Looks like Xia will be cleared for takeover

As per usual lately, you lot are well ahead of me when it comes to the latest news and even though you’ve already been commenting on it, this has to be good news and is worthy of an article.

So, just as I was always fairly confident that Dr Tony Xia would get to take us over, so even my thinking didn’t go without a slight wobble, with the FT questioning his validity.
Whatever, it’s now looking like it’s a done deal.

I’ve seen quotes where Xia will arrive in the UK on Monday for talks with the Premier and Football leagues for a face-to-face interview and the deal should be ratified on Wednesday.

But what’s more interesting and frankly bloody exciting to me, if the reports are true, is that Xia has proven that he has £500 million on deposit in British bank accounts.
Why so exciting?
Well, remember that big cheque that Xia showed the media? That was worth around £430 million, so that is actually on top of the money he’s paid for the club.
Now Randy Lerner was a billionaire, but I’ll bet whatever you like that there was no way he could ever have placed that sort of money in a bank account, as it would have been too tied up.

This is the level we’re talking about and if it’s actually Xia’s own personal wealth, or as I suspect, money that belongs to higher powers, it matters not and it’s there, in black and white.
Of course, it doesn’t mean it will be spent, but the point is it proves the backing and clout is there.

Consider our local rivals (and it’s not a point I’m going to dwell on, as I want all Midland clubs competing) are going to be taken over with a promise to provide £10-11 million, but only a two-year commitment, so we can see how good our new owner looks on the face of things. It at least puts things in perspective, in my opinion.

All that said, I’m a Villa fan, where I’m now also incredibly cautious after all the rubbish we’ve gone through.
So, of course it could all end in tears.
But we should see things move pretty rapidly now and it’s encouraging.
We’ve just got rid of our Chief marketing executive, another seeming waster and now we’re talking gravy, because it looks like Reily will be replaced by a new “Premier league” Director of footy; someone who knows what he’s doing.
Unfortunately, I suspect this has Comoli written all over it.
And I’m not so sure about him.

Happy days for me, all in all though and I’m looking forward to us, as a bare minimum, winning some games and hopefully making at least a challenge.

67 Comments

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  1. Hitchens 60
    Hitchens 60 June 14, 2016 at 8:07 am . Reply

    BBC now confirm acquisition completed. Samuelson vice chairman and Wyness CEO – let the wagons roll UTV

  2. giddyvillan
    giddyvillan June 14, 2016 at 8:19 am . Reply

    Great news let the good times begin.welcome doc Utv

  3. Ardent Villain
    Ardent Villain June 14, 2016 at 12:29 pm . Reply

    I thought I heard the PL/FL enquiry described on Radio4 this morning as ‘unprecedented’ in it’s scope and depth.

    So will the naysayers in the ‘national media’ now quietly forget their ‘doubts’ about whether the new owner is genuine?

    1. Saddened
      Saddened June 14, 2016 at 1:42 pm . Reply

      Agreed Ardent, the way the scummy press described our new owner, you would have thought he was some kind of tax evading Philip Green – But no, just a billionaire hell bent on breaking the Sky 4 monopoly !!

    2. giddyvillan
      giddyvillan June 14, 2016 at 2:00 pm . Reply

      It shows what utter bollox the media print just for a story, I hope they now back off & pick on another club there’s plenty to choose from.wankers

  4. langfordvilla
    langfordvilla June 14, 2016 at 2:06 pm . Reply

    Lol……so the press have finally caught up with what I was telling everyone yesterday 🙂

    Its heartening to know that Sky, BBC et al get their info from this site 🙂

    Embrace the changes guys and gals…..enjoy the ride because we are coming back bigger, stronger and better than ever!

    We WILL be promoted at the first attempt.

    UTV

    1. JD VILLA
      JD VILLA June 14, 2016 at 9:57 pm . Reply

      P & P brother utv

  5. Hitchens 60
    Hitchens 60 June 14, 2016 at 2:37 pm . Reply

    Nothing on OS but I think they said it would take a couple of days (after PL/FL test) for all legal documentation to be completed. Don’t think we’ll get any announcement from OS until the acquisition is legally signed off.

    1. giddyvillan
      giddyvillan June 14, 2016 at 4:09 pm . Reply

      It’s on the OS now.

  6. Dave67
    Dave67 June 14, 2016 at 4:33 pm . Reply

    Hopefully we will see a bit of movement in the transfer market now.

  7. Bum Bum
    Bum Bum June 14, 2016 at 5:12 pm . Reply

    Is Lerner REALLY staying on as Chairman??? Is it April 1st?
    Glad to see the buyout is complete. Quite exciting now!!!

  8. giddyvillan
    giddyvillan June 14, 2016 at 5:22 pm . Reply

    For the first time in years I’m actually looking forward to the new season,new owner new board new manager hopefully new squad onwards & upwards.

    1. nath
      nath June 14, 2016 at 7:18 pm . Reply

      i totally agree giddy 🙂 iam looking forwards to the season, i have a feel good feeling about villa for first time in years. i remember last time we went down, taylor never spent loads, he bought wisely, street wise championship then div2 players like andy gray and stuart gray and mark lillis, players like platt and mcnally became better players 🙂 we finished bottom year before and were the worst in the league.but after a shaky start in div 2 and struggling at home, we got promoted and we will again this year.

      i might even slap some some dough on it

    2. OohAhPaulMcGrath
      OohAhPaulMcGrath June 14, 2016 at 9:23 pm . Reply

      You say that every year :-). How can u look forward to championship football ffs

      1. nath
        nath June 14, 2016 at 9:50 pm . Reply

        what can i say, i am a optimist, but i usually a good judge. i said before the start season last, we would finally succumb to relegation. its too early to put my head on the chopping board. but i feel it in my waters. wait until the transfer window opens before i put my money were my mouth is.

        championship football will remind our fans, that just finishing 10 to 15th isn’t good enough. we have to dream we will be the new leicester,also teams like southampton leicester and burnley all went down but its not the end of the world, if your lucky you realize what your playing for (to win)

        teams like villa last 5 years get into a rut losing 75% of the games to superior teams. we turn up expecting to lose. teams that come up like bournemouth had no fear, had things to prove, they had the eye of the tiger lmao we need to find our mojo

  9. Bill Pearson
    Bill Pearson June 14, 2016 at 6:40 pm . Reply

    Giddy I share your enthusiasm mate, I’m raring to to go we have a friendly coming up with Midleboro that might give us so ideas.

  10. Hitchens 60
    Hitchens 60 June 14, 2016 at 7:15 pm . Reply

    Dr. X and DM press conference tomorrow morning according to Midlands Today – should be interesting

  11. nath
    nath June 14, 2016 at 7:39 pm . Reply

    does anybody know when transfer window opens ?? also when do the villa players return from their luxury holidays they didnt deserve

    1. marvin
      marvin June 14, 2016 at 7:48 pm . Reply

      July 1st

  12. nath
    nath June 14, 2016 at 7:54 pm . Reply

    i think Birmingham blue noses (minute heath) will be a good bet lmao for the drop, what a double villa promoted and heath relegated worth a bet

  13. nath
    nath June 14, 2016 at 8:04 pm . Reply

    How many Blues fans does it take to change a light bulb? None, they’re all happy living in our shadows. at least you will have two cup finals next year, two runner~ups

  14. Bill Pearson
    Bill Pearson June 14, 2016 at 8:19 pm . Reply

    I’ll give you a like for that Nath. That Prat of a blue nose throwing chair won’t be seeing the game for 5 years, just shows the mentality of blue nose twits. Should get a dislike for that.

    1. nath
      nath June 14, 2016 at 8:24 pm . Reply

      not from me 🙂 don’t know what ppl get, from trolling another clubs fans~views and disliking comments. oh i forgot, blues don’t have one or i would be trolling theirs disliking lol

  15. JD VILLA
    JD VILLA June 14, 2016 at 10:00 pm . Reply

    And Tony Xia is worth more than Sheikh Mansewer of the blue manoowa Up The Villa

  16. little8
    little8 June 15, 2016 at 12:00 am . Reply

    FFFFantastic news ,good to see Wyness on board as well has a heluva good reputation in football.

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