Aston Villa have been sold to Recon Group, owned by Chinese businessman Xia Jiantong, the English Championship (second tier) club announced on Tuesday.

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Xia, the first mainland Chinese to fully own an English team has taken over the Midlands outfit from American Randy Lerner in a deal approved by the Football League.

A new board will be appointed later this week, the Midlands club said on their website.(www.avfc.co.uk)

Former European champions Villa were relegated from the Premier League last season.