Aston Villa takeover moves closer
Aston Villa Investments Limited (Avil), which is backed by millionaire Irish builders Brian and Luke Comer, says talks are progressing, though it was still possible that an offer may not be made. The takeover would cost the consortium around €100 million.
“Due diligence is progressing and Avil is focused on settling its financing arrangements. Avil also wishes to make it clear that it is committed to concluding a transaction on terms acceptable to the major shareholders of Aston Villa and to enable the club to prosper in the future,” Avil said in a statement to the London Stock Exchange yesterday.