Aston Villa will play Arsenal in this year's FA Cup final
Aston Villa are the subject of a takeover bid by a group of investors led by former Chelsea business director Paul Smith.
The bid is believed to be in the region of £150m.
It is understood that ex-Arsenal player Tony Adams would be brought in to work on football matters should the takeover be successful.
Smith is known to current Villa owner Randy Lerner, who put the club up for sale last May.
More to follow.