Villa accounts

[Sliced]

They are already done. No chance

[Juan Quidonqui]

They would need title winning form for the rest of the season and most of their games are against teams above them so they’ve got little chance of making the playoffs. I feel dirty just thinking about it but as their last two games are Norwich and Leeds we might be cheering the fishy fuckers on before the end of the season !!

[chasetownbaggie]

5 working days, I believe.

I'm interested to read the Allotment of Securities doc which has been received but not yet published. Might be something or nothing.

It's available on the companies house website now. Accounts are in too but not yet processed.

[albion_pigeon]

<rubs hands together>

[GMBaggie]

5 working days, I believe.

I'm interested to read the Allotment of Securities doc which has been received but not yet published. Might be something or nothing.

It's available on the companies house website now. Accounts are in too but not yet processed.

Thanks but I need a translator so that I can understand what it means.

[HeathAyIt]

My word.

At least this will cheer everyone up.

[chasetownbaggie]

Fugg me. I'm not an accoutant but have I read this right? 32m loss (up 25m!)?!?!?

https://document-api-images-prod.s3.eu-w...713851561b

[HeathAyIt]

Fugg me. I'm not an accoutant but have I read this right? 32m loss (up 25m!)?!?!?

https://document-api-images-prod.s3.eu-w...713851561b

Far worse than that. That's without the Recon accounts.

[chasetownbaggie]

Fugg me. I'm not an accoutant but have I read this right? 32m loss (up 25m!)?!?!?

https://document-api-images-prod.s3.eu-w...713851561b

Far worse than that. That's without the Recon accounts.

I didn't understand the significance of that but over on H&V, someone has said "Once Recon accounts are released which contain our wage bill, this is going to get a whole lot worse. Wage bill could be anywhere between £40-50m by my estimates, so when you add that on to the £32m loss, 2017/18 is looking a disaster. I fear an embargo" 

The thing is, they've been chucking money at it this season too. There must be a cunning plan.

[Kit Kat Chunky]

Fugg me. I'm not an accoutant but have I read this right? 32m loss (up 25m!)?!?!?

https://document-api-images-prod.s3.eu-w...713851561b

Far worse than that. That's without the Recon accounts.

I didn't understand the significance of that but over on H&V, someone has said "Once Recon accounts are released which contain our wage bill, this is going to get a whole lot worse. Wage bill could be anywhere between £40-50m by my estimates, so when you add that on to the £32m loss, 2017/18 is looking a disaster. I fear an embargo" 

The thing is, they've been chucking money at it this season too. There must be a cunning plan.

It is a £32.5M loss.

These are only published accounts, not the real deal, but you will notice "Administrative Expenses" of £96.8M, which is basically the wage bill, and runs at 150% of turnover.

Just wow. What a complete crock of shit. Even if you strip back to EBITDA, they have lost almost as much in a year as the FFP 3 year rolling loss allows. They have also spunked more money this year, on top of the wage bill.

If this isn't a total abuse of the P&S rules, then I don't know what is.