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The 2016 Takeover Thread


Sam3773

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Apparently he's paying the whole thing in one go. I'm not sure if that is usual or unusual but I'm hearing lots of people mentioning this as a big deal, it's why the whole thing has gone from "it'll be done by the weekend" to "it'll be done in an hour from now".

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7 minutes ago, dn1982 said:

When have we ever been owned by the fans? Ellis became a fan over time 

I said that's what it felt like. Did Ellis ever actually "own" the club outright? It's just that in the 60s and 70s you never heard the word "owner", just "chairman".

Edited by mjmooney
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The deal to sell Aston Villa to a Chinese consortium has been rubber-stamped, according to sources.

The new Villa chairman will be Dr Tony Jiantong Xia after a takeover by the Rui Kang Group.

It is thought the deal values the club at about £60 million – roughly the same as Randy Lerner paid for it in 2007.

A source told us: "Steve Hollis has put in a tremendous amount of work into this.

"Having had four options to consider, this is the one he focused on."

It comes after reports coming out of China it had been agreed subject to Premier League and FA approval.

The report stated: “Dr Xia will become chairman of Aston Villa and looks forward to the club returning to the Premier League as well the pinnacle of Euro Football as soon as possible.”

http://www.birminghammail.co.uk/sport/football/football-news/aston-villa-takeover-chinese-businessman-11353422

P.S Nobody gives a shit what you think the owner's should do Greg. Pleb.

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2 minutes ago, mwj said:

Poor Doug, sounds like he's starting to feel his age. Bless him though, speaks with a lot of emotion about the club.

o m s 

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GUYS - I KNOW THIS IS FAST MOVING, BUT PLEASE REMEMBER TO PROVIDE A QUOTE AND A LINK WHEN REFERENCING AN EXTERNAL SITE.  FAILURE TO DO SO WILL RESULT IN A WARNING AS IT PUTS VT AT RISK OF LEGAL ACTION.

WE'RE HANDING OUT WARNINGS ALL OVER THE SHOP HERE, AND IT'S STOPPING US FROM READING THE LATEST NEWS WITH YOU!

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http://www.avfc.co.uk/page/NewsDetail/0,,10265~5580369,00.html

 

Aston Villa Football Club is pleased to announce that an agreement has been signed today for the sale of 100% ownership by Randy Lerner to Recon Group owned by Dr Tony Jiantong Xia subject to the approval of the Premier League and the Football League. Once those approvals have been granted and the new board members approved under the fit & proper rules of both leagues, Dr Xia will become Chairman of Aston Villa. The Club will announce the appointment of a new manager shortly.

Randy Lerner has sought the right new owner for Aston Villa who would take great care of the Club and restore its fortunes. He believes that Tony Xia is an excellent choice.

Recon Group is Dr Xia's privately owned holding company that owns the controlling interest in five publicly listed companies on the Hong Kong and Chinese stock exchanges and many other private companies employing 35,000 people in 75 countries.

Dr Xia played football as a striker until he finished at college and football has remained his passion. Dr Xia decided to buy an iconic football Club in England as the cornerstone of his Sports, Leisure and Tourism Division. He became a fan of Aston Villa many years ago and is delighted at the opportunity to become the new owner.

Dr Xia's immediate objective is to return Aston Villa to the Premier League and then to have the Club finish in the top six, bringing European football back to Villa Park. He plans to make Aston Villa the most famous football Club in China with a huge fan base.

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