Quote from: Drummond on June 23, 2024, 11:02:40 PMAmortisation was as long as the contract until the vote this season which capped it at 5 years. That cap, however, doesn't start until 1st July. Amortisation will still be over 6 years in the accounts, because UEFA and the Premier League aren't in charge of accounting standards and rules. What will happen is an adjustment to the PSR calculation that the club have to submit.
Amortisation was as long as the contract until the vote this season which capped it at 5 years. That cap, however, doesn't start until 1st July.
The f*cking Beeb have got an article highlighting/moaning about it now. Watch us become the first club to be punished for working within the rules!
The massive increase in turnover/profit will help. Turnover is going to grow by the best part of £100m next year.
Quote from: Duncan Shaw on June 24, 2024, 03:35:36 PMThe f*cking Beeb have got an article highlighting/moaning about it now. Watch us become the first club to be punished for working within the rules!I think this article has been posted in another thread. I doubt we could be punished. It’s more likely that the rules would be changed. But even then, fees can be highly subjective and it would probably need to be agreed internationally to work to any common system. I can’t see this happening. I think we’re being smart and it’s upsetting people.
Quote from: LeonW on June 24, 2024, 03:43:43 PMQuote from: Duncan Shaw on June 24, 2024, 03:35:36 PMThe f*cking Beeb have got an article highlighting/moaning about it now. Watch us become the first club to be punished for working within the rules!I think this article has been posted in another thread. I doubt we could be punished. It’s more likely that the rules would be changed. But even then, fees can be highly subjective and it would probably need to be agreed internationally to work to any common system. I can’t see this happening. I think we’re being smart and it’s upsetting people.They haven't been complaining while Chelsea & ManC have been doing it for years.But it's now a club outside of the marketing & media favourite six being clever within the rules, so "stone the crows! The heavens have flooded!"Personally, I have no issue with it because we are not breaking a single rule. We are not doing anything that other clubs haven't done. So fuck the Premier League. Fuck the other clubs. Fuck the other clubs fans. And yet, there have very few articles saying how shit it is that Villa have to sell Douglas Luiz to be PSR compliant. PSR compliant with a loss amount that hasn't kept up to date with inflation after being set over a decade ago. This despite Villa having no debt & owners that are within the top 5 wealthiest in the world.The fact is, the game is rigged in favour of the marketing & media favourite clubs.The profits that allow the likes of Chelsea & ManC to spend literal billions & create academy farms were gained unfairly. Yet they are still allowed to utilise the benefits of those profits & outspend a club as wealthy as Villa by an amount of five to one.ManU are allowed to outspend Villa, despite them having what, half a billion? One billion pounds debt? And a stadium that is literally falling apart.The media & marketing favourite clubs were allowed to spend themselves towards success. The sponsorship deals that now give them the profits to outspend ambitious clubs like Villa were gathered on the back of that spending.But now that door has been shut to other clubs. So where is the outrage about the level playing field being destroyed so that others can rarely challenge the status quo?The fact that the likes of Chelsea & ManC have been selling academy players for vast sums for years so that they can game FFP/PSR, or whatever its called this week, must have gone unnoticed by most "journalists".Its funny how its only an outrage ever since a club outside of the media & marketing favourite clubs are using the same legal & above board ways of getting round rules that are purely in place to protect the status quo.And if they haven't heard of Omari Kellyman & his potential, then that says more about their knowledge of youth football than it does about his valuation.So fuck the journalists too...
I think it’s a compliment to our owners that suddenly, Villa are seen to be working around PSR when the top 6 have abused it for years. Shows we have people in charge not afraid to challenge perceived glass ceilings and go after those (PL) intent on stifling competition. Long may that continue.