Daily Express: Randy Lerner will not send Aston Villa into the spiralling debt that is hanging over Manchester United and could cause Newcastle to crash. Lerner, who bought Villa for £62million three years ago, has invested £90m and dreams of winning the Champions League. Yet manager Martin O'Neill's transfer budget will be smaller this summer. O'Neill will be allowed to bring in players but, compared with the £50m spent last summer, Lerner said the money available this time will be modest.

Daily Mail: Aston Villa owner Randy Lerner insists he will not go down the route of Manchester United and Liverpool and plunge the West Midlands club into debt in order to fund another summer spending spree for Martin O'Neill. Speaking to the media for the first time in 18 months, Lerner revealed that O'Neill's transfer kitty will be reduced from the £40million he splashed in the closed season last year.

Mirror: Randy Lerner insists Aston Villa can secure a Champions League spot next term - despite ruling out another spending spree. Lerner gave boss Martin O'Neill £50m last summer for eight new players.

Birmingham Post: Chairman Randy Lerner has remained deliberately vague about Aston Villa's transfer budget to avoid alerting rival clubs to the scale of their summer spending power. Lerner, speaking publicly for the first time in more than 18 months yesterday, was reluctant to put a figure on how much Villa would be willing to invest in new players. The American owner is concerned that selling clubs could quote inflated fees to Villa if he divulges the level of funding at manager Martin O'Neill's disposal.

Sky Sports: Randy Lerner is optimistic Gareth Barry will remain at Aston Villa after discussing a new deal with the midfielder.

Best Of The Rest

Times: At the age of 67, Sir Alex Ferguson knows that he does not have too many more years in which to make history and the most decorated manager in the English game has urged his Manchester United players to seize the moment at the Stadio Olimpico this evening.

The Sun: Ryan Babel is the first high-profile star to be told he can leave Anfield. The Dutch star's agent Winnie Haatrecht met Rafa Benitez last week after Babel made only six league starts all season.

Mirror: Alan Shearer will be offered a four-year contract to rescue Newcastle from their relegation disaster. And as he prepares for talks with owner Mike Ashley today, Shearer warned his flops there will be "big changes next season", and not all of them would survive the inevitable summer cull.

Daily Star: Manchester United have hinted they are ready to shell out the £25.5m asking price for Carlos Tevez.