Re: City & FFP (continued)
St Helens Blue (Exiled) said:
Villa, the biggest club in Britain's second city, are struggling to find a buyer
UEFA claim financially astute clubs will thrive under FFP laws
But without heavy investment there is no way into the top 6 for Villa
Relative to Fabio Borini's £14m price tag, Luis Suarez is a snip at £75m
Yaya Toure will be staying at Man City, and perhaps should be given a Bafta for his outbursts via his shameless agent Dimitri Seluk
New Newcastle signing Remy Cabella has been written off as too frail, but Luka Modric got the same treatment only to prove his doubters wrong
England plummeted to 20th in the FIFA rankings, a more accurate placing
Ravindra Jadeja made England look silly with bat and ball on Saturday
Each January, the Birmingham Post publishes its rich list. The last one contained 20 names of Midlands business folk that, by the calculations of its experts, could afford to purchase Aston Villa outright. Yet still, nobody has.
Lord Bamford, chairman of JCB, prefers collecting vintage Ferraris. Sir Peter Rigby, founder of what is now Europe’s largest independent IT company, likes to fly helicopters and listen to classical music. Steve Morgan already has his hands full with Wolverhampton Wanderers. These are the breaks.
Even so, considering the Premier League broadcasts to a global market, one would think a buyer for the biggest club in Britain’s second city would not be so hard to find.
VIDEO Scroll down to watch Newcastle signing Cabella freestyling with France team-mates
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Hot property? Aston Villa - the second city's biggest club - are still on sale with no sign of a buyer
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Getting rid: Randy Lerner (left) put the club up for sale in May after eight years of mixed success at Villa Park
Yet, still, the For Sale sign resides on the unkempt lawn, as it has all summer. As it has since 2010, really, considering that was the year Martin O’Neill, Villa’s manager, walked out, unable to accept the significant shift in transfer policy that was the first indication of changing times.
Until that point, the owner, Randy Lerner, had shown great ambition in trying to drag Aston Villa into the elite. O’Neill spent over £80million net, achieving three consecutive sixth-place finishes, but faced with repeating that in a final push for glory, Lerner balked and instead implemented a sell-to-buy regime. This soon became more of a selling regime, by which time O’Neill was long gone.
Lerner was looking to follow almost from that point. Not as openly as now, true, but it has been rumoured for several years that he would be interested if the right buyer at the right price came along. Everton is on the market in a similar way, with Bill Kenwright accepting the financial reality of his stewardship.
So, a quick question for Michel Platini and the members of his UEFA brains trust: if Financial Fair Play is the gift to football club owners that you would have us believe, where is the queue of local businessmen seeking to take advantage of this windfall with Aston Villa?
In a matter of months of hard selling the asking price has already dropped by a quarter, to £150m. Yet still nothing. No rich Arabs, no interest from China, tumbleweed blows across America. Most importantly, no Brummies. Not even a sniff from the names on the Birmingham Post rich list, from Pete Waterman to Sir Euan Anstruther-Gough-Calthorpe.
Towards the end of May, there was a briefly flickering light on the horizon. Tevfik Arif, a Kazakh-born property mogul and business associate of Donald Trump, was announced as a front-runner in the acquisition of Aston Villa. Bank of America Merrill Lynch, who are handling the sale, would not confirm Arif’s involvement, but did not deny it either. He was supposed to be No 1 in a list of six to eight suitors.
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Kitty: Martin O'Neill spent £80million net attempting to get Villa into the Champions League
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Bottled: Villa's best chance came in 2009, but they fell away despite a healthy advantage over Arsenal
Arif’s interest in sports business was said to include a share of Doyen Capital, a London-based hedge fund that has stakes in professional footballers, including Radamel Falcao. It all seemed to be falling into place. And then, within a week, the following announcement.
‘Mr Tevfik Arif has today asked us to make clear that other than being an avid sports fan himself, he: has no experience of running football clubs; has never met Randy Lerner; and neither he, nor any members of his family, or anyone acting on his behalf has any interest in acquiring Aston Villa Football Club; in addition, he has no involvement in any sports related businesses. We are happy to set out Mr Arif’s position.’
Since when, nothing. No more from Arif, silence from the six or so names in that evaporating queue behind him. Lerner must be concerned. Villa are not such a rotten proposition. They have a fine ground, a European pedigree in the pre-Champions League era, a loyal following.
Prince William supports them. So does Tom Hanks. They are centrally located in England, next to a major motorway, and easily accessible, and are the first, best- supported club of a major European city. They could be very big.
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Staying put: Lambert (right) and assistant Roy Keane are in charge while Villa's future remains uncertain
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Default: Villa eventually stayed up last term, but clocked up fewer than 40 points doing so
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Limited budget: Villa have had to look for cheaper signings this summer, with Joe Cole coming in
What the average fan might see as irrelevant beside the identity of the manager or the make-up of the first-team squad has value to a buyer. Paul Lambert, Christian Benteke or Ron Vlaar are passing through but a future king on the firm might put your club on the global map. Glamour, history, location, the trivial happenstance of the odd famous fan — these can all be useful selling factors.