Report: Consortium ready to launch Aston Villa takeover

A UK-based consortium is reportedly interested in buying Aston Villa from Tony Xia.

Tony Xia, Owner of Aston Villa looks on ahead of the Sky Bet Championship match between Aston Villa and Sunderland at Villa Park on November 21, 2017 in Birmingham, England.

A consortium made up of British businessmen is ready to launch a bid to buy Aston Villa from current owner Tony Xia, according to the Sun.

Xia is ready to sell the club after they failed to achieve promotion back to the Premier League this season, losing 1-0 to Fulham in the Championship playoff final.

Prince William, Duke of Cambridge presents Tim Sherwood manager of Aston Villa with a runners-up medal as Aston Villa chairman Randy Lerner looks on after the FA Cup Final between Aston...

The Chinese billionaire bought Villa from Randy Lerner in 2016 for £60m following their relegation from the England’s top flight.

A group, headed by former agent Matt Southall and including ex-Blackburn Rovers director of football and operations Paul Senior, believe they can purchase the Villans if they match the price Xia paid two years ago.

Aston Villa's fans react to their defeat after the English Championship play-off final football match between Aston Villa and Fulham at Wembley Stadium in London on May 26, 2018. - Fulham...

However, that is not what the Daily Star is reporting, with the newspaper claiming that the owner actually values the club at £100m.

The consortium have made attempts to buy two other teams in the second tier of English football over the past six months.

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Report: Consortium ready to launch Aston Villa takeover