Randy Lerner

[Rip Van We Go Again]

Greg returns = 30 pages by this time tomorrow.

Probably. Because people actually take his views at face value and fail to realise he's on a huge wind up.

[Dave Clark Five]

He hasn't run any business,that's part of the problem.

You're right - he's not a businessman, he's a benefactor.  Which is a hell of a lot better than our previous Chairman who was in it for personal profile & gain, the good of the club coming way down his list of priorities.

how is it better?
How much do we owe him in loans again?

It's better because he's putting money in to the club whereas the last chairman was taking money out of the club.

If the club owes Lerner money what does it matter?  He can't call it in as the club doesn't have the money.  So he chooses not to put any more in - that was how Herbert ran the club.

This is the thing that I struggle with. Lerner buys the club from Ellis but borrows money from the club. Who are 'the club'? I thought that was what Lerner had bought so how can he borrow money from it.

Regarding Doug Ellis. We used to see a set of accounts every year. Did anybody expect a Chairman, running a business, to throw millions of pounds of his own money into it? His job was to at least balance the books. The day when everyone needs someone like Abramovich as Chairman (or whatever title he has) is the day to pack up.
 

Hes back

I've never gone away.

[bertlambshank]

Greg returns = 30 pages by this time tomorrow.

Probably. Because people actually take his views at face value and fail to realise he's on a huge wind up.

Nothing wrong with his first post back.

[Whiney MacWhineface]

This is the thing that I struggle with. Lerner buys the club from Ellis but borrows money from the club. Who are 'the club'? I thought that was what Lerner had bought so how can he borrow money from it.

The club, which is owned by Lerner, has been lent money, by Lerner, at a certain rate of interest, to be repaid at a certain date.

A sizeable chunk has been put into the club by Lerner's Trust in the form of shares rather than loans, and at least one year the loans were interest free. All the same the biggest chunk is attracting interest at those oh-so-not-rigged LIBOR rates plus 1% or 1.5% plus management fees. I've posted links to these in the past but can barely be arsed to type let alone find them again :-)

[hawkeye]

Like a grizzly old cowboy, he saunters into town looking for another turn of the wheel, he hears they are playin his tune down at the last chance saloon.

[Eigentor]

There's little doubt that there's an air of amateurishness in the way the club is run.

One example is appointment of managers. Alex McLeish was appointed because of his likeableness, perhaps even because Alex Ferguson recommended him. And while I supported the appointment of Lambert, I remember one of the (main) reasons for appointing him was that he was the man the fans wanted. It seems as if the actual capability of doing a good job hardly comes into the equation.

[Des Little]

It's rapidly becoming a shambles, if it isn't already. I'm not sure anyone at the club has a plan of any kind and the end result is what we have now.  All aboard the Aston Titanic.

[Clark W Griswold]

Lerner out. That is all.

[pelty]

So much ignorance on this page that it is hard to know where to begin, but if you really think that the board chose Lambert "because it is what the fans wanted," then you are past reasoning with.

But I agree that there is no excuse for the AM appt. Before that, when MON left us deep in it, I thought the Houllier appt had potential, esp considering all the available options at the time. He might have been on the right track, but the heart issues means we will never know for certain.

[Yossarian]

So Mr Pelty when has Mr Lerner ever been successful?

[JD]

I was happy when Randy bought the club and have backed him from the time it all started going tits up from the time O'Neill walked out. This evening though Randy is at a crisis point. If he wants to protect his investment he has to back his manager and provide enough funds next month to get us out of this terrible mess we're now in. If he doesn't he is 1) a poor businessman and 2) no longer cares about the club because the team as it stands is going to be relegated. We have a defence that can't defend, an attack that can't score and a midfield that can't protect the defence nor provide chances for the strikers. We've hit rock bottom but amazingly we've not yet been cut adrift. Decisive leadership now can still turn the season round. Failure to take it cannot be an option.

Excellent post Sir.

That's exactly how I see it. This transfer window is make or break for Villa. C'mon Randy show some leadership. 

[Greg N'Ash]

well i have a lot of sympathy with you pelty but at the end of the day, however uncrap you think randy's been, its pretty obvious he's pissed loads of money up the wall for no return. i'd suggest if he wants to continue hands off he gets in football people instead of the likes of faulkner who lets face it should be running an Aldi supermarket somewhere. His wallet at least will feel better for it,.

[bertlambshank]

So much ignorance on this page that it is hard to know where to begin, but if you really think that the board chose Lambert "because it is what the fans wanted," then you are past reasoning with.

But I agree that there is no excuse for the AM appt. Before that, when MON left us deep in it, I thought the Houllier appt had potential, esp considering all the available options at the time. He might have been on the right track, but the heart issues means we will never know for certain.

Are you ever going to post on here without sounding arrogant?

[themossman]

So much ignorance on this page that it is hard to know where to begin, but if you really think that the board chose Lambert "because it is what the fans wanted," then you are past reasoning with.

But I agree that there is no excuse for the AM appt. Before that, when MON left us deep in it, I thought the Houllier appt had potential, esp considering all the available options at the time. He might have been on the right track, but the heart issues means we will never know for certain.

15 goals in 3 games, after the shit we've persevered with over the last 2 years, and you dare to question the attitude of the fans?

[bertlambshank]

This is what you posted on Oct 21st.
You seem to forget that MON left five days before the season and managers of any quality were not available. Houllier had a pedigree, at least, which was more than could be said for most of the managers queueing up for the job. Now, RL blew it with AM, no doubt...
It's almost word for word.