The Croatian, whose contract expires at the end of the season, would be able to move to the Premier League side for free.
Villa boss Alex McLeish has targeted the 32-year-old as an economical addition to his squad, according to the Daily Mail.
Olic moved to Munich on a free transfer from Hamburg in 2009.
Restore Data
| Team | P | W | D | L | F | A | GD | PTS | |
| 1 | Bayern MunichBayern | 11 | 9 | 2 | 0 | 36 | 7 | 29 | 29 |
| 2 | Eintracht FrankfurtFrankfurt | 11 | 7 | 2 | 2 | 27 | 16 | 11 | 23 |
| 3 | RB Leipzig | 11 | 6 | 3 | 2 | 18 | 9 | 9 | 21 |
| 4 | Bayer LeverkusenB. Leverkusen | 11 | 5 | 5 | 1 | 26 | 18 | 8 | 20 |
| 5 | Borussia DortmundDortmund | 11 | 6 | 1 | 4 | 22 | 18 | 4 | 19 |
| 6 | Borussia MonchengladbachBorussia M'bach | 11 | 5 | 2 | 4 | 17 | 14 | 3 | 17 |
| 7 | Freiburg | 11 | 5 | 2 | 4 | 13 | 15 | -2 | 17 |
| 8 | Mainz 05Mainz | 11 | 4 | 4 | 3 | 18 | 14 | 4 | 16 |
| 9 | Stuttgart | 11 | 4 | 4 | 3 | 21 | 19 | 2 | 16 |
| 10 | Union BerlinUnion Berlin | 11 | 4 | 4 | 3 | 9 | 9 | 0 | 16 |
| 11 | Wolfsburg | 11 | 4 | 3 | 4 | 20 | 18 | 2 | 15 |
| 12 | Werder Bremen | 11 | 4 | 3 | 4 | 17 | 22 | -5 | 15 |
| 13 | Hoffenheim | 11 | 3 | 3 | 5 | 17 | 22 | -5 | 12 |
| 14 | Augsburg | 11 | 3 | 3 | 5 | 13 | 23 | -10 | 12 |
| 15 | Heidenheim | 11 | 3 | 1 | 7 | 15 | 20 | -5 | 10 |
| 16 | St Pauli | 11 | 2 | 2 | 7 | 7 | 14 | -7 | 8 |
| 17 | Holstein Kiel | 11 | 1 | 2 | 8 | 12 | 28 | -16 | 5 |
| 18 | VfL BochumVfL Bochum | 11 | 0 | 2 | 9 | 10 | 32 | -22 | 2 |
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