I haven’t seen them for myself, but the link is here;
http://www.birminghammail.co.uk/sport/football/football-news/aston-villa-still-made-loss-8711554
Apparently, we lost £4 million and I quite frankly don’t believe a word of it.
I’ve previously suggested that the previous losses have been over exaggerated and now more recent accounts will be under-quoted to address the balance.
Which is all perfectly legal, as long as the books balance over time.
Or at least that’s my understanding, where I’d appreciate it if any accountants could finally put me straight on this point, as I’ve suggested it a few times, but have never had a decent answer.
At a glance things just don’t make sense and I know I’m countering my own argument here at first glance, but how have corporate incomes gone up, when we get the Likes of Bill Pearson, with his knowledge, telling us that there are loads of empty boxes compared to a while back?
Then there’s the increased sponsorship income.
Where’s that come from?
Is it really a fact that the most prominent sponsor, Dafabet paid more than the previous sponsor?
If that’s the case, I don’t remember the club shouting about it and it just doesn’t make sense anyway. The club hadn’t improved in the general football sense and probably got worse, after all.
These are typical examples of how you could make the figures look better to redress the previously overstated losses, is what I’m getting at.
I don’t know; I need to look at the details, but I at least find them “interesting” and would appreciate your views.
