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07 Jun 2016 08:19:25
There's more scare mongering on here than the EU referendum!
If those directors are as dodgey as people think, the leagues will say we'll authorise the deal, but you cannot have xxx as director, find someone else. Directors will not a be a strong enough reason for the leagues to stop the takeover. They can easily be replaced, as we saw this season.
The only reason for the leagues stopping the deal is because the Doc is suspect and nobody has been able to find anything, so that looks unlikely at this stage. Unless a big scandal appears about the doc in the next few days, the deal should be completed and we'll be on our way. UTV.
26 May 2016 14:36:30
I've been reading some posts on here for the past couple of months now and like one or two have pointed out, there seems to be a lot of resistance to the new owners. Because people don't know anything they gone (not worst case) but into Armageddon meltdown mode. "He's a crook", "He's a blue nose in disguse". The fact is, there's no information to backup what's he's going to be like as an onwer and the fact that he's prepared to put his neck on the line and restore some pride back into this club should be applauded not berated.
Anyway rant over and back to what made me want to post in the first place. From what I've seen, the £100m is the amount he's ring fenced to buy the club, nothing more, nothing less.
£75m purchase price (this price seems to vary between £60m-£75m depending on who's reporting it)
£24.5 to clear the overdraft (wish my credit was that good! )
£99.5m total purchase price
Now there are add-ons of around £30m if we make it back to the prem within 3 years and i think possibly more if we then stay there for 3 yrs. So the total price could reach around £150m. And i hope it does because that means we'll be back and possible stable in the prem once again.
Where the money is coming from for the transfer kitty is unclear at this point, but being a businessman, I'm sure he'll have a plan. You don't just spend £100m without one! Once the prem and football league have finished their chacks and signed off on the deal, I'm sure we'll hear about his plans. Don't forget, he cannot take ownership of Villa until the prem and football league ratify the deal, so he's unlikely to run around telling everyone his plans without actually owning the club.