Aston Villa are understood to be in detailed negotiations with a prospective buyer as American owner Randy Lerner moves closer to selling the club this summer . Lerner has been publicly looking for a sale since last May , and meaningful conversations have taken place with an interested party . Finding a buyer with Villa in such a perilous position has proved difficult , but the bounce caused by Tim Sherwood ’ s arrival could accelerate the process . Aston Villa are in negotiations with a prospective buyer as American owner Randy Lerner looks to sell the club . Lerner has been publicly looking for a sale since last May and he is believed to want around £150million . Lerner is believed to want around £150million for the club he acquired for £62.7m in 2006 , spending around £300m in total of his own cash taking in transfers and wages during his time . The identity of the bidder is a closely guarded secret given the vast sums involved and any announcement might not take place until the season is over or Villa mathematically safe . But indications are Lerner ’ s nine-year stay as custodian of Birmingham ’ s biggest club is edging towards an end . Tim Sherwood 's instant impact at Villa Park could speed up the club 's sale as they edge closer to safety . Sherwood helped Aston Villa thump Sunderland by four goals to nil at the Stadium of Light on Saturday .
Aston Villa are understood to be in negotiations with a prospective buyer . Lerner has been publicly looking to sell the club since 2006 . He is believed to want around £150million for the club he acquired in May last year . Lerner paid £62.7million for the club , spending £300million since then .