DaveAV1 Posted July 28, 2018 Share Posted July 28, 2018 11 hours ago, terrytini said: Ah yes but he is the final piece in the jigsaw don’t you know ? He doesn’t even look like Peter Withe. 1 Link to comment Share on other sites More sharing options...
ender4 Posted July 28, 2018 Share Posted July 28, 2018 (edited) 13 hours ago, AntrimBlack said: And Xia,as I recall, had a pre-agreed arrangement with Lerner for further monies to go to Lerner depending on promotions etc. Lerner would get an extra £30 million if we got promoted within 3 seasons. So if we get promoted this season, will Sawiris and Edens still need to pay Lerner? or is that deal dead with the sale from Xia to Sawiris? Edited July 28, 2018 by ender4 Link to comment Share on other sites More sharing options...
DaveAV1 Posted July 28, 2018 Share Posted July 28, 2018 4 minutes ago, ender4 said: Lerner would get an extra £30 million if we got promoted within 3 seasons. So if we get promoted this season, will Sawiris and Edens still need to pay Lerner? or is that deal dead with the sale from Xia to Sawiris? I thought it was £20 million and two seasons. 2 Link to comment Share on other sites More sharing options...
Made In Aston Posted July 28, 2018 Share Posted July 28, 2018 7 minutes ago, ender4 said: Lerner would get an extra £30 million if we got promoted within 3 seasons. So if we get promoted this season, will Sawiris and Edens still need to pay Lerner? or is that deal dead with the sale from Xia to Sawiris Probably as I would imagine that it is a contractual liability for the club rather then the owner. Xia would have agreed to it as an authorised representative of AVFC. I vaguely remember Xia saying something about it being a sliding scale over 3 seasons. Lerner would get less the longer it took us to get promoted. Would be about 10m if we got promoted this year. Link to comment Share on other sites More sharing options...
NeilS Posted July 28, 2018 Share Posted July 28, 2018 6 minutes ago, DaveAV1 said: I thought it was £20 million and two seasons. I thought two years as well, not sure on the amount though. Link to comment Share on other sites More sharing options...
sidcow Posted July 28, 2018 VT Supporter Share Posted July 28, 2018 14 minutes ago, ender4 said: Lerner would get an extra £30 million if we got promoted within 3 seasons. So if we get promoted this season, will Sawiris and Edens still need to pay Lerner? or is that deal dead with the sale from Xia to Sawiris? It was definitely £20m and it was definitely 2 seasons. Randy Lerner has left the building. 1 1 Link to comment Share on other sites More sharing options...
NeilS Posted July 28, 2018 Share Posted July 28, 2018 Looks like it was three seasons according to this Lerner will earn a £30m bonus if Villa return to the Premier League within three years and another £10m if they stay there for another three years after promotion. Link to comment Share on other sites More sharing options...
Hughes Posted July 28, 2018 Share Posted July 28, 2018 On 27/07/2018 at 21:28, sidcow said: He owns 45% of the issued share capital. He will always own 45% of the company. However the other 2 can buy those shares off him for whatever he is willing to sell them for. He can sell them for £1 or £1bn if they offer it. I suspect however the price is pre agreed and written into the deal. Sorry but not correct. If the new owners invest 100 mill in new equity (and not new debt), they will receive new shares and Xia will not (as he is not investing). This leads to a dilution of Xia and hence a reduction of his ownership stake (i.e. it becomes significantly lower than the current 45%). 4 Link to comment Share on other sites More sharing options...
Avfc96 Posted July 28, 2018 Share Posted July 28, 2018 The sooner this gets moved to OT the better. Xia mortgaged everything we owned and banked on gaining promotion, it didn't happen and we were in the shit. End. 1 Link to comment Share on other sites More sharing options...
sidcow Posted July 28, 2018 VT Supporter Share Posted July 28, 2018 1 hour ago, Hughes said: Sorry but not correct. If the new owners invest 100 mill in new equity (and not new debt), they will receive new shares and Xia will not (as he is not investing). This leads to a dilution of Xia and hence a reduction of his ownership stake (i.e. it becomes significantly lower than the current 45%). I don't think the original query related to new share capital being issued. I think it related to injecting cash through nefarious means. That's the way I read it anyway. Link to comment Share on other sites More sharing options...
DaveAV1 Posted July 29, 2018 Share Posted July 29, 2018 8 hours ago, Hughes said: dilution of Xia This part I particularly like......... Link to comment Share on other sites More sharing options...
Popular Post 7392craig Posted July 30, 2018 Popular Post Share Posted July 30, 2018 On 19/05/2016 at 10:11, ramshackler said: This is Carson Yeung mark 2 for me. He owns 5 controlling stakes in the HKSE? - but where is any disclosure or interest reports with him or RECON? He has just bought an internationally known football club, something had to be disclosed. Employs 35000 people, yet not even a tidbit of information about him anywhere online in 2016. This is apparently a young genius who specialises in technology and investment, yet has no recognisable brand anywhere? Again simply not possible. I'd love to be positive, I hope it all goes well but I'm not naive. There is more than meets the eye to this one Ramshackler ITK??? 10 Link to comment Share on other sites More sharing options...
ramshackler Posted July 30, 2018 Share Posted July 30, 2018 9 hours ago, 7392craig said: Ramshackler ITK??? Haha, nah not ITK, I'd forgotten all about this but yeah when you look back it was fairly obvious wasn't it?! Link to comment Share on other sites More sharing options...
7392craig Posted July 30, 2018 Share Posted July 30, 2018 18 minutes ago, ramshackler said: Haha, nah not ITK, I'd forgotten all about this but yeah when you look back it was fairly obvious wasn't it?! I made a similar comment around the same time myself, about him maybe not actually having any money. Either it was really obvious or psychic thoughts are a lot more common than we think. Link to comment Share on other sites More sharing options...
CosmicVillan Posted July 30, 2018 Share Posted July 30, 2018 On 29/07/2018 at 00:25, sidcow said: I don't think the original query related to new share capital being issued. I think it related to injecting cash through nefarious means. That's the way I read it anyway. The nefarious Dr X and his diabolical dilution injection 1 Link to comment Share on other sites More sharing options...
Stephen_Evans Posted August 2, 2018 Share Posted August 2, 2018 According to the latest Pride Rewards advert, “Sitting with Xia” is still an option. The lack of attention to detail from our media and publishing teams is astonishing. I mean, last season, even the kids’ wordsearch in the programme had mistakes in it week after week! Link to comment Share on other sites More sharing options...
TheMelvillan Posted August 2, 2018 Share Posted August 2, 2018 30 minutes ago, Stephen_Evans said: According to the latest Pride Rewards advert, “Sitting with Xia” is still an option. The lack of attention to detail from our media and publishing teams is astonishing. I mean, last season, even the kids’ wordsearch in the programme had mistakes in it week after week! unfortunately it now means that he comes round and joins you on your sofa as you watch the game on a dodgy stream 1 1 Link to comment Share on other sites More sharing options...
NIVillan Posted August 2, 2018 Share Posted August 2, 2018 1 hour ago, TheMelvillan said: unfortunately it now means that he comes round and joins you on your sofa as you watch the game on a dodgy stream Tell you what I bought one of the VR headsets for PS4 when they were on offer simply to watch the World Cup Games on the VR App. It was brilliant and felt like you had a prime seat in the Stadium. Though there was some blue computer generated Dude wandering around that scared the shite out of me when he suddenly appeared next to me on the virtual sofa. If they Did this for Villa Games I would seriously consider a subscription, as flying over all the time is too expensive. 1 Link to comment Share on other sites More sharing options...
WhatAboutTheFinish Posted August 2, 2018 Share Posted August 2, 2018 On 31/07/2018 at 01:30, CosmicVillan said: The nefarious Dr X and his diabolical dilution injection Great band! Didn’t so much like their second album though. 1 2 Link to comment Share on other sites More sharing options...
CosmicVillan Posted August 2, 2018 Share Posted August 2, 2018 8 minutes ago, WhatAboutTheFinish said: Great band! Didn’t so much like their second album though. Started out well but turned out to be all front Link to comment Share on other sites More sharing options...
Recommended Posts