Villa CEO Cancels All Leave And Warns What Is Needed

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VitalFootballAdmin

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Aston Villa CEO Keith Wyness has spoken... well, as is the modern way, tweeted!


<br><br><a href ="http://www.vitalfootball.co.uk/router.asp?7523993">Click here to read the article</a><br><br>
 
The only way around FFP would be a lucrative sponsorship deal from Recon .
Gues we will find out soon if Xia has any money to support the club.
 
Dr X The twitter king has gone very quiet of late not that I follow twitter but I've not seen any silly quotes on here .
The Chinese are not known for their tolerance, I expect Bruce is bricking it
 
Leave for who? Players? Coaching/backroom staff? I don’t imagine they’d be allowed any leave anyway this time of year with how busy it is.
 
From mirror sport , story of suppliers not being paid and money being borrowed to pay huge wage bill.
 
Parachute payements - is this right? I thought the parachute payments were 55%, then 45% then 20% of the money the club received at the end of their final PL season. According to:
http://www.birminghammail.co.uk/sport/football/football-news/how-much-aston-villa-parachute-11161706
we're due to get £14M for 2018-2019, not exactly megabucks and less than half the £33M for this season, still every little helps.

There's also the question of when it's payed. I assume it's the end of the season. So, at the end of the season we were relegated we were due to get our PL cut for that season, last summer we were due to get the first parachute payment, next summer we're due to get the second parachute payment, and so on.

Is this wrong? Any ideas?
 
I would imagine the parachute money is via monthly instalments rather than a big lump arriving in one hit ?
 
As much as I can't stand the football under bruce I still wonder how on earth we are fascilitating our wage bill and that when richards and agbonlahor are gone , £70000 a week , £3.5m a year plus , only then can we be a normal
Club.
 
Silhillvilla - 28/12/2017 16:55

The only way around FFP would be a lucrative sponsorship deal from Recon .
Gues we will find out soon if Xia has any money to support the club.
Click to expand...

If only it were that simple Silhillvilla - clause 4.2.4 of the EFL’s FFP rules allow for an adjustment when calculating relevant profits / losses to fair value of any transaction with a related party, ie to the value that a genuine third party would be willing to pay for sponsorship - https://www.efl.com/-more/governance/efl-rules--regulations/appendix-5---financial-fair-play-regulations/
 
maninapinksuit - 28/12/2017 19:20

Silhillvilla - 28/12/2017 16:55

The only way around FFP would be a lucrative sponsorship deal from Recon .
Gues we will find out soon if Xia has any money to support the club.
Click to expand...

If only it were that simple Silhillvilla - clause 4.2.4 of the EFL’s FFP rules allow for an adjustment when calculating relevant profits / losses to fair value of any transaction with a related party, ie to the value that a genuine third party would be willing to pay for sponsorship - https://www.efl.com/-more/governance/efl-rules--regulations/appendix-5---financial-fair-play-regulations/
Click to expand...

So how do Man City get away with it ?
 
They are not in the EFL so the EFL’s FFP rules don’t apply to them.

Their significant losses / related party investment arose before the broader FFP rules became effective.

They are Man City - now part of the small number of clubs who significantly influence regulations to stop their journey being repeated by others.

As an aside, it’s not all about funds available but to a large extent how they are invested.......we’ve been terrible at spending for more years than I can remember, the polar opposite of say a Southampton. Spunking cash, destroying value isn’t the answer

 
Players, coaching staff and manager losing a weeks wage when the team doesn't perform is the qui nest way to turn things around.
 
You wouldn't sign a player on that basis, they would go to somewhere like Crystal Palace or West Ham where they were guaranteed their 100% wage.

I'm all for incentivised bonus schemes, no doubt they've been maxed out already but surely reward players for game and season long performance.
 
These days managers' contracts usually have a limit on compensation if dismissed. Think players could and should have something similar. A year's compensation if a contract is cancelled unilaterally by a club would be quite fair.
 
FFP is based on the 3 previous years accounts. We should see the wage bill drop for last year (our first in the Championship) at least. After that a lot of our high earners leave at the end of this year, get rid of McCormack & Richards and we more than balance the books.

To be fair, if we were in Wolves position, FFP wouldn't matter as next year we would be in the PL.
 
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