New York Yankees Shareholder Preparing £75m Aston Villa Bid

Aalan Hutton of Aston Villa and Isaac Success of Watford during the pre season friendly match between Aston Villa and Watford at Villa Park

The Championship club, which lost to Fulham in the playoff final last month, are rumoured to be on the brink of administration due to their huge outlay on wages and transfers over the past two years.

This news will come as a shock to Aston Villa fans, who are still coming to terms with the play-off final defeat.

Bruce would like to remain as Villa manager and launch another promotion challenge next year but whether the Birmingham based outfit can afford to keep him, or want him, to stay is now up in the air.

The bill is the latest financial trouble to befall the Chinese-owned side and the Birmingham Mail suggests that up to four separate takeover bids are looming, while The Sun reported a British-based consortium will be the first to offer a way out for chairman Tony Xia.


That has left Bruce facing an uncertain future, and even though he is now on holiday he is seeking talks with the Villa hierarchy, to get the situation sorted out as much as possible.

While John Terry has already left the club, young star Jack Grealish is expected to follow in order to recoup some cash to deal with the FFP regulations. They face another season in the Championship and also must save around £40 million to fend off Financial Fair Play scrutiny.

Villa are anxious about breaching Financial Fair Play rules unless they making savings of around £40m next season, and infighting at the club led to the suspension of chief executive Keith Wyness on Tuesday.

Related News:

  • Trump commutes Alice Johnson’s sentence

    Trump commutes Alice Johnson’s sentence

    Indeed, Trump has called for getting tougher on drug dealers, including suggesting some should receive the death penalty. "Ms. Her Warden, Case Manager, and Vocational Training Instructor have all written letters in support of her clemency.
    Maria Sharapova's French Open return ended in ruthless fashion by Garbine Muguruza

    Maria Sharapova's French Open return ended in ruthless fashion by Garbine Muguruza

    Only a loss to Dominika Cibulkova in the 2009 quarterfinals here, in which she won only two games, was worse. She clearly still has business to attend to as she eyes a follow-up to her 2016 title on the Parisian clay.
    Best new features coming to iPhone, iPad with iOS12

    Best new features coming to iPhone, iPad with iOS12

    According to Apple engineers working on the new addition , the tools will be placed in a menu accessible through the Settings app. And perhaps most importantly, grouped notifications will allow you to swipe and clear a whole group of notifications all at once.
  • It's all but over for the Cinderella Golden Knights — SIMMONS SNAPSHOTS

    It's all but over for the Cinderella Golden Knights — SIMMONS SNAPSHOTS

    One is considerably more painful than the other, and neither will get you onto a "SportsCenter" highlight reel. Trailing in the series, the Golden Knights came out firing the puck from all areas and angles on the ice.
    Trump declares that Melania 'is doing really well!'

    Trump declares that Melania 'is doing really well!'

    And last June he publicly accused " Morning Joe " co-host Mika Brzezinski of "bleeding badly from a face-lift". However, two reporters who saw the first lady did report that they saw Mrs.
    India hikes interest rates for first time in four years

    India hikes interest rates for first time in four years

    The risk from inflation notwithstanding, the Indian central bank has said that the economic revival is on a strong footing. Overall inflation rose from 3.9% to 4.2% between March and April, while retail price inflation jumped to 4.6%.
  • Truex takes 1st stage at Pocono

    Truex takes 1st stage at Pocono

    Last season, Brad Keselowski grabbed the win in an event with 10 green flag passes for the lead and 12 lead changes. Busch withstood multiple surgeries, went through a grueling rehabilitation program and missed only 11 races.
    French Open 2018: Sloane Stephens thrashes Anett Kontaveit to reach last eight

    French Open 2018: Sloane Stephens thrashes Anett Kontaveit to reach last eight

    She will meet Yulia Putintseva of Kazakhstan, who pulled off a surprise by knocking out Czech 26th seed Barbora Strycova 6-4. Serena Williams will now turn her attention to a singles duel with Maria Sharapova on Monday.
    Rafael Nadal Makes Ball Boy's Day At Roland Garros

    Rafael Nadal Makes Ball Boy's Day At Roland Garros

    Nadal obliged the kid and well, safe to say, made the boy's dream come true. "I'm expecting another five-set match, " Zverev said. Nadal and Schwartzman will resume a gripping last-eight match at 11:00 BST on Thursday. "Today was an important test".
  • Padres fan catches ball with beer, then becomes a legend

    Padres fan catches ball with beer, then becomes a legend

    When the San Diego Padres played the Atlanta Braves on Tuesday, the game was far from exciting to some people. The Padres, last in the NL West, were denied their first four-game winning streak of the season.
    Bradley Cooper Sings With Lady Gaga in ‘A Star Is Born’ Trailer

    Bradley Cooper Sings With Lady Gaga in ‘A Star Is Born’ Trailer

    The same structure seems to be in place for the new version, with Bradley Cooper attempting to mold Lady Gaga into a star. The teaser opens with a seasoned country singer named Jackson Maine (Cooper) performing at an outdoor music festival.
    US, North Korea hold new prep talks for historic summit

    US, North Korea hold new prep talks for historic summit

    NHK reported top US and Japanese diplomats would meet in Seoul for a debriefing, following the meeting. North Korea has blasted Japan for repeatedly raising the issue, and says it's been resolved.


Most liked

Mandarin Oriental fire: Blaze at Knightsbridge hotel
Twenty fire engines and 120 firefighters are now at the scene trying to extinguish the blaze, London's Fire Brigade has reported. The ambulance service said it had not treated any patients but remained at the scene as a precaution.

'Facelift or near death': Trump attacks Melania rumours
He then addressed them again sitting next to his wife, saying, "she went through a little rough patch but she's doing great". He added: "During her recovery from surgery they reported everything from near death, to facelift, to left the W.H".

Puerto Ricans create memorial for hurricane victims, demand proper death toll count
Residents placed more than 1,600 pairs of shoes in front of the building, some with notes and flowers honoring one or more people. Delgado said the shoes will be left out until Sunday, then moved to other municipalities hurt by the storm'.

Sonos Beam is the new compact soundbar with HDMI and voice control
This FCC filing sketch was the first we saw of Sonos' latest simultaneous assault on the music, home cinema and smart AI markets. Google Assistant will also be introduced to the speaker in the future, but it's unclear when that will happen.

IOS 12 Best New Features For iPhone (And iPad, Too!)
Parents will be able to set limits for time their children set in apps, and get detailed reports regarding which apps are used. Mr Federighi said Safari users would now see an alert appear asking users to choose if they would like to share their data.

North West and Penelope Disick celebrate birthdays
The make-up entrepreneur brought along four-month-old daughter, Stormi Webster, who she shares with boyfriend Travis Scott. The guests even had the opportunity to ride ponies with unicorn horns strapped to their foreheads, "Real unicorns guys".

Obit: Mother 'will not be missed'
Dwight said whoever penned the obit "decided to go out with hate". "But in may not be a case of revenge at all". The 80-year-old passed away May 31 and "will now face judgment", Gina and Jay wrote.

Mattis warns of bumpy street to US, North Korea nuclear summit
Pyongyang has rejected the demand of denuclearizing at one stage, and has offered only a "phased" approach to denuclearization. It is not clear what either side is prepared to offer during the negotiations.

David Spade 'can't believe' sister-in-law Kate Spade is dead
One obvious measure of her influence was the number of counterfeit Kate Spade bags one could find on the streets, Arrington said. The officials said housekeeping staff found her hanging inside her Park Avenue apartment at about 10:20 a.m.

At least 25 dead after volcano erupts in Guatemala
A truck is covered in volcanic ash spewed by Volcan de Fuego, or Volcano of Fire, in Escuintla, Guatemala , Monday, June 4, 2018 . The volcano, called Volcan de Fuego (Volcano of Fire), is located 27 miles southwest of Guatemala City , the country's capital.

Homes Had Been Lost to Lava. Now, Hundreds More
Thousands in the Puna area had to evacuate after lava fissures started opening in neighbourhoods a month ago. Kim and Okabe live in Hilo, the county's seat, which is more than an hour's drive from the Kapoho area.

Cristiano Ronaldo to Fulfill Wishes of Children With Make-A -Wish Foundation
He also apparently feels that Neymar would take the spotlight away from him if he did join the Spanish giants. Meanwhile, Cristiano Ronaldo while winning hearts on and off the field is also gearing up for the World Cup.

Masar delivers Derby win for Godolphin
Jockey William Buick leads the field on Masar to win the Investec Derby at Epsom Down Racecourse in England. "I'm delighted for His Highness Sheikh Mohammed - firstly for giving me the position to be here".

Guatemala's volcano eruption: 75 Dead, further 200 still missing
Work was disrupted on Tuesday when a new eruption sent hot gas and molten rock streaming down its south side. Volcan de Fuego is one of the Central America's most active volcanos.

AMD unveils the world's first GPU on 7nm at Computex 2018
At Computex in a press-conference AMD just announced Ryzen Threadripper Gen2, much like Ryzen 2000 based on 12nm Zen + architecture.