UK time is: 16:45:01
Vital Login
Social Login

Choose your club

Other Sites

Network Navigation

Vital Partners

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

Takeover Close To Collapse?

Both the Daily Mail and the Express are reporting that the Villa deal is close to collapse. Information appears to be sketchy at the moment, but with the process of 'due diligence' having been going on for nearly three months, despite claims from Doug that the deal would be announced 'within the next month' at the agm, it does appear that there is something seriously wrong with the potential bid.

Michael Neville who has fronted the approach said earlier this week that he was still 'upbeat' that the deal would go through, but had also warned that no bid had been made and there wouldn't necessarily be one.

As with everything at Villa, it has turned into a saga. What we need, one way or the other, is a resolution to this affair. Further to that, whilst the club is so conveniently in limbo, it wouldn't hurt for us to get better communication from both parties. Due diligence means they are looking at the books. Villa is not a large PLC and their books can't be that complicated. You either have the funds and see the potential of a business and so bid, or you look at the accounts, decide the proposal isn't for you and pull out.

It is clear that Ellis, despite his embarrassing protestations to Sky Reporter Jeff Shreeves this weekend that he could still beat him at tennis (so what we all cry?!), that he is now at the stage where he has to sell, we have no funds, can't even bring in a loan player because we already have two (and rules state a Premiership club can only have two loan players) and the club is simply drifting.

SO. Why don't they do what we have said they should do all along? Instruct a merchant bank or a business broker to actively seek new investment. If Portsmouth can attract Russian billionaires, why can't this great club seek the sort of investment needed to take this fantastic club forward?




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



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!

The Journalist

Writer: J P Fear Mail feedback, articles or suggestions

Date:Thursday January 5 2006

Time: 9:48AM

 

Have Your Say

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

Recent Aston Villa Articles

Lambert Speaks Following Contract Extension (Wednesday September 17 2014)

Paul Lambert Extends Villa Stay (Wednesday September 17 2014)

Robinson Loaned To Preston (Tuesday September 16 2014)

Hutton - I Want To Take This Opportunity (Tuesday September 16 2014)

Bombshell - Hutton Signs Three Year Deal (Tuesday September 16 2014)

Senderos In Team Of The Week Nod (Monday September 15 2014)

Benteke Returns To Full Training (Sunday September 14 2014)

Stats: Liverpool v Aston Villa (Saturday September 13 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. ClivetheVillan 483
2. Pride of Lions 468
3. The Fear 441
4. Villan Of The North 212
5. DeanoVilla 203
6. mike_field 199
7. kefkat 189
8. sirdennis 169
9. lewis1980 135
10. Juan Mourep 116

League Results (view all)

League Table (view table)

Team P W D L GD Pts
1. Chelsea 4 4 0 0 +9 12
2. Aston Villa 4 3 1 0 +3 10
3. Swansea 4 3 0 1 +3 9
4. Southampton 4 2 1 1 +5 7
5. Man City 4 2 1 1 +3 7
6. Spurs 4 2 1 1 +2 7
7. Arsenal 4 1 3 0 +1 6

Breaking League News

Collison Joins Championship Outfit!
West Ham : 18/09/2014 16:39:00
The cause of our defensive woes
Chelsea : 18/09/2014 16:37:00
Pardew in Stats
Newcastle : 18/09/2014 13:11:00
Whose spot is Left Back Now?
Chelsea : 18/09/2014 13:00:00
Costa - Saved for Manchester City!
Chelsea : 18/09/2014 12:59:00

Current Site Poll (view all polls)

Liverpool MotM
Suggested By:  A very happy MF
Guzan 6%
Senderos 34%
Cissokho 3%
Baker 40%
Hutton 2%
Delph 1%
Cleverley 1%
Westwood 4%
Agbonlahor 8%
Weimann 1%
Richardson 0%
Sub - N'Zogbia 0%
Sub - Sanchez 0%
Sub - Bent 0%