Former Cleveland Browns And Aston Villa Owner Randy Lerner Just Made 38 Million From A Team He No Longer Owns
Lerner owned Aston Villa from 2006 until 2016. The club had been a proud member of the Premier League, but Lerner was largely blamed for being an inactive owner. The club struggled as he failed to invest in new players, and Aston Villa was relegated to the Football League Championship. Villa ended up selling the team at a loss to Chinese businessman Tony Xia. It seemed like a catastrophic failure, but there was a clause in the sale that just paid off big time....