Gray has revealed Villa owner Lerner is keen to sell up.
He told talkSPORT: "Randy has been toying with this idea for quite some time. It has been well known that if somebody comes in with an offer, Randy will get rid.
"Whether he has fallen out of love with it, I don't know. The purse strings have been severely tightened since Randy took over.
"They did invest a lot of money in it, the Lerner family, and you have to commend them on that, but in the last couple of years it has been more a case of making ends meet than investing in the future of Villa.
"It has stagnated the club and, if Randy has fallen out of love with owning Villa, then a change of ownership, as long it is the right person, may not be a bad thing."
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