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Randy Lerner has knocked £50million off his asking price as he looks to push through a sale of Aston Villa , claim the Mirror this morning.

Reports today suggest that Villa's American owner is ready to lower his sights to £150m and is looking to the Middle East for a buyer after a sale to an US investor stalled.

Originially the tycoon had hoped to sell the club for £200m but the reports are that the club has been offered to Middle East investors at a reduced rate.

The man in charge is looking for a quick exit, ideally before the start of next season, which is why the price has been slashed.

Manager Paul Lambert is left anxiously watching developments, as Lerner is unlikely to spend on new players with a sale on the horizon.

The claret and blues boss is currently looking for a new assistant and is thought to be interested in Roy Keane.

More on that story here: