Quote from: ChicagoLion on March 04, 2024, 10:08:37 PMWe made a loss of £120, allowable losses £105; so we will be compliant with allowable expenditure and profit bought forward.These are May 23 numbers so you have to look at transfer expenditure since then, It does loook like we will need to sell a player this summer but would still be able to enter the market in the summer as a new player only costs the transfer value divided by the number of years of the contract.It’s not great but it’s not disastrous either when you consider we are even more revenue generative this season.Allowable losses are 105m over three seasons. We’ve lost 120m in one, surely?
We made a loss of £120, allowable losses £105; so we will be compliant with allowable expenditure and profit bought forward.These are May 23 numbers so you have to look at transfer expenditure since then, It does loook like we will need to sell a player this summer but would still be able to enter the market in the summer as a new player only costs the transfer value divided by the number of years of the contract.It’s not great but it’s not disastrous either when you consider we are even more revenue generative this season.
The club aren't going to misrepresent the information with their 'expected' & 'on plan' statements - that would be pretty foolish.I trust this as they state is part of the long term strategy & the spectre of FFP penalties is way off the mark.Yes, VP expansion is going to have to be done by Nick Knowles & his trusted army of volunteers rather than what we were originally promised, but sustained success on the pitch has to take priority.
So what was the loss the season before the £300k profit?
Can’’t we offload a Chuckwanker type player for a decent fee to bring us into line?
Quote from: Villan82 on March 04, 2024, 07:33:31 PMWhat does a new stadium give us that a new North Stand and down the line a new Witton Lane and the warehouse etc can't give us?Villa Park is one of our unique selling points- do we want to be just any old club playing in a bland soulless bowl?You would like to think management have a plan but then you see Chris Heck's efforts since he joined us and you would really have to wonder. Does CL qualification strengthen the club's case for the council to follow through with badly needed investment in public transport nearby or a new stadium site? Do the local council really care?To think we could qualify for the CL this season and maybe a European trophy and still have to sell a Luiz or Ramsey to balance the books. What's the point then really ...we will be hard pressed to keep Emery not to mind some key players if that's the case.
What does a new stadium give us that a new North Stand and down the line a new Witton Lane and the warehouse etc can't give us?Villa Park is one of our unique selling points- do we want to be just any old club playing in a bland soulless bowl?
The statement from the club seems to be fairly relaxed about it all.
I'm off to SHA to find out what this really means.
Quote from: brontebilly on March 04, 2024, 08:32:14 PMQuote from: Villan82 on March 04, 2024, 07:33:31 PMWhat does a new stadium give us that a new North Stand and down the line a new Witton Lane and the warehouse etc can't give us?Villa Park is one of our unique selling points- do we want to be just any old club playing in a bland soulless bowl?You would like to think management have a plan but then you see Chris Heck's efforts since he joined us and you would really have to wonder. Does CL qualification strengthen the club's case for the council to follow through with badly needed investment in public transport nearby or a new stadium site? Do the local council really care?To think we could qualify for the CL this season and maybe a European trophy and still have to sell a Luiz or Ramsey to balance the books. What's the point then really ...we will be hard pressed to keep Emery not to mind some key players if that's the case.Jesus, how many times do people need to be told it’s nothing to do with the council?
Allowable losses are 105m over three seasons. We’ve lost 120m in one, surely?
Quote from: Percy McCarthy on March 04, 2024, 10:33:53 PMQuote from: brontebilly on March 04, 2024, 08:32:14 PMQuote from: Villan82 on March 04, 2024, 07:33:31 PMWhat does a new stadium give us that a new North Stand and down the line a new Witton Lane and the warehouse etc can't give us?Villa Park is one of our unique selling points- do we want to be just any old club playing in a bland soulless bowl?You would like to think management have a plan but then you see Chris Heck's efforts since he joined us and you would really have to wonder. Does CL qualification strengthen the club's case for the council to follow through with badly needed investment in public transport nearby or a new stadium site? Do the local council really care?To think we could qualify for the CL this season and maybe a European trophy and still have to sell a Luiz or Ramsey to balance the books. What's the point then really ...we will be hard pressed to keep Emery not to mind some key players if that's the case.Jesus, how many times do people need to be told it’s nothing to do with the council? Think he meant the transport problems