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The Randy Lerner thread


CI

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Must be a reason Lambert came on board and isn't kicking up a fuss about the transfer kitty. Norwich spent far more than us last summer. He must have been convinced of a plan to take the club forward. He's not the kind of person to jump ship to us just because of our history etc etc...

I hope you're right about a reason for Lambert leaving Norwich for us. However, I do have my doubts and wonder if it was a case of knowing that he'd gone has far as he could with the Canaries and fancied a new challenge with a club that had an average attendance twice the size of where he was at previously.

I always wonder why Lambert left Norwich as well. Had to be on a promise from lerner. Dont buy the twice size crap. Managers only look 2-4 years ahead and what they can do in that time frame. If he was told he had a shoe string budget for 4 years then i dont think he would have come. Could be hope, but i think come the summer he will have a wedge of money to spend like never before seen at Villa

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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.

 

http://www.astonvillanewsandviews.co.uk/exciting-news-from-the-club/

 

Possible investment from other sources? Anybody know more about this?

Edited by GENTLEMAN
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I really think people should look at around when judging Randy Lerner as the worst thing ever happening to this club. It's not a god-given right to have tons of cash, like Chelsea or Manchester City. If we are sold to someone, odds are we are going to be sold to some idiot like Vincent Tan before we are being sold to a new sheik. Our enterprise value is not high, in fact it's quite low. Any semi-rich cowboy could afford to buy us off before they even looked at prospects like Newcastle or Everton. Imagine being owned by the guys from Blackburn (or dare I say she), West Ham or Cardiff. Then you have the guys from Stoke, Sunderland, Fulham, Crystal Palace - not entirely idiots but not anywhere near better than Lerner in the long run.

I winge about Lerner a lot (and I do still think it is somewhat justified) but your post really puts it all into perspective.

 

I guess in the grand scheme of things and in the context of what 'owning a football club' has become, Lerner is one of the best in the PL

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I really think people should look at around when judging Randy Lerner as the worst thing ever happening to this club. It's not a god-given right to have tons of cash, like Chelsea or Manchester City. If we are sold to someone, odds are we are going to be sold to some idiot like Vincent Tan before we are being sold to a new sheik. Our enterprise value is not high, in fact it's quite low. Any semi-rich cowboy could afford to buy us off before they even looked at prospects like Newcastle or Everton. Imagine being owned by the guys from Blackburn (or dare I say she), West Ham or Cardiff. Then you have the guys from Stoke, Sunderland, Fulham, Crystal Palace - not entirely idiots but not anywhere near better than Lerner in the long run.

I winge about Lerner a lot (and I do still think it is somewhat justified) but your post really puts it all into perspective.

I guess in the grand scheme of things and in the context of what 'owning a football club' has become, Lerner is one of the best in the PL

I get your point, but i always have and always will believe we are a bigger club than Fulham, blackburn, Cardiff, stoke, west ham, sunderland. Its a sad state of affairs when we are comparing ourselves with these teams and is a state of where Mr Lerner has left us. We used to be talked about in the same breath as Arsenal, Liverpool and Utd

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I really think people should look at around when judging Randy Lerner as the worst thing ever happening to this club. It's not a god-given right to have tons of cash, like Chelsea or Manchester City. If we are sold to someone, odds are we are going to be sold to some idiot like Vincent Tan before we are being sold to a new sheik. Our enterprise value is not high, in fact it's quite low. Any semi-rich cowboy could afford to buy us off before they even looked at prospects like Newcastle or Everton. Imagine being owned by the guys from Blackburn (or dare I say she), West Ham or Cardiff. Then you have the guys from Stoke, Sunderland, Fulham, Crystal Palace - not entirely idiots but not anywhere near better than Lerner in the long run.

I winge about Lerner a lot (and I do still think it is somewhat justified) but your post really puts it all into perspective.

I guess in the grand scheme of things and in the context of what 'owning a football club' has become, Lerner is one of the best in the PL

 

I get your point, but i always have and always will believe we are a bigger club than Fulham, blackburn, Cardiff, stoke, west ham, sunderland. Its a sad state of affairs when we are comparing ourselves with these teams and is a state of where Mr Lerner has left us. We used to be talked about in the same breath as Arsenal, Liverpool and Utd

 

 Yeah but I would say that Sunderland get bigger crowds then us even though they have been shit for years, and West Ham are a London club which is more tempting for a bored billionaire. Lerner has pumped millions into this football club and has always acted with diginity and class. 1 million to Acorns, redoing the Holte Hotel, bodymoor, I could go on. Yes he has made mistakes by trusting O'Neill too much,TSM, and I would like him to give some interviews but when you compare him to some of the jokers out there we  could be doing a lot,lot,lot worse.

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Lerner is guilty of naivety, nothing more. He was naive to let MON run wild with his money, he was naive to take Alex Ferguson's advice, he was naive to think that his P.R. team would be enough to convince supporters that everything was going according to plan, and that feel good gestures like Acorns and the Holte Hotel would be a buffer from criticism. 

 

He came in with considerable money to spend, which was then squandered by MON.

 

Then the market tanked, he got a divorce, and turned off the tap. He made the right move by hiring Lambert, and since then it's been damage mitigation. Eventually he'll either sell or decide to take another shot at glory, and I believe he'll make that decision within the next two years.

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to be fair when he did buy us.. not many clubs had billionaires. Even we thought.. were going to go on to bigger and better things.. but suddenly it got cool to own a premier league club. He does need to pump a bit more money in. Im happy to limit wages a little but we cant keep buying from lower divisions. we need a few proven players or eventually we will go down.

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Lerner is guilty of naivety, nothing more. He was naive to let MON run wild with his money, he was naive to take Alex Ferguson's advice, he was naive to think that his P.R. team would be enough to convince supporters that everything was going according to plan, and that feel good gestures like Acorns and the Holte Hotel would be a buffer from criticism. 

 

He came in with considerable money to spend, which was then squandered by MON.

 

Then the market tanked, he got a divorce, and turned off the tap. He made the right move by hiring Lambert, and since then it's been damage mitigation. Eventually he'll either sell or decide to take another shot at glory, and I believe he'll make that decision within the next two years.

I think naivety is the biggest thing. I don't think he's ever been bad intentioned, that's pretty key. I think when he came in he realized he knew nothing about football so he thought, why not let MON make the decisions, he has a big reputation as a manager and he knows what he's doing. Obviously that wasn't true. At that point all the money that had been wasted on older, poor players had already set the club back. 

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Hilarious if true, I can see it now...

'Lerner is such a shit owner, terrible.'

Starts spending money.

'Oh he's not that had.'

Haha

What a ridiculous post.

If he starts doing better then of course that would go towards peoples opinion changing.

Why wouldn't it. Don't worry though what ever happens you'll get the chance to moan at fans.

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