Statement From Aston Villa
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Statement From Aston Villa

Statement From Aston Villa

The club have made an announcement on the official site with regards to the 'takeover' talk.

It reads, taken directly from the official site:

A number of supporters have contacted the club recently requesting information regarding the current takeover discussions.

Whilst we understand the interest and concerns of supporters and shareholders, as a listed company, we are strictly limited to what we can and cannot say regarding the current situation.

Consequently, we have communicated all possible information to supporters and shareholders via the Stock Exchange.

However, the following points give a brief summary of the legal requirements that any listed company must adhere to in such circumstances.

*As Aston Villa is a listed company, the board and its representatives have a legal duty to conduct any takeover negotiations strictly in accordance with the regulations.

*There can be no special deals struck for the benefit of any individual. Personal interests cannot be pursued and all negotiations are conducted in the best interest of all shareholders and the football club.

*As the company's retained advisor, Rothschild has been, and will continue to be, present at all meetings to ensure regulatory practice is upheld.

*The board of Aston Villa are duty bound to consider the merits, or otherwise, of all offers made to the club.

*In such situations, it is not legally possible for a listed company to divulge specific information relating to a takeover without first informing the Stock Exchange.

*Accordingly, as and when appropriate, a further announcement will be made.

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Writer:J P Fear
Date:Monday July 31 2006
Time: 12:42PM


Neville seems abit green to me, although he is a business man. He says he will give 25 million to O Neill when he captures the helm, but what about in a few seasons? This bloke sounds like he has been strugglin to find backers, what if in afew years he is in debt? At least the club right now isnt in any type of debt, but thats only because Doug is a massive tight arse with his funds. After all this trash talk i bet he wont even sell. Then the only way were ever gunna get rid of him is if he croaks, god forbid (in a humane manner).
01/08/2006 05:08:00
All talk from the supposed interested parties, but no action. Its all very frustrating at the moment, and will no doubt remain so until one of the consortiums actually makes a firm offer. Once one bid is lodged, hopefully that will stir the other groups into action.
01/08/2006 00:19:00
Melberg's little girl called Saga? Well theres an apt name if evere I heard one
31/07/2006 23:02:00
Now I know someone has been abducted! They always deny and deflect attention from the real issue. Ellis is an alien. and because of this he is not legally intitled to sell the real Mr Ellis's shares. Aliens have stockmarket laws too you know. The TRUTH IS OUT THERE!
31/07/2006 22:59:00
I don't think Neville has the money to sustain a club like Villa if he buys it. I fear he could put us in a lot of debt
31/07/2006 17:08:00
Rothschild may advise Ellis to accept an offer but it seems they can't even arrange a meeting with Neville who has at least put forward an offer. Whether he actually has the funds is another matter
Steve W
31/07/2006 14:28:00
The statement is correct but in that case why all the leaks, they are worse than the facts. They do have hands tied to a degree but they could say several offers or close to a deal etc broad statements. But the rumours are really the worst for us fans.
NY Villa
31/07/2006 14:20:00
I'd love him to prove me wrong Cheshire Villan as if it's true he wants a Taylor/O'Niel partnership then that's always going to get me excited as it sounds great..but that's partly with the problem with this guy. He's telling everyone what they want to hear - making villa great again, being a lifelong villa fan, fans playing a role in what happens, graham taylor and martin o'niel, 20 million..but as you say, it's all a bit uncertain with his funding. According to the Mail, the AV06 group want Michael Laudrup and John Jensen as manager and will pull out if O'Niel gets in.....You couldn't make all this up!
31/07/2006 13:27:00
It is all down yet again to Ellis, we need to keep going on the Ellis out even if he convinces Martin O'Neill to take the job while re remains at VP. Although I doubt O'Neill would go to VP while Ellis is there.
irish villa
31/07/2006 13:25:00
The thing that worries me aout the Neville consortium is the wording of the statements. E.g. we are looking to provide £20m for the manager to spend on players. There is rarely a qualified statement where the wording suggests that the funding is definitely in place. Or am I being too picky?
Cheshire Villan
31/07/2006 13:20:00
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League Table

# Team P W D L Pts. GD
1 Man City 8 6 0 2 18 12
2 Man Utd 7 5 1 1 16 7
3 Crystal Palace 8 5 0 3 15 4
4 Leicester City 8 4 3 1 15 2
5 West Ham 8 4 2 2 14 6
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13 Norwich 8 2 3 3 9 -2
14 Stoke 8 2 3 3 9 -2
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16 Chelsea 8 2 2 4 8 -5
17 WBA 8 2 2 4 8 -5
18 Aston Villa 8 1 1 6 4 -5
19 Sunderland 8 0 3 5 3 -10
20 Newcastle 8 0 3 5 3 -11
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