omariqy Posted July 16, 2015 Share Posted July 16, 2015 (edited) https://audioboom.com/boos/3376532-hodgsonhoward-jonnygould-with-the-avfc-latest?utm_source=twitterfeed&utm_medium=twitter A bit of insight into why the takeover may have failed from Howard Hodgson. Haven't said anything previously but Jonny Gould mentions it in this podcast so its out in the open. Howard was involved in one of the takeover bids as an advisor. It came close as far as I know. Edited July 16, 2015 by omariqy 1 Link to comment Share on other sites More sharing options...
useless Posted July 16, 2015 Share Posted July 16, 2015 Howard Hodgson seems like a good guy but I'm not sure if the potential new owners having him as an advisor reflects well on them. Link to comment Share on other sites More sharing options...
omariqy Posted July 16, 2015 Share Posted July 16, 2015 He's pretty well connected and the backers he got would've been great for this club. I mean massive. Link to comment Share on other sites More sharing options...
useless Posted July 16, 2015 Share Posted July 16, 2015 I thought you meant he was advising during the takeover process and once done he'd walk away. If they really would have been great for the club then it makes you wonder what went wrong, as I presume they've got the money. Until Randy comes out and says that the club is no longer for sale, then anything's possible I guess. Link to comment Share on other sites More sharing options...
Jarpie Posted July 16, 2015 Share Posted July 16, 2015 https://audioboom.com/boos/3376532-hodgsonhoward-jonnygould-with-the-avfc-latest?utm_source=twitterfeed&utm_medium=twitter A bit of insight into why the takeover may have failed from Howard Hodgson. Haven't said anything previously but Jonny Gould mentions it in this podcast so its out in the open. Howard was involved in one of the takeover bids as an advisor. It came close as far as I know. Just listening to it...I called it, the cause was the chinese stock market crash. Link to comment Share on other sites More sharing options...
useless Posted July 16, 2015 Share Posted July 16, 2015 Listening to it, Hodgson says that there were two in for the club and both deals have collapsed. But the Chinese bid still could still be resurrected and that talks are still going on, I guess it's unlikely though with what's happening in Beijing. Link to comment Share on other sites More sharing options...
Wainy316 Posted July 16, 2015 Share Posted July 16, 2015 I do wonder why a football club like Aston Villa seems so difficult to sell. Great infrastructure, facilities, tradition and potential. Link to comment Share on other sites More sharing options...
Jarpie Posted July 16, 2015 Share Posted July 16, 2015 I do wonder why a football club like Aston Villa seems so difficult to sell. Great infrastructure, facilities, tradition and potential. Well, according to Hodgson the deal collapsed due chinese stock market crash, not because of Villa. Link to comment Share on other sites More sharing options...
BOF Posted July 16, 2015 Moderator Share Posted July 16, 2015 I do wonder why a football club like Aston Villa seems so difficult to sell. Great infrastructure, facilities, tradition and potential. FFP. Simple as that. It doesn't matter how rich you are, you can't spend it the way you want to unless you go absolutely stratospheric like Man Citeh. But your common or garden billionaire can't do that. You are buying something that the system has all but guaranteed will remain where it is with little chance of success. 1 Link to comment Share on other sites More sharing options...
useless Posted July 16, 2015 Share Posted July 16, 2015 He's saying it's still ongoing but mentioned something about transferring the funds from mainland China to Europe might be a problem during the economic problems they're having. The other deal is apparently completely dead and that was the party who were further along in the process (according to Howard Hodgson) Link to comment Share on other sites More sharing options...
Morley_crosses_to_Withe Posted July 16, 2015 Share Posted July 16, 2015 During times of crisis, investors look for safe havens in which to put their money, so on one hand, a wealthy Chinese person investing in businesses/property in the UK makes sense. The problem is that we're a Premier League football club - a total money pit - so there's no surprise any interested party decided to pull the plug. The Chinese market lost around $4 trillion in value, and large investors were eventually prevented from selling their holdings. There's now a lack of liquidity and the whole thing is a mess. The last thing you'd want is a PL football club. Link to comment Share on other sites More sharing options...
omariqy Posted July 16, 2015 Share Posted July 16, 2015 One of the backers lost a few $bn in the crash. Link to comment Share on other sites More sharing options...
TrentVilla Posted July 16, 2015 Moderator Share Posted July 16, 2015 I do wonder why a football club like Aston Villa seems so difficult to sell. Great infrastructure, facilities, tradition and potential. FFP. Simple as that. It doesn't matter how rich you are, you can't spend it the way you want to unless you go absolutely stratospheric like Man Citeh. But your common or garden billionaire can't do that. You are buying something that the system has all but guaranteed will remain where it is with little chance of success. All absolutely correct but i'm not sure that explains why nobody has bought us because that explanation assumes that anyone buying the club would be doing so in pursuit of footballing success. These days I'm not so sure that that is always likely to be the objective of someone trying to buy a club. Sure, without a single shred of doubt that is why Hodgson wants to buy the club but I don't its why those backing him were interested. Football club owners these days, particualrly from overseas are in it for the money, either through the turnover of the club or through the exposure of their products to UK markets or the exposure of their football team to their domestic markets. So on that level, Villa appear to be a very attractive proposition even if we aren't likely to ever compete for the league again. It is even more amazing when you consider the asking price is £150 and just two of our assets in Delph and Benteke could perhaps be sold for circa £40m if they so wished. Forget the football, there is a very profitable business opportunity at Villa Park especially with the new TV deal and in Fox we finally have someone commercially savvy enough to make the most of the potential. That Lerner has failed so badly on this front these last few years shouldn't mask that. Even Lerner when he arrived here had ideas of making money and a ten year plan to do it, it was just a crap one and he had Paul Faulkner executing it. 1 Link to comment Share on other sites More sharing options...
BOF Posted July 16, 2015 Moderator Share Posted July 16, 2015 One of the backers lost a few $bn in the crash. If that's true then that's just our bloody luck. Link to comment Share on other sites More sharing options...
Demitri_C Posted July 16, 2015 Share Posted July 16, 2015 One of the backers lost a few $bn in the crash. If that's true then that's just our bloody luck. Better it happened now then instead of when they purchased us 2 Link to comment Share on other sites More sharing options...
Jareth Posted July 16, 2015 Share Posted July 16, 2015 Well if it's just a case of the Chinese stock market recovering then it's a matter of time until we bought. If HH is of course not embelishing his story a little, for some media attention. No, he wouldn't do that. 1 Link to comment Share on other sites More sharing options...
useless Posted July 16, 2015 Share Posted July 16, 2015 I think Dalian Wanda were said to have lost about 7 Billion from their valuation. So I'm presuming that the owner lost quite a bit from his personal wealth too. Maybe if the stock market over there makes a quick recovery something might happen, but I'm not sure how these things work to be honest. Link to comment Share on other sites More sharing options...
Morley_crosses_to_Withe Posted July 16, 2015 Share Posted July 16, 2015 I do wonder why a football club like Aston Villa seems so difficult to sell. Great infrastructure, facilities, tradition and potential. FFP. Simple as that. It doesn't matter how rich you are, you can't spend it the way you want to unless you go absolutely stratospheric like Man Citeh. But your common or garden billionaire can't do that. You are buying something that the system has all but guaranteed will remain where it is with little chance of success. All absolutely correct but i'm not sure that explains why nobody has bought us because that explanation assumes that anyone buying the club would be doing so in pursuit of footballing success. These days I'm not so sure that that is always likely to be the objective of someone trying to buy a club. Sure, without a single shred of doubt that is why Hodgson wants to buy the club but I don't its why those backing him were interested. Football club owners these days, particualrly from overseas are in it for the money, either through the turnover of the club or through the exposure of their products to UK markets or the exposure of their football team to their domestic markets. So on that level, Villa appear to be a very attractive proposition even if we aren't likely to ever compete for the league again. It is even more amazing when you consider the asking price is £150 and just two of our assets in Delph and Benteke could perhaps be sold for circa £40m if they so wished. Forget the football, there is a very profitable business opportunity at Villa Park especially with the new TV deal and in Fox we finally have someone commercially savvy enough to make the most of the potential. That Lerner has failed so badly on this front these last few years shouldn't mask that. Even Lerner when he arrived here had ideas of making money and a ten year plan to do it, it was just a crap one and he had Paul Faulkner executing it. Profitable if you have other businesses to promote, but in terms of profit taking (i.e. extracting it out of the club) then there's much better places you could put your money. Link to comment Share on other sites More sharing options...
useless Posted July 16, 2015 Share Posted July 16, 2015 So is the Chinese stock market going to recover anytime soon, say within the next six months, or will it take years? Link to comment Share on other sites More sharing options...
omariqy Posted July 16, 2015 Share Posted July 16, 2015 It bounced back a bit already but not enough 1 Link to comment Share on other sites More sharing options...
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