Aston Villa’s owner Tony Xia is prepared to sell the club just two years after his takeover, according to a report.
The Daily Star claims that the Chinese owner values the club at £100million, as the Midlands giants are set for a hectic summer where they try to avoid breaking Financial Fair Play rules.
It is understood that Xia purchased Villa off Randy Lerner for £76million originally and will now look to turn over a profit despite back-to-back failures of obtaining promotion from the Championship.
Football Insider verdict:
It would be a major surprise if Xia was to cash in and walk away from Villa this summer, with the outspoken owner well liked by a selection of supporters. He always appears to have a long-term ambition to succeed with the club and get them back competing in the Premier League, where most feel they deserve to be. However, the 1-0 play-off final defeat at the hands of Fulham was a colossal blow for the club and they can expect a much tougher ride in the Championship next season. There are many sleeping giants stuck in England’s second-tier trying to break back into the top flight and Villa are in danger of becoming one of them. Xia’s reported decision to offload the club if the appropriate bid comes in would be huge for the club and fans should be hopping it is utter nonsense. They appear to be heading in the right direction and just need to overcome the difficult obstacle that awaits this summer.
In other Aston Villa news, they should consider a swoop for a £6million-rated Premier League defender.