New dawn beckons for Villa

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Football News
Randy Lerner´s bid to take over Aston Villa has been accepted by the club, allowing new manager Martin O´Neill to restructure his squad while marking an end to Doug Ellis´ era as chairman.

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."

© Copyright Press Association Ltd 2006, All Rights Reserved.

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