Aston Villa Rumours 7979


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20 Jun 2018 18:15:49
What I would like to hear from the powers that be is how have we got into so much debt in 2 years of Dr Xia’s reign?
I have been reading various articles and apparently in the last 2 years we have spent £80m on players but recouped £55m
Shortfall £25m
Parachute payments £75m
£50m to the good.
Wages £90m
£40m in debt.
Payments from the EFL 2 years at £7m/ year =£14m
£26m in debt.
The takings at the turnstile are harder to find out but assume 30k fans / match 25 matches/ year over 2 years this is 1.5m. Take an average of £20/ ticket after tax (low I think) this comes to £30m.
£4m to the good.
We then have sponsorship deals for shirts, match day sponsors, match day catering and Tv deals, let’s say £5m over the 2 years.
£9m to the good.
These figures are only estimates but they show a very marked difference to the £40m which we are supposed to owe so where has the money gone?

Agree1 Disagree0

20 Jun 2018 21:18:38
Business rates, utilities, licences, maintenance, professional fees, insurances to name a few expenses you've missed.

20 Jun 2018 23:12:18
£40 million worth, seems high.

21 Jun 2018 12:16:18
Wages are meant to be stupid mate and the owner was away and basically left the key to the safe to a load of crooks.

21 Jun 2018 12:22:05
The suggested 40 mill is the projection for 12 months time based on our costs last season and projected reduction of income due to decreased parachute payment. We already don't have the wages of Terry and Snodgrass which is around 5mill of that.
You'd be surprised at how much those bills I've mentioned would be, rates for VP and BH would likely be 100k+ a month and probably closer to 2 mill for the year.

Water bills would be pushing 10k+ a month when factoring in watering the pitch and the number of WCs in use on match days.
I wouldn't be surprised if minor maintenance was setting them back at least a million a year.
Everything you've missed adds up, not a single thing is 40 mill but by ignoring all of them you are creating a question which is already answered.



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