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Author Topic: Villa Park.....SOLD  (Read 13284 times)

Offline pauliewalnuts

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Re: Villa Park.....SOLD
« Reply #30 on: June 28, 2019, 11:09:39 PM »
If you want a laugh at some thick fucking idiots, check out the thread on this on smallcockalliance.com

Obviously, they have a special thread every time we so much as sign someone.
« Last Edit: June 28, 2019, 11:11:12 PM by pauliewalnuts »

Offline hilts_coolerking

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Re: Villa Park.....SOLD
« Reply #31 on: June 28, 2019, 11:14:10 PM »
Edens and Sawiris fund NSWE Stadium Ltd with £60m of their own money. NSWE Stadium Ltd pay Aston Villa FC Ltd (or whatever our holding company is called) £60m to buy the stadium. Aston Villa FC Ltd now have an added income of £60m on the books and therefore reduce their losses and pass FFP. NSWE Stadium Ltd have -£60m on their books, but that does not matter, because they are not subject to FFP. They are a seperate company.

It is basically a really, really transparent way for Edens and Sawiris to get money into the club. A little bit like selling massively overvalued naming rights (Man City).

I am just glad we have owners with enough money to do this to avoid us getting shafted over finances. They have, apparently, done this at a figure which is just right to get us out of the shit whilst not looking insanely dodgy (apparently Derby did the same thing except for a higher figure which attracted way more suspicion).

Ta very much.

Offline olaftab

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Re: Villa Park.....SOLD
« Reply #32 on: June 28, 2019, 11:28:43 PM »


What i don't understand is .. who have they bought it from ?

Don't they already own it ?

When they bought the club surely Villa Park was part of the deal if not who owns it ?

Itís called capitalism and itís bollocks. Philip Greenís wife owns his businesses and lives in Monaco, Facebook and Amazon pay less tax than me. Apparently, this is a really good way of generating a huge amount of money and the crumbs thereof landing on our plates mean that it is entirely in our interests.
Of course NSWE have bought the stadium and not the pitch and the grass thereby attached to it. Next season hopefully they will buy the pitch and the grass for another £60M😉

Offline Louzie0

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Re: Villa Park.....SOLD
« Reply #33 on: June 28, 2019, 11:39:55 PM »
And corner flags, goalposts and nets, paint on the lines and the dugout shed ( with water bottles and seats) could be another nice little earner  :D

Offline tomd2103

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Re: Villa Park.....SOLD
« Reply #34 on: June 29, 2019, 12:57:44 AM »
If you want a laugh at some thick fucking idiots, check out the thread on this on smallcockalliance.com

Obviously, they have a special thread every time we so much as sign someone.

Why even bother with them.  They are firmly in our rear view mirror now and best left to heavyweight intellectual debates with their new tenants about who hates us more.

Offline eamonn

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Re: Villa Park.....SOLD
« Reply #35 on: June 29, 2019, 01:06:47 AM »
If this was the silver bullet for our FFP worries, would we have been in the shit otherwise?  I mean before this story broke what were the best guesses for Purslow being so confident that our finances were OK?

Offline AsTallAsLions

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Re: Villa Park.....SOLD
« Reply #36 on: June 29, 2019, 01:29:29 AM »
If this was the silver bullet for our FFP worries, would we have been in the shit otherwise?  I mean before this story broke what were the best guesses for Purslow being so confident that our finances were OK?

I had always assumed it was compensation for the HS2 rail link bisecting Bodymoor Heath tbh....

Offline London Villan

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Re: Villa Park.....SOLD
« Reply #37 on: June 29, 2019, 06:33:12 AM »
What are the plans after the demolition of the shop and the academy building?

Offline Lsvilla

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Re: Villa Park.....SOLD
« Reply #38 on: June 29, 2019, 06:59:41 AM »
If this was the silver bullet for our FFP worries, would we have been in the shit otherwise?  I mean before this story broke what were the best guesses for Purslow being so confident that our finances were OK?

I had always assumed it was compensation for the HS2 rail link bisecting Bodymoor Heath tbh....
Me too. Maybe that funds the purchase of Messi, Ronaldo and Neymar in January

Offline Scratchins

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Re: Villa Park.....SOLD
« Reply #39 on: June 29, 2019, 07:42:00 AM »
If my memory is right last summer the club bought out a raft of leases including, amongst others,  a semi detached house in Great Barr and Villa Park. If so, in recent history we have only owned the stadium for a year. Can anyone verify and explain this?

Offline Ads

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Re: Villa Park.....SOLD
« Reply #40 on: June 29, 2019, 09:13:24 AM »
We have held the freehold since 1897 for Villa Park. It was just mortgaged. I haven't looked at Land Reg, and I'm not spending £3, but I imagine we now have a long term, maybe 999 year, lease.

Offline old man villa fan

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Re: Villa Park.....SOLD
« Reply #41 on: June 29, 2019, 09:29:18 AM »
I have never had a problem with owners investing money in a football club, provided that it is not just money loaned to the club and I think FFP should reflect this.  Say an owner buys a club for £50m and invest another £50m in capital and the only way he can get it back is by selling the club or from profits (generally minimal in football) and in the future he wants to sell the club and it is only worth £50m, the loss is down to the owner and his poor investment.  The club has had a windfall and ends up back in the same position.  The owner is £50m worse off but the club is back in the same position.
« Last Edit: June 29, 2019, 11:37:21 AM by old man villa fan »

Offline Risso

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Re: Villa Park.....SOLD
« Reply #42 on: June 29, 2019, 11:30:37 AM »
Here you go legal types:

Title Number : MM120255
This title is dealt with by HM Land Registry, Coventry Office.
The following extract contains information taken from the register of the above title
number. A full copy of the register accompanies this document and you should read that
in order to be sure that these brief details are complete.
Neither this extract nor the full copy is an 'Official Copy' of the register. An
official copy of the register is admissible in evidence in a court to the same extent
as the original. A person is entitled to be indemnified by the registrar if he or she
suffers loss by reason of a mistake in an official copy.
This extract shows information current on 29 JUN 2019 at 11:27:28 and so does not take
account of any application made after that time even if pending in HM Land Registry
when this extract was issued.
REGISTER EXTRACT
 Title Number
Address of Property
Price Stated
Registered Owner(s)
Lender(s)
: MM120255
: Villa Park, Trinity Road, Birmingham (B6 6HE)
: £56,700,000
: NSWE STADIUM LIMITED (Co. Regn. No. 10883540) of Villa Park, Trinity Road, Birmingham B6 6HE.
: None
1 of 3

Title number MM120255
This is a copy of the register of the title number set out immediately below, showing
the entries in the register on 29 JUN 2019 at 11:27:28. This copy does not take account
of any application made after that time even if still pending in HM Land Registry when
this copy was issued.
This copy is not an 'Official Copy' of the register. An official copy of the register
is admissible in evidence in a court to the same extent as the original. A person is
entitled to be indemnified by the registrar if he or she suffers loss by reason of a
mistake in an official copy. If you want to obtain an official copy, the HM Land
Registry web site explains how to do this.
A: Property Register
This register describes the land and estate comprised in
the title.
 WEST MIDLANDS : BIRMINGHAM
 1      (14.02.2019) The Freehold land shown edged with red on the plan of the
        above title filed at the Registry and being Villa Park, Trinity Road,
        Birmingham (B6 6HE).
 2      (14.02.2019) The land has the benefit of the following legal easements
        reserved by a Conveyance of 4 Nelson Road dated 8 June 1979 made
        between (1) Aston Villa Football Club (Vendor) and (2) James Farrell
        (Purchaser) but is subject to the following rights that are granted by
        the said deed and affect the registered land:-
        "Together Also with the benefit of all rights of light and air drainage
        way passage support and other quasi-easements of a continuous nature
        hitherto used enjoyed exercised and enjoyed in respect of the property
        through over or under the adjoining or neighbouring property now or
        formerly of the Vendor EXCEPTING AND RESERVING unto the Vendor and all
        persons authorised by it the like rights of light and air drainage way
        passage support and other quasi easements of a continuous nature now or
        hitherto used exercised or enjoyed in respect of the other adjoining or
        neighbouring properties of the Vendor through over or under the
        property and any services jointly used being maintained at the joint
        expense of the respective owners for the time being."
 3      (14.02.2019) The land has the benefit of the following legal easements
        reserved by a Conveyance of 6 Nelson Road dated 4 June 1982 made
        between (1) Aston Villa Football Club PLC (Vendor) and (2) Akbar Jan
        (Purchaser) but is subject to the following rights that are granted by
        the said deed and affect the registered land:-
        "TOGETHER with the benefit of and subject to all party walls and fences
        support of walls sewers drains spouting rights of way water light air
        and drainage and any other privileges or advantages in the nature of
        easements (if any) as are now enjoyed or suffered (all which but for
        the fact that the property hereby conveyed and the adjoining properties
        have belonged to the Vendor would be enjoyed or suffered by the owners
        or occupiers of the property hereby conveyed) in common with the owners
        or occupiers for the time being of the said adjoining properties of the
        Vendor and the adjoining owners or occupiers and the persons deriving
        title under them paying a proportionate part of the expense of keeping
        such party easements in proper repair and condition."
B: Proprietorship Register
This register specifies the class of title and
identifies the owner. It contains any entries that
affect the right of disposal.
Title absolute
 1      (06.06.2019) PROPRIETOR: NSWE STADIUM LIMITED (Co. Regn. No. 10883540)
        of Villa Park, Trinity Road, Birmingham B6 6HE.
 2      (06.06.2019) The price stated to have been paid on 21 May 2019 for the
        land in this title and in WM193792, WM594506 and WM617783 was
2 of 3

Title number MM120255
B: Proprietorship Register continued £56,700,000.
3      (06.06.2019) The Transfer to the proprietor contains a covenant to
       observe and perform the covenants by the landlord contained in the
       leases referred to in the schedule of notices of leases and of
       indemnity in respect thereof.
C: Charges Register
This register contains any charges and other matters
that affect the land.
1      (14.02.2019) An Indenture afecting the land tinted pink on the title
       plan dated 31 July 1911 made between (1) Ansells Brewery Limited
       (Vendor Company) and (2) The Aston Villa Football Club Limited
       (Purchaser Company) contains restrictive covenants.
       ¨NOTE:-Copy filed.
2      (14.02.2019) An Agreement dated 6 June 2000 made between (1) Birmingham
       City Council and (2) Aston Villa PLC pursuant to section 106 of the
       Town and Country Planning Act 1990 contains covenants.
       ¨NOTE: Copy filed.
3      (14.02.2019) The parts of the land affected thereby are subject to the
       leases set out in the schedule of leases hereto.
       The leases grant and reserve easements as therein mentioned.
4      (14.02.2019) Land Charges registration number 19076 dated 2 February
       1971 protecting Land Charge Class C(I) against Aston Villa Football
       Club Limited.
       No further particulars were supplied on first registration.
Schedule of notices of leases
1      14.02.2019
       Edged and
Electricity sub-station,
Witton Lane, Birmingham
27.03.2014
999 years from
27.03.2014
MM34080
       numbered 1 in
       blue
       NOTE: The lease contains also other land.
End of register
3 of 3

Offline Damo70

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Re: Villa Park.....SOLD
« Reply #43 on: June 29, 2019, 11:41:45 AM »
It is a way around FFP and a way for the owners to inject money into the club for the benefit of the club. Clever owners who are wealthy enough to do this kind of thing will do it. The less wealthy and less savvy owners will complain about it. Again the clever owners will make sure they haven't broken any rules where some owners will come a cropper if they have broken rules.

I am off to Small Heath Alliance now to have a laugh at their reaction. I will be disappointed if their thread on this subject isn't already at least ten pages long.

Offline cdbullyweefan

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Re: Villa Park.....SOLD
« Reply #44 on: June 29, 2019, 12:04:21 PM »
If we have non-footballing events at Villa Park, eg boxing matches or Take That concerts, I assume this means Villa no longer get any of the money?

 


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