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Who is the new Villa owner?
- Updated: May 19, 2016
Aston Villa have a new owner after Randy Lerner agreed to sell the club to the Recon Group, owned by Chinese businessman Dr Tony Jiantong Xia.
The deal – worth between £60 and £70m – is for 100 per cent ownership and will go through subject to approval by the Premier League and Football League.
But who is Dr Xia? Here is all you need to know about Villa’s new owner…
Background
Dr Xia is the chairman, CEO and owner of Recon Group.
Recon Group is a holding company that owns the controlling interest in five publicly listed companies on the Hong Kong and Chinese stock exchanges. It employs 35,000 people in 75 countries.
After finishing his studies in China, Dr Xia was …
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