FFP

[PeterWithe]

We have signed a sponsorship deal with Xapo bank.
I too have no iidea who they are, but the announcement on their own website and accompanying video is better than I have ever seen for any sponsor.

https://www.xapobank.com/en

Sick! I wonder if they’ll be front of shirt after the gambling ban comes in.

What’s the difference. The leader at the top of that page says be prepared to lose all your money.

I must say that’s a courageous bit of marketing blurb.

[kippaxvilla2]

Crypto is great when they are pumping money into our club.  Otherwise it isn't.

[Brazilian Villain]

Sick! I wonder if they’ll be front of shirt after the gambling ban comes in.

Their Xapo logo would look cool on our shirts.

[Drummond]

Looks a bit Musky to me.

[Toronto Villa]

Coutinho now officially off the books.

https://x.com/avfcofficial/status/1941122436252234088?s=46

[aldridgeboy]

We’ve been fined around €11 m Euros
https://x.com/johntownley11/status/1941166226618962025?s=46&t=jo4adbG13BgBUR97pIGxUA

[Somniloquism]

Correct link

https://x.com/johntownley11/status/1941166962392047813

UEFA has imposed an unconditional €11m fine on #AVFC for breaching financial regulations.

Villa are fined €5m for failing to comply with football earnings rules from 22/23-23/24 and have been served an additional €6m sanction for breaching SCR in 2024.

[Demitri_C]

Crypto is a gamble, as much as roulette

it really isn't, for most people crypto is far worse.

Its both forms  of gambling tbf

[Drummond]

So, does that arrive in this or last financial year? Asking because surely that's another dent on FFP?

[Somniloquism]

As we waited until early July, it is for 2025-26 and will be a hit into the wages/FFP for this new season.

[GarTomas]

So, does that arrive in this or last financial year? Asking because surely that's another dent on FFP?

Which if we break we get fined…. So the rules exist to prevent clubs investing and competing. But if you do you get fined.

I’m sure NSWE will see this as an opportunity to spend baby spend to bastardise a similar phrase.

[andyh]

Wonder if we will appeal. It seems a very high fine

[Steve67]

Fuck the rules, go and spend some money. It doesn’t seem to bother the likes of Chelsea, forest, Manchester City, Manchester United, Tottenham Hotspur. Don’t bother playing nicely, win the league, take the fine. Fuck it.

[wolfman999]

We have only been back in UEFA comps for the last two seasons. Does that mean we are being punished for the contracts and purchasing costs of players bought before that time? If so, that's bollocks!

[Brazilian Villain]

As we waited until early July, it is for 2025-26 and will be a hit into the wages/FFP for this new season.

FFP yes, but will it affect SCR? On the face of it, the latter would only be affected if the fine was added to squad related costs, or deducted from revenue.