Deep financial trouble ahead

[brownblade]

We are in serious risk of administration if we don’t get a new buyer on board, next season will be a huge cut to the first team squad. Our contractors are asking for all payments up front next season due to our behaviour last season. We owe millions in transfer fees. It’s very bleak.

Yawn.
And Wednesday are better than us too, right?

 

[Kevincarterversion2.0]

We are in serious risk of administration if we don’t get a new buyer on board, next season will be a huge cut to the first team squad. Our contractors are asking for all payments up front next season due to our behaviour last season. We owe millions in transfer fees. It’s very bleak.

If we still owe millions in transfer fees money must have been taken out of the club. £150 odd million from promotion should have sorted all the debts.

Where has the money gone? Those crap clubs the Prince owns? The princes’ pocket?

 

[Houston_Blade]

If we still owe millions in transfer fees money must have been taken out of the club. £150 odd million from promotion should have sorted all the debts.

Where has the money gone? Those crap clubs the Prince owns? The princes’ pocket?

Look at the accounts it shows you where the money has gone.

Wages, transfer fees, running costs etc.

The amounts taken by the United World clubs as fees is around £2m a year on average.

The owner has put his own money into the club and not taken it out.

It’s all in the accounts.

He might be a bad owner but he’s not siphoning off money.

 

[Champagneblade]

So without knowing, you’ve decided he “probably” has?

If you saw the state of Châteauroux (still one place above relegation to 4th tier with two games left) and Beerschot (finances one frees and summer sales, promoted but wondering how they’ll be funded) then you’d know money hasn’t been funnelled there!

 

[Bladesman]

If you saw the state of Châteauroux (still one place above relegation to 4th tier with two games left) and Beerschot (finances one frees and summer sales, promoted but wondering how they’ll be funded) then you’d know money hasn’t been funnelled there!

I reckon they probably think money has been funnelled to us instead.

 

[Laney Blade]

I doubt Danny Hall said that because the published accounts show no payments to Directors. ( there are three not four inc YG) None. You really ought to get a grip Laney. You know nothing. You claimed Hecky said xyz about finances at a Senior Blades meeting which was immediately discredited by other members who were there.

You need to put your prejudices about an Arab/Muslim owning the club aside.

It’s lie after lie after lie from you. It’s pathetic. Not even the most rabid anti Princer gives any credence to your stupid spiteful claims.

You will see.

 

[PrestwichBlade]

You will see.

You've been in the pub again, haven't you?

 

[Laney Blade]

You've been in the pub again, haven't you?

If the mythical Senior Blades members , calling me a liar , wish to come & speak to me , & the other 8 people on my table , the next lunch is on 14th May in the Plat. We are on table 18. I look forward to them introducing themselves.

 

[LJBlade]

If the mythical Senior Blades members , calling me a liar , wish to come & speak to me , & the other 8 people on my table , the next lunch is on 14th May in the Plat. We are on table 18. I look forward to them introducing themselves.

You’re next having lunch on 14th May? Having big breakfasts until then I assume.

Or are you suggesting that people only come and talk to you when you’re surrounded by your mates?

 

[Ned the Donkey]

I'm expecting a bottom half of table finish next year which might not be terrible if we can get the finances in order... or play the hotel up front

We could play the hotel in midfield, but perhaps its service won't be very good...

 

[Laney Blade]

If the mythical Senior Blades members , calling me a liar , wish to come & speak to me , & the other 8 people on my table , the next lunch is on 14th May in the Plat. We are on table 18. I look forward to them introducing themselves.

An amusing aside. Maybe one of them must be the guy who asked Hecky ....after he had just told us there was no real money ....Can't we buy Doyle & McAtee we're fed up of loans. Hecky said Listen ! Have you not been listening to me ? No we can't buy Doyle & McAtee !

 

[Laney Blade]

You’re next having lunch on 14th May? Having big breakfasts until then I assume.

Or are you suggesting that people only come and talk to you when you’re surrounded by your mates?

Which means these mythical Senior Blades don't exist. Its the Senior Blades monthly lunch club run by TC & if they exist they will be there.

 

[LJBlade]

Which means these mythical Senior Blades don't exist. Its the Senior Blades monthly lunch club run by TC & if they exist they will be there.

Which doesn’t really answer my question…

 

[bertieblade]

An amusing aside. Maybe one of them must be the guy who asked Hecky ....after he had just told us there was no real money ....Can't we buy Doyle & McAtee we're fed up of loans. Hecky said Listen ! Have you not been listening to me ? No we can't buy Doyle & McAtee !

So you seem to have changed from Hecky saying we had no money to saying we could not buy Doyle and McAtee.

that “fact“ was obvious to everyone,

 

[Sean Thornton]

Which means these mythical Senior Blades don't exist. Its the Senior Blades monthly lunch club run by TC & if they exist they will be there

If the mythical Senior Blades members , calling me a liar , wish to come & speak to me , & the other 8 people on my table , the next lunch is on 14th May in the Plat. We are on table 18. I look forward

 

[Houston_Blade]

If the mythical Senior Blades members , calling me a liar , wish to come & speak to me , & the other 8 people on my table , the next lunch is on 14th May in the Plat. We are on table 18. I look forward to them introducing themselves.

I bet your ‘friends’ have a sharp intake of breath when you walk in to the room and start spouting what you ‘know’ about the money.

 

[Sean Thornton]

Table 18

 

[Sean Thornton]

So you seem to have changed from Hecky saying we had no money to saying we could not buy Doyle and McAtee.

that “fact“ was obvious to everyone,

The original claim contained that “the City lads wouldn’t be coming back” Apart from one obviously.

 

[Sean Thornton]

I bet your ‘friends’ have a sharp intake of breath when you walk in to the room and start spouting what you ‘know’ about the money.

I bet it’s like Ripping Yarns where they all start to speak in French.

 

[Sean Thornton]

You will see.

I doubt it.

 

[Le Cynique]

Getting old seems rubbish

 

[Bladezz]

I think it was £18mil with a £17mil buy back clause, so effectively a £1 million loan.

Accountant on twitter alluded to the figure being £4.5m

 

[Lane Ender]

Getting old seems rubbish

Has its good and bad points

 

[Paisley Blade]

If the mythical Senior Blades members , calling me a liar , wish to come & speak to me , & the other 8 people on my table , the next lunch is on 14th May in the Plat. We are on table 18. I look forward to them introducing themselves.

We like to keep the rough stuff to Argos car park if you don’t mind?

 

[Silent Blade]

Accountant on twitter alluded to the figure being £4.5m

That’s the first instalment of the transfer fee not a loan fee!

 

[Bladezz]

That’s the first instalment of the transfer fee not a loan fee!

Not this again… he clearly explains it in detail this time. With the structure of the deal and how AV keep the first instalment.

Please my friend it’s a 2 minute job on twitter.

 

[Wards]

Sounded pretty simple, we 'buy' for £18m or thereabouts amortised over 4 years (i.e. each payment due each summer of £4.5m). If relegated we don't pay the remaining 3 installments and Archer goes back. Effectively cost us £4.5m + wages for a season.

Also, don't believe a word Rifleman says - full of shite

 

[Bell4]

We are in serious risk of administration if we don’t get a new buyer on board, next season will be a huge cut to the first team squad. Our contractors are asking for all payments up front next season due to our behaviour last season. We owe millions in transfer fees. It’s very bleak.

Is this a real fact or in your head ?

Either way it’s ok - just seeking clarity before I purposefully activate depression mode or stay with my current where there’s life there’s hope mode

 

[Bladedog]

A wind up clock?

Remove the L ...then you,re correct.

 

[Sean Thornton]

Sounded pretty simple, we 'buy' for £18m or thereabouts amortised over 4 years (i.e. each payment due each summer of £4.5m). If relegated we don't pay the remaining 3 installments and Archer goes back. Effectively cost us £4.5m + wages for a season.

Also, don't believe a word Rifleman says - full of shite

Amortisation is a paper figure though. What matters is what has actually been paid to Villa. That example assumes we were due to pay £18m in cash over four years.