Villa’s American owner Randy Lerner, who put the club on the market in 2014, struck a deal, which is reported to be worth 60 million pounds ($87.8 million), following their relegation from the Premier League last month.
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The owner Randy Lerner has been attempting to sell the club for several years and it is believed he is willing to do business at around £100m.
Keith Wyness, who worked as Everton chief executive for five years, is reportedly being lined up for a similar role at Villa, having established extensive contacts including in China.
Problem club Aston Villa could be set for a £75m takeover from a Chinese consortium and in the process could appoint Roberto Di Matteo as the club’s new manager.
Sky sources understand Villa’s backroom staff have been briefed that the club could be transferred by the weekend.
“Once those approvals have been granted and the new board members approved under the fit & proper rules of both leagues, Dr Xia will become Chairman of Aston Villa”.
Chinese businessman Tony Xia has agreed to buy Aston Villa, the club said on Wednesday.
“Dr Xia’s immediate objective is to return Aston Villa to the Premier League and then to have the Club finish in the top six, bringing European football back to Villa Park”, the Villa statement read.
In a farewell message posted via the club’s website, Lerner said: “Tony has built his career around infrastructure”.
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Aston Villa’s new multi-millionaire chairman is an Aston Villa fan with a passion for the game – and was a handy player himself – according to the club.
