Continuing the saga of the £90M and why I have decided to look at the last set of accounts (until May 2012) and check the debt. The relevant section is as below
Now last season I do not have expected the debts to have gone any higher and if so it will be marginal, so these things we should note.
– Total debt is £122M, however some of this will be ongoing payments for players
– Only £14M is due to be paid on demand or within a year, likely to be the overdraft
– Only £37M is due to be paid between 2013 and 2016, I believe most of that is due in 2016
– The vast majority (£79M) is due after 5 years and this would be mainly 2018 and are the original loan notes from the trust
If the money has gone in from Randy to pay off the debt then as you can see it likely would pay off all the trust owned money and therefore any sale all the money goes to the trust and Randy.
This £90M was not needed this year as some speculated and if all of it was to pay off say the Bank overdraft (£8M) and the £79M for long standing loan notes does that not get to nearly £90M ?
Then think how saleable the club is then with very small debts of around £25M and no bank overdraft ?
Ian, makes sense to me, but you already know my take on it. It’s already a done deal, I’m beginning to think its a summer take over so plenty of time for all adjustments to be made, and a rise in ST sales would be imminent, as when Doug sold to Randy
If that were the case VTID surely thenew ‘owners’ would allow the purchase of players to ensure ‘their’ club was still in the Prem for 14/15 season?
We don’t want a Cardiff situation where we have change shirts etc just for a new owner that wants us to survive and nothing more
Or become Villa Red Bulls…
hit ?
Well straight from faulkner a mouth. We are making progress and lambert is great and wev made a big improvement. No further signings this month reading between lines. We are fucked. http://www.mirror.co.uk/sport/football/news/aston-villa-fan-frustration-paul-3022097?
Yes part of you are right, it’s only my gut feeling about already sold, I’m just making reasonable arguments as to why all this money and share things are happening, but I also think there’s a gamble which sees Villa as not being relighted with the current level of players, purely because there are worse teams, and the league table proves this.
It all points to an imminent sale (sometime this calendar year) however I’d be shocked if it was truly Red Bull. I would imagine it would just be yet another billionaire who wants a play thing.
Let’s not forget there are still plenty of billionaires without a football club so plucking Red Bull out is just totally random IMO.
I hope it’s not Red Bull but IF it was then we must stand by our team, whoever that may be 😛
Let’s hope of true we get someone that gets the club challenging at the top again otherwise we may as well keep Lerner
Ooh I submitted an article earlier any chance it might get an airing?
Of course
Just published mate
No billionaire would have any more ‘feel’ for the club than Red Bull would and certainly wouldn’t have their sporting knowledge and bank balance.
If it’s Red Bull Park who cares still be Villa Park to me and the rest just like we still have the Witton Lane Stand.
Either we want to challenge and go for broke or we don’t ….. sit back, yo-yo the leagues and keep quiet then?
I didn’t say they’d have any more or less feel for Villa, I just meant that there is more than one potential buyer that’s all.
I’d back Red Bull if it happened as I’m sure many of other fans would if it got us success. Football has gone beyond history and tradition now unfortunately. If we wish to compete in this biggest league in the world then we need a LOT of money. Otherwise we get relegated eventually and then we’d moan again and again.
Fans will never be happy, however I am confident that if Lerner does sell then we will all be happy, albeit briefly 🙂
This comes from the Everton forum toffeeweb it says ‘The Austrian-based energy drinks firm are on the look-out for a suitable club, with Anglophile coach Ralf Rangnick, sporting director of Red Bull Salzburg, supposedly heading the search’
‘The company’s sporting assets also include two Formula One teams: Red Bull Racing and Scuderia Toro Rosso. Nixon claims coach Rangnick has been tasked to find a club in England for their latest move into ownership.
Nixon writes that ‘an insider’ in the deal said: “Red Bull want a team to take into the Champions League it says Ideally this would be in the London area, but both Everton and Liverpool interest them too because it would not take much to get them to that level.
“They have looked at the Championship,
can not think of too many clubs that fit the bill really but that rules us out if true and I would be glad.
Always London… Henry will never sell Liverpool.
Given that search criteria the best options would be Everton or West Ham. If West Ham survive this season I would put money on them given their new stadium deal.
Or maybe spurs wouldn’t take much to them to next level
This is really old news recycled bullshit. I read exactly the same in nov/dec.
when was that statement made.
if it is still considering liverpool a target, then it may predate FSG takeover or possibly even hicks and gillet takeover?
In terms of getting a team into the champions league, Everton have been closer to that than we have for about 30 years bar the odd blip
I read that statement ages ago…i think it was early November!
Matt the statement from Everton dates back to the 12/13 November 2013. It also mentions Leeds. This has been superseded by further reports linking HOULLIER as Red Bull sports lead and VILLA.
Nothing has been made formal no comments from RED BULL.
One thing this situation shows for sure LERNER has no ambition, does not care and will not spend money.
If we are not being sold the futures the championship maybe even league 1
Yeah that article quoted from the Everton forum is infact a copy of this article from the mirror here>>> http://www.mirror.co.uk/sport/football/news/red-bull-looking-buy-english-2366075
Which was written in early October..so around four months ago. After that there were whispers that Red Bull were in for Leeds but that faded too…since then it’s been ALL Villa..
But anyway Ian keep bringing the heat mate..it all seems to be adding up. You spoke about the the Holt transfer and randy not putting up funds, and low and behold tonight rumours are going arund there we might get ANOTHER loan in the form of Steven Defour..it seems like any signings this window may be loans which would mean Lerner wouldn’t have to spend additional funds before he sells.