Legendary Arsenal centre-back Tony Adams is reportedly looking to raise £150 million in order to lodge an Aston Villa takeover bid.
Mark Kleinman of Sky News reports that Adams has been working alongside former Chelsea executive Paul Smith in an attempt to raise capital from investors:
They have approached a number of private equity and other investment firms in recent weeks in an effort to raise approximately £75m in new equity to finance an offer for Aston Villa.
The remainder of the funding for a takeover would probably be in the form of new debt, with a unit of Goldman Sachs understood to have been sounded out about providing the additional capital.