Soccer: NFL owner (Randy Lerner) buys Aston Villa

International Herald Tribune ^ | August 14, 2006 | AP

[E Rocc]

LONDON: Aston Villa of the English Premier League said Monday that it had agreed to a takeover by Randy Lerner, owner of the Cleveland Browns in the United States.

[E Rocc]

Unlike happened when Malcolm Glaser bought Manchester United, "Villans" on the 'net seem about to canonize Lerner.

[Canard]

Unlike Malcolm Glazier, Lerner seems to be financing the deal with his own money and not intending to transfer the costs of himself buying the shares onto the business he's buying.

[highball]

Unlike Malcolm Glazier, Lerner seems to be financing the deal with his own money and not intending to transfer the costs of himself buying the shares onto the business he's buying.

That's it in a nutshell.

Lerner isn't using the club's assets to finance the deal. He's actually using his own money. Glazer bankrupted the club in buying it.

[neb52]

So! He will own two losing teams now. <dunks and runs for cover).