Ellis steps down at Villa
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Aston Villa's change of guard is almost complete, after Doug Ellis officially stepped down as chairman on Tuesday.
Randy Lerner has officially succeeded the octogenarian as chairman at Villa Park.
A statement on Aston Villa's official website confirmed: "Following the recommended cash offer for Aston Villa plc ("Aston Villa") made by Reform Acquisitions Limited on 14 August 2006, Douglas Ellis OBE, the Executive Chairman of Aston Villa.
"Aston Villa is pleased to announce the appointment of Randolph Lerner as Chairman."
Lerner is on the verge of completing his takeover of the West Midlands giants, with the London Stock Exchange announcing on Tuesday that the American had secured 89.69 percent of Villa's shares.
When his stake in the club reaches 90 percent then legally he will be able to buy out the existing 10 percent.
The move signals a momentous day for Villa, with the often controversial Ellis having served the club in the role of chairman since 1982. -
ahh this season seems to get better and better for villa..
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The proverbial good riddance to bad rubbish.
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goodbye, we wont miss you.
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Villa will jz get better n better
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yay 22m to spend in jan
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how bout 20m for swp?Originally posted by The man who was death:yay 22m to spend in jan -
5m like duff can......Originally posted by stellazio:how bout 20m for swp?
gotta pray aston martin wun sign his lao xiang hao chris sutton before jan