FFP

[PaulWinch again]

Apparently Villa have reported a €138m loss before tax for 2023, one of the biggest ever losses recorded, with player wages taking up 70% of turnover. Bit of a critical situation which makes CL qualification this season all the more important.

Where was that reported? I don’t see how that can be true.

[Stu]

Apparently Villa have reported a €138m loss before tax for 2023, one of the biggest ever losses recorded, with player wages taking up 70% of turnover. Bit of a critical situation which makes CL qualification this season all the more important.

Where was that reported? I don’t see how that can be true.

Forgot to add the source: https://editorial.uefa.com/resources/028a-1a2f899177e2-b3619612eaa4-1000/uefaeuropeanclubfinanceinvestmentlandscape_150224.pdf

[Ads]

Says we've provided actual data, but our accounts aren't out for 2023?

How is it possible to lose nearly €90m Euros more than you spent on transfers?

[Percy McCarthy]

Says we've provided actual data, but our accounts aren't out for 2023?

How is it possible to lose nearly €90m Euros more than you spent on transfers?

It’s possible (that we’ve provided data I mean). The accounts will be out in a fortnight, and they’re for the period ending May 31st last year.

I’ve got a feeling some of those losses will be FFP deductible. Fingers crossed anyway.

[Ads]

Says we've provided actual data, but our accounts aren't out for 2023?

How is it possible to lose nearly €90m Euros more than you spent on transfers?

It’s possible (that we’ve provided data I mean). The accounts will be out in a fortnight, and they’re for the period ending May 31st last year.

Yeah fair enough, but I just don't see how Coutinho, Dinge, Carlos, Dendonker and Kamara (Moreno and Duran, forgot them pair) adds on wages so significantly that we lose £117m?

[VillaTim]

Hopefully those figures are wide of the mark as they are fairly disastrous looking on an Enron like scale

[paul_e]

Says we've provided actual data, but our accounts aren't out for 2023?

How is it possible to lose nearly €90m Euros more than you spent on transfers?

It’s possible (that we’ve provided data I mean). The accounts will be out in a fortnight, and they’re for the period ending May 31st last year.

Yeah fair enough, but I just don't see how Coutinho, Dinge, Carlos, Dendonker and Kamara adds on wages so significantly that we lose £117m?

All the work on upgrading BMH and the academy would be my guess. I think most of that will be under those accounts won't it?

[SoccerHQ]

Coutinho would be on a fortune here once we signed him permanently, probably 150-200k? Digne also had a very good deal given what he was on at Everton so you could see we were trying to get him off the books in August but in the end made sense to keep him with Moreno's injury disrupted season. He won't be here next season though.

Kamara on a free and courted by some major clubs would be over 100k + aswell.

I don't think it will be quite as doomsday as made out above but it's clear we need to find as much lucrative revenue streams as possible in the near future so CL is the obvious short term move given the North Stand rebuild has been scrapped.

And probably means we'll have to make a Grealish type sale in summer 2025 aswell.

[Villatillidie25]

I think we’ll be selling someone this summer to be honest. Which is mad given we’ve not spent outrageously, have made progression, which should improve revenue and it’s still not enough.

[Villan82]

In 2022 they presented a bold new vision that encompassed the new North Stand and the Villa Live Development. I am fairly certain the spending on this infrastructure would not impact on us for FFP but long term would help us bring in more revenue on match day and outside match day. Correct me if I am wrong?

Nothing done in the past fe months makes sense. We clearly aren't bringing in enough revenue but we have shelved the new development which means this is our lot for the foreseeable.

I have tried to understand what's going on (given the lack of information coming from the club) and I have been a bit stumped.

Any financial whiz kids want to jump in?

[SoccerHQ]

I think we’ll be selling someone this summer to be honest. Which is mad given we’ve not spent outrageously, have made progression, which should improve revenue and it’s still not enough.

In an ideal world Digne, Donk, Coutinho all are off the books by July 1st.

I would say one thing though...if it was FFP Armageddon coming our way then it feels a bit premature to give Bailey a new deal as he's someone who would be in the Diaby price bracket based on his experience and productivity over the last year.

My hunch all along is that Ramsey will be sacrificed at some point given he's home grown which seems the easy sell to met FFP requirements with the rules drawn up.

[Villatillidie25]

The only good thing is we’ve got plenty of options. Other than Diaby, Digne, Torres and Carlos everyone will be FFP profit and in a big way.
It’s just a sad state of affairs.

[VillaTim]

I think we’ll be selling someone this summer to be honest. Which is mad given we’ve not spent outrageously, have made progression, which should improve revenue and it’s still not enough.

In an ideal world Digne, Donk, Coutinho all are off the books by July 1st.

I would say one thing though...if it was FFP Armageddon coming our way then it feels a bit premature to give Bailey a new deal as he's someone who would be in the Diaby price bracket based on his experience and productivity over the last year.

My hunch all along is that Ramsey will be sacrificed at some point given he's home grown which seems the easy sell to met FFP requirements with the rules drawn up.

the players are the assets so to get them under contract protects the investment . If we were to sell Bailey in the sunmmer his value is higher as an example due to the new contract.

[Beard82]

In 2022 they presented a bold new vision that encompassed the new North Stand and the Villa Live Development. I am fairly certain the spending on this infrastructure would not impact on us for FFP but long term would help us bring in more revenue on match day and outside match day. Correct me if I am wrong?

Nothing done in the past fe months makes sense. We clearly aren't bringing in enough revenue but we have shelved the new development which means this is our lot for the foreseeable.

I have tried to understand what's going on (given the lack of information coming from the club) and I have been a bit stumped.

Any financial whiz kids want to jump in?

I think this is correct.  I think 5 things to add to that
1) I think we will see 1 star asset go, particularly if we don't get champions league
2) The previous plan was the result of the old CEOs way of addressing the issue.  Heck obviously has different ideas - so far most of them shit
3) The new partners in V Sports must have something to do with all this.  The lack of activity is most likely where the club is working on a new strategy
4) FFP will be revamped as its not fit for purpose and sooner or later all of the "other 14" will get stung by it.  We need to be championing a better FFP.  Especially seeming we have virtually no debt
5) The multi-club strategy seems to be a big idea for us - but that is a long term thing - but should pay dividends

And.. We need to sort out match day catering and drinks.  I sit in the DE and cant get a drink there - and I think a lot of it is because it is managed awfully

[N'ZMAV]

And probably means we'll have to make a Grealish type sale in summer 2025 aswell.

not too many obvious andidates for another £100mil.