EX-ARSENAL CAPTAIN Tony Adam is heading up a consortium that is hoping to buy Aston Villa, according to reports.

Villa’s current owner Randy Lerner, who took charge of the Premier League club back in 2006, put the it up for sale a year ago but the US businessman is only believed to be willing to sell if they avoid relegation.

They sit two points off the drop zone in 14th position with three league games to go.

Along with former Chelsea director Paul Smith, Gunners legend Tony Adams is a lead member in a group of investors planning a £150m (€200m) takeover bid of the Midlands club, currently managed by Tim Sherwood.

I haven’t heard anything. It’s out of my hands,” Sherwood told the BBC. ”I know Tony but only through playing. He’s a good guy, I have a lot of respect for Tony.

“If the club’s up for sale a decision will be made if a fee is agreed but Randy has given me no indication he’s lost any enthusiasm for this job. He’s excited about what’s happening at the moment.”

Villa play Arsenal in the FA Cup final on 30 May.

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