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Premier League: After disappointing season Aston Villa owner Randy Lerner puts club up for sale

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Aston Villa's owner Randy Lerner has decided to end his time at the club and put it up for sale, as the club finished another testing season in the Premier League at the weekend.

The 62 year old American bought the club in 2006 from Doug Ellis for £62.6m. He announced his intention to sell the club with an official statement on the club's website, in which he signified it was time for a fresh owner to reinvigorate the club.

He stated that he had faced a constant struggle at the club over the past couple of years, and that the in English football people's fates are fickle' and that his had been 'pushed well beyond my limit.'

The club were a top half team hoping to break into European football when he took over, and managed to finish 6th in the league for three consecutive seasons between 2007-10.

But big name departures of the likes of Gareth Barry, Ashley Young, James Milner and Stuart Downing amongst others led to a decline on the pitch, and they have finished in the bottom five for the last three seasons.

Sunday's 3-0 defeat meant they finished 15th for the second season in a row, and only confirmed their Premier League survival last week against Hull City.

Lerner stated that he had 'asked the world of Paul Lambert and Paul Faulkner and they have both delivered selflessly.'

He continued that he owed a debt to do what's best for the club, declaring 'To make good on my debt, I owe it to the club to move on, to look for fresh, invigorated leadership, if in my heart I feel I can no longer do the job.'

He continued that the club would carry on as normal whilst a buyer was found, and praised all the staff and officials at the club for their work and support.

He made no mention of the future of manager Paul Lambert, who has come under increasing speculation that he will not be staying at the club for much longer.

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