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

The Decline Of Aston Villa...

A decent two page spread in The Sun today with a few quotes from me. Here was my full answer to their question...

Match Day Officials v Liverpool

The Premier League have now announced the Match Day officials that will take charge of the game against Liverpool this weekend.

The Aston Villa Walking Wounded - Injury Table

Our weekly update looking at the injury table for Aston Villa and also comparing with all our competitors in the Premier League.

Bunn - The Fans Spurred Us On

Goalkeeper and now No 1 Mark Bunn has said he feels the turning point in Villa's season was seeing the fans frustration up front and close in the FA Cup game against...

Archived Vital Villa Articles

Vital Villa articles from

Site Journalists

J P Fear
Profile
Mike Field
Profile
Steve Wade
Profile
Villa_Grizzly
Profile
Turkish Penguin
Profile
Glensider
Profile
Chris Heath
Profile
M Calucar
Profile
JuanPablo Angel
Profile

Current Poll (see more polls)

Norwich MotM
Suggested By: Site Staff
Bunn5%
Richards1%
Okore11%
Lescott8%
Cissokho0%
Bacuna0%
Gana32%
Westwood1%
Gil7%
Agbonlahor26%
Veretout8%
Sub - Clark1%
ScoopDragon Premier League Network Sites

League Table

# Team P W D L Pts. GD
1 Leicester City 25 15 8 2 53 20
2 Spurs 25 13 9 3 48 26
3 Arsenal 25 14 6 5 48 17
4 Man City 25 14 5 6 47 21
5 Man Utd 25 11 8 6 41 10
6 West Ham 25 10 9 6 39 9
7 Southampton 25 10 7 8 37 9
8 Everton 25 8 11 6 35 12
9 Liverpool 25 9 8 8 35 -4
10 Watford 25 9 6 10 33 0
11 Stoke 25 9 6 10 33 -7
12 Crystal Palace 25 9 5 11 32 -4
13 Chelsea 25 7 9 9 30 -2
14 WBA 25 7 8 10 29 -9
15 AFC Bournemouth 25 7 7 11 28 -12
16 Swansea 25 6 9 10 27 -9
17 Newcastle 25 6 6 13 24 -18
18 Norwich 25 6 5 14 23 -20
19 Sunderland 25 5 5 15 20 -19
20 Aston Villa 25 3 7 15 16 -20
The Vital Football Members League
Latest F1 News
F1 set for spending frenzy according to Newey
Latest Vital Boxing News
Mitchell Announces Retirement
Vital Football Comment

Aston Villa Fixtures (view all)

Feb 14 2016 2:05PM : Liverpool (H)
Barclays Premier League
Feb 27 2016 3:00PM : Stoke City (a)
Barclays Premier League
Mar 1 2016 7:45PM : Everton (H)
Barclays Premier League
Mar 5 2016 3:00PM : Manchester City (a)
Barclays Premier League
Mar 12 2016 3:00PM : Tottenham Hotspur (H)
Barclays Premier League
Mar 19 2016 5:30PM : Swansea City (a)
Barclays Premier League

Recent Aston Villa Results (view all)

Vital Members League Table

RankNamePoints
1.Pride of Lions526
2.The Fear303
3.ClivetheVillan268
4.Fulford251
5.sirdennis182
6.JuanPabloAngel178
7.revdpete166
8.DeanoVilla149
9.Wurzel113
10.He'sBiggerThanMe&You91
Write for Vital Football