Milan Mandaric is interested in taking over at Aston Villa and has already seen an offer knocked back, it can be revealed.BirminghamLive has been told that the former Portsmouth, Leicester City and Sheffield Wednesday owner registered his interest last month and followed it up soon after with a bid.It’s our understanding that Tony Xia spurned those advances in the hope of finding another way out of the financial mess that Villa currently find themselves in.A Mandaric-led consortium wanted 51 per-cent of control and were prepared to meet Xia’s financial demands.But they’re yet to make a breakthrough and are now understood to be weighing up the next move.Mandaric has taken over struggling football clubs in the past, earning him the nickname, Mr Fixit.At 79 years of age, he’s vastly experienced and is still involved in football as the president of Slovenian outfit Olimpija LjubljanaReasons for the latest rejection are yet to be revealed.Meanwhile, there has also been plenty of other interest in the club.As reported exclusively by BirminghamLive earlier this month, a blue-chip American firm saw a £30m bid for 30 per-cent of control knocked back.These figures also matched Xia’s financial demands and were only submitted after extensive research into what the owner was prepared to sacrifice.A takeover offer from the same group was also under consideration but never got to that stage due to the initial rejection.So why was it dismissed?Well, Xia claims in his statement that he didn’t know the ‘source of the money’ - yet it’s our understanding that it would have been made clear, had he asked.On top of that, finance experts have told BirminghamLive that regulations are put in place to prevent money laundering when dealing with high-profile exchanges of ownership and control.Therefore, any money that comes through the formal banking system, which these funds would have been, have to be vouched for by the bank that is sending it.So those claims in his statement remain a mystery.Another side to the story is that Xia would prefer to source investment from his homeland.His priority appears to holding onto the club, though, and finding a funding solution himself
Why would mandaric be bad?I thought he saved Wednesday and left when the time was right.He knows the English game and must have contacts.He can’t be as bad as the nightmare we have now?
Quote from: andyh on July 13, 2018, 08:05:14 PMWhy would mandaric be bad?I thought he saved Wednesday and left when the time was right.He knows the English game and must have contacts.He can’t be as bad as the nightmare we have now?Step aside Brucie its time for Milan’s dodgy pal ‘arry to take charge :-(
Quite apart from anything I just cannot believe the mass revisionism when it comes to the doctor who has now turned into the biggest pariah to ever own the club from mass messiah type recognition and woe betide anyone who went against him or had the timerity to question who the fcuk he was in 2016. Just sayin’ like.
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Topic: Tony’s Statement. (Read 322488 times)
