Aston Villa Group End of Year Accounts - year end May 31st 2022

[Drummond]

That £203.5m on players is a bit misleading - it must include wages.

No it can't include wages as the actual figure for additions to intangible assets in the accounts is £203m. It's hard to get anywhere near the total though, as even if you take the higher end of reported fees as below, AND include Carlos and Olsen (even though they were reported as signing in June after the year end) it's still nowhere near. Kamara was free so when he signed makes no difference, and signing on fees paid to the player go to wages, so it's not that. It might be that we've had to pay compensation to the smaller clubs like West Brom and Fleetwood for the likes of Iroegbunam and Feeney, but even if that adds up to say £10m, it's still a bit off.

Buendia -  £35m
Bailey - £30m
Ings - £27m
Digne - £30m
Coutinho - £17m
Carlos - £26m
Olsen £3m

I wonder if it could be staggered payments for previous signings?

[paul_e]

How much did NSWE pay for us?

I was just reading something about Bristol City and Sheffield United both being worth about £100m. I know we were a distressed asset at the time, but pretty sure we cost peanuts by comparison.

Get it right here and there's scope for them to make a lot of money. Which is, of course, why they're doing it in the first place.

I think it was something like £55m for the initial stake (with Xia still owning a chunk of the club) and then £30m to buy him out completely the year after because he couldn't cover the payment to Lerner. On top of that they clearly took on a further £10m that was covered in these accounts.

So the cost was £85m with a £10m liability, I think.

Either way it was a bargain.

[paul_e]

That £203.5m on players is a bit misleading - it must include wages.

No it can't include wages as the actual figure for additions to intangible assets in the accounts is £203m. It's hard to get anywhere near the total though, as even if you take the higher end of reported fees as below, AND include Carlos and Olsen (even though they were reported as signing in June after the year end) it's still nowhere near. Kamara was free so when he signed makes no difference, and signing on fees paid to the player go to wages, so it's not that. It might be that we've had to pay compensation to the smaller clubs like West Brom and Fleetwood for the likes of Iroegbunam and Feeney, but even if that adds up to say £10m, it's still a bit off.

Buendia -  £35m
Bailey - £30m
Ings - £27m
Digne - £30m
Coutinho - £17m
Carlos - £26m
Olsen £3m

There were 13 youth players signed over the season and a couple of them were on the more expensive side (Kerr Smith was £2-3m on his own) so I reckon you can double that to £20m. We then have loan fees for Tuanzebe, Olsen and Coutinho which will be another £5-10m which gets you up within about £10m. Could the difference then be us paying out clauses for previous signings (I have no idea how these are added to the accounts)?

[Risso]

Loan fees aren't capitalised though, they go straight to the P&L. Drummond's probably right, it'll be old contingent fees that happened that we then had to pay for this year and recognise in the accounts. I would expect a lot of youth fees are similarly end loaded, so wouldn't expect the full amounts to go into the most current accounts.

[kippaxvilla2]

That £203.5m on players is a bit misleading - it must include wages.

No it can't include wages as the actual figure for additions to intangible assets in the accounts is £203m. It's hard to get anywhere near the total though, as even if you take the higher end of reported fees as below, AND include Carlos and Olsen (even though they were reported as signing in June after the year end) it's still nowhere near. Kamara was free so when he signed makes no difference, and signing on fees paid to the player go to wages, so it's not that. It might be that we've had to pay compensation to the smaller clubs like West Brom and Fleetwood for the likes of Iroegbunam and Feeney, but even if that adds up to say £10m, it's still a bit off.

Buendia -  £35m
Bailey - £30m
Ings - £27m
Digne - £30m
Coutinho - £17m
Carlos - £26m
Olsen £3m

That is what I thought.  We never spent £203.5m.  Otherwise what are we all moaning about.

[LeeB]

Ooh, it's another thrilling debate about accounting. Be still my beating heart

[Risso]

Ooh, it's another thrilling debate about accounting. Be still my beating heart

To be fair mate, the thread title's a fair indication of what's inside!

Lee opens a Terry's Chocolate Orange. "FFS, it's full of bloody chocolate orange!"

[kippaxvilla2]

Just seen later posts - staggered payments even so bit of a swizz the way they describe it.

[LeeB]

Ooh, it's another thrilling debate about accounting. Be still my beating heart

To be fair mate, the thread title's a fair indication of what's inside!

Lee opens a Terry's Chocolate Orange. "FFS, it's full of bloody chocolate orange!"

I know, just a bit bored and hoping today's discussion focus would be a bit more exciting, something like 'where's the best place you've ever done brass rubbing?'

And I would never, ever complain at the discovery of orange chocolate.

[paul_e]

Loan fees aren't capitalised though, they go straight to the P&L. Drummond's probably right, it'll be old contingent fees that happened that we then had to pay for this year and recognise in the accounts. I would expect a lot of youth fees are similarly end loaded, so wouldn't expect the full amounts to go into the most current accounts.

Fair enough, I wasn't sure how they'd be counted, was just trying to work out a way to get to that number. Extra fees, etc does seem easiest though (I added it as an afterthought myself). Aren't most of the youth fees settled as compensation rather than a transfer fee so there's surely a fair amount of up front cost involved.  Either way I think you can get to that figure if you bring in a lot of things that might not be included in the reported fee. Only if Carlos and Olsen are in there though. It'll be interesting to see what our figures are this time next year though because our spending for this season with Coutinho, Carlos and Olsen out is about £42m.

[kippaxvilla2]

I wonder how much we idealise the past.

When we talk about what it used to be like in, say, the 80s, it's all 48,000 for Man United and swaying around in a packed Holte when the realty was, that was the case once or twice a season, most of the team back then it'd be more like 15,000 and enough room on the Holte to sit down and have a picnic if you wanted

30,870 for the first home game of the season against Blues under SGT in 1987.  And they had behind the goal and the then Witton Stand as I recall.  It was weird because at the time it felt packed.  Shit game we lost 2-0.

[Toronto Villa]

This guy seems to do a review of numbers for all teams. Not sure how some of our accounting folks view his analysis of our numbers

https://twitter.com/KieranMaguire/status/1632637478837387264

[kippaxvilla2]

The losses over the last five years are simply staggering and that revenue is piss poor compared to clubs above us.  And selling Joe basically stopped us being loss making last year.  This year Emi will do that.

[olaftab]

This guy seems to do a review of numbers for all teams. Not sure how some of our accounting folks view his analysis of our numbers

https://twitter.com/KieranMaguire/status/1632637478837387264

Good info. I take is Purslow is the director mentioned and other key senior staff have no role with the controlling company.

[eamonn]

The losses over the last five years are simply staggering and that revenue is piss poor compared to clubs above us.  And selling Joe basically stopped us being loss making last year.  This year Emi will do that.

Didn't you want us to spend another £100m in January?