FFP

[Percy McCarthy]

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..”

[pablo_picasso]

I'm sure we're more conscious of it than before, and I'm sure it's inhibiting our spending this summer, but if Percy and Swiss Ramble are even slightly right it's a much rosier picture than the media had led us to believe was the case.

It’s a bit like the football pundits not knowing about our injury crisis - they don’t really put much effort into analysing us.
Apparently, Maguire once had a theory that we wouldn’t be allowed to be promoted because of FFP. Although he somewhat weakly denied this when I asked him about it on X.

Maguire seems a little salty toward us. Is this just a B&HA thing or is something else at play?

I just think he doesn't like being proven to be incorrect & doesn't have the courage to admit that he is wrong...

[dicedlam]

My son just sent me this below:
https://careers.avfc.co.uk/job/management-accountant?source=google.com

Any creative accountants out there looking for a job? -;

[Exeter 77]

Isn't £45000 a bit low for a management accountant?

[Dogtanian]

I'm sure we're more conscious of it than before, and I'm sure it's inhibiting our spending this summer, but if Percy and Swiss Ramble are even slightly right it's a much rosier picture than the media had led us to believe was the case.

It’s a bit like the football pundits not knowing about our injury crisis - they don’t really put much effort into analysing us.
Apparently, Maguire once had a theory that we wouldn’t be allowed to be promoted because of FFP. Although he somewhat weakly denied this when I asked him about it on X.

Maguire seems a little salty toward us. Is this just a B&HA thing or is something else at play?

I just think he doesn't like being proven to be incorrect & doesn't have the courage to admit that he is wrong...

He'd fill Southgate's shoes nicely -

• Former England international
• Never won the league
• Failed top-flight club manager
• Is never wrong
• Too big and brave to ever admit it if he was

[eye digress]

Believe that this must be the article (but paywalled).

[paul_e]

Believe that this must be the article (but paywalled).

The big question fromthat article is exactly how much of the increase in wages and other expenses (which is just shy of £82m combined) is down to the sacking and replacing of an entire coaching team. We know there will have been a lot of release fees involved on both sides but it'll be really interesting to see how much those figures go down in the 23/24 accounts. My bet is that it drops by something around £40-50m, even with the new signings.

[ChicagoLion]

i am pretty sure we remain compliant with PSR/FFP, we are not being run by idiots.
but it is hard to see how we can upgrade the squad without selling a prime asset. I think most would agree that we need a Right Back and cover for Kamara as an absolute minimum and i don't think that happens without spending some money, of course we might get lucky/smart as we have with Tielemans and Kamara.

[LeeS]

This new Palace amendment seems to be a good thing. However, aren’t there two sets of FFP rules to comply with. The premier league one and the UEFA one? Surely this new rule won’t help with the latter…

[Hopadop]

PSR points deductions – a guide to the lack of guidance

Some red hot legal chat.

[Percy McCarthy]

Maguire thinks we’ll be alright now. Changes his mind every five minutes though. I might start listening to his podcast now he sounds like he’s found a clue.

[algy]

Yup and that’d include me. I’m very aware we won plenty in and around 1900 and then again in the early 80s. But I’ve seen us win 2 League Cups. We need to start winning stuff now, it’s nearly bloody 30 years which is pretty dismal.

Yes, this. We were pretty decent when I started going to watch Villa ... finished 2nd in 89/90, 92/93, won the league cup in 93/94 and 95/96. So not prolific but a lot more than most clubs. The next 28 years though? It's not been great really. We've stopped winning things, stopped being a proper force, in honesty stopped being relevant for the most part.

Forcing ourselves back in to relevant this season has been brilliant. The best bit has been that nobody has been shocked as we've pretty much been top 4 all season.

You'll see a load of pundits predict a return to the usual subjects next season, but I bet we'll stay there now and next season, it the season after, we'll begin to become the subjects of last predictions
, eg that the top 4 will be Manchester City, Liverpool, Arsenal, Villa in the same order as where those cigs finished the previous season, or with two clubs swapped over.

[Dogtanian]

Maguire thinks we’ll be alright now. Changes his mind every five minutes though. I might start listening to his podcast now he sounds like he’s found a clue.

He's skimmed our thread now!

[Risso]

Maguire thinks we’ll be alright now. Changes his mind every five minutes though. I might start listening to his podcast now he sounds like he’s found a clue.

I wouldn't bother mate. Doesn't he write for Football Insider now as well? Anybody that even slightly elevates that bunch of twats' standing in the game should be roundly ignored. I take all my FFP comfort from you now fella.

[PaulWinch again]

Maguire thinks we’ll be alright now. Changes his mind every five minutes though. I might start listening to his podcast now he sounds like he’s found a clue.

On the basis of the proposed changes?