Aston Villa must make sure they 'adhere' to Financial Fair Play (FFP) regulations when appointing a new manager, according to Sky Sports reporter Rob Dorsett.

The Lowdown: Manager search ongoing

Steven Gerrard's days at Villa Park are now over, with the former Liverpool captain sacked as manager almost immediately after the 3-0 defeat away to Fulham on Thursday.

A frantic search is now ongoing to find the next man to sit in the Villa Park hot seat, although Aaron Danks will take charge of Sunday's Premier League clash at home to Brentford.

A fresh update has now emerged which doesn't throw a new name into the hat but instead clears up the situation a little.

The Latest: Dorsett drops FFP claim

Taking to Twitter, Dorsett confirmed that NSWE need to be careful with FFP when making the appointment.

He stated:

"Highly unlikely” #avfc will have new head coach for Sunday’s game v #Brentford. Long list of potential candidates will then be whittled down to a number of people the club want to speak to.

"Been told Villa need to be mindful of costs, and ensure they adhere to financial FFP."

The Verdict: Villa must nail the appointment

This does potentially restrict Villa's options a little, with the club unlikely to be able to pay a manager such as Mauricio Pochettino or Thomas Tuchel the huge wages they would likely demand, given their rich CVs.

Sporting Lisbon manager Ruben Amorim has emerged as another possible option and he could fall more suitably into the club's financial bracket, as could Brentford boss Thomas Frank.

Ensuring that the club stick to the rules and regulations is essential, regardless of who the new manager is, and it is imperative that Villa continue to spend within their means rather than gambling on their long-term financial wellbeing.