UK time is: 05:36:46
Vital Login
Social Login

Choose your club

Other Sites

Network Navigation

Vital Partners

'If It's Football, It's Vital'

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!




Use your social login to comment on front page articles. Login using you Facebook, Twitter, Google or LinkedIn accounts and have your say!

The Journalist

Writer: J P Fear Mail feedback, articles or suggestions

Date:Tuesday November 8 2005

Time: 11:58AM

Your Comments

Heros and Villains. Lets hope the new bunch are heros! Villa needs some direction from top level before its too late.
leelindsay
Heros and Villains. Lets hope the new bunch are heros! Villa needs some direction from top level before its too late.
leelindsay
Agreed, the whole club, from top to bottom look leadership at the moment.
The Fear
Agreed, the whole club, from top to bottom look leadership at the moment.
The Fear
 

Have Your Say

Log in...
with your social network     OR     with your Vital account

Recent Aston Villa Articles

Drennan Returns - So Time For A Round Up (Wednesday October 22 2014)

Okore Not Ready For Premiership Action (Tuesday October 21 2014)

Nathan Baker Picks Up Hamstring Injury (Tuesday October 21 2014)

Lambert Hoping Everton Was A Blip (Tuesday October 21 2014)

Sanchez Now Ready To Be Relied Upon (Tuesday October 21 2014)

Grealish Back To Nottingham? (Tuesday October 21 2014)

Archived Aston Villa Articles

List All Vital Villa Articles
Have your say
Click here to suggest an article
Click here to suggest a poll

Vital Members League (view all)

1. Pride of Lions 661
2. The Fear 623
3. ClivetheVillan 566
4. thefacehead 438
5. HeathfieldRoad1874 231
6. sirdennis 209
7. kefkat 206
8. Villan Of The North 149
9. Clubpaver 126
10. DeanoVilla 115

League Results (view all)

League Table (view table)

Team P W D L GD Pts
9. Spurs 8 3 2 3 -1 11
10. Stoke 8 3 2 3 -1 11
11. Hull City 8 2 4 2 0 10
12. Aston Villa 8 3 1 4 -8 10
13. Everton 8 2 3 3 0 9
14. WBA 8 2 3 3 -1 9
15. Leicester City 8 2 3 3 -2 9

Breaking League News

Now! That First Penalty Against Maribor!
Chelsea : 23/10/2014 02:00:00
Could the Improbable Happen?
Chelsea : 23/10/2014 01:00:00
Isn't It The Sign Of A Great Team?
Arsenal : 23/10/2014 00:45:00
Captain Cescy?
Chelsea : 22/10/2014 22:23:00
Liverpool : 22/10/2014 21:51:00

Current Site Poll (view all polls)

Which kick off time do you hate the most?
Suggested By:  JP Fear
Saturday 3pm 5%
Saturday 12.30/12:45 etc 10%
Saturday 5:30/5:45 etc 4%
Sunday early 8%
Sunday 4pm 4%
Monday 8pm 23%
All are fine with me 2%
All of them accept Sat 3pm! 44%