now. Wait a week or two until the administrators are in and then get them for a fraction of the price or even for free (to get them.off our wage bill).
Wyness said at the fan forum there was a plan for if we didn't get promoted. Which now appears to be to go into administration. Fuck me how do these people get these jobs?