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Padfield Hits Villa Wall Of Silence

Padfield Hits Villa Wall Of Silence

More consortium news, none of it getting us any closer to where we want to be takeover wise.

It seems that the long talked about Michael Neville group might be interested in teaming up with Nicholas Padfield QC who is fronting the AV06 group looking at buying Aston Villa.

Padfield, according to the press today, is willing to meet and talk with Neville when he returns from holiday at the end of the week.

Padfield said in an interview on Radio Five Live, said: 'The latest state of play is we have been approached by representatives from other consortia who have already put their hats in the ring. One of those is representatives of Mr Neville. We are considering opening discussions with them but haven't taken a firm decision. Nothing is going to happen until I return (from holiday) at the end of the week. We haven't had serious discussions yet but an approach has been made to me and certainly I'm quite happy to arrange a meeting when I get back.'

He also admits they won't be rushing to make a formal bid until he gets all the information he needs.

Padfield is also surprised at the lack of urgency and information from the club, he said: 'I have had no discussions with Mr Ellis at all and all of us find it surprising that no-one from the club has bothered to tell us what the position is as regards whether any formal offers have been made or indeed the position as regards appointing a manager.'

'I am having various meetings next week. They will be a number of meetings but I don't anticipate we will be in a great rush to make a bid simply because we don't have all the relevant information on which to base it.'

'One of the crucial issues is the extent to which Doug Ellis wants to retain a stake in the club or whether he is prepared to sell his entire share-holding. With Mr Ellis' involvement over so many years, I'd be very surprised if he didn't want some role in helping the best interests of the club. We would welcome that. If it was an informal role, not taking a front seat, I don't see what the fans could object to.'

Hmmm. It seems obvious this group are some way behind others who have done due diligence and that the club are dragging their heels with contact, so it surely doesn't seem that likely that they will nip in and win? Still, with Villa, who knows?


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

Writer:J P Fear
Date:Thursday August 3 2006
Time: 6:47PM

Comments

0
All this is old news, pull your socks up Mr Fear. Neville and Padfield are being frozen out. If Ellis is going to sell - and it is an 'if' - he wants to take the Yankie dollar. Amazingly, MON still hasn't ruled himself out, it seems he really does want to manage our club and is giving it every chance of sorting itself out. That is the one fact I am clinging to amidst this soap-opera.
Saurat
03/08/2006 19:25:00
0
It was always going to be a long drawn out affair, plenty of twists and turns, highs and lows, as long as the old man was involved. We all knew that it wouldnt be straight forward, but its extremely frustrating all the same. We seem so close, yet at the same time so far away, to a takeover. The club is definitely very much the loser through all of this. We just have to hope that it doesnt have a destructive effect on our season.
glensider
03/08/2006 20:47:00
0
The toffs seem to have the most cash (if you listen to baggie Bill), at least one, probably 2 billionaires. Neville has no money and is therefore desparate to join forces with AV 06, Neville in my opinion is too fond of doug anyway and just wants the ego trip of being Mr Villa 2.
MACCA UTV
03/08/2006 20:50:00
0
I'm still worried that lerner is yet to put in a formal bid. What is putting him off? Well apart from the obvious, but I thought that had been resolved now he was dealing with Rothchilds.
deanovilla
03/08/2006 22:47:00
0
They must be realy short of cash if there willing to spilt the shares between all of them. Not the right bunch of buyers.
Burnsy
03/08/2006 23:42:00
0
Agree with deanovilla there. I am getting somewhat concerned about the fact that Randy Lerner hasn't made a definite move. I personally think he's our best shot, and it would be a blow if he decided it was a no-go.
glensider
03/08/2006 23:50:00
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