Quote from: Drummond on April 13, 2021, 07:01:02 PMThere are clearly some intangibles. The attractiveness of a club is hard to value isn't it?But don't you think that Villa are now far more attractive and would cost a lot more than we did when NSWE bought us, despite the losses?Pretty much all the players we've bought have increased in value, yet on the books they won't show that way will they?The name of Aston Villa is being noticed again, we're performing well and that in itself is attractive. The owners can write off the losses against tax elsewhere too, so a loss isn't necessarily a bad thing.You said “they will want to increase the value of an asset rather than make a profit”Which makes absolutely no sense whatsoever.That’s why I asked you the question, which you obviously have a problem answering, so maybe stick to lecturing on political correctness and right on thinking.
There are clearly some intangibles. The attractiveness of a club is hard to value isn't it?But don't you think that Villa are now far more attractive and would cost a lot more than we did when NSWE bought us, despite the losses?Pretty much all the players we've bought have increased in value, yet on the books they won't show that way will they?The name of Aston Villa is being noticed again, we're performing well and that in itself is attractive. The owners can write off the losses against tax elsewhere too, so a loss isn't necessarily a bad thing.
Quote from: ChicagoLion on April 13, 2021, 08:27:29 PMQuote from: Drummond on April 13, 2021, 07:01:02 PMThere are clearly some intangibles. The attractiveness of a club is hard to value isn't it?But don't you think that Villa are now far more attractive and would cost a lot more than we did when NSWE bought us, despite the losses?Pretty much all the players we've bought have increased in value, yet on the books they won't show that way will they?The name of Aston Villa is being noticed again, we're performing well and that in itself is attractive. The owners can write off the losses against tax elsewhere too, so a loss isn't necessarily a bad thing.You said “they will want to increase the value of an asset rather than make a profit”Which makes absolutely no sense whatsoever.Well, it does.You realise the profit when you sell an asset at its increased value. I think what Drummond is saying is that they're in it for that, rather than draining the club of money from one year to the next (if they were in it for that, they'd have to be in it for the long term anyway as that's not happening for a while).They are clearly playing the long game.
Quote from: Drummond on April 13, 2021, 07:01:02 PMThere are clearly some intangibles. The attractiveness of a club is hard to value isn't it?But don't you think that Villa are now far more attractive and would cost a lot more than we did when NSWE bought us, despite the losses?Pretty much all the players we've bought have increased in value, yet on the books they won't show that way will they?The name of Aston Villa is being noticed again, we're performing well and that in itself is attractive. The owners can write off the losses against tax elsewhere too, so a loss isn't necessarily a bad thing.You said “they will want to increase the value of an asset rather than make a profit”Which makes absolutely no sense whatsoever.
So if we sell Mings for example, we are selling an asset at an increased value, is that the only way we can make a profit?We would have to be selling our best players each season to make a profit - is this correct?Mings currently would be worth £50 million however the older he becomes his transfer value will drop, so should we sell him this summer to get the full value for him.
https://twitter.com/SwissRamble/status/1386924270526341122?s=19Interesting analysis on The Swiss Ramble this morning...
You lasted that long!
Quote from: AV82EC on April 27, 2021, 10:47:36 AMYou lasted that long!I'm a slave to the rhythm!
Quote from: Sexual Ealing on April 27, 2021, 10:51:33 AMQuote from: AV82EC on April 27, 2021, 10:47:36 AMYou lasted that long!I'm a slave to the rhythm!<Frankie Howerd> Oh No Mrs, wait no Oo-er Mrs</Frankie Howerd>On a more serious point the things I picked up:- Debt Free- Revenue from Project restart will be booked into this years accounts (not much I'm sure but will help FFP)- Our revenue overall is dismal compared to our peers across matchday income, broadcast and commercial.- Player trading continues to be unprofitable and will probably continue as we invest further in the squad. - Wages to turnover ratio improved but is still eye watering at 97%
Quote from: AV82EC on April 27, 2021, 11:01:21 AMQuote from: Sexual Ealing on April 27, 2021, 10:51:33 AMQuote from: AV82EC on April 27, 2021, 10:47:36 AMYou lasted that long!I'm a slave to the rhythm!<Frankie Howerd> Oh No Mrs, wait no Oo-er Mrs</Frankie Howerd>On a more serious point the things I picked up:- Debt Free- Revenue from Project restart will be booked into this years accounts (not much I'm sure but will help FFP)- Our revenue overall is dismal compared to our peers across matchday income, broadcast and commercial.- Player trading continues to be unprofitable and will probably continue as we invest further in the squad. - Wages to turnover ratio improved but is still eye watering at 97% the 97% is very misleading becuase of the amount of lost revenue (much of which is covered by the first line). Remove the lost and deferred revenue from covid and it's 68% which is fine.