English Premiership

Villa takeover deal dead - Sherwood

2015-07-15 08:06
Tim Sherwood (AFP)

London - Talks over a planned takeover at Aston Villa by a consortium of investors have collapsed, manager Tim Sherwood said on Tuesday.

British media reported in May that a group of investors led by former Chelsea business director Paul Smith had made a bid for the Premier League club of around £150 million.

American owner Randy Lerner, who completed a £62.6 million takeover of the club in 2006, put Villa up for sale in May 2014 and said recently he would stand down as club chairperson whether or not he managed to sell the club.

"I think it's dead now, to be honest," Sherwood said on Sky Sports.

"It was fairly live, but I think the people who were talking are now not there.

"The chairman is picking it up and running with it now. I'm not sure if anyone is too close now. Until it's done it's never there."

Villa, based in the city of Birmingham, finished 17th in the Premier League last season, one place above the relegation zone. They reached the FA Cup final, but were beaten 4-0 by Arsenal at Wembley.

They have won the English title seven times but the last of those triumphs came in 1981. They won the European Cup in the following season and their last major trophy was the League Cup in 1996.

Villa's Belgian striker Christian Benteke has been strongly linked by British media with a move to Liverpool, who now have money in their pocket following the sale of Raheem Sterling to Manchester City in a deal worth up to £49 million.

Benteke has a buyout clause in his contract and Sherwood reiterated the club's stance that he would not be leaving unless the clause was activated.

"I think Liverpool - I looked the other day - have six or seven strikers at the club. Now I'm not sure how many they actually need," Sherwood said. "We know Christian is a very good player and we want to keep hold of him.

"If someone matches that buyout clause, there is nothing we can do about it. But until that happens, he is an Aston Villa player and we are all very pleased about that."


What To Read Next


Read News24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
Comments have been closed for this article.
Live Video Streaming
Video Highlights
Sport Talk

Saturday, 20 January 2018
Brighton & Hove Albion v Chelsea, The American Express Community Stadium 14:30
Stoke City v Huddersfield Town, Bet365 Stadium 17:00
Arsenal v Crystal Palace, Emirates Stadium 17:00
Everton v West Bromwich Albion, Goodison Park 17:00
Leicester City v Watford, King Power Stadium 17:00
West Ham United v AFC Bournemouth, London Stadium 17:00
Burnley v Manchester United, Turf Moor 17:00
Manchester City v Newcastle United, Etihad Stadium 19:30
Sunday, 21 January 2018
Southampton v Tottenham Hotspur, St. Mary's Stadium 18:00
Monday, 22 January 2018
Swansea City v Liverpool, Liberty Stadium 22:00
Team P W PTS
Previous Results

Date Home Team Result Away Team

Who will claim the Premier League title at the end of the 2017/18 season?

Love 2 Meet
Sport24 on Twitter

Follow Sport24 news on Twitter


The 2017/18 Absa Premiership season is under way. Can Bidvest Wits defend their title? Will Soweto giants Kaizer Chiefs or Orlando Pirates emerge victorious? Or will the bookies' favourites, Mamelodi Sundowns, taste success for a record eighth time? Stay glued to Sport24 to find out!

Latest blogs

Twitter Follow Sport24 on Twitter

Facebook "Like" Sport24's Facebook page

WIN Enter and win with Sport24!

BlackBerry Stay in the loop on your BlackBerry

RSS Feeds Sport news delivered really simply.

There are new stories on the homepage. Click here to see them.