October 5, 2024

The Baggies missed out on a play-off spot last season, as their slow start to the campaign cost them in the end, as Carlos Corberan did his best to meet the demands.

Coming into this season, there was an expectation that West Brom were going to improve, as they are always considered one of the strongest sides in the league, and Corberan was expected to be allowed to make personal changes.

However, financial issues emerged for the club, and that meant Corberan was only allowed to bring in three new players over the summer.

The Baggies have made a steady start to this season, but the concern will be whether this ongoing takeover situation is going to be resolved anytime soon. Here, we have taken a look at the latest news surrounding it…

It was reported in September by The Telegraph’s John Percy, that several parties were in discussions about buying West Brom Football Club.

Xu Ke, a Chinese director of West Brom, is said to be leading the sale process for Lai, but the £50 million valuation that was originally placed on the club has been laughed at by many finance experts.

But another financial expert Dan Plumley has stated that due to the revelations that NDA’s have been signed between West Brom and parties, the club could be getting closer to finding a new owner.

Plumley told West Brom News: “It seems to be [picking up pace].

“When you get to that stage of NDAs, then you’re looking at people really being involved in due diligence and looking behind the scenes at the books in greater detail.

“That tends to be what happens, of course, we’re not privy to what exactly is going on, and part of the NDAs are there to cover that for good reason.

“You tend to find that when you get to that stage that there are talks being had and conversations being done, backgrounds checks being made, just because of the nature of what an NDA will cover.”

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