Generic clubs in financial crisis Thread

[Winston Biscuit]

SSN understands the Midlands club have been taking insolvency advice for more than a week, with reports that insolvency expert and former Chelsea CEO Trevor Birch was advising Villa as their financial pressures continued to mount.

The question Villa fans will have is whether Dr Xia has the resolve - and the resources - to continue funding a club that is believed to be costing him around £6m a month to run.

[genome]

SSN understands the Midlands club have been taking insolvency advice for more than a week, with reports that insolvency expert and former Chelsea CEO Trevor Birch was advising Villa as their financial pressures continued to mount.

The question Villa fans will have is whether Dr Xia has the resolve - and the resources - to continue funding a club that is believed to be costing him around £6m a month to run.

Seen some journalists claiming it's going to take them £75m just to get through next season.

[Winston Biscuit]

Jonathan Kodjia - £11M. 19 league goals in 2 seasons
Ross McCormack - £11.9M. 3 league goals in 2 season
Scott Hogan - £9M. 5 league goals in 18 months

All signed by Villa when they were a football league club, with Hogan & Kodjia reported to be on around £30k+ a week

John Terry reportedly earned £60k a week and Micah Richards, 1 appearance in 3 seasons, reportedly earned £70k a week in Villa's first season down and £35k a week since then

[Stranded]

Jonathan Kodjia - £11M. 19 league goals in 2 seasons
Ross McCormack - £11.9M. 3 league goals in 2 season
Scott Hogan - £9M. 5 league goals in 18 months

All signed by Villa when they were a football league club, with Hogan & Kodjia reported to be on around £30k+ a week

John Terry reportedly earned £60k a week and Micah Richards, 1 appearance in 3 seasons, reportedly earned £70k a week in Villa's first season down and £35k a week since then

Yep, they clearly went for the PL or bust technique this year and it very nearly paid off. However, the overspend on wages at least this year as well as previous ridiculous spending is coming back to haunt them.

Could be a very long summer for Villa fans.

[genome]

Jonathan Kodjia - £11M. 19 league goals in 2 seasons
Ross McCormack - £11.9M. 3 league goals in 2 season
Scott Hogan - £9M. 5 league goals in 18 months

All signed by Villa when they were a football league club, with Hogan & Kodjia reported to be on around £30k+ a week

John Terry reportedly earned £60k a week and Micah Richards, 1 appearance in 3 seasons, reportedly earned £70k a week in Villa's first season down and £35k a week since then

Yep, they clearly went for the PL or bust technique this year and it very nearly paid off. However, the overspend on wages at least this year as well as previous ridiculous spending is coming back to haunt them.

Could be a very long summer for Villa fans.

Let's not forget £5m for Tshibola

[From Despair To Where?]

Lol who set Villa up with their current owner again? Chris oxf*rd Samuelson.

We tried to warn them.

In much the same way Everton fans warned us us. And the Villa fans said the same as us - "Blah Blah due diligence blah blah fit and proper person test blah blah..." And yes, they also had an owner desperate to sell.

[Sutekh]

One of the Premier League founding clubs, Oldham Athletic, look like being next name to collapse. Unpaid staff, eye watering debts are just a couple of the problems it seems according to the Mail.

http://www.dailymail.co.uk/sport/footba ... wages.html

[Royalwaster]

Are Nottingham Forest the new Wolves this season?

[Stranded]

Are Nottingham Forest the new Wolves this season?

Where is that money coming from? They haven't changed ownership have they - major change of tack from them.

[Sutekh]

Are Nottingham Forest the new Wolves this season?

Where is that money coming from? They haven't changed ownership have they - major change of tack from them.

Perhaps they're aiming to fall foul of FFP again.

[Winston Biscuit]

PSG just ordered to sell €60M of player more this summer than they sign (which they likely would have done anyway as they have a lot to offload) and they are good with FFP

[Stranded]

PSG just ordered to sell €60M of player more this summer than they sign (which they likely would have done anyway as they have a lot to offload) and they are good with FFP

Well, clubs will now bid less for players than they would otherwise plus really hamstrings them on sales.

If it is they have to sell €60m more than they purchase then they could be seriously screwed. Mbappe was a loan last summer and officially becomes a PSG player this summer - for €180m. If this is factored in then they have to sell €240m worth of players.

[Winston Biscuit]

PSG just ordered to sell €60M of player more this summer than they sign (which they likely would have done anyway as they have a lot to offload) and they are good with FFP

Well, clubs will now bid less for players than they would otherwise plus really hamstrings them on sales.

If it is they have to sell €60m more than they purchase then they could be seriously screwed. Mbappe was a loan last summer and officially becomes a PSG player this summer - for €180m. If this is factored in then they have to sell €240m worth of players.

My understanding is that the Mbappe numbers are already factored in (part of the argument is that PSG wanted them to count from this summer but UEFA say they could from last summer) so it really is just €60M more. They also have to make up that €60M shortfall by June 30th this year so maybe they will be pressured a little more to lower asking prices but they were expected to sell a number of players this summer anyway that would have brought in far more than €60M.

Guedes and Draxler will bring them in some decent €€€

[Stranded]

My understanding is that the Mbappe numbers are already factored in (part of the argument is that PSG wanted them to count from this summer but UEFA say they could from last summer) so it really is just €60M more. They also have to make up that €60M shortfall by June 30th this year so maybe they will be pressured a little more to lower asking prices but they were expected to sell a number of players this summer anyway that would have brought in far more than €60M.

Guedes and Draxler will bring them in some decent €€€

Fair enough. WC starting today could well complicate things too as far as sales go but am sure they'll find a way to break even. 3 or 4 squad players moving to a Qatari club for €60m combined is my complete guess.

[Winston Biscuit]

My understanding is that the Mbappe numbers are already factored in (part of the argument is that PSG wanted them to count from this summer but UEFA say they could from last summer) so it really is just €60M more. They also have to make up that €60M shortfall by June 30th this year so maybe they will be pressured a little more to lower asking prices but they were expected to sell a number of players this summer anyway that would have brought in far more than €60M.

Guedes and Draxler will bring them in some decent €€€

Fair enough. WC starting today could well complicate things too as far as sales go but am sure they'll find a way to break even. 3 or 4 squad players moving to a Qatari club for €60m combined is my complete guess.

lolz. Hadn't even thought of that,

'Al-Ahli in Qatar have broken the world transfer record with the signing of Jean-Piere McNobody from PSG reserves for €300M....'

[Sanguine]

Financial matters - Birmingham's holding company Trillion Trophy Asia are the club's new main sponsor, which means their ground is to be named The St Andrew's Trillion Trophy Stadium, which is nearly as catchy as the newly named Trillion Trophy Training Centre.

[Franchise FC]

Financial matters - Birmingham's holding company Trillion Trophy Asia are the club's new main sponsor, which means their ground is to be named The St Andrew's Trillion Trophy Stadium, which is nearly as catchy as the newly named Trillion Trophy Training Centre.

Reminds me that I need to watch 'The Hitchhikers Guide To The Galaxy' again

[Uke]

Financial matters - Birmingham's holding company Trillion Trophy Asia are the club's new main sponsor, which means their ground is to be named The St Andrew's Trillion Trophy Stadium, which is nearly as catchy as the newly named Trillion Trophy Training Centre.

Reminds me that I need to watch 'The Hitchhikers Guide To The Galaxy' again

The Hexagonal phase which was broadcast on the wireless recently was surprisingly OK

It also had the original Trillan

[Sutekh]

Financial matters - Birmingham's holding company Trillion Trophy Asia are the club's new main sponsor, which means their ground is to be named The St Andrew's Trillion Trophy Stadium, which is nearly as catchy as the newly named Trillion Trophy Training Centre.

Reminds me that I need to watch 'The Hitchhikers Guide To The Galaxy' again

The Hexagonal phase which was broadcast on the wireless recently was surprisingly OK

It also had the original Trillan

OK yes, but not really a patch on anything that went before.

[Deadlock]

Financial matters - Birmingham's holding company Trillion Trophy Asia are the club's new main sponsor, which means their ground is to be named The St Andrew's Trillion Trophy Stadium, which is nearly as catchy as the newly named Trillion Trophy Training Centre.

Reminds me that I need to watch 'The Hitchhikers Guide To The Galaxy' again

The Hexagonal phase which was broadcast on the wireless recently was surprisingly OK

It also had the original Trillan

Sandra Dickinson =/= Susan Sheridan.