Vital Football

Latest Aston Villa News

Beginning Of End For Ellis?

Beginning Of End For Ellis?

Well, here goes. The beginning of the end for Mr Ellis? Or at least, that is how it looks at the moment with the news that Villa's second largest shareholder Jack Petchey is due to sell his 20% stake in the club this week.

Petchey bought a good percentage of this shareholding when they were priced at under £2.00, a good amount of those being at £1.11. The property developer was at first rumoured to be interested in a takeover himself but it soon became clear he was simply a very wise investor knowing our shares had 'bottomed out' and that Villa would be ripe for takeover at some stage.

If the price he gets is the rumoured takeover offer of £5.60, then he is set to make a small fortune to add to his already massive fortune. Nice work if you can get it!

This sale looks likely to signal the £64million takeover deal with Comer Homes IS happening and that Doug Ellis is finally going to relinquish control.

Michael Neville, a life long Villa fan and the person fronting the bid said: 'I'm afraid I can't make any comment at all. These things are always very complicated.'

Mr Petchey however remained, as ever, elusive!

Writer:J P Fear
Date:Tuesday November 8 2005
Time: 11:58AM

Comments

0
Heros and Villains. Lets hope the new bunch are heros! Villa needs some direction from top level before its too late.
leelindsay
08/11/2005 12:05:00
0
Heros and Villains. Lets hope the new bunch are heros! Villa needs some direction from top level before its too late.
leelindsay
08/11/2005 12:05:00
0
Agreed, the whole club, from top to bottom look leadership at the moment.
The Fear
09/11/2005 09:44:00
0
Agreed, the whole club, from top to bottom look leadership at the moment.
The Fear
09/11/2005 09:44:00
Page 1/1
  1. 1

Login to post a comment

Recent Aston Villa Articles

The Villa Times - 17/08/2017 (Aston Villa News Round-up)

The latest news and views on Aston Villa via the uno fish ial one...

Dear Steve Bruce....

marlin magic questions Steve Bruce.

Officials - Aston Villa v Norwich (19/8/17)

The Football League have now announced the Match Day officials that will take charge of the game between Aston Villa and Norwich City this Saturday.

Bruce Says Players Are Scared. I'm Not Buying That Excuse

The players will love these quotes from Bruce, a great way to lose the dressing room I'd say.

Archived Vital Villa Articles

Vital Villa articles from

Site Journalists

J P Fear
Editor email
Profile
Mike Field
Editor email
Profile
Steve Wade
no email
Profile
JuanPablo Angel
no email
Profile
Glensider
no email
Profile

Current Poll (see more polls)

Aston Villa v Norwich City will:
Suggested By: Mystic Mug
Win26%
Lose64%
Draw10%
ScoopDragon Publishing Entire League Network of Sites
Write for Vital Football
Latest F1 News
Pirelli to introduce new compound for 2018?
Latest Vital Boxing News
Burns and Crolla Have Respect for Each Other
The Vital Football Members League

Recent Aston Villa Results (view all)

Aston Villa Fixtures (view all)

Vital Members League Table

RankNamePoints
1.The Fear231
2.Pride of Lions197
3.Fulford189
4.sirdennis186
5.Silhillvilla169
6.Melon Donkey159
7.JuanPabloAngel151
8.DeanoVilla144
9.McParlandTheGreat137
10.villasince67121
Vital Football Comment