McParlandTheGreat
Vital Champions League
We Villa fans shouldn't be too smug about all this. We have welcomed billionaires with open arms and want their cash thrown around like confetti. Are these not exactly the type of people who would have gone for the ESL? We are part of the same shitty disease but dodged the bullet this time.
Nah! Wes and Nassef aren't like that.
They are highly competent very shrewd businessmen. They aren't throwing money around; they're investing with a purpose.
They bought the club for £90 million (£60 million plus paying of Xia's £30million debt). Total loss 2018-2020 was £168.1million, which was covered by equity injections. My limited understanding of these things suggests that they've thus sunk £258.1million into the club (maybe Mike has a better idea).
But ask yourself this. How much is the club now worth? £300million? They're doing OK, and it's good for everybody that they're doing OK. That's how to run a club. Leicester also are doing things the right way. The money spent has gone into building up the club in a sustainable way. In a few years time we'll really see the benefit of that.