Bernstein and King Resign from the Board

[croatian]

There's a good book and film in all this....

You know, I've been thinking this over the weekend. A well written book would be snapped up by not only Villa fans, but the wider football community, and also business people. The premise being "How not to....."

Randy, you've proven to be a pox and a plague.

[Steve67]

I wonder if Randy has reduced the price but decided to take the £40mill parachute payments with him, hence no budget being set yet and no Manager will yet agree to come in until the budget is sorted.

[gpbarr]

The sale thing is just a smoke screen to take some of the sting out of it.

There's no misinterpreting those resignation letters.

This club is an absolute laughing stock, a shambles.

The sooner this c*** sells up, the better.

It's amazing how we can all read what's going on in different ways

To me it's obvious that Lerner has bombed the new boards plans by telling them he's found a buyer

Time will tell I suppose

It just doesn't happen that way. Finding a credible, qualified, realistic buyer takes time, and then some to close a deal. Bernstein and King would have know about it were such a buyer in the wings. We can hope ... but thats all it is.
 

[Des Little]

This is more devastating than Saturday's confirmation. What now the futures of Hollis & Bevington?

[cdward]

This is bad news, God only knows what is going on, but I am not feeling very optimistic for the future.

[kippaxvilla2]

There was no mention of a possible sale in the accounts. A very quick turn around if there has been a change. The resignation letters don't hint that one is imminent, and they point the finger at one person. He needs to fuck off as far as possible from our club.

The accounts were signed off in September last year but, as is the norm not filed until the deadline date.  It said that there were no active negotiations at that time.  Doesn't mean there haven't been since, especially given that he is clearly going to cut his losses as this announcement would indicate.

[PhilVill]

Will the last person leaving switch the light off.

This,  with a shitty maladministration cock up at work (not Villa!!) and sine really bad personal news has put a shiny tin hat on today, fuck it, pub time.

keep smiling lads, we'll get through this

[JUAN PABLO]

obviously not far off being sold then Im thinking

My thinking is it is brand new interest, albeit serious. Every chance of falling through I would have thought.

I reckon its not far off being sold

but no idea why these two would leave

maybe agbonlahor has to stay in the deal

[Steve R]

King's letter is the more revealing. The sale looks to be a red herring, other than King seems to be saying that Lerner needs to go for Villa to prosper. Ether a recommendation has been refused, an appointment is being forced on them, or - most likely - the mantra is still 'money from sales only'.

Relegated clubs get one season immunity from League FFP rules. If ever there is a time to load the dice in our favour with a cash infusion it is now. Not just to get new players but to buy (or subsidise) out the dross. If we go into 17/18 season with the likes of Agbonlahor etc on the books they will be the millstone that drags us further down, with out without a points penalty.

If Lerner really is putting a cap on spending - and that would be my guess - then he is doing great damage to the club and needs to go.

Alternatively, a brief respite from both PL and League FFP rules is probably a great time to buy a club, and if we have to have dodgy owners, I'd rather have Leicester/Southampton/Bournemouth dodgy rather than Hong Kong's answer to Teazy Weazy.

[thick_mike]

Anyone got a link to the resignation letters?

[not3bad]

If anybody had any remaining doubts that Randy Lerner is an utterly toxic presence, and that Aston Villa will never recover while he is associated with the club, then those doubts are gone.

[E I Adio]

God forbid we end up with somebody even more pathetically inadequate than Lerner.

That would be quite an achievement.

[john e]

The sale thing is just a smoke screen to take some of the sting out of it.

There's no misinterpreting those resignation letters.

This club is an absolute laughing stock, a shambles.

The sooner this c*** sells up, the better.

It's amazing how we can all read what's going on in different ways

To me it's obvious that Lerner has bombed the new boards plans by telling them he's found a buyer

Time will tell I suppose

It just doesn't happen that way. Finding a credible, qualified, realistic buyer takes time, and then some to close a deal. Bernstein and King would have know about it were such a buyer in the wings. We can hope ... but thats all it is.
 

Not saying I am right just the way I'm reading it

[markeeeebeeee2005]

I wonder if Randy has reduced the price but decided to take the £40mill parachute payments with him, hence no budget being set yet and no Manager will yet agree to come in until the budget is sorted.

Can he do that? Is it legal? The parachute payments are there to stop clubs facing administration when they drop

[not3bad]

Anyone got a link to the resignation letters?

Please?