Villa appoint financial adviser to find buyer

Saturday 21 January 2006 01:00 GMT

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Villa have talked with the Irish property developers, The Comer Brothers, and the consortium front man Michael Neville - via their company Aston Villa Investments Limited - for three months with a view to a £64m takeover, but appear unconvinced of AVIL's "financial ability to proceed".

Villa, in a statement to the Stock Exchange, report said: "The Board of Aston Villa has with immediate effect appointed Rothschild to act as financial adviser to help it determine the best strategy for the future.

"This includes, amongst other strategies, seeking a possible acquirer for the company."

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Villa appoint financial adviser to find buyer

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