Aston Villa ‘close to Chinese takeover’


London (AFP) – Relegated Aston Villa could be sold to a Chinese consortium by the end of the week, according to British media reports on Wednesday.

Villa crashed out of the Premier League after a miserable season that saw the Midlands club win just three of their 38 matches.

US-based owner Randy Lerner has been trying to sell Villa without success for two years, but it appears a deal is finally close to completion after he lowered his asking price.

The BBC reports Lerner, who bought Villa in 2006, is willing to sell for as little as £60 million ($86 million, 76 million euros), with the unnamed Chinese investors said to be looking over the Championship team’s financial records.

Keith Wyness, who worked as Everton chief executive for five years, is reportedly being lined up for a similar role at Villa, having established extensive contacts including in China.

Villa are currently managerless after sacking Remi Garde in March, but former Leicester boss Nigel Pearson and ex-Chelsea chief Roberto Di Matteo are reportedly the leading candidates to step in as soon as a takeover is agreed.

The new boss will take charge with Villa condemned to second tier action for the first time since 1987-88 and with morale among supporters at an all-time low after months of protests against Lerner and the underperforming players.

25+ Channels With Sports & News
  • Starting price: $33/mo. for fubo Latino Package
  • Watch Premier League, Liga MX, MLS & World Cup
  • Includes ESPN, FOX, Univision, TUDN and more
Favorite Leagues At The Best Price
  • Starting price: $7.99/mo. for Live TV Package
  • Watch Argentine league, Brasileirāo and Copa Libertadores
  • Includes beIN SPORTS, GolTV, TyC Sports and more
Many Sports & ESPN Originals
  • Price: $6.99/mo. (or get ESPN+, Hulu & Disney+ for $13.99/mo.)
  • Features LaLiga, Bundesliga, MLS, Copa del Rey & more
  • Also includes daily ESPN FC news & highlights show
Live TV, Soccer & Originals
  • Starting price: $4.99/mo.
  • Features Champions League, Serie A, Europa League & more
  • Includes CBS, Star Trek & CBS Sports HQ
175 Premier League Games & PL TV
  • Starting price: $4.99/mo. for Peacock Premium
  • Watch 175 exclusive EPL games per season
  • Includes Premier League TV channel plus movies, TV shows & more
Get All 3 And Save 30%
  • $13.99/mo. for ESPN+, Disney+ & Hulu
  • Includes Bundesliga, LaLiga, NHL & the home to UFC
  • Features Marvel, Star Wars + shows & movies for your entire family

Leave a Reply

Translate »