FFP

[VillaTim]

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

not too many obvious andidates for another £100mil.

not in the current climate those days are over

[PaulWinch again]

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

On point 4 this is UEFA FFP as opposed to Premier League isn’t it?

[Dante Lavelli]

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

not too many obvious andidates for another £100mil.

not in the current climate those days are over

Generally yes but a handful of clubs (city/Man U/arse/liverpool/sours) have the income to afford an 80/90m signing each season.  Monchi needs to earn his crust by finding replacement for players we don’t want to sell.  Without a windfall like this we will always be hamstrung by our lower income.

[Villan82]

Thank you Beard82 for the reply.

After the takeover and up to the end of last season I felt I knew what the club was doing and what the next phase is. Since the changes in personnel on the non footballing side, and especially since Heck's December comments on the club social media, I feel I don't really know what we are doing and it is the first time since the takeover that I feel a little bit alienated.

If they are banking on Heck they would be wise to talk to him about how to communicate with fans on this side of the Atlantic.

[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

On point 4 this is UEFA FFP as opposed to Premier League isn’t it?

yeah - thats a good point

[Dogtanian]

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

Page 37 also says the operational loss is only EUR39m though. If the problem was player wages then I’d expect that loss to be higher.

[Percy McCarthy]

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

Page 37 also says the operational loss is only £39m though. If the problem was player wages then I’d expect that loss to be higher.

Pounds or euros?

[Dogtanian]

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

Page 37 also says the operational loss is only £39m though. If the problem was player wages then I’d expect that loss to be higher.

Pounds or euros?

Yes, Euros it is!

[Ads]

£33m isn't too bad, £2m below the permitted limit.

[pauliewalnuts]

Wages to turnover ratio of 70% isn’t too bad in the insane world of football.

[Beard82]

I dont undertsand the report - in one place it says we lost 38m (or whatever), in another we lost 138m in 22/23.

How the hell would we lose that much money - we didn't really go wild? 

[Ads]

How the hell would we lose that much money - we didn't really go wild? 

Boats and hoes! Boats and hoes!

[ldavfc4eva]

It does say we lost €138m in 2023, which is a little alarming if so.

Or am I mis-reading it?

[VillaTim]

There may be some big write downs in that number.

[dave.woodhall]

There may be some big write downs in that number.

Do you know how Spurs did?