TSN TV Schedule TSN2 TV Schedule
NFL

Browns owner Lerner to put Aston Villa up for sale

{eot}
The Canadian Press
5/12/2014 9:44:16 AM
Decrease Text SizeIncrease Text Size
Text Size

American businessman Randy Lerner put Aston Villa up for sale on Monday after eight years in control of the Premier League club, saying he was drained by the "week-in, week-out battles."

Lerner's future plans have been the subject of intense speculation following another season when the central England club -- the European Cup champion in 1982 -- came close to relegation.

"I have come to know well that fates are fickle in the business of English football. And I feel that I have pushed mine well past the limit," Lerner said in a statement. "I feel further thatnow is the time for me to look for new ownership and thus new leadership."

Lerner, the former owner of the NFL's Cleveland Browns, bought Villa in 2006 for 62.2 million pounds and pledged to return the club to the top of the English game.

During his time as owner, Villa reached the League Cup final in 2010, losing to Manchester United, and finished sixth in the Premier League for three straight seasons from 2008-10 under manager Martin O'Neill.

But since O'Neill's departure in 2010, Villa's fortunes have tumbled and a youthful team managed by Paul Lambert has narrowly avoided relegation the last two years. It finished 15th in the 20-team league this season and is desperate for investment in new signings.

"The last several seasons have been week-in, week-out battles," Lerner said in his statement. "Iowe it to Villa to move on, and look for fresh, invigorated leadership, if in my heartIfeelIcan no longer do the job."

Villa has won the English league title seven times, most recently in 1981 -- the year before the team lifted the European Cup by beating Bayern Munich 1-0.

Lerner is one of a slew of American owners of clubs in the lucrative Premier League, along with Stan Kroenke at Arsenal, the Glazer family at Manchester United, John Henry at Liverpool and Ellis Short at Sunderland. Fulham, which was relegated from the top flight this season, was bought by American businessman Shahid Khan last July.

Randy Lerner (Photo: Canadian Press)

zoom

(Photo: Canadian Press)
Share This

Share This

Add to FacebookAdd to DiggAdd to FarkAdd to TwitterAdd to Stumble UponAdd to Reddit
Print this Story


2014 NFL Draft

The Houston Texans selected defensive end Jadeveon Clowney first overall in the 2014 NFL Draft.


Round-by-Round Picks: 1 | 2 | 3 | 4 | 5 | 6 | 7

Hall Of Fame

Ray Guy, Derrick Brooks, Walter Jones, Michael Strahan, Andre Reed, and Aeneas Williams, headlined this year's Hall of Fame class. More...

Podcasts

TSN 1050: The Bryan Hayes Show: July 28 - John Kryk

SunMedia NFL Columnist, John Kryk joined Bryan Hayes to discuss the potential of Manziel & EJ Manuel's struggles in camp.

TSN 1050: The Bryan Hayes Show: July 23 - Jim Trotter

ESPN NFL Analyst, Jim Trotter joined Bryan Hayes to discuss Tony Dungy's comments about Michael Sam, Brett Favre's Packers legacy & Johnny Manziel.

TSN 1050: Gamenight: July 22 - John Kryk

NFL Columnist John Kryk of Sun Media joins Gamenight to give his training camp rundown of the Buffalo Bills, New England Patriots and New York Giants.


More Podcasts

© 2014
All rights reserved.
Bell Media Television