Vital Football

Latest Aston Villa News

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.

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


Click here to join in the debate on the club forum.

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

Best of Vital Network

Comments

0
In other words b****r off and stop contacting us.
still skeggy
31/07/2006 12:47:00
0
rubbish. no takeover is happening, heard it all before. Time for doug to get a new manager and sign a couple of players pronto.
tylervilla
31/07/2006 12:51:00
0
Anyone care to report them then. Two of the above statements are lies as they haven't been met
avfc48
31/07/2006 12:52:00
0
hate to say it but the club do have there hands tied with regards to communication.im just wondering though,does this rule apply to posible bidders as neville has been spouting his mouth off,wheras lerner is being very coy on the situation.
JASON
31/07/2006 12:55:00
0
Neville said he was going to have talks with Ellis over the weekend, but I don't think he was he seen entering or leaving Villa Park. In my experience no news is bad news. But how many suitors can the old man shrug off without being revealed as a liar and a charlatan.
Saurat
31/07/2006 13:09:00
0
I find it very worrying that Neville has been quoted as saying he'll be happy to merge with one of the other parties interested. What's that all about? (a) You don't say that kind of stuff in public, you contact the people privately but (b) Has his backers got itchy feet? He's been raising supporters hopes for a while now. I wish he'd shut up and do his talking to the club for a change.
baros10
31/07/2006 13:17:00
0
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
0
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
0
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!
baros10
31/07/2006 13:27:00
0
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
Page 1/2
  1. 1
  2. 2

Login to post a comment

Recent Aston Villa Articles

U21s - Provisional Play Off Final Details

Aston Villa's Under 21 side have already booked their place in the Premier League Division Two Play Off final this season, and we know we await the Arsenal v Blackburn...

N'Zogbia Writes Villa Obituary

The man in the flowery curtain and Darth Zoggy wannabee has today closed the chapter on his Aston Villa career and provided fans with the moment they will remember...

Something For The Weekend (533)

Feeling emotionally undernourished...

Villa - Premier League Free Transfers 2015/16

As the summer nears and contracts come to an end, should Aston Villa be interested in any of the following free transfers?

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)

Southampton MotM
Suggested By: Site Staff
Guzan4%
Hutton4%
Richards1%
Lescott2%
Cissokho1%
Westwood63%
Gana1%
Sanchez1%
Bacuna1%
Ayew3%
Sinclair1%
Sub - Toner10%
Sub - Gestede2%
Sub - Grealish6%
ScoopDragon Premier League Network Sites

League Table

# Team P W D L Pts. GD
1 Leicester City 35 22 10 3 76 30
2 Spurs 35 19 12 4 69 39
3 Man City 35 19 7 9 64 32
4 Arsenal 35 18 10 7 64 24
5 Man Utd 34 17 8 9 59 12
6 West Ham 34 14 14 6 56 14
7 Liverpool 34 15 10 9 55 13
8 Southampton 35 15 9 11 54 12
9 Chelsea 34 12 11 11 47 7
10 Stoke 35 13 8 14 47 -14
11 Everton 34 9 14 11 41 5
12 Watford 34 11 8 15 41 -7
13 WBA 35 10 11 14 41 -11
14 AFC Bournemouth 35 11 8 16 41 -19
15 Swansea 35 10 10 15 40 -15
16 Crystal Palace 35 10 9 16 39 -9
17 Sunderland 34 7 10 17 31 -18
18 Norwich 34 8 7 19 31 -25
19 Newcastle 35 7 9 19 30 -26
R Aston Villa 35 3 7 25 16 -44
Write for Vital Football
Latest F1 News
2016 Russia GP - FP1
Latest Vital Boxing News
One More Fight And I’m Off
The Vital Football Members League

Recent Aston Villa Results (view all)

Aston Villa Fixtures (view all)

Apr 30 2016 3:00PM : Watford (a)
Barclays Premier League
May 7 2016 3:00PM : Newcastle United (H)
Barclays Premier League
May 15 2016 3:00PM : Arsenal (a)
Barclays Premier League

Vital Members League Table

RankNamePoints
1.Pride of Lions1233
2.The Fear626
3.glensider467
4.sirdennis383
5.kefkat315
6.Fulford295
7.JuanPabloAngel253
8.Silhillvilla236
9.Bonker232
10.gator195
Vital Football Comment