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Is Ellis Right To Interfere?

Is Ellis Right To Interfere?

Is Ellis Right To Interfere?

Reports from the Telegraph newspaper today suggests that Ellis tried to scupper the signing of Stilian Petrov stating the transfer fee would make Villa insolvent. He stated that Lerner should front the money himself but Lerner's advisors decided against this. Apparently because Lerner is only the majority shareholder and not the owner, he is not prepared to invest his own money yet.

Is Ellis interfering or does he have the right motives? Would this also account for the lack of transfer activity?

Article by Gazvilla

Writer:J P Fear
Date:Friday September 1 2006
Time: 2:25PM


Im sure I speak for most Villains on this.....P*ss off Ellis you stupid old tw*t, you do not need to prove you are a penny pinching self loving selfish old git ..... we believe you already. We know you have made a fortune from our misery and that you would like to finish off your job of trying to plumet Villa into free fall, but you could not even get that right so f* off and let a better man with some sort of commercial accumen take over so we can get on with recovering the mess you so carefully engineered you senial old git.
01/09/2006 14:37:00
i dont see how this story washes as they were also prepared to buy miner yesterday...i think its just a bit of trouble making from the media.
01/09/2006 14:37:00
What about Doug fronting some of the £20m he's just trousered ? Say, £10m towards new players - a thank you gift to Villa fans who've had to put up with the old lush all these years!
01/09/2006 14:41:00
He's right about the borrowing, however it's a short term fix. Lerner will invest shortly and any loss made this financial year will be cleared. Smoke your bothered pipe Ellis.
01/09/2006 14:42:00
well put!
01/09/2006 14:42:00
Don't worry boys! Transfer window is over, we have signed our no: 1 target, and only 3 days to go until the Ellis era is officially over.
01/09/2006 14:43:00
Like it or not, Ellis is still CEO and is still responsible, together with all the other "288" executive directors keeping the company solvent. However as CEO he has authorised the signing and therefore the club is probably insolvent. The bank overdraft must now be in excess of the £12 mill figure and is likely to be at least £15mill. In my opinion there is no way that Villa can pay the £6mill agreed for Petrov until Randy invests - and he won't do that untill he has his 75% shareholding by 4th September. So if Randy holds back Ellis either has to invest some of his own money or put the Club into liquidation. If the latter Lerner would buy the Club for a lot less than £64 mill. Randy sure is a sharp cookie!
01/09/2006 14:44:00
must admit, it does look like a paper whisper, although.......

That said, I think we'd all have settled for no more Doug, no more DOL, + MON and RL in, not to mention Petrov. Shame about Milner but hey ho, happy days!
The Fear
01/09/2006 14:51:00
I thought Ellis gave Martin O'Neil money to spend on players so if what it says is true that Ellis tried to stop the deal it means that Ellis never gave money to O'Neil after all or that he doesn't want O'Neil spending his money especially £8m
01/09/2006 15:13:00
Lerner's advisors were right to advise him not to put in his own cash until Ellis was out of the way. The Telegraph article indicated that Ellis implied that Lerner may pull out of the deal after the money was inversted in new players, me thinks it would more likely be the other way round! As Randy, by all accounts is an honourable man. The sooner Ellis has no influence at Villa Park the better. Right to the last he would seem to have been trying to do out club down.
01/09/2006 15:15:00
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