Bernstein and King Resign from the Board

[PeterWithe]

And if those rumours are right about going because of Moyes not getting assurances all I can say is........Lerner you are a fuckin bluenose basted.

I'm finding it hard to believe that both of them would have walked over Moyes and that only, he wouldn't have been the only one discussed, if I were a betting man I'd go for something a bit wider ranging like there is no money for any manager.

[PeterWithe]

is this linked to krulak's reappearance on the board of late?

That did cross my mind as I wondered about the references to reporting lines in one of the resignation letters.

[ronshirt]

Those letters are lethal. Lerner's been made to look like a fucking schoolboy in the remedial class.

[Musicmaan]

"It is clear that the sale of the the club to a new owner must be bought about as soon as possible "

That's very telling isn't it. Mervyn saying we have no chance with Lerner as an owner...

My take from both resignation letters is that Lerner has vetoed and blocked the implementation of the much needed reforms and restructuring that have been identified. He really is a stupid, stupid man.

Bernstein seems to be saying he has been stopped from doing what he was brought it in to do by the Owner. King agrees hence his "club needs a new owner asap".

I don't for 1 minute believe they resigned because of an imminent sale of the club. Until proven otherwise I think that is spin to deflect away from the shock resignations. Extensive negotiations do not mean a sale is going to happen. It is a very vague expression.

Bookies have drastically cut the odds on Villa dropping straight through to League 1. If Lerner is still the Owner next season this is a probability.

Just when you think things could not get any worse after relegation and we had a board structure in place for the first time in 10 years that gave hope for the future today happens.

Yes, all of this.

I think that 'extensive' is being read as 'advanced' which is a totally different thing altogether.

[Villafirst]

I think the ex Mrs Lerner had a lucky escape divorcing that arsehole. He's dragged this club to its knees. To think that prick owns every single share.  I miss the days when I owned a small piece of the club.

[SoccerHQ]

Pat Murphy just said we've dispensed with Merrill Lynch and Lerner would now happily take 75m for the club....so half of the perceived amount he wanted.

[London Villan]

It's a brilliantly executed resignation plan which totally undermines Lerner. That said he is stupid and petulant enough to lock the doors and wind up the club.

[Irish villain]

Only catching up now.

Can we finally please park for once and for all the notion that Lerner is some sort of benevolent character who is either unlucky or badly advised. He is the root cause of the demise of a footballing institution.

[saunders_heroes]

Murphy reckons Lerner will sell for £75m. Apparently we'll dispensed with Merrill Lynch who were trying to find a buyer.

[saunders_heroes]

Only catching up now.

Can we finally please park for once and for all the notion that Lerner is some sort of benevolent character who is either unlucky or badly advised. He is the root cause of the demise of a footballing institution.

He's poison.

[SamTheMouse]

It comes to something when the club is effectively being trolled by its owner.

[lordmcgrath5]

Not so bothered about King as he made a mess of the Bank of England and was only appointed because he's a fan.

I really don't think that's fair at all. He made some mistakes, definitely. But some good judgments as well.

[brian green]

Lerner has never in all his "business" life crossed swords with men of the calibre of King and Bernstein.  He though they were a couple of limey stooges and has had the biggest shock of his life.  As has just been said it is less likely that they would have mullered Lerner over the cost of Moyes.  Much more likely that there is no adequate money for any manager.

This time next week the club will be being run by Charles Krulak.

[eric woolban woolban]

I need to win the euromillions and fast

[SoccerHQ]

Only catching up now.

Can we finally please park for once and for all the notion that Lerner is some sort of benevolent character who is either unlucky or badly advised. He is the root cause of the demise of a footballing institution.

He's poison.

He is but at least he has seemingly reduced the asking price which is one of the things I've demanded for the last few weeks of him, it's something.

Surely they'll be a taker at 75m. We're at one of our lowest ebbs so surely a good opportunity for someone?