Should Xia's takeover go through as expected, one of the first tasks he will be faced with is finding a new manager for relegated Villa after a disastrous season.
Neither Tim Sherwood or Remi Garde could stop Villa from going down to the Championship, and after Garde's departure in March, a new manager is needed to navigate Villa through the second tier.
Now, the Daily Mail have conducted an interview with Xia, and claim that he told them the managerial position has been offered to one manager from three candidates.
The candidates are believed to be Roberto Di Matteo, Nigel Pearson and David Moyes - but when quizzed over which of the three it is who have been offered the job, Xia wouldn't confirm who.
'Xia says he has offered the manager’s job to one of three candidates in the public domain but won’t confirm which of Roberto Di Matteo, Nigel Pearson or David Moyes it is," the report read.
Di Matteo is the favourite with bookmakers, and will be looking for a return to management having left Bundesliga giants Schalke at the end of last season. With a promotion from the Championship on his CV with West Bromwich Albion, Di Matteo looks to be a decent candidate, whilst he also won the Champions League with Chelsea in 2012.
Meanwhile, Pearson also has a promotion from the Championship having won the 2014 title with Leicester City, and Moyes needs to rebuild his reputation having struggled with Manchester United and Real Sociedad.
Any of the three would be great appointments for Villa, and with one of them seemingly offered the job, exciting times could be on the horizon for Villa under Xia's leadership.
Who would you like to see Villa appoint this summer?