Are Villa In Trouble?

Sounds serious but these things have a habit of blowing over. Losing that game must be catastrophic. Hope we don't experience that ever again.

 

Couldn't happen to a nicer club, horrible fans and horrible city - however, they may have a saviour lined up.....

American Peter B Freund lines up £75m bid to buy Aston Villa | Sport | The Times https://www.thetimes.co.uk/article/...lines-up-75m-bid-to-buy-aston-villa-2wpdkfwzd

 

I don't like to see any club in trouble (bar Scum) as at the end of the day we are all part of a football family and if we lose teams then we will end up like NFL with just 20 teams and plastic hot dogs.... Or is that the Premiership?
I hope Villa sort it out, even though I think they are a bit arrogant at times.

 

Arrogant? Prince William and his Villa pals make Fulham look like chavs. I'm guessing the money did come in from abroad and Steve Bruce ate it.

Seriously though, we've had these scare stories before about a club going down (Portsmouth, Leeds etc). It won't happen but I do have some sympathy for the fans. Moving from the Championship to the incredible riches of the Prem is like selling your house and abandoning your family to swim a crocodile-infested river to get to the Land of Milk and Honey. Only a few make it, and some of those that do have been so savaged by the time they get there (ie QPR) they don't stay long...and there's a "welcoming" committee on their return

 

Not a nice situation for any club to be in, the £200+ million for winning that playoff final would have been very useful indeed.

 

They sound like us circa 2012.....
Spent big in a gamble that failed now all coming home to bite them on the arse.....

 

They gambled and lost, reckless behaviour and now they’re in deep. I’m sure they’ll sort it out but will be fun if they have to start the season with minus 12 points

 

It looks like they will be ok for now if anyone is interested, good luck to them I say...

Administration, player sales & Tony Xia's plan - Aston Villa crisis questions answered

Aston Villa will not be going into administration and are confident of solving their cash-flow crisis, sources have told BirminghamLive.

Owner Tony Xia has today received positive news that a loan has been approved. He has managed to source £2m from China and borrowed a further £4m to help cover with the costs in the weeks ahead.
It’s understood that Xia is doing everything possible to keep hold of the club he purchased in 2016 having invested over £150m.

Several leading football finance experts have backed up claims from sources close to the club who are adamant Villa's current crisis will not see them file for administration.

Read on at https://www.birminghammail.co.uk/sp.../aston-villa-administration-tony-xia-14751662

Here is a screen grab of their owner...

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Perhaps we can share legal costs when FFP comes for them?

 

Many Championship clubs are in the red ...................... Taking a gamble on making a run for the PL, like Wolves did?
Luckily for them, they get to reap the rewards of the PL coinfest but others, like Villa, took the gamble and lost.

http://www.dailymail.co.uk/sport/fo...le-report-reveals-99-revenue-spent-wages.html

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Interesting to see us bottom of that list, and with a profit....where did those figures come from, thought we were totally skint? Take it that that includes our windfall from Sterlings sale to Man City?

 

No idea where the figures came from, mate.
Our club should be starting to look ok, being that we have spent squat over the past year or two.

 

That is encouraging though means that all we can aspire to is low to mid table year on year. Unless we are lucky enough to do a Burnley, that table demonstrates that promotion is usually bought with big bucks only.

Horrible gamble for the owners. I wonder if they examine what other clubs have spent or are spending to try and decide whether they should go for it in any given year?

 

False reading, our turnover includes parachute payments which were substantial in 2016/17 and our biggest source of revenue by far, without those we would have been well in the red.

 

It is reported that Xia was paying the club £4 million per month & that the Chinese governmant have stopped him exporting money, thus the payments dried up three months ago. This also applied to a major shareholder of Atletico Madrid, who has now sold his stake in the club.

Whether these payments will be allowable against FFP I have no idea. Also, how Villa will cope with a loss of £48 million income per year is an interesting question. It would appear that it has already delayed payments to HMRC, which is always indicative of problems ahead.

 

For sure the Vanilla will fall foul of FFP. They gambled heavily and lost. For that reason alone I have no sympathy for the club and its owners. For their supporters, yes it is very sad but these are the clubs that have seen what has happened to us through inept management and gambling on going up, yet they decided to ignore it and go for broke. Paying JT 80k a week at this level is just plain stupid.

 

All I hear on he media is concern and hoping the best for Villa the same hate mob wanting us stringed up. Meh, **** Villa the fans demanded, the owners over spent massively. If they had gone up it would have been considered a 'wise gamble'. They have to live with the consequences.

 

They gambled and lost. All said though I don’t want to see any club penalised points over a stupid, badly thought through bunch of rules from the EFL that is consistently ignored by clubs putting all at risk to find the end of the rainbow.
There but for the grace of god goes us and many other clubs.