According to Joercyhn P, the Middle East and the United States are in talks to complete the takeover of West Brom.
A Telegraph reporter on Tuesday (September 19) reported via the newspaper’s website that Albion is under pressure to raise capital after not being able to sell enough players during the summer transfer window.
It is understood that initial talks have taken place for a £50m acquisition, completed before the end of the year, with interest growing from the Middle East and North America. Parties from the Middle East and the US are negotiating to complete the takeover of West Brom. , according to John Percy.
A Telegraph reporter on Tuesday (September 19) reported via the newspaper’s website that Albion is under pressure to raise capital after not being able to sell enough players during the summer transfer window.
Initial talks are believed to have taken place with a £50m acquisition completed before the end of the year with growing interest from the Middle East and North America. The sooner this Chinese property is sold and leaves West Brom, the better.
Lai and his colleagues oversaw the club’s demise as an established Premier League club, making one bad decision after another and threatening to the existence of West Bromwich Albion.
A £20m loan from MSD Holdings in January, combined with all the loans Lai failed to repay to the club, means we are far from being a desirable asset.
We just hope the trouble at Hawthorns doesn’t cause Lai and Ken to attract the wrong people.
However, West Brom can hardly be sold to anyone worse than the current owner. Albion fans don’t even really know who owns the club, so at least a change in ownership would lead to more transparency.
Let’s hope this progresses as we have had many stories like this in recent years but they have yet to come to fruition.
But based on information shared by Percy, the Baggies are at a financial breakthrough and a lack of sales this year could be bad news for January.
