Vital Football

Latest Aston Villa News

Status Quo Rule At Villa!

Status Quo Rule At Villa!

Well, I'd expected an announcement to the City this week, but I didn't realise it would be this type! It is basically a 'holding' announcement to announce nothing.

The consortium headed by Michael Neville and backed mainly - but not exclusively I understand - by the Comer Homes group, have formed a company called Aston Villa Investments Limited (Avil). I believe Doug has one called Ellis Vanity Isn't Limited (Evil), although I could be wrong!

The announcement says that talks are ongoing and that due diligence is still in place. However, despite claims by Doug Ellis at the AGM that the deal should be sorted within a month, it looks they are no closer to actually deciding whether to actually bid at all.

The statement to the Stock Exchange read:

'Discussions are ongoing with Aston Villa PLC's advisors. Due diligence is progressing and Avil is focused on settling its financing arrangements. Avil also wishes to make it clear that it is committed to concluding a transaction on terms acceptable to the major shareholders of Aston Villa and to enable the club to prosper in the future.'

Adding, most worryingly:

'For the avoidance of doubt there can be no certainty that an offer will be made nor as to the terms on which an offer might be made nor as to the timing of any offer.'

So, what does that mean for the club? Limbo unfortunately. The status quo with Ellis in charge remains, the fact we have no Financial Director or Chief Executive will continue and the lack of funds for the manager to spend on some desperately needed re-enforcements, especially in defence, will remain non-forthcoming. In actual fact, Doug Ellis has the perfect excuse to let the club drift without much criticism.

And who cops out the most? The fans and shareholders. Oh, and the rumour mill will be able to keep ticking along with people suggesting the Avil Group aren't the only ones looking.

Still, at least it isn't an announcement saying that they have withdrawn their interest.

Interesting times? Maybe. Or in other words? Status Quo rules at Villa. Happy New Year! Why not join in our latest poll asking if you think the takeover will ever happen.



Register on this site via the drop down menu and leave feedback to this story below or click here to join in the debates on the forum.

Go on, get vitalled!

Writer:J P Fear
Date:Friday December 30 2005
Time: 1:40PM

Comments

0
Status Quo are playing at Villa Park!!!! How do I get tickets? :) :)
Villain Of The North
30/12/2005 22:52:00
0
Status Quo are playing at Villa Park!!!! How do I get tickets? :) :)
Villain Of The North
30/12/2005 22:52:00
Page 1/1
  1. 1

Login to post a comment

Best of Vital Network

Vital Boxing - Bellew Lets Rip at Haye

Recent Aston Villa Articles

The Villa Times - 27/02/2017 (Aston Villa News Round-up)

The latest Aston Villa news and views from the uno fish ial one..

Vital Villa Man Of The Match v Newcastle/Derby County

Man of the match results for Newcastle and Derby games.

Three Match Ban For Bacuna

The Football Association have today confirmed that Leandro Bacuna will serve a three match ban following his childish 'bump' with the assistant referee...

Aston Villa's 2015/16 Accounts

That time of the year again and for people who enjoy it, time to look at Aston Villa's accounts for last season.

Archived Vital Villa Articles

Vital Villa articles from

Site Journalists

J P Fear
Editor email
Profile
Mike Field
Editor email
Profile
Steve Wade
no email
Profile
Villa_Grizzly
no email
Profile
Turkish Penguin
no email
Profile
Glensider
no email
Profile
Chris Heath
no email
Profile
M Calucar
no email
Profile
JuanPablo Angel
no email
Profile

Current Poll (see more polls)

Aston Villa v Bristol City will:
Suggested By: Mystic Mug
Win68%
Lose16%
Draw16%
ScoopDragon Publishing Entire League Network of Sites

League Table

# Team P W D L Pts. GD
1 Brighton 33 21 8 4 71 31
2 Newcastle 33 22 4 7 70 37
3 Huddersfield 33 20 5 8 65 8
4 Leeds Utd 34 19 4 11 61 12
5 Reading 34 18 6 10 60 2
6 Sheff Wed 34 17 7 10 58 9
7 Fulham 33 14 11 8 53 17
8 Norwich 34 15 7 12 52 11
9 Preston 34 14 10 10 52 5
10 Barnsley 34 14 8 12 50 4
11 Derby County 33 13 9 11 48 6
12 Cardiff 34 13 7 14 46 -2
13 Brentford 33 12 7 14 43 2
14 Birmingham 34 11 10 13 43 -13
15 Ipswich 34 10 12 12 42 -7
16 Q.P.R. 34 11 7 16 40 -11
17 Aston Villa 33 9 12 12 39 -7
18 Forest 34 10 7 17 37 -12
19 Burton 34 9 9 16 36 -13
20 Wolves 32 9 8 15 35 -5
21 Bristol City 33 9 6 18 33 -6
22 Wigan 34 7 10 17 31 -10
23 Blackburn 32 7 9 16 30 -13
24 Rotherham 34 4 5 25 17 -45
The Vital Football Members League
Latest F1 News
Alonso held talks with Mercedes
Latest Vital Boxing News
WBC Want Wilder v Stiverne II
Vital Football Comment

Recent Aston Villa Results (view all)

Aston Villa Fixtures (view all)

Feb 28 2017 7:45PM : Bristol City (H)
Sky Bet Championship
Mar 4 2017 3:00PM : Rotherham United (a)
Sky Bet Championship
Mar 7 2017 7:45PM : Huddersfield Town (a)
Sky Bet Championship
Mar 11 2017 3:00PM : Sheffield Wednesday (H)
Sky Bet Championship
Mar 18 2017 3:00PM : Wigan Athletic (a)
Sky Bet Championship
Apr 1 2017 3:00PM : Norwich City (H)
Sky Bet Championship

Vital Members League Table

RankNamePoints
1.The Fear473
2.JuanPabloAngel408
3.sirdennis383
4.Silhillvilla257
5.Fulford230
6.Melon Donkey223
7.villasince67205
8.Villan57171
9.McParlandTheGreat162
10.kefkat158
Write for Vital Football