The payment relates to Lerner’s sale of the club to Chinese billionaire Dr Tony Xia when Villa were relegated in 2016, which included a ‘three-year promotion bonus’.
Xia paid an initial £76.2m for the club and a clause was included stating that Lerner, who took control of Villa in 2006, would be paid an extra £30m, if the club achieved promotion back to the top-flight in the desired time frame.
Lerner will also be given a further £10m if Villa avoid the drop in their first campaign back.