Gringo

We all know how he's behaved during his tenure at Villa. Does anyone really believe he's gonna wanna walk away now? He's just pulled off the one of the biggest football coups of the decade!

a) has to put all bids to the shareholders

has to accept the one, should be there be one, which takes the club forwards and meets the criteria laid down - such a bid HAS to be recommended to the shareholders for acceptance

Dispute this as you know. No one can force someone to sell something they own. It is not fact. You are adding together the regulatory requirements, the rothschild fees and fiduciary duties. The comments from padfield show that ellis is trying to frame the sale in a way that suits him.

Yes he's under pressure, yes he will lose this time, but he is not bound by stockmarket rules into selling to anyone of the bidders.

Maybe he was making the toast at cuddly's imaginary meetings.

If Ellis screws this up he will be crucified.

crucified? why? he brought us Oneill.... :roll:

Eh?

The paperwork may take a little longer, but control needs to be passed over and must be seen to be passed over.

If Ellis screws this up he will be crucified.

He left his cheque book at home and has sent his chauffeur to go and pick it up.

like the cut of your jib b23, I think/hope/pray that time maybe near.

ITs not the fact that he was refused entry. If they asked for press badges and he didn't have one, that's fair enough.

It's the fact that Phil Mepham put his name on a list of people who were not to be allowed in.

Anyway, doesn't matter.

He may now be the favourite 82 year old of a few people now (fickle?) but he'll be off now.

Hoorah.

The only thing that surprises me is that someone thought far enough ahead to do that.

Put it this way, by the end of september either cuddly or MON will have gone. One way or another.

You get busy for a couple of days and the site goes ballistic. 40 pages in two days? Something must have happened?

THis board will go into Meltdown if Ellis says he is staying and Souness is the new manager!

I predict a riot.

lol at Jez ^^

Maybe Lerner isnt putting his own money in, but has the backing of the dubai people. So he sends some guys to Dubai for instructions, who then fly into brum...... :roll:

Perhaps Mr Lerner has a few business interests in that area and it's easier to fly some of these people in.

If this delays MONs appointment i will not be pleased

Same here.

The most imporatnt thing at the moment is to get O'Neill on board.

I hope Ellis isn't just trying to avoid selling or playing bids off each other again.

The most important thing for a long, long time has been the removal of Ellis.

Would Lerner himself be chairman? If not any idea who it may be?

Well I've sent him my CV. Told him I was willing to do it for the same wages as the previous chairman and would work just as hard.

But doesn't it take a while to complete the whole takeover process, like with Sunderland? The ManU and Chelsea takeovers also took a number of weeks I remember. Why would the Villa takeover be any quicker?

Because with Villa, you can get nearly 60% of the shareholders in one very small room and get them to do the deal there and then. Once you have over 50% you have control and can do what you want. Yes you have to extend the offer to all the other shareholders and that can take a few weeks, months even if they have to commence a discovery process for the 'missing' shareholders.

i r o n y

Well doug has spent more than a £100m over the last few years - I'm sure he's mentioned it once or twice - and look where that got us. Money isn't the answer obviously.

shares still climbing at 52.5p, a massive 77p up in two days, 20%.

For someone who is shit with shares is that a good increase in terms of taking over etc?

It just reflects the sentiments of the market.

If a bid is going to be succesful it will be at a price above 550p, so people buying now at 450 are gambling that a takeover will go through.

Volumes are way too small for there to be an active buyer in the market sweeping up the shares.

As the arch sniper is obviously touchy with regards to people pointing out his track record, I pledge £10 to VT if the share price touches 450p at anytime between now and xmas day.

£10 gladly paid. Blind squirrels etc.....

Thats what markets are good for, speculation. More likely supported by the stories in this morning's papers than any insider knowledge.

Do you think that new owners would want thier own choice of manager?

Don't think petchey's that interested in the football side of things.

He admitted it was his fault as he had been down this road many times before only to find out Herber had been running around turning the lights of again.

Round and round again.

If the offer for the land has been on the table for over a year, then there is no need to complete sale for any buyer to see the true value and with an option to realise true value if that's where he wants to go. Now AVFC are committed to the deal and the cash don't come til xmas, so the o/draft is still there.

Sacking the manager just increased the overdraft. I can think of quite a few clubs where a new owner has removed the manager on arrival. Struggling to think of any where the departing owner has sacked the manager on the way out. Not the action of someone selling.

And the bid speculation. No sign of a serious bidder. By serious I mean aggressive, hostile. Any hostile takeover in the history of time (minor exaggeration) has involved stakebuilding by the aggressive party well in advance of making their intentions known. That's why the have rules on declaration of intentions at certain shareholding levels. So if no hostile bidder, then we have another AVIL inspired stalking horse. Will they cough up £65m and guarantee £20m per annum investment. This one should run til November time.

You CAN fool all of the people most of the time.

anyone think this is serious?

PP, I think we are still of like minds on this one. It's all a distraction.