Xia promises millions for Villa

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New Aston Villa owner Tony Xia says he will spend between £30m and £40m during the transfer window on new players.

The Recon Group, owned by the Chinese businessman Xia, bought the relegated Premier League club on Wednesday from Randy Lerner.

Recon Group is Dr Xia’s privately owned holding company that owns the controlling interest in five publicly-listed companies on the Hong Kong and Chinese stock exchanges and many other private companies employing …

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