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Trefick, the investment vehicle of property entrepreneur Jack Petchey has increased its stake in Aston Villa from just over 14 to 16.5 per cent. Shares in the sleeping giant of the Midlands have risen by 30 per cent in the past month, partly on speculation that chairman Doug Ellis, now aged eighty, may at last be willing to sell out. Villa owns valuable sites close to the ground and it is thought that Mr Petchey might be eager to cut a deal with any future buyer of the club and develop the land.
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