UK time is: 05:07:10
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 Articles

Villa Confirm Suspensions (Tuesday April 15 2014)

Culverhouse and Karsa Suspended (Tuesday April 15 2014)

U21s Lose To Chelsea (Monday April 14 2014)

Grizzly: Palace away (Sunday April 13 2014)

Archived 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. Pride of Lions 798
2. The Fear 678
3. ClivetheVillan 262
4. Barney2004 245
5. Villan57 214
6. sirdennis 182
7. Villan Of The North 181
8. tarzan 172
9. Sussex Villan 165
10. BlackCountry Villa 164

League Results (view all)

League Table (view table)

Team P W D L GD Pts
11. Crystal Palace 34 12 4 18 -14 40
12. West Ham 34 10 7 17 -9 37
13. Hull City 33 10 6 17 -6 36
14. Aston Villa 33 9 7 17 -14 34
15. Swansea 34 8 9 17 -5 33
16. WBA 33 6 15 12 -11 33
17. Norwich 34 8 8 18 -27 32

Breaking League News

The NUFC Gospel According To Tyler
Newcastle : 16/04/2014 23:36:00
Sunderland Halt Citeh's Charge
Sunderland : 16/04/2014 23:24:00
Crystal Palace : 16/04/2014 22:18:00
Sunderland : 16/04/2014 22:17:00
Liverpool: Manchester City Drop Points!
Liverpool : 16/04/2014 22:14:00
Velikonja Excited By Cardiff Future
Cardiff : 16/04/2014 21:59:00
Man City : 16/04/2014 21:56:00

Current Site Poll (view all polls)

How many more points will we get this season?
Suggested By:  villa2stoke1
0 34%
1 15%
2 10%
3 13%
4 14%
5 3%
5-10 8%
11+ (in your dreams) 3%