What have Swiss Ramble said?
They broke down the three-year cycle including the allowable losses (Covid etc) and put it at £95m loss over that time.
Do you have the link, Percy? I could only find a very brief write-up at a cursory search.
Sorry Scott, I got it from a write-up on one of the Villa sites on Facebook. They didn’t post a link either. Here’s the text, with a bit of what I consider superfluous opinion:
“I wouldn't recommend proceeding if you don't like posts on our finances...
So a lot was made of the fact that we incurred losses of £120m in the last set of accounts...with the maximum loss allowed over a three year period being £105m...
Now the club stated that they continued to operate within PSR...and were not charged...
Swiss Ramble who study and analyse the accounts of PL clubs concurred and stated that after allowable losses which are infrastructure, youth development, community and women's football the loss for the year was £93m...
Still a lot...however we made a £22m profit in 2022, and a £24m loss in 2021... therefore it averages out to £95m so we were within £10m of the limit...
For the next submitted accounts we need to restrict our FFP losses to £34m to remain compliant...and the general message from the club has been that they believe they will be...
Things that will help for those next set of accounts will be those academy sales last window...Archer, Philogene, AJ, Azaz and Davis which is £41.5m of profit...
Finishing 4th will have helped in terms of prize money...commercial and match day revenue will have increased....
The fact that we spent money in January would suggest we don't have to sell to be within PSR limits...
We made £218m last season and should make significantly more for the next accounts...
Our summer transfer window though relates to the accounts that follow and since it's done on a 3 year basis we need a good accounting year...that Jack sale is basically why we're compliant at present...
So on the basis that we're allowed £105m in losses over 3 years...that £93m loss will count, and lets say we restrict ourselves to a £34m loss for the next accounts then to be compliant we'll need to register a £22m profit to be compliant for the accounts that follow...
So Champions League revenue, improved commercial deals, matchday income etc is all extremely helpful for this coming transfer window...but sales would be helpful also...
The silly thing about this whole PSR thing is a big sale can carry you for a while like Jack's sale still is...so if we get a £50m bid for JJ for example it would simply be good business to do the deal as it could be beneficial for a few windows..”
