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18/19 Financial loss of £20.2m

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25 minutes ago, Wymsey said:

But, compare that to Aston Villa's latest results..

https://www.bbc.co.uk/sport/football/51738406

And even more dubiously, that company called Aston Villa Football Club Ltd. does all the football activities except they don't own any players or pay any players' or coaches' wages.  (Hence the wages of Aston Villa Football Club being only £7m.)  The player registrations are owned by, and the wages paid by, Aston Villa FC Ltd., and that company lost £8m as well - so £120m total.  Aston Villa Footballl Club pays and admin fee to Aston Villa FC.

 

Highly dodgy.

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23 minutes ago, Wymsey said:

But, compare that to Aston Villa's latest results..

https://www.bbc.co.uk/sport/football/51738406

They spent really big in the summer as well iirc so even if they stay up they are in trouble.

 

Presumably these figures will break the EFL FFP rules so they will have an even bigger problem if they go down.

 

 

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2 hours ago, urban.spaceman said:

Forgot about the arena and hotel! They'd be massive for us. Especially if the music venue can double as an ice rink for a Leicester City Ice Kings Ice Hockey team (one can dream). Imagine the stadium being part of the summer arena tour circuit for bigger bands too - it would be lucrative for a club like us.

The arena is being aimed more at the growing epsorts market, the club see hosting competitions of those kind as big business.

 

Susan Whelan admitted as much at the FCC meeting last year.

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22 minutes ago, Bayfox said:

The arena is being aimed more at the growing epsorts market, the club see hosting competitions of those kind as big business.

 

Susan Whelan admitted as much at the FCC meeting last year.

Are there any notes available to read from the FCC meetings? Thanks

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Seems Largely down to the cost of sacking Puel and buying Rodgers and co out of Celtic early

 

We’ve spent over £40 million on the Trianing ground but it’s not included in this years accounts.

 

The New Floodlights cost £1.2 million!

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2 hours ago, MattFox said:

Seems Largely down to the cost of sacking Puel and buying Rodgers and co out of Celtic early

 

We’ve spent over £40 million on the Trianing ground but it’s not included in this years accounts.

 

The New Floodlights cost £1.2 million!

Over £100m.

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Our wage bill is killer at the minute. We must be spending (some of it paid for by loan clubs in fairness) £300k+ a week on players that probably won't feature for us in  2021

 

Silva

Slimani

Amartey

James

King 

Jakupovic

Kapustka

Diabate

Ghezzal

Thomas

Hughes

Mendy (contract expires this summer, not sure if we'll renew)

Gray (?)

Albrighton (?)

 

We tend to give out new contracts too easily as well which doesn't help. Our finances (excluding infrastructure investment) for this year should be ok given the Maguire sale was upfront, releasing players, loan fees, home cup games, on tv all the time, no manager turnover (you'd hope), another commercial increase? 

 

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20 hours ago, Fox in the North said:

The 2018/2019 state £40m went towards the training ground that year. I’d imagine next years accounts will publish the remaining amount.

Top took a loan out on the training ground. The fixed contract price was £95 million. I assume it's being paid back at a quick rate?

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