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Takeover parts 1 & 2


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To be honest I'd put it at 1 in 3.

Here's why.

Sunderland are down. I really don't think that either of the other two places are certain yet. Portsmouth with their new team will be giving it a go and I can just see sha getting out of it. The other four teams are WBA, Us, Middlesvilla and Newcastle.

2 places, 6 teams. 2 in 6 or 1 in 3.

You pessimistic lot should get down the bookies and start putting your savings on the 16/1 or so that you can get.

Look at our home games after tonight - we've still got to play Blues, Albion, Sunderland, Fulham, Portsmouth, Man City & Newcastle. It's hard to imagine an easier run in than those...

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OK guys........

Spoke with a carpark attendant on the massive carpark behind the Aston Villa Social Club last night.

Asked him why there was just the two very narrow exits from the carpark as it takes ages and ages and zzzzzzzz ages to get off that friggin carpark.

He said that no work had been done to improve the carpark as the Cormers wanted it but couldn't buy it as it was owned by AVFC, BCFC and a n other ... also said the B'ham council was run by SHA tosspots which was slowing the deal down.

Anyways -- he said the takeover WAS happening, but assured me that the land tied to the deal was making the deal longer to close than it should.

I drove away feeling better...then I woke up -- was this a reliable source of information ??

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Its a well known fact that a car park attendant has a seat on the board, and is present during all takeover negotiations! :winkold:

Well Doug does just about everything else; CEO, Chairman, Financial Director, Business Mastermind............... why not Car Park Attendant?

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and actually that is why we can't sell the club because there is no rush and potential buyers are willing to wait until Ellis dies or lowers his price,

Sorry for being thick, but "what" is why we can't sell the club?

We can't sell the club because the owner has no interest in selling.

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and actually that is why we can't sell the club because there is no rush and potential buyers are willing to wait until Ellis dies or lowers his price,

Sorry for being thick, but "what" is why we can't sell the club?

We can't sell the club because the owner has no interest in selling.

Doug will sell, I think, but only on his (very unrealistic) terms.

When Doug is out of the picture the club will be appropriately priced and be snapped up.

As I've posted before, I think the Rothschilds appointment was to do with this. i.e. removing Doug from the process so a realistic price can be agreed with potential buyers.

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a very interesting article from Martin Swain, some I disagree with but the overall tenure is about right but unlike his last article he is not clainming any inside sources anymore and I just wonder why the leaks have dried up since Rothschilds were brought in.

Sad Villa's Garland of thorns

By Martin Swain

Feb 3, 2006

At first sight they may seem unconnected but the jailing of a fraudster

at York Crown Court last week adds more gloom to Villa fans desperate

for their club to take a new direction.

For months they have been teased and tantalised by the prospect of a

takeover which, it was hoped, could re-energise a club decaying before

our eyes.

Now the jailing of Chris Garland for two and a half years must throw

fresh doubt on the prospects of veteran chairman Doug Ellis completing

the supposed £64m takeover by the Irish property developers Luke and

Brian Comer.

Garland was part of the team of brokers who brought the £64m offer to

Ellis's table.

He is, however, a serial fantasist once paid £2,000 a week as a

consultant by Leeds over a deal which - surprise, surprise - never

materialised.

As the Yorkshire club battled to avoid financial oblivion in 2004, £30m

in debt and in urgent need of fresh investment, Garland seemed to have

the answer to the board's prayers with a (supposed) £25m takeover deal.

This one was (supposedly) being backed by Sebastien Sainsbury,

great-grandson of the founder of the Sainsbury's supermarket chain.

Of course, nothing ever materialised and Garland's world of phoney deals

and make-believe schemes came to a halt when he was put away last week

for duping his next door neighbours out of £164,000.

"We believed him because we thought he was a genuine guy," the

unfortunate neighbour Brian Manley said after being deprived of his life

savings.

"Chairmen of football clubs believe him. When it comes to conmen he is

pretty much up there - he is an artist."

Garland's role in the AVIL consortium, who still claim to be optimistic

of bringing in the Comers as new owners, has been described as

peripheral.

But then it has also been said that they were due to complete their

takeover in October, then at Christmas, then in the New Year.

We are now into February recoiling from a Villa statement which suggests

AVIL have done little more than enjoyed a cosy chat and cuppa with Doug.

"To date the board is not aware that AVIL has performed detailed due

diligence on Aston Villa and has not been provided with evidence of

AVIL's financial ability to proceed with an acquisition," said the

recent statement.

Note that point about the absence of detailed due diligence, the process

of examining the books of the company you intend to buy.

If they haven't been doing that since October, what on earth have they

been doing?

Villa's sale is now in the hands of the blue chip financiers Rothschild

with the latest claims being that they, too, are in discussion with the

AVIL consortium.

We wish them well but events so far cannot make Villa fans confident of

an outcome as they continue to fret over the club's decline under an

82-year-old chairman who has accepted that the time has come for new

ownership.

With a training ground development to fund and the team under-performing

in front of declining attendances, Ellis may have held on to his pride

and joy a year or two too long to get top dollar for his shares.

And watching from afar, I wonder what Ray Ranson, an owner waiting for a

club to fuel his ambitions, makes of it all?

His £47m offer bid remains the only concrete offer Ellis has received

but it was dismissed out of hand as being insubstantial.

When the AVIL "deal" came in at £64m, it seemed a good call by the

chairman but one wonders if he now regrets being quite so dismissive of

the Ranson offer?[\i]

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Garland's role in the AVIL consortium, who still claim to be optimistic

of bringing in the Comers as new owners, has been described as

peripheral.

I don't think he is anything more than a red herring TBH.

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says nothing not even decent supposition just paper fodder

Nope, nothing new in there. Don't suppose there was meant to be - the headline wasn't "EXCLUSIVE VILLA FRAUD SHOCK", it is a commentary, one person's view of the situation.

And a reasonably accurate precis of the current situation it is.

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