UK time is: 09:55:20
Vital Login
Social Login

Choose your club

Other Sites

Network Navigation

Vital Partners

'If It's Football, It's Vital'

Villa Takeover Imminent?

Well, the talk of the supposed takeover of Aston Villa has certainly gone quiet recently. The announcement was made to the City before Aston Villa's Annual General meeting back in October (14th) where Solihull born Villa fan Michael Neville was said to have made an enquiry on behalf of a consortium led by the Comer Homes owners, brothers Luke and Brian Comer.

Aston Villa Plc, said in the statement at the time, that its board has not met with any other members of the consortium group, nor received any confirmation of the availability of sufficient funding to support any potential offer. So the board can treat the approach as speculative at this stage.

Reports suggested both Doug Ellis and the second largest shareholder Jack Petchey had agreed to sell their combined 58% stake in Aston Villa for around 5.60 per share.

Since then, apart from stories suggesting the Comer bid would result in Villa being 'asset stripped' which led to a statement from Michael Neville denying any takeover he had been involved in had ever been done to asset strip a company, all has been quiet.

However, in the last week I've been told twice that there is a takeover about to happen and unless Doug changes his mind and goes against advice, it is a 'done deal'. I was also contacted yesterday and told there are 'Rampant rumours in Ireland that its done and dusted as of last Friday...and I mean RAMPANT.'

I can't vouch for any of this, but surely - if the interest was going to be withdrawn - it would have been announced to the City by now and the club would have been able to go back to business as usual? At the moment Aston Villa are in virtual limbo, so lets hope, one way or the other, this proposal is brought to a conclusion. Lets double hope that any deal done is in the best interest of Aston Villa, not just the interests of the major shareholders, and that the platform that is already in place is built upon.




Use your social login to comment on front page articles. Login using you Facebook, Twitter, Google or LinkedIn accounts and have your say!

The Journalist

Writer: J P Fear Mail feedback, articles or suggestions

Date:Tuesday December 6 2005

Time: 1:00PM

Your Comments

I also understand that a press conference is either scheduled, or will be announced, next Monday.
Stevew
I also understand that a press conference is either scheduled, or will be announced, next Monday.
Stevew
 

Have Your Say

Log in...
with your social network     OR     with your Vital account

Recent Aston Villa Articles

Lambert Out? Or Go Again? (Wednesday October 29 2014)

U21s Gain Wolves Victory (Wednesday October 29 2014)

Lambert Out Petition (Tuesday October 28 2014)

Four Seniors Turn Out For Sid (Tuesday October 28 2014)

The Wagons Start To Circle Villa (Tuesday October 28 2014)

Lambert Post QPR Reaction - Shocking! (Tuesday October 28 2014)

Stats: QPR v Aston Villa (Monday October 27 2014)

Villa U21s In Pirelli Agreement (Monday October 27 2014)

Archived Aston Villa Articles

List All Vital Villa Articles
Have your say
Click here to suggest an article
Click here to suggest a poll

Vital Members League (view all)

1. The Fear 910
2. Pride of Lions 862
3. ClivetheVillan 787
4. thefacehead 517
5. sirdennis 297
6. HeathfieldRoad1874 279
7. kefkat 275
8. DeanoVilla 202
9. Freeman14 197
10. Villan Of The North 191

League Results (view all)

League Table (view table)

Team P W D L GD Pts
12. Stoke 9 3 2 4 -2 11
13. WBA 9 2 4 3 -1 10
14. Newcastle 9 2 4 3 -5 10
15. Aston Villa 9 3 1 5 -10 10
16. Crystal Palace 9 2 3 4 -3 9
17. Leicester City 9 2 3 4 -4 9
18. Sunderland 9 1 5 3 -9 8

Breaking League News

So How Did You Vote?
Chelsea : 31/10/2014 09:42:00
Name the Starting XI - QPR (h)
Chelsea : 31/10/2014 06:25:00
Swansea Hopeful Sigurdsson & Ki Will Return
Swansea : 30/10/2014 20:52:00
Swansea City Have Fernandez Red Card Rescinded
Swansea : 30/10/2014 20:44:00
Irvine Expecting Tough Leicester Encounter
WBA : 30/10/2014 17:12:00

Current Site Poll (view all polls)

Villa v Spurs (home) will:
Suggested By:  Mystic Mug
Win 1%
Lose 90%
Draw 9%