Randy Lerner

[Mister E]

And if that is true he will have no choice other than to cut his losses massively to sell up.  By the way was I dreaming yesterday or did I see a quote from Ellis saying the club was valued at £115m when he sold it?  Lerner won't even get that for it now.

It might have been $115m as that equated to about £65m at the time.  Currently, the $115m would equate to about £80m.

It was quoted in £££ by Ellis in a recent article in whcih he was expressing his disappointment.
Which doesn't obviate the point of your post: I'm sure that he might confuse $ with £ either mistakenly or disingenuously.

[dave.woodhall]

It might have been worth £115 million at flotation but we all know what happened after that.

[old man villa fan]

It might have been worth £115 million at flotation but we all know what happened after that.

For a man that knew how much money he made on each meat pie, you could not see Ellis selling for £50m less than it was worth.  As you say, different times.  As we know, the value of a football club on paper is irrelevant when you are selling, it is only worth what somebody will pay for it.

[ChicagoLion]

These are the sort of people that only come on to the battlefield when fighting is over to shoot the wounded.
Cowards.

Do you know how General Krulak earned his Silver Star?
Hint - it wasn't through shooting wounded on the battlefield when the battle is over or for being a coward.

you are right, my comments were inappropriate and I apologise for any offence.
Spare a thought for those people who have lost thier jobs though.

[Malandro]

These are the sort of people that only come on to the battlefield when fighting is over to shoot the wounded.
Cowards.

Do you know how General Krulak earned his Silver Star?
Hint - it wasn't through shooting wounded on the battlefield when the battle is over or for being a coward.

you are right, my comments were inappropriate and I apologise for any offence.
Spare a thought for those people who have lost thier jobs though.

I'd say insulting and offensive. Not sure what the jobs have to do with it.

[ChicagoLion]

These are the sort of people that only come on to the battlefield when fighting is over to shoot the wounded.
Cowards.

Do you know how General Krulak earned his Silver Star?
Hint - it wasn't through shooting wounded on the battlefield when the battle is over or for being a coward.

you are right, my comments were inappropriate and I apologise for any offence.
Spare a thought for those people who have lost thier jobs though.

I'd say insulting and offensive. Not sure what the jobs have to do with it.

i have done something which is pretty rare on here and admitted that I was wrong and apologised , if that isn't enough for you, so be it.
I will leave it there.

[ChicagoLion]

Krulak and his puppet master have been shown up for what they are.
They won't be communicating with the fans anytime soon.
They are now in full retreat without the dignity or ability to raise themselves for any skirmish or to face the situation they have created.

And the bravest thing you've ever done is?

you would be surprised, but I am not about to give you ammunition.

I don't need any. You've already said more than enough.

i guess picking on posters for being angry is pretty brave.

If you don't like being called out for what you said then don't say it.

[Malandro]

These are the sort of people that only come on to the battlefield when fighting is over to shoot the wounded.
Cowards.

Do you know how General Krulak earned his Silver Star?
Hint - it wasn't through shooting wounded on the battlefield when the battle is over or for being a coward.

you are right, my comments were inappropriate and I apologise for any offence.
Spare a thought for those people who have lost thier jobs though.

I'd say insulting and offensive. Not sure what the jobs have to do with it.

i have done something which is pretty rare on here and admitted that I was wrong and apologised , if that isn't enough for you, so be it.
I will leave it there.

Fair enough. Having been retired through injury, I guess I'm over sensitive sometimes. 

[in exile]

Spare a thought for those people who have lost thier jobs though.

Hear hear

[pelty]

If you knew the entire story, and the actions of Bernstein and King, you might understand why thing went down the way they did. The offensive emails are the tip of the iceberg. I have long stated that I think RL has made some huge mistakes along the way and think he has more than his share of the blame in this horror story. How can he not? But there are two sides to every story and that is certainly the case in this latest episode; in this particular instance, I think Randy showed a great amount of restraint, believe it or not, prior to the firings resignations, and an equal share in the last day or so after these two showed their class by airing it all to the press. How some here on the boards can not read the tea leaves and see just what sort of men these two are for behaving in this disgraceful manner is beyond me. I suppose there is so much hatred of RL that they cannot see clearly, and I get that even if I think it is only partially fair, but if airing dirty laundry in the press does not say something to you about the egos of these two "men," I am not sure what to say.

This narrative that my father up and left when the going got tough is unfair as well - no surprise I would say that - the timing looked bad, but the reality is that he became the president of a college that was about to be shuttered and was close to $100 million in the hole. His remit was to stop the dam from bursting in a year and then get the college on firmer footing over the next two all while an accreditation group was standing at the executioner's block. He tirelessly traveled and spoke to all who would listen so as to raise money and get the college solvent. To say this took all of his time is not an understatement and this is why he left, plain and simple. It was certainly not because he was cowardly or felt shame in some way, which is a pathetic suggestion. Also, he has never been and will never be involved in football operations, so for those who think his presence on the board is somehow negatively affecting football decisions, this is not a role he fills, and rightly so.

I am not really going to say more about this, but I thought some of the comments towards him were unnecessary and I would simply say that the boardroom issues are more thorny than some have suggested, though others have been fairly close to the truth, but not nearly cynical enough about the actions of the two former board members.

[GarTomas]

If you knew the entire story, and the actions of Bernstein and King, you might understand why thing went down the way they did. The offensive emails are the tip of the iceberg. I have long stated that I think RL has made some huge mistakes along the way and think he has more than his share of the blame in this horror story. How can he not? But there are two sides to every story and that is certainly the case in this latest episode; in this particular instance, I think Randy showed a great amount of restraint, believe it or not, prior to the firings resignations, and an equal share in the last day or so after these two showed their class by airing it all to the press. How some here on the boards can not read the tea leaves and see just what sort of men these two are for behaving in this disgraceful manner is beyond me. I suppose there is so much hatred of RL that they cannot see clearly, and I get that even if I think it is only partially fair, but if airing dirty laundry in the press does not say something to you about the egos of these two "men," I am not sure what to say.

This narrative that my father up and left when the going got tough is unfair as well - no surprise I would say that - the timing looked bad, but the reality is that he became the president of a college that was about to be shuttered and was close to $100 million in the hole. His remit was to stop the dam from bursting in a year and then get the college on firmer footing over the next two all while an accreditation group was standing at the executioner's block. He tirelessly traveled and spoke to all who would listen so as to raise money and get the college solvent. To say this took all of his time is not an understatement and this is why he left, plain and simple. It was certainly not because he was cowardly or felt shame in some way, which is a pathetic suggestion. Also, he has never been and will never be involved in football operations, so for those who think his presence on the board is somehow negatively affecting football decisions, this is not a role he fills, and rightly so.

I am not really going to say more about this, but I thought some of the comments towards him were unnecessary and I would simply say that the boardroom issues are more thorny than some have suggested, though others have been fairly close to the truth, but not nearly cynical enough about the actions of the two former board members.

For those that don't know the entire story, pray tell.

[villadelph]

who's your father?

[PeterWithesShin]

who's your father?

His dad is General Krulak.

[GarTomas]

who's your father?

His dad is General Krulak.

Scum?

[ciggiesnbeer]

Thank you for posting that Pelty.