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Owner-in-waiting Tony Xia held a live Q&A with CNN International today as he discussed his future plans for Aston Villa .

The Chinese businessman spoke in his homeland about where he hopes to take the club in the future and addressed some of the questions that Villa fans want answered.

Read his replies below, and for the video in full, visit CNN International's Facebook page.

What are your plans for the club?

“First, we need to get the club back to where it belongs. Then we have to be realistic. Hopefully we can get back into the top six (in the Premier League) like the club was before and then we will have the chance to play in Europe again.”

How will you do that?

“What has now happened at the club was seven years or so in the making. We have to do something to make it positive again. The right management team will be the most important thing.”

The players the fans want Dr Tony Xia to sign

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Are you expecting promotion straight away?

“We aim to be promoted in one season. That’s the major task for next season. We hope we can do it."

Are you confident?

“For now, yes. Our first priority is to get the right manager in to do the job. We need the manager to be confident."

There have been allegations about your businesses and education at Harvard?

“It’s a miscommunication between languages. We do control even more than five public companies. I don’t care where they came from. What I have to say is wait until you get things done, that’s the most important thing."

Can you afford to buy the club?

“We have a deposit, more than £100m cash in an account in England.

Don’t worry about that. I’m a private person, I don’t want to be public (about things). I want to stay low profile so I can do the things I like. I will take my responsibility to make it right."

What is your net worth?

Didn’t want to answer

But you have the money to spend on the club?

“That’s no problem."

Has the government got any influence in the deal to buy Aston Villa?

“No, no way, I think people have too much imagination in that case. It’s just pure business for me and my people.”

Below: Gregg Evans tells Villa's new owners what needs to be done