FFP

[AV82EC]

My head hurts after reading this thread. I know nothing about accounts I'm only an electrician. Are we in trouble and looking at points deductions this year or next?

Definitely not this year as we would have been charged already.

Next season depends what happens in this season's accounts. If we've made it worse this season, potentially a deduction next season.

I doubt we’ve made it worse. Can easily see that 23/24 income figure being well north of £250m. The big issue is have we kept the costs side of the equation under control? If we haven’t we’ll probably have to sell. Then the question is who?

[Baldy]

We have to secure the 4th spot asap and then put some youngsters in the shop window before selling them for a fortune.

Alternatively, we have a good looking squad. One of them should date Taylor Swift. She could hold a few concerts at Villa Park. Why not, the rest of the world is doing it to balance the books.

[Forge10]

At the moment ‘the big 6’ are protected due to their greater income which was never the intention of the rules.

Are you sure about that?

I think the Big teams Man U, Liverpool, Spurs, Arsenal have been that for years. Man City and Chelsea were never included in that until 20 years ago or so they had somebody throwing ridiculous money around. The powers that be have now put a stop to that so those teams will not be contested size wise for the foreseeable future surely? It’s amazing that Girona are punching above their weight in La Liga but we know that without investment it’s likely to be short lived. I think it suits the bigger teams and governing bodies for the wealth and power to remain with a select few.

You are aware who owns Girona?

Actually I wasn’t 😂 Surely now that doesn’t change things though. Even with all that backing are they going to compete with Barca,Real with the current rules in place?

[Dogtanian]

The Premier League handbook for this season has a calculation form for profit and sustainability on page 300.

You take the Actual Profit/Loss before Tax and add back in;

• Depreciation / impairment of tangible fixed assets
• Amortisation or impairment of goodwill and other
  intangible assets (excluding amortisation of the costs of
  players’ registrations)
• Youth Development Expenditure
• Women’s Football Expenditure
• Community Development Expenditure

That gives you the figure considered for Profit & Sustainability. Doesn't look like the training ground is covered, unless you argue a portion of it is for the women and youth teams too.

[rob_bridge]

The solution has been the same right back to the 1990s, grow your income and employ a world class Football Manager. From Ellis, through Lerner to Tony Shitshoes we had three owners utterly incapable of doing this.

The current owners have certainly learnt quickly re: the world class Manager but are hamstrung currently with an inadequate stadium to grow income (and commercial) as rapidly as they want. That being said I’d expect Turnover this year 23/24 to be between €250- €300m with a further increase the following year (€350mish) if we get Champs League and hopefully a decent run in it.

We will have to player trade, possibly even a crown jewel, but for me that’s part of the equation of closing that gap up to the current clubs with higher income/turnover.

On stadium expansion I can only surmise that the short term hit to our Matchday income by reducing capacity just doesn’t work in the financial model whilst we have to chase income and close the revenue gap.

The project remains on track in my view and people need to hold their nerve that the owners and their senior execs know what they’re doing.

All that being said what helps drive all of it is a winning team on the pitch.

And I’ve just told myself off for using the term “the project”.

Liverpool sold their crown jewel in Coutinho as a basis for their now continued success. Not the end of the world

[Dogtanian]

And we sold Platty to rebuild.

[dicedlam]

The solution has been the same right back to the 1990s, grow your income and employ a world class Football Manager. From Ellis, through Lerner to Tony Shitshoes we had three owners utterly incapable of doing this.

The current owners have certainly learnt quickly re: the world class Manager but are hamstrung currently with an inadequate stadium to grow income (and commercial) as rapidly as they want. That being said I’d expect Turnover this year 23/24 to be between €250- €300m with a further increase the following year (€350mish) if we get Champs League and hopefully a decent run in it.

We will have to player trade, possibly even a crown jewel, but for me that’s part of the equation of closing that gap up to the current clubs with higher income/turnover.

On stadium expansion I can only surmise that the short term hit to our Matchday income by reducing capacity just doesn’t work in the financial model whilst we have to chase income and close the revenue gap.

The project remains on track in my view and people need to hold their nerve that the owners and their senior execs know what they’re doing.

All that being said what helps drive all of it is a winning team on the pitch.

And I’ve just told myself off for using the term “the project”.

Liverpool sold their crown jewel in Coutinho as a basis for their now continued success. Not the end of the world

Yeah, but Coutinho 2024 will not fetch us more than fifty bob.

[LeeB]

And two Spanish teams, did it for years whilst hoovering up trophies, I forget who they had in charge.

[Sexual Ealing]

The solution has been the same right back to the 1990s, grow your income and employ a world class Football Manager. From Ellis, through Lerner to Tony Shitshoes we had three owners utterly incapable of doing this.

The current owners have certainly learnt quickly re: the world class Manager but are hamstrung currently with an inadequate stadium to grow income (and commercial) as rapidly as they want. That being said I’d expect Turnover this year 23/24 to be between €250- €300m with a further increase the following year (€350mish) if we get Champs League and hopefully a decent run in it.

We will have to player trade, possibly even a crown jewel, but for me that’s part of the equation of closing that gap up to the current clubs with higher income/turnover.

On stadium expansion I can only surmise that the short term hit to our Matchday income by reducing capacity just doesn’t work in the financial model whilst we have to chase income and close the revenue gap.

The project remains on track in my view and people need to hold their nerve that the owners and their senior execs know what they’re doing.

All that being said what helps drive all of it is a winning team on the pitch.

And I’ve just told myself off for using the term “the project”.

Liverpool sold their crown jewel in Coutinho as a basis for their now continued success. Not the end of the world

Yeah, but Coutinho 2024 will not fetch us more than fifty bob.

I don't think he meant we could sell Coutinho to save ourselves!

[rob_bridge]

The solution has been the same right back to the 1990s, grow your income and employ a world class Football Manager. From Ellis, through Lerner to Tony Shitshoes we had three owners utterly incapable of doing this.

The current owners have certainly learnt quickly re: the world class Manager but are hamstrung currently with an inadequate stadium to grow income (and commercial) as rapidly as they want. That being said I’d expect Turnover this year 23/24 to be between €250- €300m with a further increase the following year (€350mish) if we get Champs League and hopefully a decent run in it.

We will have to player trade, possibly even a crown jewel, but for me that’s part of the equation of closing that gap up to the current clubs with higher income/turnover.

On stadium expansion I can only surmise that the short term hit to our Matchday income by reducing capacity just doesn’t work in the financial model whilst we have to chase income and close the revenue gap.

The project remains on track in my view and people need to hold their nerve that the owners and their senior execs know what they’re doing.

All that being said what helps drive all of it is a winning team on the pitch.

And I’ve just told myself off for using the term “the project”.

Liverpool sold their crown jewel in Coutinho as a basis for their now continued success. Not the end of the world

Yeah, but Coutinho 2024 will not fetch us more than fifty bob.

He is a prized asset anymore - just a liability

[Baldy]

BBC article today on our finances should you wish to read it:

www.bbc.com/sport/football/68476722

[rob_bridge]

BBC article today on our finances should you wish to read it:

www.bbc.com/sport/football/68476722

Subext - they are only doing well because they auditors haven't caught up with them yet.

[London Villan]

The Gerrard experiment will have cost the best part of £40m...

I can see some clever accounting here around the new Witton Academy, the Women's side of the club and a pre-payment on the new sponsorship and shirt deals. We have players we can sell too - and not get rid of the key ones.

Duran
Chambers
Phil
Dendonkar
Iroegbunam
Kellyman

[Dogtanian]

BBC article today on our finances should you wish to read it:

www.bbc.com/sport/football/68476722

Looking at the photo on that, they're going to try and cut costs by making the Prize where it Lies game much more difficult.

[pauliewalnuts]

The Gerrard experiment will have cost the best part of £40m...

I can see some clever accounting here around the new Witton Academy, the Women's side of the club and a pre-payment on the new sponsorship and shirt deals. We have players we can sell too - and not get rid of the key ones.

Duran
Chambers
Phil
Dendonkar
Iroegbunam
Kellyman

Being realistic - we're not going to get rid of Duran, as he is literally our only other striker as it is. Tim and Kellyman aren't going to fetch the sort of money Archer and Ramsey did as they're not as 'far along the road', Coutinho and Chambers will have almost no value, and Dendoncker not much more.

Yes, of course, it's all money, but it's not very much of it, and it's also creating certain holes in the squad which we'd only have to go out and fill.

The sponsorship deal also has two years left to run, and there's no suggestion that's ending any time soon (plus pays decent money in any case).