interesting the latest thing on Company House. Around 57m shares have been added to the existing 85m odd, making 142m total. In other words, the previous total has been increased by 2/3, making 5/3 of the previous total.
The reason for creating shares is usually when capital is added to the company; whoever is putting in the capital buys the shares. This would suggest that somebody is looking to buy 40% of Villa. (They could buy some of Xia's shares as well, to have a larger stake).
The shares are nominally £1 each, for a total injection of £57m. Wow! However, the shares aren't necessarily bought at that price, so it could be lower.
This suggests to me that a deal is close. Unless everybody is thinking about a 40% stake. Don't think such a specific number of shares would have been created unless the size of the stake had been agreed on.