UK time is: 23:30:40
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

Steer Loaned To Doncaster (Friday August 1 2014)

Rushall 2-7 Villa U21s (Friday August 1 2014)

Positives For Lambert Despite Defeat (Thursday July 31 2014)

Chesterfield 3-1 Aston Villa (Thursday July 31 2014)

Villa XI To Visit Swindon (Wednesday July 30 2014)

Chesterfield v Villa Screened Live (Wednesday July 30 2014)

Lambert Thrilled With US Tour (Sunday July 27 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)

League Results (view all)

Latest Results

League Table (view table)

Team P W D L GD Pts
1. Arsenal 0 0 0 0 +0 0
2. Aston Villa 0 0 0 0 +0 0
3. Burnley 0 0 0 0 +0 0
4. Chelsea 0 0 0 0 +0 0
5. Crystal Palace 0 0 0 0 +0 0
6. Everton 0 0 0 0 +0 0
7. Hull City 0 0 0 0 +0 0

Breaking League News

Corinthians Striker On The Radar?
Sunderland : 01/08/2014 23:18:00
Oh The Irony Pardew
Newcastle : 01/08/2014 22:54:00
Striker Due In But Not The One We Want
Newcastle : 01/08/2014 22:24:00
Grenier Agent Stirs The Pot
Newcastle : 01/08/2014 22:03:00
Emirates Cup Preview
Arsenal : 01/08/2014 19:32:00

Current Site Poll (view all polls)

Darren Bent?
Suggested By:  JP Fear
Still needs to be sold 13%
Should be a starter 37%
Good for squad/off bench 48%
No idea! 2%