Vital Football

Latest Aston Villa News

Takeover Deal About To Collapse?

Takeover Deal About To Collapse?

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.

Writer:J P Fear
Date:Friday November 18 2005
Time: 6:18PM

Comments

0
Oh f************ and ****d*** *****!!!!!!!!!!!
Villain Of The North
19/11/2005 17:25:00
0
Oh f************ and ****d*** *****!!!!!!!!!!!
Villain Of The North
19/11/2005 17:25:00
Page 1/1
  1. 1

Login to post a comment

Recent Aston Villa Articles

FA Cup Set For 4th Sub Trial

The Football Association have confirmed that if IFAB approval is given, the FA Cup in 2016/17...

EFL Trophy Academy Teams Confirmed

A short time ago, we finally had an announcement confirming which 16 Category One Academy sides would be taking part in this year's trial with the EFL Trophy.

Winter Break Nears For Premier League?

Premier League chief executive Richard Scudamore has admitted talks are underway on the potential of introducing a winter break for the top flight in the future.

Gana To Everton - Richards Stays?

It was being reported yesterday that Everton had now met the speculated £7.2million release fee in Idrissa Gana's contract, and that Micah Richards would not be moving to Sunderland.

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
Villa_Grizzly
no email
Profile
Turkish Penguin
no email
Profile
Glensider
no email
Profile
Chris Heath
no email
Profile
M Calucar
no email
Profile
JuanPablo Angel
no email
Profile

Current Poll (see more polls)

Would you keep Scott Sinclair?
Suggested By: JP Fear
Yes, could be an asset64%
No34%
Unsure2%
ScoopDragon Publishing Entire League Network of Sites

League Table

# Team P W D L Pts. GD
1 Aston Villa 0 0 0 0 0 0
2 Barnsley 0 0 0 0 0 0
3 Birmingham 0 0 0 0 0 0
4 Blackburn 0 0 0 0 0 0
5 Brentford 0 0 0 0 0 0
6 Brighton 0 0 0 0 0 0
7 Bristol City 0 0 0 0 0 0
8 Burton 0 0 0 0 0 0
9 Cardiff 0 0 0 0 0 0
10 Derby County 0 0 0 0 0 0
11 Fulham 0 0 0 0 0 0
12 Huddersfield 0 0 0 0 0 0
13 Ipswich 0 0 0 0 0 0
14 Leeds Utd 0 0 0 0 0 0
15 Newcastle 0 0 0 0 0 0
16 Norwich 0 0 0 0 0 0
17 Forest 0 0 0 0 0 0
18 Preston 0 0 0 0 0 0
19 Q.P.R. 0 0 0 0 0 0
20 Reading 0 0 0 0 0 0
21 Rotherham 0 0 0 0 0 0
22 Sheff Wed 0 0 0 0 0 0
23 Wigan 0 0 0 0 0 0
24 Wolves 0 0 0 0 0 0
Vital Football Comment
Latest F1 News
F1 Prediction Competition open for round 12
Latest Vital Boxing News
Warrington Faces Tricky Saturday Night Fight
Write for Vital Football

Recent Aston Villa Results (view all)

Aston Villa Fixtures (view all)

Vital Members League Table

RankNamePoints
1.The Fear510
2.sirdennis210
3.Fulford186
4.glensider151
5.Silhillvilla137
6.kefkat126
7.gator109
8.1958Villan97
9.McParlandTheGreat92
10.HeathfieldRoad187484
The Vital Football Members League