The decision comes after it was established that the London clubs could finish level on points and both goal difference and goals scored. Such an event could only occur if Chelsea draws against Everton and Arsenal beats Newcastle by a one goal margin – though the Gunners would need to score two more than the Blues in each scenario.
The result would be for a one-off match to be played at Villa Park on May 26, with automatic qualification for the Champions League and an extra 755,000 pounds up for grabs.
A statement from the Premier League read: “Villa Park has been selected as the venue for a third-place playoff between Chelsea an Arsenal, should Sunday's results leave the two clubs level on points, goal difference and goals scored in the Barclays Premier League standings.
“In this eventuality the Premier League has made arrangements for a single match to take place between Arsenal and Chelsea at Villa Park on Sunday 26 May 2013 at an early afternoon kickoff time to be confirmed.
“The Premier League has consulted with the two clubs throughout the process of planning for this potential match with all parties in agreement that, should it be required, it should take place as soon as possible after the end of the season. The Premier League would like to thank Aston Villa for their cooperation in this matter.”