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Lerner and Ellis Speak

Lerner and Ellis Speak

Commenting on the Offer being recommended by the board of AVFC, Randolph Lerner, Chief Executive Officer of RAL, said:

'It is my belief and the basis for my bid to acquire Aston Villa Football Club that it can compete at the highest level within the Premiership and in Europe. The Club has a rich history and a long tradition of passionate fan support.'

Doug Ellis, out-going Chairman of Aston Villa, said:

'It has been my sincere pleasure to have been involved with Aston Villa these many years, both as Chairman and as a substantial shareholder. The Club has been an enormous and immensely enjoyable part of my life.'

'I wish to thank the many staff at Aston Villa over the years for making the Club what it has been and what it is. I am sure that this transaction will be the beginning of a new chapter in Aston Villa's proud history.'

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Writer:J P Fear
Date:Monday August 14 2006
Time: 7:36AM

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Comments

0
No mention of the fans from Doug? Surprise, surprise.
Stevew
14/08/2006 07:39:00
0
Who cares now though! The lion is about to roar again.
Stevew
14/08/2006 07:41:00
0
Sod him. He's history now. Time to get on with the important things, like fixing the name on one of the stands!
ooahPaulMcGrath
14/08/2006 07:52:00
0
Good point ooahpaulmcgrath, I think that stand should be re named after me ! I think i have put more money into the club than the (dead) deadly ! Well done Randy ! Champions League here we come !!
jaspervilla
14/08/2006 07:59:00
0
Well, this is great news. At last our great club is moving in the right direction. It will be interesting to hear what Mr Lerner has got planned for the club. Next season I might be cheering Villa from the MBNA Credit Card stand!
pongogidman
14/08/2006 08:04:00
0
whos. first on the transfer list then, petrov, malbranque, kaka!? How much money will he give MON to spend, thast the important question at the monent...get on ladbrokes, were 10/1 to finish 45 points behind chelski, good bet now i rekcon
son_of_cher
14/08/2006 08:09:00
0
The Lerner stand has a lovely ring to it..........
col8
14/08/2006 08:09:00
0
American billionaire Randy Lerner is set to take control of Aston Villa, after winning the battle to buy the Midlands club. The Premiership outfit have announced to the Stock Exchange that Lerner will take over the running of the club from current chairman Doug Ellis. Lerner had been part of a four-horse race to buy out Ellis' stake, with the outgoing chairman having held talks with the interested parties in recent weeks. It appeared Lerner had cooled his interest in taking over at Villa Park after announcing he had withdrawn from discussions at the end of last month. But the owner of NFL team Cleveland Browns revived his bid and has now struck a deal with Ellis, which values the club at £62.6 million. Ellis had been prepared to sell his stake in Villa since last October after spending almost 40 years - in two spells - involved in the running of the club. He is now close to ending his reign after the announcement that an agreement had been reached with Lerner. The other consortia keen on buying the club included a group headed by long-time Villa supporter Michael Neville. Sven Goran Eriksson's agent Athole Still was also fronting a bid, while AV06 were the fourth consortium bidding to buy Ellis' share. The Villa board have unanimously recommended that shareholders accept the offer, with Ellis hopeful for the future of the club. "It has been my sincere pleasure to have been involved with Aston Villa these many years, both as chairman and as a substantial shareholder," said Ellis in a statement. "The club has been an enormous and immensely enjoyable part of my life. "I wish to thank the many staff at Aston Villa over the years for making the club what it has been and what it is. "I am sure that this transaction will be the beginning of a new chapter in Aston Villa's proud history." Dont you just love it when a plan comes together......... American billionaire American billionaire American billionaire American billionaire Got a ring to it, dang wheres my Banjo boy. Is this the best news you ever read??
col8
14/08/2006 08:09:00
0
I think I prefer the Randy Stand
chocolate teapot
14/08/2006 08:22:00
0
Lerner said: "It is my belief and the basis for my bid that Aston Villa can compete at the highest level within the Premiership and in Europe." Claret & Blue stetsons all round!
pongogidman
14/08/2006 08:23:00
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