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Still, at least it isn't an announcement saying that they have withdrawn their interest.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

Recent Aston Villa Articles

Garde - I Have To Be Backed

With fans already saying few would blame him if Remi Garde downed tools and raised two fingers to the board following their lack of January exploits...

Remi Garde - Back Me Or See The Back Of Me

Remi says he'd be willing to stay at Aston Villa next season if we go down but only if the club give him the resources necessary to come back up.

Garde Talks Up The Defence

Manager Remi Garde has done his normal midweek piece and in this edition he talks about the 'massive solidarity' amongst our back four.

Premier League Rebrands Ready For Villa Departure

The Premier League have today confirmed that they are rebranding from the 2016-17 season and inevitably the Lion goes.

Archived Vital Villa Articles

Vital Villa articles from

Site Journalists

J P Fear
Profile
Mike Field
Profile
Steve Wade
Profile
Villa_Grizzly
Profile
Turkish Penguin
Profile
Glensider
Profile
Chris Heath
Profile
M Calucar
Profile
JuanPablo Angel
Profile

Current Poll (see more polls)

Norwich MotM
Suggested By: Site Staff
Bunn5%
Richards1%
Okore11%
Lescott9%
Cissokho0%
Bacuna0%
Gana33%
Westwood1%
Gil7%
Agbonlahor25%
Veretout7%
Sub - Clark1%
ScoopDragon Premier League Network Sites

League Table

# Team P W D L Pts. GD
1 Leicester City 25 15 8 2 53 20
2 Spurs 25 13 9 3 48 26
3 Arsenal 25 14 6 5 48 17
4 Man City 25 14 5 6 47 21
5 Man Utd 25 11 8 6 41 10
6 West Ham 25 10 9 6 39 9
7 Southampton 25 10 7 8 37 9
8 Everton 25 8 11 6 35 12
9 Liverpool 25 9 8 8 35 -4
10 Watford 25 9 6 10 33 0
11 Stoke 25 9 6 10 33 -7
12 Crystal Palace 25 9 5 11 32 -4
13 Chelsea 25 7 9 9 30 -2
14 WBA 25 7 8 10 29 -9
15 AFC Bournemouth 25 7 7 11 28 -12
16 Swansea 25 6 9 10 27 -9
17 Newcastle 25 6 6 13 24 -18
18 Norwich 25 6 5 14 23 -20
19 Sunderland 25 5 5 15 20 -19
20 Aston Villa 25 3 7 15 16 -20
Vital Football Comment
Latest F1 News
Who will be Channel 4's lead presenter?
Latest Vital Boxing News
AUDIO: Hearn: Joshua's next fight will be big
Write for Vital Football

Aston Villa Fixtures (view all)

Feb 14 2016 2:05PM : Liverpool (H)
Barclays Premier League
Feb 27 2016 3:00PM : Stoke City (a)
Barclays Premier League
Mar 1 2016 7:45PM : Everton (H)
Barclays Premier League
Mar 5 2016 3:00PM : Manchester City (a)
Barclays Premier League
Mar 12 2016 3:00PM : Tottenham Hotspur (H)
Barclays Premier League
Mar 19 2016 5:30PM : Swansea City (a)
Barclays Premier League

Recent Aston Villa Results (view all)

Vital Members League Table

RankNamePoints
1.Pride of Lions478
2.The Fear271
3.ClivetheVillan240
4.Fulford237
5.JuanPabloAngel168
6.sirdennis163
7.revdpete156
8.DeanoVilla129
9.Wurzel113
10.He'sBiggerThanMe&You89
The Vital Football Members League