The Owners & CEO Thread | Page 13 | Vital Football

The Owners & CEO Thread

This is the guy who used to work for Leicester and Tottenham and scouted Mahrez for 500k amongst others. Has a good CV at least.
 
Is this story in The Gulf News genuine, a wind up or out of date? According to this story Nasef Sawiris is being given a three year sentence on some tax scam dated back to 2007. Is there such a paper as The Gulf News? I’m hoping my mate is winding me up, sending this stuff.
 
Latest financials have been released:

https://www.avfc.co.uk/news/2021/april/Aston-Villa-Publish-2019-20-Year-End-Accounts/

Although turnover for the year was £112.6m, substantially up from £54.3m in the previous year, the unexpected cost of the pandemic contributed to a total loss of £99.2m compared to £68.9m in 2018-19.

Thanks to the unwavering support of our Owners, the operating loss and all capital investment has been funded by shareholder equity. Aston Villa remains debt free...

...At the start of the pandemic Aston Villa made the decision not to utilise public funds via the Coronavirus Retention Scheme and did not furlough any members of staff. The Club continued to pay all employees throughout the Coronavirus period, including all our casual and matchday employees.
 
JuanPabloAngel said:
Latest financials have been released:

https://www.avfc.co.uk/news/2021/april/Aston-Villa-Publish-2019-20-Year-End-Accounts/

Although turnover for the year was £112.6m, substantially up from £54.3m in the previous year, the unexpected cost of the pandemic contributed to a total loss of £99.2m compared to £68.9m in 2018-19.

Thanks to the unwavering support of our Owners, the operating loss and all capital investment has been funded by shareholder equity. Aston Villa remains debt free...

...At the start of the pandemic Aston Villa made the decision not to utilise public funds via the Coronavirus Retention Scheme and did not furlough any members of staff. The Club continued to pay all employees throughout the Coronavirus period, including all our casual and matchday employees.
Click to expand...


:clap::clap::clap::clap::clap:
 
The suspension of The Premier League in March and the subsequent conclusion of the league season after the financial year end on May 31st 2020 resulted in £36.1m of revenue which was expected to be recognised in the financial year now being recognised in the financial year ending May 31st 2021.

So the results are £36.1m short of what they are in reality.

Looks like the owners are still fully committed to building up the club. I can see VP needing more capacity sooner rather than later.
 
it's all very well but we'd have been champions of europe and had a theme park by now with the last chap.

(cf Everton posted a 140 mill loss and Man City 125 mill loss for comparison)
 
Said it before but thank the Lord we lost to Fulham in the play off final. Bruce would have remained and no doubt the fraud would have stayed to taste the glory of being back in the Prem and spent like there was no tomorrow despite not having a pot to piss in....and Sawaris and Edens would have gone elsewhere.....the luck was with us for a change. These two are bloody brilliant and are leading us back to where we haven’t been for a long time.
 
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