Losses of 20 million last year

Now owe venkys 180 million

If they lost 20 last year, surely they must be close to getting pinged under FFP

 

Lets hope so.

Biggish will be loving this 

This sort of thing is going to become a regular occurrence,  i would imagine a medium sized club is going to go bust within the next few years.

We didn't get much sympathy from other clubs when we were deep in the shit.

Aston Villa have spent something like £130 Million this season and they're still in the bottom 3.

Fuck 'em.

Edited December 31, 20196 yr by Burndens Bogs

I cannot wish anything bad against them really, to go what we went through is a nightmare, but FFP has to get a grip ASAP.  I cannot see anyone wanting to buy them lot, their academy is supposed to be superb, but obviously it's not producing at a rate to sustain.  Its looking rather bad for them.

7 minutes ago, Burndens Bogs said:

This sort of thing is going to become a regular occurrence,  i would imagine a medium sized club is going to go bust within the next few years.

We didn't get much sympathy from other clubs when we were deep in the shit.

Aston Villa have spent something like £130 Million this season and they're still in the bottom 3.

Fuck 'em.

Don't expect you to know but if Villa go down, do they take into account this season when calculating EFL FFP

I did read they were massively in breach if they hadn't been promoted

Blackburn, Leeds, Boro, Stoke.

All throwing money about the place trying to get back to the prem. one of them is gonna go bang. 
 

Villa getting into the Prem was a huge huge risk

Blackburn have a £14m nearly 15m overdraft that can be recalled at anytime and has to be paid in 6 months if I read it properly

It will be a wonderful day if Blackburn become so crap they lose 7-1 in the league at Accrington.For that to happen the Venkys will have to act like fucking cunts regards the debt they have accumulated, i've seen nothing to suggest the Venkys are fucking cunts

5 minutes ago, Roger_Dubuis said:

It will be a wonderful day if Blackburn become so crap they lose 7-1 in the league at Accrington.For that to happen the Venkys will have to act like fucking cunts regards the debt they have accumulated, i've seen nothing to suggest the Venkys are fucking cunts

But they are business men with no Emotional tie to the club as such there will come a point where they will say enough is enough. And that will be a joyous day indeed. 
 

they are at present at the crossroads. One huge push to go for it next year and risk the wrath off FFP if it doesn’t work or start to to sell off all their valuable assets and start to get rid of big earners and move to a sustainable model. 

Didnt QPR have to pay 15 million a so for previous ffp breaches when they came back down?

Villa need to stay up or they'll be in trouble, even with a year of prem money and 4 years parachute payments.

Derby look most vulnerable to me at the moment 

Birmingham  City were in court recently with HMRC. Said they had paid what they believed was due and were contesting the rest. Case was dismissed on that basis.

2 hours ago, Casino said:

Don't expect you to know but if Villa go down, do they take into account this season when calculating EFL FFP

I did read they were massively in breach if they hadn't been promoted

Just had a quick look on the EFL FFP rules. Rule 8 states that a club can't avoid the EFL FFP rules by way of promotion from EFL until it has completed its reporting obligations as a former EFL club. I think a precis of this is "They're fucked!"

 

8 Clubs Promoted Out of the Championship

8.1 If a Championship Club is promoted to the Premier League (a Promoted Championship Club) the Promoted Championship Club shall, notwithstanding promotion, remain bound by these Rules following promotion as if it were still a Championship Club, until such time as it has complied with all of its obligations in respect of the Reporting Period covering its last Season as a Championship Club.  Until such time as the Promoted Championship Club has so complied, each of these Rules shall be deemed to apply to that Promoted Championship Club (other than Rule 6).

8.2 By way of example, a Championship Club promoted in May 2014 shall by 1 December 2014 submit its Fair Play Information in accordance with Rule 3 notwithstanding the fact that it is no longer a member of The League.

Ipswich £96m in debt and not even in the Championship.  Another year in Division 1 would surely see them off.

2 hours ago, tomski said:

Blackburn have a £14m nearly 15m overdraft that can be recalled at anytime and has to be paid in 6 months if I read it properly

Any overdraft although usually granted for 12 months is repayable on demand if the lender doesn’t like what is going on (ie negative trends in financial performance)

The following from 12 months ago on Twatter.

I reckon any EFL club on frame number 1 is under serious threat of FFP biting back.

3 minutes ago, MickyD said:

I reckon any EFL club on frame number 1 is under serious threat of FFP biting back.

Yes, but like a few don’t they just lease the ground back to the owners, which buys a bit more time ?

1 minute ago, marple whites said:

Yes, but like a few don’t they just lease the ground back to the owners, which buys a bit more time ?

There are undoubtably loopholes but sooner or later these will be shut down, I'm sure.

Just now, MickyD said:

There are undoubtably loopholes but sooner or later these will be shut down, I'm sure.

You would think so and once they have leased back once they can’t do it again.

football for me is on a knife edge and clubs will soon be folding like packs of cards

And the big 6 or 7 clubs, rather than saying, "This is bollocks! We need to do something about this before English football becomes a one-league system." Will instead be saying, "Shame about all those clubs going down the pan. What says we form a European Invitational League?"

I'd give any European league ten years tops.

Once the novelty wears off, and away fans can't afford it, and TV revenues don't hit targets because most don't give a toss, then it'd start to die a death.