New owner confirmed…

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Are you sure you didn't just dream that?

He's valued at $1.2b, he'd have no trouble finding £60m on his own, never mind with a consortium.

The paperwork filed with the FA shows he deposited £500m cash in an English bank to facilitate the takeover.

All the signs point to the Premier League and Football League turning down Aston Villa’s £60million takeover by Dr Tony Xia’s Chinese consortium, on the grounds that they haven’t the funds to do so.

Well-placed sources claim that American Randy Lerner, who is trying to offload the club at a knockdown price, has already been told that Xia will not pass the necessary financial tests.

It is the Daily Mail I admit !


Read more: http://www.dailymail.co.uk/sport/ar...nce-revolutionary-proposal.html#ixzz4AzeYSmZV
 
All the signs point to the Premier League and Football League turning down Aston Villa’s £60million takeover by Dr Tony Xia’s Chinese consortium, on the grounds that they haven’t the funds to do so.

Well-placed sources claim that American Randy Lerner, who is trying to offload the club at a knockdown price, has already been told that Xia will not pass the necessary financial tests.

It is the Daily Mail I admit !


Read more: http://www.dailymail.co.uk/sport/ar...nce-revolutionary-proposal.html#ixzz4AzeYSmZV

That article's from May and was dismissed as bollocks at the time.
 
He was MD for Goldman Sachs for 25 years and you don't think he is a billionaire<eek><doh>. If he hadn't made several he wouldn't of lasted that long.

Significant wealth is generally reported in some publication or other including Wealth Managers.......I didn't say he wasn't only that there is no reported evidence to say he is
 
I don't want a Billionaire, I want a Chairman that treats its fans with respect, looks after the older generation and nurtures the younger Tiger nation, that's all ......

Personally I couldn't care less about the owner - it's the team that I support and, however it happens, if it's successful I'm happy. I've seen a lot of good, and bad, owners come and go in my time but it has never affected my support for the team on the day. Yes - it would be great to have a very wealthy owner who is interested in building the team, being good to the fans and walking on water at the same time - but dream on!
 
So why jump on what Phil said? There's plenty of consortiums knocking about with no money!
I jumped on what Phil said as he stated that it wasn't the billionaire owner we had hoped for, I was under the assumption that a consortium could be made up of many members, each worth less than a billion, but in total could be worth many billions, he was basing his statement on one member of the consortium therefore I assumed he was struggling to understand what a consortium was.
 
I don't like consortiums. Members always fall out at some point.

Individual owners are can be as mad as a box of frogs but at least decisions get made (even if they're the wrong ones :bandit:)
Some might argue that individual owners get things done and get a higher proportion of their decisions correct than do consortiums. I am sad to have witnessed our most successful chairman ever become a hate figure for the poor decisions he has made, when he has got so much right in his time at the club. It's not an accident that the club has been successful (on the pitch) under his stewardship.
 
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I jumped on what Phil said as he stated that it wasn't the billionaire owner we had hoped for, I was under the assumption that a consortium could be made up of many members, each worth less than a billion, but in total could be worth many billions, he was basing his statement on one member of the consortium therefore I assumed he was struggling to understand what a consortium was.
You could be part of a consortium without a pot to piss in! Like I said there's plenty of them about with no money.
 
You could be part of a consortium without a pot to piss in! Like I said there's plenty of them about with no money.
When you've worked for Goldman Sachs and its a consortium full of bankers and investors I'd hazard a guess that im correct in assuming they have plenty of money and would be willing to bet against anyone who wants to say otherwise.
 
When you've worked for Goldman Sachs and its a consortium full of bankers and investors I'd hazard a guess that im correct in assuming they have plenty of money and would be willing to bet against anyone who wants to say otherwise.
Yeah but thats not what you were insinuating!