Martin O’Neill is to stay on as Aston Villa manager following constructive talks with American owner Randy Lerner.
O’Neill’s position has come under scrutiny in recent weeks with reports claiming the Villa boss was seeking assurances about the club’s transfer budget for next season.
O’Neill stated last weekend he was due to meet with Lerner in the coming days to have an in-depth look over the season. Lerner was happy with the meeting and confirmed O’Neill will have money to improve his squad in the summer.
“Martin will be back next year managing,” said Lerner. “It has already been settled. He and I spoke on a number of occasions in person and over the phone.
“Yesterday I dragged him out of a series of meetings with chief executive Paul Faulkner trying to get plans for the summer underway.
“We feel very good about that because it represents continuity for the players and in many other ways.
“I think next year will be exciting and worthwhile and I look forward to it.”
Though some funds would be available for O’Neill to strengthen his squad during the summer Lerner admitted the club would not be able to sign a £30million player.
He said: “That sort of deal would be outside of our means.”