Aston Villa will reportedly make a decision on the future of midfielder Jack Grealish tomorrow.

Villa's failure to secure promotion back to the Premier League has plunged the club into financial trouble, forcing them to offload a number of their highest earners.

Grealish is considered their most valuable asset and could be sold to help balance the books, although the club are determined not to allow him to leave on the cheap.

The Championship outfit are thought to be holding out for a bid of around £40m for the 22-year-old, although Tottenham Hotspur will reportedly look to test their resolve with a £15m offer.

Sky Sports News reports that Villa's hierarchy will hold a meeting on Tuesday to determine their transfer and wage budget for the upcoming season, when a decision will also be made on Grealish.

Grealish came through the ranks at Villa, joining the club at the age of six and going on to make more than 100 first-team appearances.