O'Neill already has ELEVEN Englishmen in his squad, including four current Under-21s and three who featured at the U21 European Championships but who are now too old.
The Northern Irishman has spent more than £18m on young English stars Ashley Young and Nigel Reo-Coker.
O'Neill said: "In an ideal world I suppose I would prefer to buy British players - but they are expensive.
"Mind you, foreign players are dear right now too!
"I'm not thinking 'England' first, I am thinking about Aston Villa. But we have got a lot of the younger England players here and with them being together it will help them progress on to the full senior side.
"I think we have a good sound base of homegrown players and it is something I'd like to add to. If the English talent is around, then I will certainly be going for it."