The Villa boss reportedly needs a win against either Chelsea or Swansea City to avoid the sack.
Sherwood originally replaced Paul Lambert as Villa boss in February with the club marred in the drop zone, before guiding them to five wins in their final 13 Premier League games to secure their top-flight status for another season.
The former Tottenham Hotspur head coach also led the club to their first FA Cup final appearance since 2000 and, despite a 4-0 defeat to Arsenal, he looked like the man to end their run of five straight relegation battles going forward.
However, after losing star men Christian Benteke and Fabian Delph in the summer, his first full campaign in charge has proved somewhat more testing, as the £54.5 million-worth of new signings have failed to prevent the team from falling to 18th-place in the table, having taken just four points from their eight matches.
Without a top-flight victory since the 1-0 opening day win at Bournemouth, they now face a run of league games against Chelsea, Swansea City, Tottenham Hotspur, Manchester City and Everton, respectively, which Sherwood might not last.
Owner Randy Lerner is reportedly growing increasingly concerned at the prospect of missing out on the cash windfall from the Premier League’s new TV rights deal and, according to the Mirror’s report, the ex-Spurs coach is now facing the chop if his side fail to earn a win at either Chelsea next weekend or when Swansea visit Villa Park the following match.
After bringing in 12 new players in the summer – several of them youngsters from overseas, most assumed that Sherwood would be given time to set things straight in the Midlands but, while the board were more than patient with predecessor Lambert, it looks like he will not be afforded the same treatment.