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The club's American owner Lerner - said to be shocked at O'Neill's swift exit - has flown into Birmingham to meet Villa chief executive Paul Faulkner as the club look to replace a man who led them to sixth in the league, and to the Carling Cup final, last season.
BBC: Aston Villa hope to name Martin O'Neill successor soon
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Ireland manager Eddie O'Sullivan said he was shocked by the decision, having initially assumed the whole affair was an administrative mistake.
BBC: Sheahan to contest ban
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Early on Tuesday evening, a shocked-looking Bill O'Reilly, a firebrand conservative talk-show host, went on the Republicans' favourite news broadcaster, Fox News.
BBC: US election: Republicans must change or die