 On 14 August 2006 , it was confirmed that Randy Lerner , then owner of the National Football League 's Cleveland Browns , had reached an agreement of £ 62 @.@ 6 million with Aston Villa for a takeover of the club . A statement released on 25 August to the LSE announced that Lerner had secured 59 @.@ 69 % of Villa shares , making him the majority shareholder . He also appointed himself Chairman of the club . In Ellis 's last year in charge Villa lost £ 8.2m before tax , compared with a £ 3m profit the previous year , and income had fallen from £ 51.6m to £ 49m . Lerner took full control on 18 September , as he had 89 @.@ 69 % of the shares . On 19 September 2006 , Ellis and his board resigned to be replaced with a new board headed by Lerner . Lerner installed Charles Krulak as a non @-@ executive director and Ellis was awarded the honorary position of Chairman Emeritus . 
 On 14 August 2006 , it was confirmed that Randy Lerner , then owner of the National Football League <a href='null_genetive' title='1'><mark>'s</mark></a>Cleveland Browns , <a href='been_done' title='2'><mark>had</mark></a> reached an agreement of £ 62 @.@ 6 million with Aston Villa for a takeover of the club . A statement released on 25 August to the LSE announced that Lerner <a href='been_done' title='3'><mark>had</mark></a> secured 59 @.@ 69 % of Villa shares , making him the majority shareholder . He also appointed himself Chairman of the club . In Ellis <a href='null_genetive' title='4'><mark>'s</mark></a>last year in charge Villa lost £ 8.2m before tax , compared with a £ 3m profit the previous year , and income <a href='been_done' title='5'><mark>had</mark></a> fallen from £ 51.6m to £ 49m . Lerner took full control on 18 September , as he had 89 @.@ 69 % of the shares . On 19 September 2006 , Ellis and his board resigned to be replaced with a new board headed by Lerner . Lerner installed Charles Krulak as a non @-@ executive director and Ellis was awarded the honorary position of Chairman Emeritus . 
On 14 August 2006 , it was confirmed that Randy Lerner , then owner of da National Football League  Cleveland Browns , done reached an agreement of £ 62 @.@ 6 million witt Aston Villa for a takeover of the club . A statement released on 25 August to tdaLSE announced dat Lerner done secured 59 @.@ 69 % of Villa shares , making em the majority shareholder . He also appointed himself Chairman of the club . In Ellis  last year in charge Villa lost £ 8.2m b4 tax , compared with a £ 3m profit the previous year , and income done fallen from £ 51.6m to £ 49m . Lerner took full control on 18 September , as he had 89 @.@ 69 % of the shares . On 19 September 2006 , Ellis and his board resigned to be replaced with a new board headed by Lerner . Lerner installed Charles Krulak as a non @-@ executive director and Ellis was awarded the honorary position of Chairman Emeritus .