Ianrobo submitted the following;
I have always kept an eye on the financial reports at Villa. These reflect the true state of the situation at the club and any move could be significant.
Today, Reform Acquisitions Ltd, which is the vehicle Lerner uses to own the club, posted what I think could be a significant change. They have changed their memorandum of associations to remove the restriction on authorised share capital.
Now this could mean nothing at all or it could mean a lot. I have asked an accountant to comment on this but maybe some time before he replies so I am asking the wider community if this is significant.
I do think any move of this type is not done for a simple move but would have a meaning behind it. It could be the lifting of this restrictions allows Randy to swap some shares for debt (not a bad thing) or it could allow for other investment (also not a bad thing).
Of course it could be nothing at all, I’ll allow you to judge that.
