Writer: J P Fear
Date:Thursday January 5 2006
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?
Register on this site via the drop down menu and leave feedback to this story below or to join in the debates on the forum.
Go on, get vitalled!
Date:Thursday January 5 2006
Lambert Confirms What You All Thought About Me (Thursday April 24 2014)
The 'Not The Villa Times' News 24/4/14 (Thursday April 24 2014)
Pre Swansea Injury News + U21 Update (Thursday April 24 2014)
Vital Villa Man Of Match v Southampton (Wednesday April 23 2014)
Sylla - Not As Dramatic As He Sounds (Wednesday April 23 2014)
Robinson Looking For More (Monday April 21 2014)
Villa Fans Praised - By A Villa Fan! (Monday April 21 2014)
Dear Randy...A Fans Retort (Sunday April 20 2014)
Club Statement From Randy Lerner (Sunday April 20 2014)
Randy A Willing Seller - But No Deals Done (Sunday April 20 2014)
|1.||Pride of Lions||1128|
|5.||Villan Of The North||290|
|Crystal Palace||1||-||0||Aston Villa|
|Man Utd||4||-||1||Aston Villa|
|12. West Ham||35||10||7||18||-10||37|
|14. Hull City||34||10||6||18||-9||36|
|15. Aston Villa||34||9||8||17||-14||35|
|The Eagles vs The Citizens
» Man City : 25/04/2014 08:30:00
|Whittaker: There's Been A Big Change
» Norwich : 25/04/2014 08:10:00
|Terry Set to Play!
» Chelsea : 25/04/2014 07:26:00
|Ramires Get 4 Game Ban!
» Chelsea : 25/04/2014 07:25:00
|Courtois - SOS Call!
» Chelsea : 25/04/2014 07:24:00
|Michu Set To Miss Aston Villa Game
» Swansea : 24/04/2014 22:58:00
|Mel Not Phased By The Pressure
» WBA : 24/04/2014 21:16:00