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The former Arsenal manager was sacked as Tottenham boss in spring of last year and has since been waiting to get back into the managerial game.
Alan Curbishley is also said to be in the running for the job, while Louis Van Gaal has already rejected the overtures of 'Deadly Doug Ellis' according to reports coming out of Villa Park.
If Graham does get the job, Villa fans can except to see free-flowing, ambitious, exciting, almost Brazilian-esque football return to the Midlands. Along with the second coming of Christ.