Some real news to occupy Aston Villa fans today rather than speculation and media guff.
It has now been confirmed that Aston Villa owner Dr Tony Xia can now sell shares to fund our finances given developments over the summer after we missed out on promotion to the Premier League following Play-Off disappointment to Fulham at Wembley.
The BBC are one of a number of outlets this afternoon to report that documents on Companies House now confirm that a restriction on shares has now been lifted.
It means Xia can either seek investments in return for ownership as has been discussed before and then we’ll have to see if down the line that becomes a full sale and takeover or not.
The prospect of having smaller investors in the club now, leaving Xia with a majority control, has been known about for a while now. Although it’s not believed to be his desire, the BBC state that the fresh documents mean a full takeover is on the cards, so we’ll see what happens when it comes to the speculation of groups circling.
Interestingly though, the documents were signed on May 25, the day before the Play-Off final, so with the photo of Xia looking rather anxious at Wembley and the suggestion it was owing to the ramifications of not going up – well I guess that was spot on.
Never a dull day eh, but at least this is another positive step, we just hope have to hope for an enjoyable walk now.
