Apr 17, 2014, 7:44 PM EDT
According to The Telegraph, Randy Lerner has reached an agreement to sell Aston Villa, provided the club stays in the Premier League. An unidentified American group fronted by “two billionaires” has agreed to pay $200 million for the Birmingham-based club, a possibility that heightens the importance of securing a 26th straight year in the first division.
With the club in 14th place, Villa will likely stay up, securing all the financial perks that go with the top-flight status in the process. With four straight losses, however, the club’s survival is back in doubt, with the potential owners set to pass on the purchase if the club falls into the second division.
From Matt Law’s reporting:
It is understood an American consortium, fronted by two billionaires, wants to buy Villa but will withdraw from the deal if the team drop into the Championship …
Survival in the top flight would guarantee Villa at least £40 million in television revenue and would mean the club remains attractive to sponsors.
Early indications suggest the consortium would be prepared to invest heavily in trying to significantly improve Villa’s playing staff. It is unclear whether a takeover would affect the future of manager Paul Lambert.
The move would be a welcome one for fans who’ve come to question the club’s direction under Lerner. With Lambert also the becoming subject of supporter skepticism, the manager’s performance is sure to fall under increased scrutiny. If he fails, he’ll cost supporters the new ownership they’ve come to covet.
With 34 points, Villa are four points above the drop, but with three teams between themselves and 18th place Fulham, Lambert’s team a series of misfortunes would have to fall in place to send Villa down. If it can avoid all of those pitfalls, the club will likely turn away from a transfer policy based on value buys and youth purchases in its attempts resume a regular place in the top half of the table.
That place disappeared when Martin O’Neill left the club in 2010, with the Northern Ireland manager’s departure coinciding with a pair down of what had become a bloated payroll. After three consecutive sixth place finishes, Villa took up residence in the league’s bottom half, with Gerard Houllier, Alex McLeish, and Paul Lambert having failed to right the team’s course.
With a solid home venue and a history that includes a European Cup, Villa has the potential to be the dominant club in England’s second-largest population center. To this point, however, Lerner has been unable to capture that potential.
With new ownership coming in, Villa fans have reason to hope a more ambitious approach will try to tap into that possibility. All the team has to do is stay up.
Jul 28, 2014, 4:03 PM EDT
Timber’s game-winning goal in Montréal separated him from a tight field.
Jul 28, 2014, 3:20 PM EDT
After two on-pitch selfie occur with players over the weekend, security needs to be stepped up.
Jul 28, 2014, 2:50 PM EDT
Could Neymar represent Brazil at the 2016 Olympics in Rio?
Jul 28, 2014, 2:20 PM EDT
Besic, 21, has signed a five-year deal with the Toffees.
Jul 28, 2014, 1:43 PM EDT
Bale smashes in an absolute beauty from distance. Check it out, here.
Jul 28, 2014, 12:58 PM EDT
After selling over $175 million of talent so far this summer, what are Saints playing at?
Jul 28, 2014, 11:52 AM EDT
Boyd out after injury in Queens Park Rangers friendly.
Jul 28, 2014, 11:25 AM EDT
He may be one of the best soccer players the planet has ever seen, but Messi is not above the law.
Jul 28, 2014, 10:51 AM EDT
Arsenal splash the cash to sign 19-year-old Southampton academy graduate.
Jul 28, 2014, 10:25 AM EDT
Did Remy fail a medical at Liverpool? ‘Arry isn’t buying it.
Jul 28, 2014, 9:20 AM EDT
Clegg, Downing Street, discuss Russia hosting the 2018 World Cup.
Jul 28, 2014, 8:44 AM EDT
If you use the hashtag #AskJesus, expect to get results like this.
Jul 28, 2014, 8:04 AM EDT
Atletico add Griezmann to partner Mandzukic in new-look attack.
Jul 28, 2014, 7:38 AM EDT
Arsenal may be taking a “gamble” but it certainly paid off the last two times they bought teenagers from Southampton.
Jul 27, 2014, 11:08 PM EDT
Liverpool looks focused on improving its shape heading into the upcoming Premier League season.
Jul 27, 2014, 10:17 PM EDT
Raul Fernandez held Vancouver to a draw while Portland won a 3-2 barnburner with Montreal.
Jul 27, 2014, 8:08 PM EDT
This may not be as toast as it first appeared.
Jul 27, 2014, 7:24 PM EDT
With Thibaut Courtois hot on his trail, Petr Cech isn’t about to let the youngster’s hype get in the way of his 11-year Chelsea career.
Jul 27, 2014, 6:43 PM EDT
AC Milan got hosed, but Mario Balotelli had some fun as a second-half substitute.
Jul 27, 2014, 6:26 PM EDT
It may have been in jest, but Roberto Martinez has set rumors alight.
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