Aston Villa News 24/7Writer: J P Fear 
Date:Friday August 18 2006
Time: 8:44PM
UK time is: 10:54:50
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Put Up Or Shut Up On Villa Bid?
DoogieTyBrenin asked, in our latest Poll, should AV06 give up?
77% said yes, approaching via the press is a bad sign. A further 6% said yes, they've had long enough and 3% said simply yes. So 86% are saying yes. See how my years at school weren't wasted?!
3% said good luck to them and 11% said if they bid, the shareholders will decide.
Not long to go before we see if these people (not just the Padfield group) put up or shut up. Shut up would be my guess!
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Your Comments
It's irrelevent. At the mo there can only be one and thats the guy who has actually bid. The question should be Should you sell your shares to RAL? I believe everyone should but that is a decision for the individual.
PS
Anyone that does business vis the media is not serious. Padfield is a QC. Surely he would be aware of stock market rules?
Steve64k
Good luck at the Cash Burdon Grove today guys, show them that they will not be a force this season but watch your shirt tails!!!!!!!!coys........
sidyid
Padfield is undoubtedly the wrong man to front this consortium, if indeed the consortium he keeps talking about actually exists. His comments and statements that have appeared in the media have done considerably more harm than good, probably destroying any realistic chance his much talked about group of millionaires/billionaires would ever have had anyway, in attempting to outbid/out do the Randy Lerner group.
glensider
I have a question regarding the shares for Mr Fear or anybody in the know. My parents own 100 shares each which they bought in 1967 for a fiver, i was wondering if they could sell all of their shares except for one each which they would keep so they could attend shareholders meetings and stuff like that. There is a doubt that if the company goes private they could lose their money, any advice so we can post em off asap and get the takeover done and dusted?
Villa1982
Hi Villa1982. You don't need to worry (bugger, Arsenal have just equalised) about keeping a share to keep the certificate, they will get the certificate back embossed once the takeover is confirmed. If the takeover doesn't go through, the certificates are returend anyway. So either way your parents will get the certificate back, if it is embossed, then it will be a bit of Villa history to treasure. There won't be agm's if they reach the trigger point so they can de-list from the stock market.
The Fear
can someone update me here...my reading of the situation is this:-
1.The Lerner Bid is preffered by DD
2.DD & Lerner have agreed a sale price
3.Any other needs to be received by thursday ?
4.Any other must be 5% above the lerner bid ...
Heres my question...suppose the AV06 bid goes in at 5% above lerner - could the lerner bid still be accepted ? - or do they have to sell to the highest bidder....
I have also heard that if a bid goes in above 5% - the lerner bid is null and void - ie no one can sell to him...
Perhaps mr fear could do an article ....detailing all the scenarios ...however painful !!!
I fear the sundays will do a 'lerner bid collapses' - in absence of anything else to say....so it would be nice to have some facts
qKing
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