Danny Mills has tipped new Aston Villa signing Tyrone Mings to be worth £40million next year if he thrives in the upcoming season.

Speaking exclusively to Football Insider, the ex-England international admitted the potential £26.5million fee Villa have paid Bournemouth for their new recruit is “quite high”.

But Mills is convinced Mings’ value will rocket far higher if he can reproduce his outstanding Championship form in the second half of last season in the top flight.

The centre-back sealed a permanent switch to Villa Park on Monday in a deal worth £20million rising to a potential £26.5million in total after a £9.5million contract blunder by the club.

“The fee seems quite high but Aston Villa know him, he knows the club, so it suits everybody,” Mills told Football Insider. “Mills has done well at Villa.

“The amount is irrelevant because if he has a good season he could be worth £35-40million this time next year.

“He has all the attributes to do well in the Premier League. He has pace, power, height, decent on the ball, left-footed as well, which does help.

“For him, if he has another good season, suddenly his value may shoot up. £25million might seem a very good price for him.”

Mings was instrumental for Villa as they won promotion back to the Premier League, via the play-offs after initially joining on loan from Bournemouth in January.

He has ended a four-year spell at the Cherries in which he was ravaged by injury and made just 22 appearances for the club after signing for a fee of £8million from Ipswich Town.

In other Aston Villa news, it can be REVEALED that the club have agreed the terms of their seventh summer signing as he undergoes a medical after eight-figure fee is settled.