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Author Topic: Villa Park Redevelopment  (Read 1140542 times)

Online ChicagoLion

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  • Location: Chicago
  • Literally
Re: Villa Park Redevelopment
« Reply #6270 on: January 18, 2024, 07:57:08 AM »
I'm sure I read that Spurs' new stadium has an on site brewery. So it'll cost to make the beer but they won't have to pay to transport it. This presumably equals more profit when they sell it on matchday.
But of their beers on sale are the usual mass produced crap.

Offline chrisw1

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  • Posts: 10080
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Re: Villa Park Redevelopment
« Reply #6271 on: January 18, 2024, 08:43:29 AM »
Deloitte, using one assumes the club's accounts, provide one number, but some really figure plucked from the air calculations by people on the internet say "Nah, reckon it's 5 times as much".

I know who I believe. It's almost as bad as when people, who are not engineers with a long history of working on projects like this, assure us it "wouldn't be too difficult" to implement whatever utterly hatstand idea they have for adding seats.

The history and credibility of audit "partners" like Deloitte might lead you to swing more towards randomers on the internet for your facts. They were the audit partner of the basket case FAI for over 20 years, for example.
Deloitte / PWC both have form when it comes to massaging the numbers . As for high turnover relating to a high tax bill, anyone with half a brain will know there's plenty of avenues for avoiding the tax man.
I suspect that very rarely involves inflating your income.

Offline Sexual Ealing

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Re: Villa Park Redevelopment
« Reply #6272 on: January 18, 2024, 08:45:39 AM »
It does if you have half a brain.

Offline Percy McCarthy

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  • Location: I'm hiding in my hole
    • King City Online
Re: Villa Park Redevelopment
« Reply #6273 on: January 18, 2024, 08:53:47 AM »
I'm sure I read that Spurs' new stadium has an on site brewery. So it'll cost to make the beer but they won't have to pay to transport it. This presumably equals more profit when they sell it on matchday.

We’re getting one of them.

Online LeeB

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  • Location: Standing in the Klix-O-Gum queue.
  • GM : May, 2014
Re: Villa Park Redevelopment
« Reply #6274 on: January 18, 2024, 09:00:57 AM »
I'm sure I read that Spurs' new stadium has an on site brewery. So it'll cost to make the beer but they won't have to pay to transport it. This presumably equals more profit when they sell it on matchday.

We’re getting one of them.

So with the catering staff we have we literally won't be able to organise a piss up in a brewery.

Offline Nev

  • Member
  • Posts: 15917
  • Location: Vibrania
  • GM : 03.02.2022
Re: Villa Park Redevelopment
« Reply #6275 on: January 18, 2024, 09:39:04 AM »
I'm sure I read that Spurs' new stadium has an on site brewery. So it'll cost to make the beer but they won't have to pay to transport it. This presumably equals more profit when they sell it on matchday.

Yes but what happens when the horse dies?

One for the teenagers there.

Offline frankmosswasmyuncle

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  • Posts: 6095
  • Location: The Right Side
  • GM : 05.09.2028
Re: Villa Park Redevelopment
« Reply #6276 on: January 18, 2024, 09:51:21 AM »
I'm sure I read that Spurs' new stadium has an on site brewery. So it'll cost to make the beer but they won't have to pay to transport it. This presumably equals more profit when they sell it on matchday.

We’re getting one of them.

So with the catering staff we have we literally won't be able to organise a piss up in a brewery.
Very good Lee! :-)

Offline VillaTim

  • Member
  • *
  • Posts: 12590
  • Location: The Co-op, Inveraray.
  • GM : 04.12.2025
Re: Villa Park Redevelopment
« Reply #6277 on: January 18, 2024, 10:26:42 AM »
Deloitte, using one assumes the club's accounts, provide one number, but some really figure plucked from the air calculations by people on the internet say "Nah, reckon it's 5 times as much".

I know who I believe. It's almost as bad as when people, who are not engineers with a long history of working on projects like this, assure us it "wouldn't be too difficult" to implement whatever utterly hatstand idea they have for adding seats.

The history and credibility of audit "partners" like Deloitte might lead you to swing more towards randomers on the internet for your facts. They were the audit partner of the basket case FAI for over 20 years, for example.
Deloitte / PWC both have form when it comes to massaging the numbers . As for high turnover relating to a high tax bill, anyone with half a brain will know there's plenty of avenues for avoiding the tax man.
I suspect that very rarely involves inflating your income.
Helps with FFP though in the Football Industry

Offline algy

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  • Posts: 6096
  • Age: 43
  • Location: Gogledd Cymru
  • GM : 26.03.2025
Re: Villa Park Redevelopment
« Reply #6278 on: January 18, 2024, 10:39:02 AM »
As for high turnover relating to a high tax bill, anyone with half a brain will know there's plenty of avenues for avoiding the tax man.

To be fair, you probably have us beat on that score.
Made me laugh  :)

Like that Marx Brothers line ...

"Why, this is so simple even a 5 year old could understand it!"
"Quick! Someone bring me a 5 year old! I can't make head nor tail of this"

Offline VillaTim

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  • GM : 04.12.2025
Re: Villa Park Redevelopment
« Reply #6279 on: January 18, 2024, 11:05:34 AM »
How on earth do Man CheaŁy have a higher turnover than Man Utd  ;) another firm of great accountants

Offline Sexual Ealing

  • Member
  • Posts: 22829
  • Location: Salop
Re: Villa Park Redevelopment
« Reply #6280 on: January 18, 2024, 11:10:36 AM »
How on earth do Man CheaŁy have a higher turnover than Man Utd  ;) another firm of great accountants

Are you some kind of performance artist?

Offline Ads

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  • Posts: 42838
  • Location: The Breeze
  • GM : 17.04.2024
Re: Villa Park Redevelopment
« Reply #6281 on: January 18, 2024, 11:35:15 AM »
How on earth do Man CheaŁy have a higher turnover than Man Utd  ;) another firm of great accountants

Are you some kind of performance artist?

There's a reason he was banned twice before.

Online ChicagoLion

  • Member
  • Posts: 26216
  • Location: Chicago
  • Literally
Re: Villa Park Redevelopment
« Reply #6282 on: January 18, 2024, 11:37:42 AM »
How on earth do Man CheaŁy have a higher turnover than Man Utd  ;) another firm of great accountants
Sponsorship.
Nothing to do with Accountants, it’s to do with them being owned by an oil state and connected parties paying massively over the odds.

Offline Ads

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  • Location: The Breeze
  • GM : 17.04.2024
Re: Villa Park Redevelopment
« Reply #6283 on: January 18, 2024, 11:40:35 AM »
Newcastle marchday income is Ł38m. A ground with 10,000 more seats. West Ham is Ł41m, a ground with 20,000 more seats. I refer to the honoruable member for Satriales in his scathing rebuke of the accounts deniers and the fanciful notion that Ł70 per head is about right.

Like Cato before me, I call for the destruction of Villa Park and a new ground please.

Offline VillaTim

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  • Posts: 12590
  • Location: The Co-op, Inveraray.
  • GM : 04.12.2025
Re: Villa Park Redevelopment
« Reply #6284 on: January 18, 2024, 11:50:26 AM »
How on earth do Man CheaŁy have a higher turnover than Man Utd  ;) another firm of great accountants
Sponsorship.
Nothing to do with Accountants, it’s to do with them being owned by an oil state and connected parties paying massively over the odds.
Which is supposed to not happen under FFP. Artificially inflating sponsorship deals is against the rules

 


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