Quote from: Demitri_C on February 28, 2020, 10:24:48 AMQuote from: Ads on February 28, 2020, 10:21:19 AMI think his problems is that you appear to dramatize and catastrophise every possible situation.All i said was i fear the losses will be astronomical whats wrong with that ?We spent 150m in the summer with no major out goings.I gurantee if i responded in the way he did id be jumped on.The £150m spent in the summer are not relevant until this time next year. Accounting is 1 year behind real time - So we are looking at the period ending 12 months ago (combined with the previous seasons).In any case, we received TV money to counter the £150m (which is probably spread over 3 or 4 years by way of stage payments).It's wages that kill us, not transfer fees.
Quote from: Ads on February 28, 2020, 10:21:19 AMI think his problems is that you appear to dramatize and catastrophise every possible situation.All i said was i fear the losses will be astronomical whats wrong with that ?We spent 150m in the summer with no major out goings.I gurantee if i responded in the way he did id be jumped on.
I think his problems is that you appear to dramatize and catastrophise every possible situation.
Quote from: Demitri_C on February 28, 2020, 10:24:48 AMQuote from: Ads on February 28, 2020, 10:21:19 AMI think his problems is that you appear to dramatize and catastrophise every possible situation.All i said was i fear the losses will be astronomical whats wrong with that ?We spent 150m in the summer with no major out goings.I gurantee if i responded in the way he did id be jumped on. Paulie isn't reacting to this single episode.To couch it another way; event A happens. People react. Some positively, some with indifference and some with concern. A discussion develops.Your take on a matter is universally dramatic. It's a bad scenario and what's worse, theres fire and brimstone raining down from the sky. Rivers and seas boiling, 40 years of darkness, earthquakes and volcanoes, the dead rising from the grave, human sacrifices, cats living with dogs. Mass hysteria. See all that? That's you that is.And I think that is what has ground Paulies' gears.
Quote from: Ads on February 28, 2020, 10:45:46 AMQuote from: Demitri_C on February 28, 2020, 10:24:48 AMQuote from: Ads on February 28, 2020, 10:21:19 AMI think his problems is that you appear to dramatize and catastrophise every possible situation.All i said was i fear the losses will be astronomical whats wrong with that ?We spent 150m in the summer with no major out goings.I gurantee if i responded in the way he did id be jumped on. Paulie isn't reacting to this single episode.To couch it another way; event A happens. People react. Some positively, some with indifference and some with concern. A discussion develops.Your take on a matter is universally dramatic. It's a bad scenario and what's worse, theres fire and brimstone raining down from the sky. Rivers and seas boiling, 40 years of darkness, earthquakes and volcanoes, the dead rising from the grave, human sacrifices, cats living with dogs. Mass hysteria. See all that? That's you that is.And I think that is what has ground Paulies' gears.See that record cup final defeat? That's your mom, that is.
Quote from: Brassneck on February 28, 2020, 10:30:13 AMQuote from: Demitri_C on February 28, 2020, 10:24:48 AMQuote from: Ads on February 28, 2020, 10:21:19 AMI think his problems is that you appear to dramatize and catastrophise every possible situation.All i said was i fear the losses will be astronomical whats wrong with that ?We spent 150m in the summer with no major out goings.I gurantee if i responded in the way he did id be jumped on.The £150m spent in the summer are not relevant until this time next year. Accounting is 1 year behind real time - So we are looking at the period ending 12 months ago (combined with the previous seasons).In any case, we received TV money to counter the £150m (which is probably spread over 3 or 4 years by way of stage payments).It's wages that kill us, not transfer fees.@adsSee this is the kind of reply that is more productive educating others not stupid points about me wanking off if results turn out bad I see various other posts that are negative but he dont say anything to them . He is obsessesd with me for some reason . Its very hypocritical to criticise me then him reply with even more negativity about me.Thanks brassneck for that post that gives me a better understanding of the numbers.
Quote from: Demitri_C on February 28, 2020, 10:53:44 AMQuote from: Brassneck on February 28, 2020, 10:30:13 AMQuote from: Demitri_C on February 28, 2020, 10:24:48 AMQuote from: Ads on February 28, 2020, 10:21:19 AMI think his problems is that you appear to dramatize and catastrophise every possible situation.All i said was i fear the losses will be astronomical whats wrong with that ?We spent 150m in the summer with no major out goings.I gurantee if i responded in the way he did id be jumped on.The £150m spent in the summer are not relevant until this time next year. Accounting is 1 year behind real time - So we are looking at the period ending 12 months ago (combined with the previous seasons).In any case, we received TV money to counter the £150m (which is probably spread over 3 or 4 years by way of stage payments).It's wages that kill us, not transfer fees.@adsSee this is the kind of reply that is more productive educating others not stupid points about me wanking off if results turn out bad I see various other posts that are negative but he dont say anything to them . He is obsessesd with me for some reason . Its very hypocritical to criticise me then him reply with even more negativity about me.Thanks brassneck for that post that gives me a better understanding of the numbers.I am obsessed with you? I've replied to your posts about three times ever.Mostly because i scroll past them as fast as my little fingers can work the trackpad.
Announcement on Financial ResultsExceptional promotion-related costs of £45.8m including a one-off £30m contingent payment to former owner Randolph D Lerner were substantial contributory factors in the £68.9m loss recorded in Aston Villa’s group accounts for the year ended May 31, 2019 published today. The Club’s ultimate parent company, NSWE SCS, introduced £30m by way of a capital injection to enable the Club to settle the liability when former owner Recon Group Limited defaulted on the payment.The payment was made in accordance with the provisions of the purchase agreement of May 2016 between Recon Group Limited (Buyer), Randolph Lerner / Alfred Lerner Declaration of Trust (together the Sellers) and Zhejiang Ruikang Investment Co. Limited and Jian Tong Xia (together the Guarantors).The terms of the agreement stipulated that if Recon Group Limited and the Guarantors failed to pay the £30m bonus due to the Sellers on Aston Villa’s promotion back to The Premier League, the Club would be liable for the payment.On June 6, 2019, Recon Group Limited (Hong Kong) confirmed default on the payment. The liability was settled through payment on July 12, 2019. As a result, the Club made provision for a £30m liability in the 2018/19 year-end accounts.NSWE SCS is wholly owned by Wes Edens and Nassef Sawiris.During the year the ownership group introduced £105.7m into the Club all of which was in the form of capital injections which resulted in Aston Villa remaining debt free.Aston Villa can confirm that in the 3-year period ending May 31, 2019, the Club complied with the EFL’s Profitability & Sustainability Rules. After promotion, The Premier League reviewed and confirmed compliance in accordance with their own policies and procedures.Turnover in the financial year to May 31, 2019 was £54.3m, a fall of £14.3m compared to the year ended May 31, 2018. This was primarily due to a reduction in Premier League parachute payments in the third successive season the club competed in The Championship.
I see the PL has confirmed but will we still have a problem with the EFL if we go down?
Quote from: ChicagoLion on February 28, 2020, 11:49:09 AMI see the PL has confirmed but will we still have a problem with the EFL if we go down?Don't think so:"Aston Villa can confirm that in the 3-year period ending May 31, 2019, the Club complied with the EFL’s Profitability & Sustainability Rules. "[/quoteSorry missed that.
Quote from: ChicagoLion on February 28, 2020, 11:49:09 AMI see the PL has confirmed but will we still have a problem with the EFL if we go down?Don't think so:"Aston Villa can confirm that in the 3-year period ending May 31, 2019, the Club complied with the EFL’s Profitability & Sustainability Rules. "
So the lerner pay off 30m that would go towards our FFP record? I dont see how thats fair that the fraud Xia almost destroyed us so our owners had to pay him off and then pay lerner a agreement he made with Lerner.
Quote from: pauliewalnuts on February 28, 2020, 11:50:55 AMQuote from: ChicagoLion on February 28, 2020, 11:49:09 AMI see the PL has confirmed but will we still have a problem with the EFL if we go down?Don't think so:"Aston Villa can confirm that in the 3-year period ending May 31, 2019, the Club complied with the EFL’s Profitability & Sustainability Rules. "There is of course a big difference between us confirming it and the EFL doing so - Fingers crossed though.