Owner Randy Lerner Continuing To Invest In Aston Villa
Aston Villa’s United States based owner Randy Lerner has continued to provide a stable investment of cash for both the club and head coach Martin O’Neill’s transfer kitty, with recent reports placing the amount at 138.6 Million Pound.
The club’s statement of capital, filed at Companies House this month, shows that £138.6m has been invested from Lerner’s UK holding company, Reform Acquisitions.
The financial accounts for the year to 31 May 2009 are not due to be filed until the end of next month, so it cannot yet be seen how exactly the money was paid to the club. However, the most recent published figures, for the previous year, to 31 May 2008, reveal that the investment up to then, £49.5m, was in the form of loan notes, from Lerner’s holding company in the United States.
During that year the manager Martin O’Neill’s signings and a more than doubling of players’ wages led to Villa recording a £7.3m loss. The interest paid on the loan notes owed to Lerner’s US company was at a fairly standard 2% above interbank rates, amounting to £4m, which came out of Villa’s own income, including fans’ ticket money.
Lerner’s quiet revolution at Villa Park, where his £62.6m takeover was financed with his own and his family trust’s money and the £138.6m has since strengthened the team, makes a stark contrast to the regime at Manchester United.
არადა ესეც ხომ ამერიკელია, მარა რად გინდა ზოგს რა აქვს გეგმებში და ზოგს რა მამაძაღლობა უდევს თავში.
და ამ ყოლიფრის მიუხედავად მაინც დღეს რატომღაც არსენას ბიჭები დაუნიავებენ მგონია ამათ.