Heroes & Villains, the Aston Villa fanzine

Heroes & Villains => Heroes Discussion => Topic started by: Gary Penrice on June 28, 2019, 05:38:31 PM

Title: Villa Park.....SOLD
Post by: Gary Penrice on June 28, 2019, 05:38:31 PM
https://www.expressandstar.com/sport/football/aston-villa/2019/06/28/villa-park-sold-to-club-owners-in-567million-deal/?fbclid=IwAR3WvNNRxPFge_FOTI9yw6LgKG8dLwqLRNk9ibt0OcR7chDmuMCGuUlPs_Q
Title: Re: Villa Park.....SOLD
Post by: Jon Crofts on June 28, 2019, 05:41:21 PM
Cue pictures of the Villa badge/crest splitting in half on the front page of the Mail.

Should we be worried?
Title: Re: Villa Park.....SOLD
Post by: Rudy65 on June 28, 2019, 05:55:17 PM
its for FFP so no worries
Title: Re: Villa Park.....SOLD
Post by: London Villan on June 28, 2019, 05:56:51 PM
Didnt we know about this weeks ago?
Title: Re: Villa Park.....SOLD
Post by: LowerNorthStand on June 28, 2019, 05:57:33 PM
Steve Gibson wonít be happy
Title: Re: Villa Park.....SOLD
Post by: andyh on June 28, 2019, 06:00:12 PM
Steve Gibson wonít be happy
Fuck him
Title: Re: Villa Park.....SOLD
Post by: hilts_coolerking on June 28, 2019, 06:10:06 PM
I must admit I find all this sort of thing very confusing.  Who owned the ground before?
Title: Re: Villa Park.....SOLD
Post by: Jon Crofts on June 28, 2019, 06:11:22 PM
Didnít Christian Purslow specifically state there were no plans to sell the ground at the recent fan forum?
Title: Re: Villa Park.....SOLD
Post by: Border villan on June 28, 2019, 06:14:48 PM
Didnít Christian Purslow specifically state there were no plans to sell the ground at the recent fan forum?
He said no plans to sell ďto a third partyĒ.
Title: Re: Villa Park.....SOLD
Post by: Toronto Villa on June 28, 2019, 06:16:13 PM
Didnít Christian Purslow specifically state there were no plans to sell the ground at the recent fan forum?

Sell the ground naming rights I imagine. Selling it back to ourselves is different.

Oh and fuck Steve Gibson
Title: Re: Villa Park.....SOLD
Post by: Risso on June 28, 2019, 06:18:58 PM
Didnít Christian Purslow specifically state there were no plans to sell the ground at the recent fan forum?

Sell the ground naming rights I imagine. Selling it back to ourselves is different.

Oh and fuck Steve Gibson

No, he gave a clever answer, where he said there were no plans to sell the club 'to a third party'.
Title: Re: Villa Park.....SOLD
Post by: chrisw1 on June 28, 2019, 06:20:01 PM
Do we now not need to agree a fair rent payable back to the holding company for this to stack up as a FFP dodge?
Title: Re: Villa Park.....SOLD
Post by: Risso on June 28, 2019, 06:25:08 PM
Do we now not need to agree a fair rent payable back to the holding company for this to stack up as a FFP dodge?

I would think so.
Title: Re: Villa Park.....SOLD
Post by: sirlordbaltimore on June 28, 2019, 06:40:20 PM


What i don't understand is .. who have they bought it from ?

Don't they already own it ?

When they bought the club surely Villa Park was part of the deal if not who owns it ?
Title: Re: Villa Park.....SOLD
Post by: Ads on June 28, 2019, 06:53:20 PM
NSWE Ltd have bought it from RECON Group UK Ltd.
Title: Re: Villa Park.....SOLD
Post by: mike on June 28, 2019, 06:54:55 PM


What i don't understand is .. who have they bought it from ?

Don't they already own it ?

When they bought the club surely Villa Park was part of the deal if not who owns it ?

Itís called capitalism and itís bollocks. Philip Greenís wife owns his businesses and lives in Monaco, Facebook and Amazon pay less tax than me. Apparently, this is a really good way of generating a huge amount of money and the crumbs thereof landing on our plates mean that it is entirely in our interests.
Title: Re: Villa Park.....SOLD
Post by: pauliewalnuts on June 28, 2019, 07:25:19 PM


What i don't understand is .. who have they bought it from ?

Don't they already own it ?

When they bought the club surely Villa Park was part of the deal if not who owns it ?

They have sold the ground to another company which they own - this is a way for them to get £60m into the club and satisfy FFP regulations.

They can't just inject 60m any more like in the old days.
Title: Re: Villa Park.....SOLD
Post by: olaftab on June 28, 2019, 07:32:35 PM
It should have been at least £100M. Well done Villa anyway.
Title: Re: Villa Park.....SOLD
Post by: UK Redsox on June 28, 2019, 07:38:07 PM
First stage in a plan to move the club to a site just off the M5 near Worcester. 😉
Title: Re: Villa Park.....SOLD
Post by: SaddVillan on June 28, 2019, 07:48:15 PM
Somewhat ironic that one of the adverts on H&V is for an equity release company.
Title: Re: Villa Park.....SOLD
Post by: thick_mike on June 28, 2019, 08:03:25 PM
Somewhat ironic that one of the adverts on H&V is for an equity release company.

And that someone is selling a Villa Park on another thread
Title: Re: Villa Park.....SOLD
Post by: frank black on June 28, 2019, 08:16:00 PM


What i don't understand is .. who have they bought it from ?

Don't they already own it ?

When they bought the club surely Villa Park was part of the deal if not who owns it ?

Sneaky FFP jiggery pokery. Working within the rules but not the spirit of the rules. We are a high profile team, so I fully expect an investigation of sorts by public opinion/press. Time will tell whether we get punished or more likely they adjust FFP to prevent it happening in the future. Seems weíve been given a clean bill of health based upon recent meetings with the league, but I imagine the rules will be tweaked.
Title: Re: Villa Park.....SOLD
Post by: paul_e on June 28, 2019, 09:17:04 PM


What i don't understand is .. who have they bought it from ?

Don't they already own it ?

When they bought the club surely Villa Park was part of the deal if not who owns it ?

Sneaky FFP jiggery pokery. Working within the rules but not the spirit of the rules. We are a high profile team, so I fully expect an investigation of sorts by public opinion/press. Time will tell whether we get punished or more likely they adjust FFP to prevent it happening in the future. Seems weíve been given a clean bill of health based upon recent meetings with the league, but I imagine the rules will be tweaked.

It's very simple to legitimise this, you just say that's it's been done to reflect the fact that the stadium, whilst heavily tied to the club, is used for other events (commonwealth games for example) and these alternative uses can be better handled in this new structure.
Title: Re: Villa Park.....SOLD
Post by: frank black on June 28, 2019, 09:32:17 PM


What i don't understand is .. who have they bought it from ?

Don't they already own it ?

When they bought the club surely Villa Park was part of the deal if not who owns it ?

Sneaky FFP jiggery pokery. Working within the rules but not the spirit of the rules. We are a high profile team, so I fully expect an investigation of sorts by public opinion/press. Time will tell whether we get punished or more likely they adjust FFP to prevent it happening in the future. Seems weíve been given a clean bill of health based upon recent meetings with the league, but I imagine the rules will be tweaked.

It's very simple to legitimise this, you just say that's it's been done to reflect the fact that the stadium, whilst heavily tied to the club, is used for other events (commonwealth games for example) and these alternative uses can be better handled in this new structure.

Exactly jiggery pokery. Letís be fair itís a way around the system used by a fair few teams.
Title: Re: Villa Park.....SOLD
Post by: Newby on June 28, 2019, 10:44:41 PM
If we were to be relegated, God forbid, does this not hurt us in the long run as we can't sell it twice to avoid future FFP?
Title: Re: Villa Park.....SOLD
Post by: cdbullyweefan on June 28, 2019, 10:46:07 PM
We can always just sell Bodymoor Heath...
Title: Re: Villa Park.....SOLD
Post by: hilts_coolerking on June 28, 2019, 10:48:16 PM
Ultimately, whose money is used to make this purchase and ultimately who does it go to?
Title: Re: Villa Park.....SOLD
Post by: Risso on June 28, 2019, 10:51:46 PM


What i don't understand is .. who have they bought it from ?

Don't they already own it ?

When they bought the club surely Villa Park was part of the deal if not who owns it ?

Sneaky FFP jiggery pokery. Working within the rules but not the spirit of the rules. We are a high profile team, so I fully expect an investigation of sorts by public opinion/press. Time will tell whether we get punished or more likely they adjust FFP to prevent it happening in the future. Seems weíve been given a clean bill of health based upon recent meetings with the league, but I imagine the rules will be tweaked.

As I said at the time Derby did it, it's not jiggery pokery, it's a common sale and leaseback transaction that has real commercial consequences.  The club don't own the stadium any longer.  As long as it's at a proper market value then there's no problem from a purely business point of view.  Obviously there's the emotional side, which is a different thing entirely.
Title: Re: Villa Park.....SOLD
Post by: pauliewalnuts on June 28, 2019, 10:54:56 PM
Ultimately, whose money is used to make this purchase and ultimately who does it go to?

Edens and Sawiris fund NSWE Stadium Ltd with £60m of their own money. NSWE Stadium Ltd pay Aston Villa FC Ltd (or whatever our holding company is called) £60m to buy the stadium. Aston Villa FC Ltd now have an added income of £60m on the books and therefore reduce their losses and pass FFP. NSWE Stadium Ltd have -£60m on their books, but that does not matter, because they are not subject to FFP. They are a seperate company.

It is basically a really, really transparent way for Edens and Sawiris to get money into the club. A little bit like selling massively overvalued naming rights (Man City).

I am just glad we have owners with enough money to do this to avoid us getting shafted over finances. They have, apparently, done this at a figure which is just right to get us out of the shit whilst not looking insanely dodgy (apparently Derby did the same thing except for a higher figure which attracted way more suspicion).
Title: Re: Villa Park.....SOLD
Post by: olaftab on June 28, 2019, 11:05:21 PM
So the club is renting back the stadium at hopefully £10/month.
Title: Re: Villa Park.....SOLD
Post by: pauliewalnuts on June 28, 2019, 11:09:39 PM
If you want a laugh at some thick fucking idiots, check out the thread on this on smallcockalliance.com

Obviously, they have a special thread every time we so much as sign someone.
Title: Re: Villa Park.....SOLD
Post by: hilts_coolerking on June 28, 2019, 11:14:10 PM
Edens and Sawiris fund NSWE Stadium Ltd with £60m of their own money. NSWE Stadium Ltd pay Aston Villa FC Ltd (or whatever our holding company is called) £60m to buy the stadium. Aston Villa FC Ltd now have an added income of £60m on the books and therefore reduce their losses and pass FFP. NSWE Stadium Ltd have -£60m on their books, but that does not matter, because they are not subject to FFP. They are a seperate company.

It is basically a really, really transparent way for Edens and Sawiris to get money into the club. A little bit like selling massively overvalued naming rights (Man City).

I am just glad we have owners with enough money to do this to avoid us getting shafted over finances. They have, apparently, done this at a figure which is just right to get us out of the shit whilst not looking insanely dodgy (apparently Derby did the same thing except for a higher figure which attracted way more suspicion).

Ta very much.
Title: Re: Villa Park.....SOLD
Post by: olaftab on June 28, 2019, 11:28:43 PM


What i don't understand is .. who have they bought it from ?

Don't they already own it ?

When they bought the club surely Villa Park was part of the deal if not who owns it ?

Itís called capitalism and itís bollocks. Philip Greenís wife owns his businesses and lives in Monaco, Facebook and Amazon pay less tax than me. Apparently, this is a really good way of generating a huge amount of money and the crumbs thereof landing on our plates mean that it is entirely in our interests.
Of course NSWE have bought the stadium and not the pitch and the grass thereby attached to it. Next season hopefully they will buy the pitch and the grass for another £60M😉
Title: Re: Villa Park.....SOLD
Post by: Louzie0 on June 28, 2019, 11:39:55 PM
And corner flags, goalposts and nets, paint on the lines and the dugout shed ( with water bottles and seats) could be another nice little earner  :D
Title: Re: Villa Park.....SOLD
Post by: tomd2103 on June 29, 2019, 12:57:44 AM
If you want a laugh at some thick fucking idiots, check out the thread on this on smallcockalliance.com

Obviously, they have a special thread every time we so much as sign someone.

Why even bother with them.  They are firmly in our rear view mirror now and best left to heavyweight intellectual debates with their new tenants about who hates us more.
Title: Re: Villa Park.....SOLD
Post by: eamonn on June 29, 2019, 01:06:47 AM
If this was the silver bullet for our FFP worries, would we have been in the shit otherwise?  I mean before this story broke what were the best guesses for Purslow being so confident that our finances were OK?
Title: Re: Villa Park.....SOLD
Post by: AsTallAsLions on June 29, 2019, 01:29:29 AM
If this was the silver bullet for our FFP worries, would we have been in the shit otherwise?  I mean before this story broke what were the best guesses for Purslow being so confident that our finances were OK?

I had always assumed it was compensation for the HS2 rail link bisecting Bodymoor Heath tbh....
Title: Re: Villa Park.....SOLD
Post by: London Villan on June 29, 2019, 06:33:12 AM
What are the plans after the demolition of the shop and the academy building?
Title: Re: Villa Park.....SOLD
Post by: Lsvilla on June 29, 2019, 06:59:41 AM
If this was the silver bullet for our FFP worries, would we have been in the shit otherwise?  I mean before this story broke what were the best guesses for Purslow being so confident that our finances were OK?

I had always assumed it was compensation for the HS2 rail link bisecting Bodymoor Heath tbh....
Me too. Maybe that funds the purchase of Messi, Ronaldo and Neymar in January
Title: Re: Villa Park.....SOLD
Post by: Scratchins on June 29, 2019, 07:42:00 AM
If my memory is right last summer the club bought out a raft of leases including, amongst others,  a semi detached house in Great Barr and Villa Park. If so, in recent history we have only owned the stadium for a year. Can anyone verify and explain this?
Title: Re: Villa Park.....SOLD
Post by: Ads on June 29, 2019, 09:13:24 AM
We have held the freehold since 1897 for Villa Park. It was just mortgaged. I haven't looked at Land Reg, and I'm not spending £3, but I imagine we now have a long term, maybe 999 year, lease.
Title: Re: Villa Park.....SOLD
Post by: old man villa fan on June 29, 2019, 09:29:18 AM
I have never had a problem with owners investing money in a football club, provided that it is not just money loaned to the club and I think FFP should reflect this.  Say an owner buys a club for £50m and invest another £50m in capital and the only way he can get it back is by selling the club or from profits (generally minimal in football) and in the future he wants to sell the club and it is only worth £50m, the loss is down to the owner and his poor investment.  The club has had a windfall and ends up back in the same position.  The owner is £50m worse off but the club is back in the same position.
Title: Re: Villa Park.....SOLD
Post by: Risso on June 29, 2019, 11:30:37 AM
Here you go legal types:

Title Number : MM120255
This title is dealt with by HM Land Registry, Coventry Office.
The following extract contains information taken from the register of the above title
number. A full copy of the register accompanies this document and you should read that
in order to be sure that these brief details are complete.
Neither this extract nor the full copy is an 'Official Copy' of the register. An
official copy of the register is admissible in evidence in a court to the same extent
as the original. A person is entitled to be indemnified by the registrar if he or she
suffers loss by reason of a mistake in an official copy.
This extract shows information current on 29 JUN 2019 at 11:27:28 and so does not take
account of any application made after that time even if pending in HM Land Registry
when this extract was issued.
REGISTER EXTRACT
 Title Number
Address of Property
Price Stated
Registered Owner(s)
Lender(s)
: MM120255
: Villa Park, Trinity Road, Birmingham (B6 6HE)
: £56,700,000
: NSWE STADIUM LIMITED (Co. Regn. No. 10883540) of Villa Park, Trinity Road, Birmingham B6 6HE.
: None
1 of 3

Title number MM120255
This is a copy of the register of the title number set out immediately below, showing
the entries in the register on 29 JUN 2019 at 11:27:28. This copy does not take account
of any application made after that time even if still pending in HM Land Registry when
this copy was issued.
This copy is not an 'Official Copy' of the register. An official copy of the register
is admissible in evidence in a court to the same extent as the original. A person is
entitled to be indemnified by the registrar if he or she suffers loss by reason of a
mistake in an official copy. If you want to obtain an official copy, the HM Land
Registry web site explains how to do this.
A: Property Register
This register describes the land and estate comprised in
the title.
 WEST MIDLANDS : BIRMINGHAM
 1      (14.02.2019) The Freehold land shown edged with red on the plan of the
        above title filed at the Registry and being Villa Park, Trinity Road,
        Birmingham (B6 6HE).
 2      (14.02.2019) The land has the benefit of the following legal easements
        reserved by a Conveyance of 4 Nelson Road dated 8 June 1979 made
        between (1) Aston Villa Football Club (Vendor) and (2) James Farrell
        (Purchaser) but is subject to the following rights that are granted by
        the said deed and affect the registered land:-
        "Together Also with the benefit of all rights of light and air drainage
        way passage support and other quasi-easements of a continuous nature
        hitherto used enjoyed exercised and enjoyed in respect of the property
        through over or under the adjoining or neighbouring property now or
        formerly of the Vendor EXCEPTING AND RESERVING unto the Vendor and all
        persons authorised by it the like rights of light and air drainage way
        passage support and other quasi easements of a continuous nature now or
        hitherto used exercised or enjoyed in respect of the other adjoining or
        neighbouring properties of the Vendor through over or under the
        property and any services jointly used being maintained at the joint
        expense of the respective owners for the time being."
 3      (14.02.2019) The land has the benefit of the following legal easements
        reserved by a Conveyance of 6 Nelson Road dated 4 June 1982 made
        between (1) Aston Villa Football Club PLC (Vendor) and (2) Akbar Jan
        (Purchaser) but is subject to the following rights that are granted by
        the said deed and affect the registered land:-
        "TOGETHER with the benefit of and subject to all party walls and fences
        support of walls sewers drains spouting rights of way water light air
        and drainage and any other privileges or advantages in the nature of
        easements (if any) as are now enjoyed or suffered (all which but for
        the fact that the property hereby conveyed and the adjoining properties
        have belonged to the Vendor would be enjoyed or suffered by the owners
        or occupiers of the property hereby conveyed) in common with the owners
        or occupiers for the time being of the said adjoining properties of the
        Vendor and the adjoining owners or occupiers and the persons deriving
        title under them paying a proportionate part of the expense of keeping
        such party easements in proper repair and condition."
B: Proprietorship Register
This register specifies the class of title and
identifies the owner. It contains any entries that
affect the right of disposal.
Title absolute
 1      (06.06.2019) PROPRIETOR: NSWE STADIUM LIMITED (Co. Regn. No. 10883540)
        of Villa Park, Trinity Road, Birmingham B6 6HE.
 2      (06.06.2019) The price stated to have been paid on 21 May 2019 for the
        land in this title and in WM193792, WM594506 and WM617783 was
2 of 3

Title number MM120255
B: Proprietorship Register continued £56,700,000.
3      (06.06.2019) The Transfer to the proprietor contains a covenant to
       observe and perform the covenants by the landlord contained in the
       leases referred to in the schedule of notices of leases and of
       indemnity in respect thereof.
C: Charges Register
This register contains any charges and other matters
that affect the land.
1      (14.02.2019) An Indenture afecting the land tinted pink on the title
       plan dated 31 July 1911 made between (1) Ansells Brewery Limited
       (Vendor Company) and (2) The Aston Villa Football Club Limited
       (Purchaser Company) contains restrictive covenants.
       ¨NOTE:-Copy filed.
2      (14.02.2019) An Agreement dated 6 June 2000 made between (1) Birmingham
       City Council and (2) Aston Villa PLC pursuant to section 106 of the
       Town and Country Planning Act 1990 contains covenants.
       ¨NOTE: Copy filed.
3      (14.02.2019) The parts of the land affected thereby are subject to the
       leases set out in the schedule of leases hereto.
       The leases grant and reserve easements as therein mentioned.
4      (14.02.2019) Land Charges registration number 19076 dated 2 February
       1971 protecting Land Charge Class C(I) against Aston Villa Football
       Club Limited.
       No further particulars were supplied on first registration.
Schedule of notices of leases
1      14.02.2019
       Edged and
Electricity sub-station,
Witton Lane, Birmingham
27.03.2014
999 years from
27.03.2014
MM34080
       numbered 1 in
       blue
       NOTE: The lease contains also other land.
End of register
3 of 3
Title: Re: Villa Park.....SOLD
Post by: Damo70 on June 29, 2019, 11:41:45 AM
It is a way around FFP and a way for the owners to inject money into the club for the benefit of the club. Clever owners who are wealthy enough to do this kind of thing will do it. The less wealthy and less savvy owners will complain about it. Again the clever owners will make sure they haven't broken any rules where some owners will come a cropper if they have broken rules.

I am off to Small Heath Alliance now to have a laugh at their reaction. I will be disappointed if their thread on this subject isn't already at least ten pages long.
Title: Re: Villa Park.....SOLD
Post by: cdbullyweefan on June 29, 2019, 12:04:21 PM
If we have non-footballing events at Villa Park, eg boxing matches or Take That concerts, I assume this means Villa no longer get any of the money?
Title: Re: Villa Park.....SOLD
Post by: jwarry on June 29, 2019, 12:09:45 PM
If we have non-footballing events at Villa Park, eg boxing matches or Take That concerts, I assume this means Villa no longer get any of the money?
[/quote
If we have non-footballing events at Villa Park, eg boxing matches or Take That concerts, I assume this means Villa no longer get any of the money?

I wouldnít mind watching somebody boxing Take That 😁
Title: Re: Villa Park.....SOLD
Post by: pauliewalnuts on June 29, 2019, 01:11:11 PM
If we have non-footballing events at Villa Park, eg boxing matches or Take That concerts, I assume this means Villa no longer get any of the money?

Not necessarily the case.
Title: Re: Villa Park.....SOLD
Post by: olaftab on June 29, 2019, 01:15:18 PM
If we have non-footballing events at Villa Park, eg boxing matches or Take That concerts, I assume this means Villa no longer get any of the money?
Depends on if we are paying NSWE match by match rental for use of the actual stadium or we have it leased back🤔
Title: Re: Villa Park.....SOLD
Post by: Confusious says on June 29, 2019, 07:12:36 PM
The main advantage I see from having a separate company own the ground despite the obvious one to make sure we comply with ffp
Is that if heaven forbid that someone tried to wind up Aston Villa fc
for any debt, we would still have a ground which could not be touched by the receivers, allowing us to start up again wiping our debts out at the same time. As I believe other clubs have done including Wolves have
done in the past which is my understanding of the situation
Title: Re: Villa Park.....SOLD
Post by: algy on June 29, 2019, 07:30:00 PM
Say in 5 years time, could NSWE Stadium Ltd buy the rest of the football club, merge the two, and we get back to being able to sell our stadium back to ourselves again? (Obvs waiting long enough that it isn't suspect)
Title: Re: Villa Park.....SOLD
Post by: Risso on June 29, 2019, 08:34:45 PM
I'm not concerned about the sale, but what happened to Villa Park being an Asset of Community Value?  i thought that in the event of a sale, it meant the owners had to inform the people who had applied for it to be so registered, in this case the Trust?
Title: Re: Villa Park.....SOLD
Post by: cheltenhamlion on June 29, 2019, 09:31:18 PM
I'm not concerned about the sale, but what happened to Villa Park being an Asset of Community Value?  i thought that in the event of a sale, it meant the owners had to inform the people who had applied for it to be so registered, in this case the Trust?

It is with the legal advisors.
Title: Re: Villa Park.....SOLD
Post by: Risso on June 30, 2019, 04:34:11 PM
I'm not concerned about the sale, but what happened to Villa Park being an Asset of Community Value?  i thought that in the event of a sale, it meant the owners had to inform the people who had applied for it to be so registered, in this case the Trust?

It is with the legal advisors.

Whose?
Title: Re: Villa Park.....SOLD
Post by: dave.woodhall on June 30, 2019, 07:59:29 PM
I'm not concerned about the sale, but what happened to Villa Park being an Asset of Community Value?  i thought that in the event of a sale, it meant the owners had to inform the people who had applied for it to be so registered, in this case the Trust?

Apparently it doesn't count if the primary use isn't going to be changed.
Title: Re: Villa Park.....SOLD
Post by: Risso on June 30, 2019, 08:14:06 PM
I'm not concerned about the sale, but what happened to Villa Park being an Asset of Community Value?  i thought that in the event of a sale, it meant the owners had to inform the people who had applied for it to be so registered, in this case the Trust?

Apparently it doesn't count if the primary use isn't going to be changed.

That would make sense.  Cheers.
Title: Re: Villa Park.....SOLD
Post by: dave.woodhall on June 30, 2019, 08:21:32 PM
The Trust aren't deliriously happy, mind. https://villatrust.org.uk/villa-park/

Quote
Villa Park

The Trust is concerned to read the news today, that despite the recording of an Asset of Community Value on the stadium, a transfer of ownership may have taken place.

We are attempting to clarify the details. When they are available we will seek an urgent meeting with the club.

In addition, we will be requesting clarification on the loss of match day facilities for fans, with the demolition of Villa Village and the Academy, which was not mentioned at the FCG when it is evident plans were far advanced.
Title: Re: Villa Park.....SOLD
Post by: Damo70 on June 30, 2019, 08:23:30 PM
If we have non-footballing events at Villa Park, eg boxing matches or Take That concerts, I assume this means Villa no longer get any of the money?
[/quote
If we have non-footballing events at Villa Park, eg boxing matches or Take That concerts, I assume this means Villa no longer get any of the money?

I wouldnít mind watching somebody boxing Take That 😁




I have seen Bruce Springsteen live at Villa Park. Unfortunately I missed the Villa Park gigs of Duran Duran and Billy Graham. Apparently Billy Graham's support act was Cliff Richard.
Title: Re: Villa Park.....SOLD
Post by: Risso on June 30, 2019, 08:50:23 PM
I'm not concerned about the sale, but what happened to Villa Park being an Asset of Community Value?  i thought that in the event of a sale, it meant the owners had to inform the people who had applied for it to be so registered, in this case the Trust?

Apparently it doesn't count if the primary use isn't going to be changed.

That would make sense.  Cheers.

Actually, I think it's probably more likely to do with this exemption:

10.ó(1) A disposal by one body corporate to another, where the second one is a group undertaking in relation to the first.
(2) In this paragraph, ďgroup undertakingĒ has the meaning given by section 1161(5) of the Companies Act 2006(d).

I think as it's a sale to a related party under common contol it meets that exemption.
Title: Re: Villa Park.....SOLD
Post by: pauliewalnuts on June 30, 2019, 08:58:48 PM
The Trust aren't deliriously happy, mind. https://villatrust.org.uk/villa-park/

Quote
Villa Park

The Trust is concerned to read the news today, that despite the recording of an Asset of Community Value on the stadium, a transfer of ownership may have taken place.

We are attempting to clarify the details. When they are available we will seek an urgent meeting with the club.

In addition, we will be requesting clarification on the loss of match day facilities for fans, with the demolition of Villa Village and the Academy, which was not mentioned at the FCG when it is evident plans were far advanced.

That's an interesting point about it not being mentioned at the FCG meeting.
Title: Re: Villa Park.....SOLD
Post by: Risso on June 30, 2019, 09:22:50 PM
They sort of did.  The question was asked, and the response was "no plans to sell it to a third party".  Obviously a more precise answer would have been "we're just signing off on selling it to a related party".
Title: Re: Villa Park.....SOLD
Post by: PeterWithesShin on June 30, 2019, 09:25:57 PM
They sort of did.  The question was asked, and the response was "no plans to sell it to a third party".  Obviously a more precise answer would have been "we're just signing off on selling it to a related party".

I assumed they were on about the demolition not selling VP.
Title: Re: Villa Park.....SOLD
Post by: Behind Bluenose Lines on July 01, 2019, 11:48:07 PM
Just heard on Talksport that the Times is doing a report on the Premier League investigating this sale to make sure it complies with their FFP rules despite the EFL signing this off.
Title: Re: Villa Park.....SOLD
Post by: andyh on July 02, 2019, 05:27:40 AM
It just wonít fucking go away, will it?
Title: Re: Villa Park.....SOLD
Post by: four fornicholl on July 02, 2019, 06:53:26 AM
It just wonít fucking go away, will it?
It seems that way. Weíre just a big club trying to reestablish ourselves. Whatís the problem EPL,EFL?
Title: Re: Villa Park.....SOLD
Post by: Risso on July 02, 2019, 07:29:52 AM
The fair value will have taken two minutes to sort. Phone a couple of Chartered Surveyors, get them round, job done.
Title: Re: Villa Park.....SOLD
Post by: Ads on July 02, 2019, 07:31:43 AM
The Times piece is a bit sensationalist. The PL have been provided with our accounts and will be required to sign them off as compliant.

As a part of that, they will check if the related transfer of VP was at market value. We insist it was and we're compliant.

Title: Re: Villa Park.....SOLD
Post by: jwarry on July 02, 2019, 08:25:45 AM
The Times piece is a bit sensationalist. The PL have been provided with our accounts and will be required to sign them off as compliant.

As a part of that, they will check if the related transfer of VP was at market value. We insist it was and we're compliant.



Yep pretty rubbish and speculative article for The Times, more like a Sun piece, very poor by their standards
Title: Re: Villa Park.....SOLD
Post by: cheltenhamlion on July 02, 2019, 08:35:28 AM
They sort of did.  The question was asked, and the response was "no plans to sell it to a third party".  Obviously a more precise answer would have been "we're just signing off on selling it to a related party".

I assumed they were on about the demolition not selling VP.

Yep.
Title: Re: Villa Park.....SOLD
Post by: Risso on July 02, 2019, 11:09:38 AM
The Times piece is a bit sensationalist. The PL have been provided with our accounts and will be required to sign them off as compliant.

As a part of that, they will check if the related transfer of VP was at market value. We insist it was and we're compliant.



Exactly.  The ground will have been in at Fair Value in the audited accounts since forever anyway, with periodic revaluations, so as long as it's not hugely different from that, there will be no problem at all.  Absolute load of bollocks.
Title: Re: Villa Park.....SOLD
Post by: AsTallAsLions on July 02, 2019, 12:36:27 PM
It just wonít fucking go away, will it?
It seems that way. Weíre just a big club trying to reestablish ourselves. Whatís the problem EPL,EFL?

The problem is jealous twats like Steve Gibson who are all too aware that they are cash poor compared to other club owners so they are banging on about overspending and how good they are at being compliant in an effort to hide the fact that they can't compete in the transfer market. Effectively small man syndrome, but he obviously won't give up, and so long as people listen to him (the press, the league, whoever), the issue won't go away.

We're a perfect test case for him because we beat them in the Playoffs last year and went up this year in spite of financial hardship at the start of the season. He must have thought he'd won!
Title: Re: Villa Park.....SOLD
Post by: Jon Crofts on July 02, 2019, 12:48:27 PM
A perfect example of how the EPL & EFL allow supposedly fit and proper persons to buy and run football clubs, run them almost into the ground like our previous chancer did and when someone comes along and restructures with real resources and funding behind them, certain Chairmen, the EPL & EFL call foul & that's not fair.

I'd say they both (EPL & EFL) need to get their acts in order before pots start calling kettles black.
Title: Re: Villa Park.....SOLD
Post by: Hookeysmith on July 02, 2019, 01:06:48 PM
A perfect example of how the EPL & EFL allow supposedly fit and proper persons to buy and run football clubs, run them almost into the ground like our previous chancer did and when someone comes along and restructures with real resources and funding behind them, certain Chairmen, the EPL & EFL call foul & that's not fair.

I'd say they both (EPL & EFL) need to get their acts in order before pots start calling kettles black.

Add to that the fact that by passing any fit and proper test they allowed:

Shinawatra - Corrupt to hell and now living in exile to own Man City
Man United - to operate whilst in debt to an estimated Billion $'s to the Galziers
Arsenal to have "Visit Rwanda" as a sponsor - they were a country were Genocide was taking place not so long ago
That bat shit crazy Tan to take over at Cardiff
A certain hairdresser who now site in a Hong Kong jail for money laundering whilst alleged involvement with Triad gangs.

And they are concerned about us - FFS
Title: Re: Villa Park.....SOLD
Post by: Ger Regan on July 02, 2019, 01:37:52 PM
The Rwandan genocide was 25 years ago and is totally different to many of the other examples you've cited.
Title: Re: Villa Park.....SOLD
Post by: AV82EC on July 02, 2019, 03:26:02 PM
It just wonít fucking go away, will it?
It seems that way. Weíre just a big club trying to reestablish ourselves. Whatís the problem EPL,EFL?

The problem is jealous twats like Steve Gibson who are all too aware that they are cash poor compared to other club owners so they are banging on about overspending and how good they are at being compliant in an effort to hide the fact that they can't compete in the transfer market. Effectively small man syndrome, but he obviously won't give up, and so long as people listen to him (the press, the league, whoever), the issue won't go away.

We're a perfect test case for him because we beat them in the Playoffs last year and went up this year in spite of financial hardship at the start of the season. He must have thought he'd won!

Iím sorry but any man criticising others for the money they're spend then employing Tiny Penis to manage his football team deserves everything he gets.
Title: Re: Villa Park.....SOLD
Post by: Dazvillain on July 20, 2019, 11:40:52 PM
Pictures on twitter today from a guy showing and commenting that North stand having exterior makeover , new grey cladding and some claret effect outline.
I know all the shop and ticket office and academy are getting demolished but donít understand why they are being flattened for car parking temporarily . Why not re building straight away ?
Seems strange throwing money at north stand too .
Title: Re: Villa Park.....SOLD
Post by: KevinGage on July 21, 2019, 01:32:43 AM
Didn't see that. But did see that Gobbie Cabby bluenose questioning the moonlanding:

Quote
@gabbiecabbie
 5h5 hours ago
More
If Appollo 11 was travelling at 25 000 mph how come it took 4 days given the Moon is 252,000 miles away. Did they stop off at the services

50 years ago Nixon got signal  to talk to  the Astronauts on the Moon. I can't get a signal to talk to my Mrs when I'm in Solihul

That sort of thing.
Title: Re: Villa Park.....SOLD
Post by: purpletrousers on July 21, 2019, 02:51:20 AM
The Rwandan genocide was 25 years ago and is totally different to many of the other examples you've cited.

In what sense different Ger, as in significantly worse? 25yrs ago but absolutely current very very difficult repercussions, which are not all hidden from the public eye.
Title: Re: Villa Park.....SOLD
Post by: Risso on July 21, 2019, 03:15:14 AM
The Rwandan genocide was 25 years ago and is totally different to many of the other examples you've cited.

In what sense different Ger, as in significantly worse? 25yrs ago but absolutely current very very difficult repercussions, which are not all hidden from the public eye.

I think what he meant is that a country trying to rebuild itself possibly shouldn't be mentioned in the same breath as out-and-out crooks.
Title: Re: Villa Park.....SOLD
Post by: purpletrousers on July 21, 2019, 09:33:13 AM
The Rwandan genocide was 25 years ago and is totally different to many of the other examples you've cited.

In what sense different Ger, as in significantly worse? 25yrs ago but absolutely current very very difficult repercussions, which are not all hidden from the public eye.

I think what he meant is that a country trying to rebuild itself possibly shouldn't be mentioned in the same breath as out-and-out crooks.

Thereís limited stuff I can say publically, but itís not out of place in this list (for that reason at least) Iím very sorry to say.

eg https://www.channel4.com/news/rwandan-man-warned-about-threat-to-his-life

Is real/current , I can share more in DMs.
Title: Re: Villa Park.....SOLD
Post by: cdbullyweefan on July 21, 2019, 10:29:17 AM
This is a bizarre thing to obsess about. Trying to bring in money and investment to a recently wartorn country does not equate to support for genocide.

I'm pretty sure the Egyptian and American governments are no strangers to nefarious activities.

I'm more than happy to slag off those self-entitled, can't-be-arsed-to-stay-till-the-end-of-a-cup-final bourgeois twats Arsenal, but they've done nothing wrong here.
Title: Re: Villa Park.....SOLD
Post by: cheltenhamlion on July 22, 2019, 07:15:13 PM
Pictures on twitter today from a guy showing and commenting that North stand having exterior makeover , new grey cladding and some claret effect outline.
I know all the shop and ticket office and academy are getting demolished but donít understand why they are being flattened for car parking temporarily . Why not re building straight away ?
Seems strange throwing money at north stand too .

Villa Park is getting a multi million quid makeover this summer and I dont think the shop will be bull dozed either.
Title: Re: Villa Park.....SOLD
Post by: Smirker on July 22, 2019, 08:54:50 PM
I wonder what it will look like after this makeover. If we survive in the PL this season then #AnnounceTheNewNorthStand
Title: Re: Villa Park.....SOLD
Post by: cdbullyweefan on July 22, 2019, 09:05:21 PM
#Announcebonoassassination
Title: Re: Villa Park.....SOLD
Post by: London Villan on July 22, 2019, 09:38:12 PM
What are they doing to the ground then?
Title: Re: Villa Park.....SOLD
Post by: Dazvillain on July 22, 2019, 09:57:07 PM
What are they doing to the ground then?
See my message on previous page
Title: Re: Villa Park.....SOLD
Post by: London Villan on July 22, 2019, 09:59:03 PM
What the multi million ££ make over CL is referring too?
Title: Re: Villa Park.....SOLD
Post by: KRS on July 22, 2019, 11:05:39 PM
So itís just giving the North Stand exterior a facelift or is there more going on? If the Villa shop and ticket office are being knocked down then will there be temporary replacements or online only?
Title: Re: Villa Park.....SOLD
Post by: Smirker on July 22, 2019, 11:18:46 PM
What are they doing to the ground then?
See my message on previous page

Do you have the link to the tweet?
Title: Re: Villa Park.....SOLD
Post by: PeterWithesShin on July 22, 2019, 11:29:33 PM
I've seen this pic online

(https://pbs.twimg.com/media/D_7JwNpXoAA2zTA.jpg)
Title: Re: Villa Park.....SOLD
Post by: Smirker on July 23, 2019, 06:56:33 AM
Thanks PWS.
Title: Re: Villa Park.....SOLD
Post by: Hookeysmith on July 23, 2019, 01:30:35 PM
When I went to the shop last week the dirty grey bits of concrete looked like they had been acid jet washed rather than cladding - although I could be wrong
Title: Re: Villa Park.....SOLD
Post by: Hookeysmith on July 23, 2019, 01:35:07 PM
The Rwandan genocide was 25 years ago and is totally different to many of the other examples you've cited.

In what sense different Ger, as in significantly worse? 25yrs ago but absolutely current very very difficult repercussions, which are not all hidden from the public eye.

My point was not about Rwanda exactly or specific atrocities but more the fact that a Premiership football team is sponsored by a country that once implemented Genocide on some of its population.

Although it is reverse advertising the Paddy Power push at the moment (mainly to get rid of all the OTHER betting sponsors) has some merit if it does actually get far east betting sites removed.

I long for the days of honest sponsors like

Photocopiers
Yoghurt suppliers
Beer providers
Title: Re: Villa Park.....SOLD
Post by: Smirker on July 23, 2019, 01:57:43 PM
We should be sponsored by Cadbury. Absolutely massive company worldwide. Get it done Wes/Nassef.
Title: Re: Villa Park.....SOLD
Post by: pauliewalnuts on July 23, 2019, 02:40:39 PM
The Rwandan genocide was 25 years ago and is totally different to many of the other examples you've cited.

In what sense different Ger, as in significantly worse? 25yrs ago but absolutely current very very difficult repercussions, which are not all hidden from the public eye.

My point was not about Rwanda exactly or specific atrocities but more the fact that a Premiership football team is sponsored by a country that once implemented Genocide on some of its population.

Although it is reverse advertising the Paddy Power push at the moment (mainly to get rid of all the OTHER betting sponsors) has some merit if it does actually get far east betting sites removed.

I long for the days of honest sponsors like

Photocopiers
Yoghurt suppliers
Beer providers

I don't really see how breweries are much more reputable than bookies if we are talking about acceptable shirt sponsors.
Title: Re: Villa Park.....SOLD
Post by: luke95 on July 23, 2019, 02:44:24 PM
We should be sponsored by Cadbury. Absolutely massive company worldwide. Get it done Wes/Nassef.

For the people that actually work there it's probably best we leave Cadbury well alone.
Title: Re: Villa Park.....SOLD
Post by: Hookeysmith on July 23, 2019, 03:39:48 PM
The Rwandan genocide was 25 years ago and is totally different to many of the other examples you've cited.

In what sense different Ger, as in significantly worse? 25yrs ago but absolutely current very very difficult repercussions, which are not all hidden from the public eye.

My point was not about Rwanda exactly or specific atrocities but more the fact that a Premiership football team is sponsored by a country that once implemented Genocide on some of its population.

Although it is reverse advertising the Paddy Power push at the moment (mainly to get rid of all the OTHER betting sponsors) has some merit if it does actually get far east betting sites removed.

I long for the days of honest sponsors like

Photocopiers
Yoghurt suppliers
Beer providers

I don't really see how breweries are much more reputable than bookies if we are talking about acceptable shirt sponsors.

Then I suppose no Yoghurt  for the lactose intolerant :)