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New Aston Villa chairman Steve Hollis has admitted that the club are in their worst “crisis” for decades.
Villia are currently bottom of the Premier League and 10 points from safety.
The club face West Midland rivals West Brom this weekend and Hollis has accepted that they are currently in a football crisis.
"In football terms, this is a crisis," Hollis told BBC Sport.
"This is the worst position this club has been in for many a decade."
Club owner Randy Lerner has come under fire from supporters in recent weeks who have questioned his commitment to the club.
Fans are unhappy that Lerner has maintained a silence throughout a difficult period since the appointment of new boss Remi Garde.
However, Hollis has defended Lerner and says that there are funds available should Garde want to sign players in the January window.
"Randy has actually put more than £200m in player signings, new money, coming into this over the last 10 years," said Hollis.
Hollis maintains that spending big money isn’t the way forward for the club and instead believes that stability is key for Villa’s future prosperity.
"Five different managers in five seasons," he said.