Date:Monday October 10 2005
Former Birmingham and Manchester City defender Ray Ranson has ended his interest in taking over Aston Villa. Ranson, a successful businessman, had been linked with a £45m bid for the Midlands outfit, but his proposal has been rejected by the Villa board.
'Ray Ranson confirms he submitted a proposal to the board of Aston Villa plc subject to due diligence,' a statement to the Stock Exchange said.
'The board of Aston Villa plc have decided that the price was inadequate.'
The statement added: 'Mr Ranson has therefore decided not to pursue his interest in making an offer.'
Major shareholder and chairman Doug Ellis has resisted any attempts to buy control of Villa and a £30m bid from a consortium, which included Ranson, was rejected 14 months ago.
Ellis has suffered health problems in recent weeks and is recovering from triple heart bypass surgery.
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|1.||Pride of Lions||872|
|6.||Villan Of The North||202|
|Crystal Palace||1||-||0||Aston Villa|
|Man Utd||4||-||1||Aston Villa|
|11. Crystal Palace||34||12||4||18||-14||40|
|12. West Ham||34||10||7||17||-9||37|
|13. Hull City||33||10||6||17||-6||36|
|14. Aston Villa||33||9||7||17||-14||34|
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