Aston Villa boss has told the Gregg Evans of the Birmingham Mail that the proposed takeover from a consortium has broken down.
Villa were understood to be of interest of several different buyers, but at the final moment of exclusivity it seems the deal is off the table.
Sherwood said, “I think it’s dead now to be honest”
“It was fairly live but i think the people who were talking are now not there”
Despite the sale, it is understood Lerner is still backing Tim Sherwood and the club – with the signing of Idrissa Gueye and Jordan Amavi is expected to join the club soon.
Sherwood went on “Randy is the one who is making the decision regarding the players”
“He is willing to back us to the hilt”
“But he can only back us to the tune of Financial fair play. That means there might have to be some exists from the club before we can get some more”
