Villa made a statement to the Stock Exchange recommending that shareholders accept the bid from Cleveland Browns owner Lerner, which values the club at £62.6million. When the takeover is completed by the American billionaire, O´Neill is predicted to have money to spend on players to bolster the threadbare squad inherited from former boss David O´Leary.
Henk Potts of Barclays Stockbrokers told PA Sport: "It´s inevitable they will have to go out and spend, given that they haven´t won the league in more than 20 years and finished close to the relegation zone last season."
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