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 ?
Somewhat ironic that one of the adverts on H&V is for an equity release company.
Quote from: sirlordbaltimore on June 28, 2019, 06:40:20 PMWhat 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 we’ve been given a clean bill of health based upon recent meetings with the league, but I imagine the rules will be tweaked.
Quote from: frank black on June 28, 2019, 08:16:00 PMQuote from: sirlordbaltimore on June 28, 2019, 06:40:20 PMWhat 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 we’ve 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.
Ultimately, whose money is used to make this purchase and ultimately who does it go to?