By Amir Mir

Aston Villa are set to axe Roberto Di Matteo as manager after just 122 days in charge, according to a report.

The Telegraph claim that owner Tony Xia will reluctantly wield the axe on the Italian in the next 48 hours after the Midlands club have registered only one win in eleven league games this term.

Villa were beaten 2-0 at Preston on Saturday afternoon, as goals from Ben Pearson and Jordan Hugill saw Villa drop to 19th in the table with only ten points from their opening 11 games.

It is said the defeat at Deepdale will see the former Champions League winning manager pay the ultimate price as his tenure at Villa Park is set to come to an end after just five months in charge.

Di Matteo spent over £50 million on transfers during the summer window, but has been unable to stop the rut of his side consistently conceding late goals.

The Midlands club have dropped a possible eight points from winning positions, as they conceded goals after the 85th minute in five out of 11 league games this season.

Overall, Villa have recorded one win, seven draws and four losses under Di Matteo’s reign, including a 3-1 defeat at League Two outfit Luton Town in the EFL Cup earlier on in the campaign.

It is claimed that Villa will search for Di Matteo’s replacement during the international break with Steve Bruce, Mick McCarthy and David Wagner the leading contenders.

Former Birmingham City manager Bruce is currently unemployed after leaving Hull during the summer, despite guiding them to the Premier League via the play-offs last season.

McCarthy’s Ipswich side sit 11th in the table with 13 points, while Wagner has guided Huddersfield to the top of the Championship with 25 points.

In other Aston Villa news, supporters give Di Matteo verdict following Preston loss.