Supporters and shareholders of Aston Villa have joined together to fight what they see as the "endless cycle of under-achievement" their club has suffered for the past 20 years.
Press Release - 17th June 2004.
For the love of god, just go
VFC and the Shareholders Association are dismayed at recent events leading to the collapse of the Ray Ranson and Richard Thompson bid.
At a time when it is becoming increasingly clear that the Chairman should be looking to succession and new owners because of his advancing years, falling status within the game and inability to cope he must facilitate conversations which may be in the best interests of the Club, it's supporters and shareholders regardless of his own selfish desires!
VFC and the Aston Villa Shareholders Association can only agree with the comments of Mr Ranson. "Doug Ellis, who has gone on record as saying he is willing to listen to offers for the club, has declined to even meet us to discuss our plans. He has said our offer significantly undervalues the business, but if that is the case then tell us why." Just how can Mr Ellis claim to be acting in the best interests of our club if he won’t even meet potentially important investors?
Spokesman Jonathan Fear said, “You have to ask why Mr Ellis won’t at least meet potential investors and the fact that he won’t makes us worry all the more that Mr Ellis is only interested in his own best interests. The initial offer from this group may well have been low but who is to say what could have developed to the benefit of the club from professional and constructive talks?”
“It is a great pity that Mr Ellis doesn’t consider consulting the rest of the shareholders when opportunities arise instead of continuing his dictatorial approach. We feel he needs reminding yet again that he owes us a moral, if not legal, obligation to act in the best interests of all shareholders and stakeholders. As someone with a vested interest he should stand aside when such offers are made so the board can evaluate each approach on its merits for the club”.
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