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Author Topic: The Takeover Thread - Recon Group - NOW WITH NEW POLL  (Read 2836458 times)

Offline silhillvilla

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I don't really get what the point of this statement was. He said we were up for sale before, which was understandable, but this? Why bother? I only want to hear one thing from him now which is 'we're sold.'

The thought that the players were back in training today with Lambert still in charge is depressing enough as it is without this message popping up everywhere reminding me what a chronic situation the club is in.
The statement was needed to bring some semblance of stability.

Offline BC54 VFC

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I suppose it comes down to a question of whether you think Randy would spend £20 million to protect a potential £150-180 million asset and I think the answer would be yes.

Another way of looking at it I guess, would be to ask how much is Lerner willing to spend to protect a potential £150-180 million asset; as little as possible.

Another way to look at it is would a potential new owner back out now because we've re-enforced the squad by 20m spend?

Nothing to worry about as far as I'm concerned.

I don't think so either.

From an accounting point of view, if he spends money on players this summer and the club is sold this season, or at least before the end of the tax year, then the value of the club will increase because there won't be any amortisation to take into account on those players in respect of their book value. So it's not a case of spend £20 million and lose it all.


I think that's wishful thinking, Ads. I would imagine the Club produces monthly management accounts - which would be viewed by any potential purchaser as part of their due diligence - and that amortisation of any new (player) purchases would take effect from the month after they are signed. The fiscal year-end , 5th April, has no relevance and the Club's financial year-end is 31st May. Sorry to sound critical, Ads, as you're one of my favourite posters, but I couldn't resist responding to a financially focused comment. 

Online lovejoy

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Call me naive but Randy comes across well with this statement.

Offline ozzjim

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I think you are all missing the point. Clearly thus is all just a giant ruse that Merson suggests, and are now off to the sales armed worth 60 million, Keane has been in on it all along and the new owners are not going to be announced until the wad is spent but the costs will be less.
« Last Edit: July 07, 2014, 10:04:30 PM by ozzjim »

Malandro

  • Guest
I think you are all missing the point. Clearly thus is all just a giant ruse that Merson suggests, and are now off to the sales armed worth 60 million, Keane has been in on it all along and the new owners are not going to be announced until the wad is spent but the costs will be less.

You've got Londonboy in your cellar haven't you? Bring out the gimp

Offline Dante Lavelli

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I suppose it comes down to a question of whether you think Randy would spend £20 million to protect a potential £150-180 million asset and I think the answer would be yes.

Another way of looking at it I guess, would be to ask how much is Lerner willing to spend to protect a potential £150-180 million asset; as little as possible.

Another way to look at it is would a potential new owner back out now because we've re-enforced the squad by 20m spend?

Nothing to worry about as far as I'm concerned.

I don't think so either.

From an accounting point of view, if he spends money on players this summer and the club is sold this season, or at least before the end of the tax year, then the value of the club will increase because there won't be any amortisation to take into account on those players in respect of their book value. So it's not a case of spend £20 million and lose it all.


I think that's wishful thinking, Ads. I would imagine the Club produces monthly management accounts - which would be viewed by any potential purchaser as part of their due diligence - and that amortisation of any new (player) purchases would take effect from the month after they are signed. The fiscal year-end , 5th April, has no relevance and the Club's financial year-end is 31st May. Sorry to sound critical, Ads, as you're one of my favourite posters, but I couldn't resist responding to a financially focused comment. 

If it's a monthly thing, then wouldn't the burden of the wages diminish at a corresponding rate so not all bad news? 
[not sure if you noticed but I do not understand this accountancy stuff].

Offline ChicagoLion

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This would indicate that this is not likely to happen for another 3 months at least.
Lerner knows that he has this transfer window to put the club into a position that it can be sold before January. I think there will be some money spent but don't expect any major signings.
Lambert will be well looked after and Keane is a fall back position.

Offline Bad English

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Another slightly confusing statement on the OS

Quote
This statement is intended to provide clarity regarding the status of the sale announcement I made in early May.

Over the last eight weeks we conducted a targeted process during which we explored the sale of the Club.

In advance of this process however, I committed to our Manager to become completely focused on the upcoming season should there be no agreement to sell by the time players and coaches return to training.

Given that no agreement has as of yet been reached, I feel that it is time now to turn my full attention back to Villa matters at hand.

While the sale process has been productive and remains ongoing, my priority at this point in the summer, heading into the upcoming season, is that the Villa organisation's sole focus be football - undistracted by any sales process.

Reverting to common practice, I do not intend to comment further on a potential sale or related rumours unless and until I have reached a definitive agreement to sell, at which time I will be prompt and clear.

Randy Lerner, Aston Villa Chairman

Roughly translates as 'I'm going back to doing nothing and saying nothing again'
I do not see the expression "going forward" in this statement; that is both refreshing and surprising.

Malandro

  • Guest
He's just playing hard ball with Ellison, anchultz, cisneros and Howard

Offline Sexual Ealing

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Just read on TBAR that Ramadan might be causing the hold up. It wasn't HH (PBUH) who said it though so I'm keeping an open mind.

Offline newtonsballs

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Offline Astral Weeks

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For me, sums it up nicely.
Indeed, well said. I think he echoed what we're all thinking.

Offline tomd2103

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Define "decent amount"? To me that's £35-40m and above.
I suspect we'll spend somewhere between £18-23m . A normal summer for us.

Which if spent wisely, should see us comfortably in mid-table next season. 

Offline IFWaters

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  • GM : Sep, 2012
Could LondonBoy BE Paul Merson ?

Offline bob

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Define "decent amount"? To me that's £35-40m and above.
I suspect we'll spend somewhere between £18-23m . A normal summer for us.

£18-25m would be decent to me.

No chance we'll spend that much in my opinion. I'd say under £10m.

 


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