Aston Villa will make a major offer for West Brom defender Curtis Davies this week.
Sources indicate that O'Neill is prepared to meet that valuation but the Villa manager is likely to make a bid that will rise to £8m, subject to player and club achievements. Albion will hold out for more money up front, although it is possible O'Neill will eventually seek to broker a player-plus-cash deal. Either way, Villa have supplanted Tottenham in the race to sign the 22-year-old.