Writer: J P Fear
Date:Friday November 18 2005
A report in the Express & Star by Martin Swain claims the proposed £65million takeover of Aston Villa is about to collapse. According to the report, Luke and Brian Comer aren't happy with the profit potential and the paper quotes a source close to the multi millionaire brothers' as saying 'The figures just do not stack up'.
The Comer brothers haven't publicly commented since the interest was first announced to the City by Aston Villa plc before this years AGM. However reports have suggested that their main area of interest was the potential for property deals. Villa hold a couple of significant plots of land within Aston and the surrounding areas. However, having looked more closely, the suggestion is they don't believe the potential is good enough for what they had in mind. This could be worryingly accurate because neither Luke or Brian are thought to be fans of football.
Martin Swain reports that they were interested in what they thought would be land deals in the region of £100million but 'that is just not the case. There are two extra pieces of land worth between £15m-£20m, but not enough to warrant spending £65m buying the club.'
Aston Villa have stated that talks are 'on-going' and Mike Neville, who is Comer Homes chief operating executive also says the deal is still on.
Several reports today have also focused on the broker who is said to have brought this deal to the table. Paul Garland is awaiting sentencing on 11 counts of deception to which he has pleaded guilty.
So, unless these reports are wide of the mark, back to square one by the looks of it! Lets face it, there needs to be a resolution one way or the other, at the moment the club is in limbo, and that isn't healthy for the plc or playing side of things.
What are the odds of a report about the next bid come Sunday?! Shame we can't divert Bob Kraft's attentions from a rumoured £100million takeover at Liverpool.
Date:Friday November 18 2005
Aston Villa Is A 'Classic Car` Football Club (Wednesday January 28 2015)
Jack Needs To Tweet About Eggs (Tuesday January 27 2015)
Okore On Mr Reliable Hutton (Tuesday January 27 2015)
Delph Talks Twinkletoes (Tuesday January 27 2015)
Allen Rubbishes Aston Villa Interest (Tuesday January 27 2015)
Steer Wants Yeovil Extension (Tuesday January 27 2015)
Villa's Tuesday Transfer Round Up - 27/1/15 (Tuesday January 27 2015)
U21s Snatch Blackburn Victory (Tuesday January 27 2015)
Fabian Delph - Amazing Loyalty In The Age Of Greed (Tuesday January 27 2015)
Aston Villa At Home To Foxes In FA Cup 5th Round (Monday January 26 2015)
|4.||Pride of Lions||636|
|Leicester City||1||-||0||Aston Villa|
|Aston Villa||0||-||0||Crystal Palace|
|Aston Villa||1||-||1||Man Utd|
|13. Crystal Palace||22||5||8||9||-8||23|
|15. Aston Villa||22||5||7||10||-14||22|
|18. Hull City||22||4||7||11||-10||19|
|13 Out Of 20
» Spurs : 28/01/2015 09:10:00
|Liverpool: 'We Were The Better Side' - Rodgers
» Liverpool : 28/01/2015 09:03:00
» Liverpool : 28/01/2015 09:01:00
|Sheffield United vs. Tottenham Hotspur.
» Spurs : 28/01/2015 09:01:00
|Aston Villa Is A 'Classic Car` Football Club
» Aston Villa : 28/01/2015 08:42:00