The Bells Are Ringing


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The Bells Are Ringing


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Aston Villa £27m losses reported

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Post by VillaBill Fri Mar 11, 2016 4:44 pm

Is administration a distinct possibility?
We would be better off taking the pts deduction now, or has this rule been changed?
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Post by Guest Tue Mar 15, 2016 11:57 am

Just saw this: https://youtu.be/qa7X-bitQUo

Didn't know where to link it, but some of you might not have seen it. Rather sad really.
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Post by andrew24561 Thu Mar 17, 2016 9:59 am

27 million loss ? creative accountancy IMO, if not how much will we loose in the championship after the sky money stops ? frightening for me, bet Lerners shitting himself !!!!!
Over to you Mervyn.
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Post by achilles Mon Mar 21, 2016 4:33 pm

The following is a brilliant insight into our club but it is pretty dark reading:

http://swissramble.blogspot.co.uk/2016/03/aston-villa-this-house-is-circus.html?m=1

One thing Lerner cannot be accused of is NOT putting his money into the club, wasting it most definitely YES!

One little except:

Amazingly, given their rotten displays, Villa’s wage bill rocketed up by 21% (£14.4 million) from £69.3 million to £83.8 million, not just due to new signings, but new contracts for some players and Paul Lambert.

In addition, there has been a steep rise in headcount. Players, football management and coaches rose from 173 to 185, but there was an even bigger increase in commercial, merchandising and ops from 232 to 261. There’s not exactly been a great return on investment from that yet.

Aston Villa £27m losses reported - Page 2 26%2BAston%2BVilla%2BWages%2Bto%2BTurnover%2BLeague%2B2015

After three years of keeping the lid on this expense by “rationalising the playing squad” and exercising “tight control of players’ wages”, there has been a total change in policy. In fact, this is the record high for Villa’s wages, just above the previous peak in 2011. God knows what the wage bill will be after this summer’s influx of new players.

This increased Villa’s wages to turnover ratio from 59% to 72%. Although this is nowhere near as bad as the 91% in 2011, it’s still the second highest (worst) in the Premier League, only “beaten” by West Brom’s 75%. As a contrast, high-flying Leicester’s ratio is 55%.

Aston Villa £27m losses reported - Page 2 27%2BAston%2BVilla%2BWages%2BLeague%2B2015

Villa’s wage bill is the 7th highest in the Premier League, once again far below the usual suspects: Chelsea £216 million, Manchester United £203 million, Manchester City £194 million, Arsenal £192 million, Liverpool £166 million and Tottenham £100 million (2013/14). However, they are ahead of the others, so are spectacularly punching below their weight.

The wage bills of the mid-term clubs seem to be converging around the £70 million level, e.g. West Ham £73 million, Southampton £72 million, Swansea £71 million, Stoke City £67 million, so Villa have not really made the best use of their extra funds.
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Post by DelboyVilla Tue Mar 22, 2016 10:01 am

The incompetency at our club is staggering beyond belief.

So we are spending more on players wages than every team above us bar the CL 4 and plop and spuds. How on earth are we doing that when we have apparently been cost cutting? FFS we'd had Ashley F@cking Westwood as a main stay in our team? He's not even a proper footballer?

I assume the huge wage increase is down to Senderos, Richardson, Grant Holt and big increases for Lamberk, Westwood, Gabby, Bacuna, Lowton, Hutton HisssssDelph and Tekkers? FFS Hutton was training with the kids for the previous 2 years and Gabby couldn't hit a cows arse with a banjo?

If I was in Lerner's offspring's position I would be worried that Daddy dearest is going to have blown my inheritance before I am 18?

A fool and his money?
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