wilsonrx

Of course its bollocks, if they don't have the money then why would they have spent 3 months going through this process? Why bid more money than you have? Until either Doug or Neville come out and say something themselves, then you can't believe what you read.

No not yet. If I understand all this correctly, the takeover is progressing in a normal way, but has not been completed yet.

I think all that this means is that an offer has been made. This is old news isn't it?

According to www.londonstockexchange.com we are still under a bid situation. I don't think anything has changed. Small amounts of shares are still changing hands as normal.

I can't find this story anywhere.

Yeah this smacks of negative journo bias again. The only things you can believe are actual quotes.

It seems to be saying "Avil" are looking over Villa's accounts whilst simultaneously confirming that they have the money in place to do the takeover. Avil are committed to the best interests of the club but the takeover is by no means guaranteed at this stage. It is pretty much what you would expect.

But atleast he might try!

I am going to get absolutely wasted tonight! This is great great news.

Give him enough money for a CD, then give him until the summer. One last chance for DOL I reckon.

From Sky Sports: Aston Villa are looking increasingly likely to start the New Year under new ownership. Businessman Michael Neville is leading an Irish consortium looking to complete a £64.4 million takeover of the Villa boardroom, currently headed by chairman Doug Ellis (pictured), and he believes that a deal should be in place by the beginning of January. "The deal will not be completed before Christmas but there is a possibility it could be completed by the New Year," he told the Birmingham Mail. "It has taken longer than we thought because of the complexities of due diligence. "But Mr Ellis has been most charming and most accommodating and things are progressing well. "Everything is very cordial and on track. I have got no view of anything which would hinder this deal." Should the bid go through, it would signal the end of Ellis's 23-year reign at Villa Park, and fans hope that it will herald fresh investment in the club. "It is very difficult to replicate the pockets of Mr Abramovich," Neville continued. "But I think we will get this transaction completed. "Villa are a big club with a big stadium. I am a bit distraught that they are where they are - I just wish that they were at the top of the table."

Is it really happening then? Feck me, this is the best crimbo present ever! Pass me the mulled wine!