NSWE Investment

[Rory]

On a serious point, I do not understand FFP and why we have to abide by it. Surely the ESL clubs have shat all over it? If not, why are some of them £1bn in debt?

[sickbeggar]

On a serious point, I do not understand FFP and why we have to abide by it. Surely the ESL clubs have shat all over it? If not, why are some of them £1bn in debt?

From memory, clubs like Man U who were basically bought by the Glazers on the never never, still make a big profit to easily service the debt interest even if it remains vast amounts of debt. So in real life you can have a grand in your bank account, you can owe 40k on your credit card and be earning 30k a year but apparently you're better off than someone with 1m in the bank, has no debt, but who only makes 15k per year. Hence all these iffy sponsorship deals with City to boost the money coming in. Just a means to stop new rich upstart owners buying their way into the honeypot and taking the established clubs places basically, and unfortunately we're one of them upstarts.

[Clive W]

On a serious point, I do not understand FFP and why we have to abide by it. Surely the ESL clubs have shat all over it? If not, why are some of them £1bn in debt?

I think that it’s all based on the annual profit and loss and not on balance sheet (which is an accumulation of x years profit and loss)

Therefore as long as the 3 years p&l are within the limits, the outstanding debt, no matter how large, is irrelevant for ffp purposes

[ChicagoLion]

On a serious point, I do not understand FFP and why we have to abide by it. Surely the ESL clubs have shat all over it? If not, why are some of them £1bn in debt?

I think that it’s all based on the annual profit and loss and not on balance sheet (which is an accumulation of x years profit and loss)

Therefore as long as the 3 years p&l are within the limits, the outstanding debt, no matter how large, is irrelevant for ffp purposes

yes the debt is irrelevant FFP is based on an allowable level of losses.
Citeh have driven a bus through the concept by withholding information and it would now appear that they have played the revenue recognition trick as well as engaging in related party sponsorship arrangements.

[Dante Lavelli]

Wes needs to bring a few of the Bucks over with him to show the Villa squad that he means business.

[LeeB]

Wes needs to bring a few of the Bucks over with him to show the Villa squad that he means business.

The Greek lad is a big fella, maybe stick him on with 20 to go if we're losing and want to go long.

[CT]

Wes needs to bring a few of the Bucks over with him to show the Villa squad that he means business.

The Greek lad is a big fella, maybe stick him on with 20 to go if we're losing and want to go long.

You are Steve Bruce and I claim my £5!

[Demitri_C]

Wes needs to bring a few of the Bucks over with him to show the Villa squad that he means business.

The Greek lad is a big fella, maybe stick him on with 20 to go if we're losing and want to go long.

Im not that big sorry to disappoint  😉

[LeeB]

Wes needs to bring a few of the Bucks over with him to show the Villa squad that he means business.

The Greek lad is a big fella, maybe stick him on with 20 to go if we're losing and want to go long.

Im not that big sorry to disappoint  😉

Ha! Bring yer boots anyway.

[Drummond]

Can you just fly into the UK on a whim at the moment?

No. You still need an aircraft to do that.

The Boeing Whim is a small, inter-continental jet.

[john e]

Wes needs to bring a few of the Bucks over with him to show the Villa squad that he means business.

The Greek lad is a big fella, maybe stick him on with 20 to go if we're losing and want to go long.

Im not that big sorry to disappoint  😉

I still think there’s a football in there
Could do a job

[Hockley Lion]

Can you just fly into the UK on a whim at the moment?

No. You still need an aircraft to do that.

The Boeing Whim is a small, inter-continental jet.

😂🤣

[richtheholtender]

No sign of Wes today then?

[jwarry]

No sign of Wes today then?

Wrong thread or you making a point about the investment?

[richtheholtender]

Wrong thread