The Doug Ellis era at Aston Villa is finally over, with Randy Lerner taking over as chairman.
American billionaire Lerner now has 89.69% of the shares and is entitled to compulsorily purchase the remaining 10% to take full control when he reaches 90%.
Ellis' departure as chairman has been confirmed on the Stock Exchange, with Stephen Kind, Anthony Hales, David Owen and Peter Ellis resigning from the board of directors with effect from Tuesday.