It transpires that the club has had a Cash injection of £13 million, courtesy of Nassef Sawiris and Wes Edens, our minted owners, buying more shares in the club.
Which left me quite perplexed, to be honest.
I thought we couldn’t spend any money, because we’re going over the £39 million loss over three years, or whatever it is?
Until I had another think about what FFP is actually meant to achieve.
My take is that FFP was designed to stop clubs going into extreme, unsustainable debt to try to achieve an unfair advantage.
I won’t mention Man Utd’s £1 billion debt, but even then, they’re not at risk of going bust just yet.
You can’t risk busting your club for a short-term gain that could very easily go wrong, is the point.
I also won’t mention that smaller clubs could face going bust for 10% of that £39 million.
I have never been convinced about the whole idea, but it’s a good premise.
Reckless owners can’t come in and bust a club in the short-term, is the idea.
But there’s been good debate on here and elsewhere about how this is basically a restriction of trade, that has no basis in law and wouldn’t stand up in court.
Except QPR had to swallow a stonking fine (£12-13 million?) quite recently for breaking the rules.
Why didn’t they fight that decision in court?
Probably because it’s just easier to play the game. You don’t really want to fall foul of those that run the game, do you?
I’m sure the EPL, EFL and FA can be as vindictive as it gets.
So where does that leave us?
Well, something has definitely gone on somewhere.
We know the EFL called the club in for discussions when our new owners came in.
Christian Purslow, our CEO, said that we would play within the rules and FFP wouldn’t be a problem, even though we’ve obviously gone well over the official limits.
My take and it’s a massive positive, is that our owners have offered some sort of bond, that says they’ll cover the required amount of any debt that the club has.
Of course, we need some debt. It suits the books, after all.
If I’m right, this is a is a win-win for all parties.
The EFL sees increased investment in the game.
And the club gets to spend whatever money the owners want, because it’s all guaranteed.
This is the relevant part, that is surely what FFP is all about.
Our owners have committed 100% to not bankrupt the club and backed it with real money, not promises.
Am I wrong?
In which case you can tell me how we can continue to spend.
The point is, even though I don’t expect Dean Smith to spend a fortune in the summer, he’ll still have plenty of scope to replace the majority of the squad if he deems it necessary.
And continuing with the positive vein, someone sent me the following stats about the Villa;
We have the 4th highest shots per game at 14.1 only beaten by Leeds, Norwich and Brentford.
And we are 3rd overall for passing accuracy at 79.5% behind Leeds 79.6% and Swansea 82.2%
Individually, we have two performers in top 4 – Abraham obviously but also Connor Hourihane is 4th highest in terms of assists with 9.
Okay, you long term readers know what I think about statistics.
They don’t represent the game as us fans see it.
But ALL managers and coaches have to take them into consideration, as they have far too much to oversee these days.
As much as we might not like it, the days of Sir Ron looking after 15 players, with a half time orange and a boot up the jacksie have gone.
I still think Hourihane is mostly invisible in games though.
And those stats don’t show that we’re in the bottom three in the whole professional league for conceding goals.
But hey, I’m looking for positives, aren’t I?