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.'