Denis_B Posted December 29, 2005 Share Posted December 29, 2005 and has a good working relationship with Neville That I very much think is wrong! Link to comment Share on other sites More sharing options...
John Posted December 29, 2005 Share Posted December 29, 2005 but they were definately trying to pressure him last week with Nevilles statement Yes and with good reason. He has let this drag on and on and has kept moving the goalposts. This bid is serious and I think the consortium wanted the fans to know that they were still there and wanting to do something before the window. Only one man can stand in the way of this going through and by saying nothing it would have made it easier for him to do so as he has done with other past bids. Out with the old and in with the new on 31/12! Link to comment Share on other sites More sharing options...
bromsgrove_avfc Posted December 29, 2005 Share Posted December 29, 2005 Not looking good is it? Link to comment Share on other sites More sharing options...
VillaDave Posted December 29, 2005 Share Posted December 29, 2005 This bid is serious and I think the consortium wanted the fans to know that they were still there and wanting to do something before the window. I hear what you are saying, but how do we know its serious? Has anyone seen any details on how the Comers will fund it? Do we know what they plan for us if they do take over? Have they even got the cash to invest in us? Yes, they may appear to be wealthy in net terms. But if they cannot even provide simple details as to how it will all be funded to the seller (Doug) then it does not fill me with confidence. I hope it does happen. But only if it improves on what we currently have. Not hard I know, but I want to be sure. Link to comment Share on other sites More sharing options...
John Posted December 29, 2005 Share Posted December 29, 2005 But if they cannot even provide simple details as to how it will all be funded to the seller (Doug) then it does not fill me with confidence. I think he is well aware that they have the money and that he should not expect to see it until the deal is done and dusted. But, he follows the X-Files and "trusts no one" until he sees the colour of their money. I think he may be using this as a reason to delay doing the deal when there is none. :cry: Link to comment Share on other sites More sharing options...
Derryvillan Posted December 30, 2005 Share Posted December 30, 2005 On Skysports text this morning the Comers have formed "Avil" to drive the deal ahead.Then just the usual "talks ongoing,best deal for major shareholders,for the club to prosper." Link to comment Share on other sites More sharing options...
robitee Posted December 30, 2005 Share Posted December 30, 2005 Aston Villa Investments Limited Proposed Bid for Aston Villa Plc Aston Villa Investments Limited ("Avil") the acquisition vehicle formed for the purpose of making an offer for Aston Villa Plc wishes to clarify the current status of its plans. Discussions are ongoing with Aston Villa PLC's advisors. Due diligence is progressing and Avil is focused on settling its financing arrangements. Avil also wishes to make it clear that it is committed to concluding a transaction on terms acceptable to the major shareholders of Aston Villa and to enable the club to prosper in the future. For the avoidance of doubt there can be no certainty that an offer will be made nor as to the terms on which an offer might be made nor as to the timing of any offer. From London Stock Exchange Site Link to comment Share on other sites More sharing options...
Silent_Bob Posted December 30, 2005 Share Posted December 30, 2005 Seems like good news to me Link to comment Share on other sites More sharing options...
Richard Posted December 30, 2005 Share Posted December 30, 2005 It is consistent with what would normally happen at this stage of any takeover Link to comment Share on other sites More sharing options...
Silent_Bob Posted December 30, 2005 Share Posted December 30, 2005 True. The good news is that we have reached this stage. Link to comment Share on other sites More sharing options...
Demitri_C Posted December 30, 2005 Share Posted December 30, 2005 can someone tell me what that means in english? as i understand it is that r still negiotating. Link to comment Share on other sites More sharing options...
dukes Posted December 30, 2005 Share Posted December 30, 2005 Do i take it this means no further progress before the New Year ? It sounds like agreement is some way off from their statement. Link to comment Share on other sites More sharing options...
wilsonrx Posted December 30, 2005 Share Posted December 30, 2005 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. Link to comment Share on other sites More sharing options...
ozvillafan Posted December 30, 2005 VT Supporter Share Posted December 30, 2005 So, they are saying they are serious (perhaps looking for fan support?) .... ... with a get out clause in case it all (inevitably?) goes sour. Link to comment Share on other sites More sharing options...
John Posted December 30, 2005 Share Posted December 30, 2005 Avil also wishes to make it clear that it is committed to concluding a transaction on terms acceptable to the major shareholders of Aston Villa and to enable the club to prosper in the future. For the avoidance of doubt there can be no certainty that an offer will be made nor as to the terms on which an offer might be made nor as to the timing of any offer This seems further good news in that the consortium are still clearly in the race and are still placing pressure (albeit more tentatively) on "the major shareholders" to go through with the deal. Is the last bit something that they felt they needed to add as the feathers of those "major shareholders" had been ruffled by Neville's previous statement as it had raised expectations and placed what they considered to be undue pressure on them for an early decision? Better to wait a couple of days than see the whole thing blown out of the water by these "major shareholders" getting a touch upset. :roll: But, it really needs doing before the January window passes us by and I think the only ones who do not realise this or don't care enough to sort it out before then are these or should it read the "major shareholder"? Out with the old and in with the new a.s.a.p. Link to comment Share on other sites More sharing options...
dukes Posted December 30, 2005 Share Posted December 30, 2005 So, they are saying they are serious (perhaps looking for fan support?) .... ... with a get out clause in case it all (inevitably?) goes sour. So no change then ? Why the sudden need for a statement ? After Neville's comments that the deal could go through before the New Year, this seems to be a major step backwards, as it indicates we're a long way off an agreement. Link to comment Share on other sites More sharing options...
John Posted December 30, 2005 Share Posted December 30, 2005 it indicates we're a long way off an agreement It takes us a step back & another one forward Dukes because the "major shareholders" don't want to be seen to be being rushed by the new boys who have now set up something that will have the affect of doing just that. Link to comment Share on other sites More sharing options...
lee_av Posted December 30, 2005 Share Posted December 30, 2005 The New Chairman of Avil - Dr Avil Link to comment Share on other sites More sharing options...
drat01 Posted December 30, 2005 Share Posted December 30, 2005 So, they are saying they are serious (perhaps looking for fan support?) .... ... with a get out clause in case it all (inevitably?) goes sour. So no change then ? Why the sudden need for a statement ? After Neville's comments that the deal could go through before the New Year, this seems to be a major step backwards, as it indicates we're a long way off an agreement.Not a step backwards at all dukes. The takeover boys made an announcement earlier that they would like to get this concluded by the start of the year. Its obvious that things may take a bit longer so to show to all concerned that things are sstill progressing they make a fairly general statement. Deals of this size and I supsect with partners on both sides that are somewhat difficult to deal with will naturally take longer than buying a tin of beans at Netto. Its positive, I'd be more worried if we had heard nothing Link to comment Share on other sites More sharing options...
avfcinwales Posted December 30, 2005 Share Posted December 30, 2005 Yes, they may appear to be wealthy in net terms. But if they cannot even provide simple details as to how it will all be funded to the seller (Doug) then it does not fill me with confidence. I hope it does happen. But only if it improves on what we currently have. Not hard I know, but I want to be sure. Perhaps Richard could comment but I'd suggest its difficult enought to show you have funding for a 1.5 million takeover, especially if you have financed some of it with 'other' money To do a deal with Ellis must be a nightmare, to keep him happy a miracle that alone makes it a sterling performance Link to comment Share on other sites More sharing options...
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