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.

Win FREE pizza with Vital Football!
Select your team and get 50% off if they score twice.
www.papajohns.co.uk/football

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

Best of Vital Network

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

HK - Abdo & McKirdy Talk Soccer 7's Trophy

Khalid Abdo and Harry McKirdy have both been giving their thoughts on Aston Villa's Hong Kong Soccer Sevens success last weekend.

Grealish Bags Brace On Full England U21 Debut

Youngster Jack Grealish made his England Under 21 debut in their last game against Portugal, and tonight he went one better on his full debut against Guinea.

Clark Linked To West Brom - Okore On The Future

Republic of Ireland centre half Ciaran Clark is again being linked with a move to West Bromwich Albion, and Jores Okore has been speaking about his future.

HK - Petty Delighted With Soccer Sevens Win

Coach Ben Petty has hailed the attitude of the youngsters who lifted the Hong Kong Soccer Sevens at the weekend.

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)

David Moyes would be:
Suggested By: JP Fear
A great appointment74%
A good appointment but I'd prefer a.n.other10%
Average appointment1%
No thanks appointment15%
ScoopDragon Premier League Network Sites

League Table

# Team P W D L Pts. GD
C Leicester City 38 23 12 3 81 32
2 Arsenal 38 20 11 7 71 29
3 Spurs 38 19 13 6 70 34
4 Man City 38 19 9 10 66 30
5 Man Utd 38 19 9 10 66 14
6 Southampton 38 18 9 11 63 18
7 West Ham 38 16 14 8 62 14
8 Liverpool 38 16 12 10 60 13
9 Stoke 38 14 9 15 51 -14
10 Chelsea 38 12 14 12 50 6
11 Everton 38 11 14 13 47 4
12 Swansea 38 12 11 15 47 -10
13 Watford 38 12 9 17 45 -10
14 WBA 38 10 13 15 43 -14
15 Crystal Palace 38 11 9 18 42 -12
16 AFC Bournemouth 38 11 9 18 42 -22
17 Sunderland 38 9 12 17 39 -14
R Newcastle 38 9 10 19 37 -21
R Norwich 38 9 7 22 34 -28
R Aston Villa 38 3 8 27 17 -49
The Vital Football Members League
Latest F1 News
F1 teams cover good mileage in test
Latest Vital Boxing News
Makabu Threatens to Knock Bellew Out
Vital Football Comment

Recent Aston Villa Results (view all)

Aston Villa Fixtures (view all)

Vital Members League Table

RankNamePoints
1.Pride of Lions786
2.The Fear416
3.kefkat311
4.sirdennis271
5.Lerner Out!246
6.Fulford226
7.glensider205
8.JuanPabloAngel182
9.DeanoVilla152
10.Thomas Holte144
Write for Vital Football