The sale of Aston Villa to a Chinese businessman could be completed by the end of the week. It is thought that the asking price will be around £60m.
That would represent a loss on the £62m Randy Lerner paid for the club ten years ago before taking account of inflation, although some sources are quoting a sale price of £75m. Lerner at one time wanted £200m for the club and then cut the price to £100m.
The sale of Aston Villa to a Chinese businessman could be completed by the end of the week. It is thought that the asking price will be around £60m.
That would represent a loss on the £62m Randy Lerner paid for the club ten years ago before taking account of inflation, although some sources are quoting a sale price of £75m. Lerner at one time wanted £200m for the club and then cut the price to £100m.
One constraint that any new owner will face in building the club is that existing players have a total of 74 years left on their contracts and many of these players will be difficult to offload.