£300 million loss for Lerner

How has Mr Lerner list £300 million on us?

How? Randy Lerner is an idiot, that's how.

Worst Businessman ever. His family must hate how he has shat all over his father's legacy

Personally I hope he loses another £ 300 million.

I stopped reading that shitty article after it said we have 9 games to go!!!

I wouldn't believe a word contained therein on that basis!!

ViewFromT2 wrote:I stopped reading that shitty article after it said we have 9 games to go!!!

I wouldn't believe a word contained therein on that basis!!

Bullshit article, bullshit.

http://swissramble.blogspot.co.uk/2015/03/aston-villa-lost-in-supermarket.html

I thought it was interesting, is a lengthy read though

That's a long article that I skim-read and it is interesting.

In a nutshell, we're pretty average across the board:
average attendance.
average sponsorship income
average TV income
average wages
average spent on transfers (yes, it appears that Lerner has been putting money in).
average everything.

So the only reason you could really say with absolute certainty is that with all that average-ness going on, you'd expect so see average performances: some years good, some bad, some...average.

Yet we're bad. Stunningly bad. Absolutely shit in fact.

And that has to be put down to the fact that there is the board and then there's the manager and since Lerner took over, there's been no-one in between with a clue about football.

So the board sign the cheques blindly for the manager and then hope the manager has a short term goal, a medium term goal and a long term goal. Which they have not.

McLeish was a stupid appointment. Lambert was held on to for far far too long. Captain Bell-End was just inexperience and shit. And that leaves Garde who seems ok with the shitty tools he has to work with.

But if he leaves (and I think we're all pretty sure that's a distinct possibility) then it will be once again up to a clueless board to find a manager.

And around we go again.

Lerner is a fuckwit who simply cannot see that you need a long term Director of Football type person, a man with a footballing brain that can see what players have value, what players will fit in regardless of manager, what the footballing future holds and who will work with the manager for the betterment of the club.

As said above, I hope the dick loses another 300 mill. And I hope it hurts.

Oh, here's a comparison of how much income the club will make next season. We are fucked!

I cannot believe we are making a loss especially not one of that size. Hundreds of millions of TV income over the Lerner era and transfer spending has been well down following the initial splurge. And we have been continuously cutting the wage bill for five years. You could run this club in a self sustaining fashion and be more successful. Something does not add up.

Would it be cynical of me to suggest that Lerner is taking money out of the club into his own pocket and this is why the club is making a loss? Or would that be going toon far

Villa_Dan wrote:Would it be cynical of me to suggest that Lerner is taking money out of the club into his own pocket and this is why the club is making a loss? Or would that be going toon far

Wouldnt be surprising.. Hes probably expecting to sell for a loss now (especially with relegation a certainty) and so is keeping so much himself so he does somehow break even

Villa_Dan wrote:Would it be cynical of me to suggest that Lerner is taking money out of the club into his own pocket and this is why the club is making a loss? Or would that be going toon far

That is exactly what I think has gone on.

EbeneezerGoode wrote:

Villa_Dan wrote:Would it be cynical of me to suggest that Lerner is taking money out of the club into his own pocket and this is why the club is making a loss? Or would that be going toon far

That is exactly what I think has gone on.

Cmon guys. We have known for at least 5 years that Lerner has tried to recoup the money he lost up until MON left. We know this. Ofc. he has pocketed what he can pocket. Why do you think he's hired a dozen accountants and bankers. It's there for all to see, nothing to even debate.

Do not have full accounts but heres some back of a fag packet calculations


I have probably missed out some expenses and revenue sources but theres no way that could bend that from a 44million surplus to a 300million loss. Perhaps irregularities have been noticed and resulted in the negative due diligence that has been mentioned.

I do fear that this is going to get worse. The longer Lerner doesn't sell the further we will fall.

When your have one company that owns another company is it easy to make your money disappear, asset management fees, administration charges and factor fees for paying utilities handling contracts etc.

I still don't believe the club is up for sale anymore.

Synopsis wrote:When your have one company that owns another company is it easy to make your money disappear, asset management fees, administration charges and factor fees for paying utilities handling contracts etc.

I still don't believe the club is up for sale anymore.

Exactly this. I don't believe the club has seriously been on the market, evidence points to something else. We've mostly all been scratching our heads as to why a club of our previous standing and history has somehow been unable to attract potential new investors/owners. The time to sell was end of last season upon premiership status being secured. The very fact we heard no names linked and proceeded to sell/move on the better players at the club points directly at the owner doing it on the cheap and extracting as much as is possible whilst maintaining premiership status, it's no surprise he's fucked that up this time around, his luck ran out. I said years ago that this was an irreversible spiral that Lerner had started, this spiral will continue for as long as Lerner is owner and his accountants remain at the club. Next season could be a bloodbath for the club. I've no idea why people keep putting money in Lerners pocket by continuing to attend games, only when the ground is near empty and adverse publicity is aplenty will Lerner even contemplate moving on. Fans would serve the club better by starting an Aston villa supporters investment club and putting all their match day money into a fund to buy the club.

Dazzle wrote:I've no idea why people keep putting money in Lerners pocket by continuing to attend games, only when the ground is near empty and adverse publicity is aplenty will Lerner even contemplate moving on. Fans would serve the club better by starting an Aston villa supporters investment club and putting all their match day money into a fund to buy the club.

I agree about attending games, but then I'm not a shining example since I couldn't come up that often even if I could afford it. I'm not sure the last time I saw us win at home but I think it was a cup match a couple of years ago. I like away matches, the atmosphere's great compared to a Villa Park I've rarely seen full. There's rarely much to sing about and even when there is, most of us don't seem to know the words.

If Garde can get a team playing as well as they can - ignoring for now that's probably not enough to avoid relegation - and showing proper fight I think that's reason enough to turn up whenever possible. It's when the players let us all down, that's when the problems start. If Garde can find that starting 11 in the senior and Academy players available then they need all the support they can get. I wonder if Gestede might be a fighter for us. He's not set the PL alight so no one's going to be buying him, and if he's looking for a Championship team he doesn't have to look far. We'll get some attacking players back soon, in the shape of Ayew and Traore. Without an effective attack and a return to the goalie giving the ball straight back to the opposition whenever he gets it, our defence is screwed.

There's a difference between supporting the club and supporting its owners. I think if everyone really thought that by not turning up for two matches - season ticket or not - Lerner and the press worldwide would sit up and pay attention, but I can't see that happening.