JulieB Posted August 3, 2006 Share Posted August 3, 2006 SSN r sooo enoyin when it said breaking news about villa i thought yes takeover but they talk about Aitken which was mentioned on here over an hour ago!! Yeah and read the Sky Text its even funnier...reckons Nevilles heading AV06 Bid & Padfield heads another consortium. Loads of errors! Muppets!! Link to comment Share on other sites More sharing options...
BOF Posted August 3, 2006 Moderator Share Posted August 3, 2006 SSN probably know everything the VT insiders know. They can't go on air with rumour though. They have to stick to confirmed fact, and no-one inside VP will confirm anything cuz they're not allowed to. So it's not that they're necessarily behind, it's just that they can't say anything. Although I could be wrong and they could be useless clearings in the woods Link to comment Share on other sites More sharing options...
Randy_Lion Posted August 3, 2006 Share Posted August 3, 2006 I think that Lerner's is the favoured bid and once he puts his bid in this time, that it could all move very quickly! As O'Neill has already said yes and obv Lerner has the finanicial backing to buy out Ellis and Petchey too. Let's get this done, so AVFC can be reborn! Link to comment Share on other sites More sharing options...
jt Posted August 3, 2006 Share Posted August 3, 2006 SSN r sooo enoyin when it said breaking news about villa i thought yes takeover but they talk about Aitken which was mentioned on here over an hour ago!! Yeah and read the Sky Text its even funnier...reckons Nevilles heading AV06 Bid & Padfield heads another consortium. Loads of errors! Muppets!! Yeah i saw that last night, how i chuckled. You'd of thought they'd of corrected their shoddy journalism by now though!!! Link to comment Share on other sites More sharing options...
Gr8_Barr_AVFC1 Posted August 3, 2006 Share Posted August 3, 2006 Yeah and read the Sky Text its even funnier...reckons Nevilles heading AV06 Bid & Padfield heads another consortium. Loads of errors! Muppets lol im sure the bloke on SSN also said earlier when speeking to that financial bloke that Lerner was going to join with a consortium , they havent got a clue Link to comment Share on other sites More sharing options...
villabug Posted August 3, 2006 Share Posted August 3, 2006 I dont know if this has been ansewered but does anyone know who those 3 Americans were at Villa Park Tuesday? Link to comment Share on other sites More sharing options...
PB Posted August 3, 2006 Share Posted August 3, 2006 I dont know if this has been ansewered but does anyone know who those 3 Americans were at Villa Park Tuesday? Simon and garfunkel, plus one unknown another....apparently :roll: Link to comment Share on other sites More sharing options...
villafan306 Posted August 3, 2006 Share Posted August 3, 2006 Lerner's associates. Link to comment Share on other sites More sharing options...
claretnbluejersey Posted August 3, 2006 Share Posted August 3, 2006 Neville wants to join with PAdfield's AV06 consortium to table a bid for the club. Here is what was said by Padfield on BBC Radio 5 tonight. "The latest state of play is we have been approached by representatives from other consortia who have already put their hats in the ring. One is a representative of Mr Neville. "We are considering opening discussions with them but haven't taken a firm decision. "Nothing is going to happen until I return (from holiday) at the end of the week. "We haven't had serious discussions yet but an approach has been made to me and certainly I'm quite happy to arrange a meeting when I get back." "One of the crucial issues is the extent to which Doug Ellis wants to retain a stake in the club or whether he is prepared to sell his entire shareholding. What the F**K is doug upto? does this mean he wont sell ALL his shares? Even when all this is over will he still sit on the board because he has shares? Is this where all the problems with are stemming from? Link to comment Share on other sites More sharing options...
JulieB Posted August 3, 2006 Share Posted August 3, 2006 Villabug wrote I dont know if this has been ansewered but does anyone know who those 3 Americans were at Villa Park Tuesday? Yeah it was Channel 4's new American Producers for a Transatlantic reality show called "Big F*****" Link to comment Share on other sites More sharing options...
thetrees Posted August 3, 2006 Share Posted August 3, 2006 Lerner's associates. Should that not be 'Lerner's associates?'? Or has it been confirmed anywhere. Are the media as confused as us on all of this? Is this a conspiracy by Doug 'where is my office' Ellis to make the whole world as confused as he has been for the last year or so? Confusing, isn't it? Link to comment Share on other sites More sharing options...
Wurzel Posted August 3, 2006 Share Posted August 3, 2006 Even when all this is over will he still sit on the board because he has shares? I would guess that is what he is thinking. Link to comment Share on other sites More sharing options...
Richard Posted August 3, 2006 Share Posted August 3, 2006 Just having shares does not necessarily qualify you to sit on the board. Link to comment Share on other sites More sharing options...
Wurzel Posted August 3, 2006 Share Posted August 3, 2006 Very true, but if he retains enough of them, he would, like any large shareholder, like to have an opportunity to sit on the board. Link to comment Share on other sites More sharing options...
Richard Posted August 3, 2006 Share Posted August 3, 2006 Well that will be in the gift of the new board. AFTER the takeover Link to comment Share on other sites More sharing options...
Wurzel Posted August 3, 2006 Share Posted August 3, 2006 Well that will be in the gift of the new board. AFTER the takeover Lets hope not!!!!! Link to comment Share on other sites More sharing options...
Denis_B Posted August 3, 2006 Share Posted August 3, 2006 Well that will be in the gift of the new board. AFTER the takeover Lets hope not!!!!! No, the gift of the SHAREHOLDERS Link to comment Share on other sites More sharing options...
MikeMcKenna Posted August 3, 2006 VT Supporter Share Posted August 3, 2006 Just having shares does not necessarily qualify you to sit on the board. True, but if he has say 10% he holds the balance of power in several ways. Its is estimated that up to 20% of shares are untraceable. Therefore if Lerner or anyone else was able to obtain all the others that would only give them 70%. Maybe some of the people who know this stuff can confirm but I beileve that a 70% shareholder cannot do certain things without calling an EGM and that they need 75% to avoid this. Furthermore I believe it is not possible to delist the plc without 95% of the shareholding. I assume there is some way around "untraceable" shares but if ellis held 10% he could stop Lerner or any other party from taking the company off the LSE and generally make life difficult. Link to comment Share on other sites More sharing options...
LancsVillan Posted August 3, 2006 Moderator Share Posted August 3, 2006 Mike - someone will no doubt be able to fill in the facts. But there is some financial requirements about any shareholder owning more than 9.9% of shares. Hence why NTL bought 9.9% of numerous clubs some years back. There is also legislation around the delisting of the club and that 'missing' 10%' but I'm struggling to remember it. Link to comment Share on other sites More sharing options...
PB Posted August 3, 2006 Share Posted August 3, 2006 I cant see anyone in their right mind leaving Ellis with 10% Link to comment Share on other sites More sharing options...
Recommended Posts