West Brom must be wary of EFL rules as takeover news emerges – Finance Expert

We’re delighted to welcome football finance expert Dr Daniel Plumley as our exclusive West Brom columnist. Each week he’ll be giving his views on the biggest talking points at The Hawthorns...

Dan Plumley has insisted that West Brom must be wary of any EFL rule changes when it comes to takeovers as speculation continues to rise.

The Daily Mail reported on 25 July that Fred Chesnais was in talks over a £60million takeover of the club, but new EFL rules have been approved preventing clubs from announcing takeovers subject to their approval.

It means that potential fines are on the cards should that happen, something that Plumley insisted means that even more due diligence needs to be done on both sides with the scrutiny higher than ever.

“Absolutely,” he exclusively told West Brom News.

“It is part of the bigger picture, you have changes in the regulations coming, you’ve got more scrutiny around ownership and takeovers than ever before, certainly the way the narrative is at the minute with the fan-led review and what that is pushing for.

“It’s something that the club will need to be mindful of and it goes back to that wider point about whoever is investing and whoever the outgoing person is in terms of that sale, there is a lot of due diligence that needs to be done on both sides.

“Ultimately, strip that back and from a fan perspective, what we need that to be, is the right decision for the club, and if it isn’t, then you shouldn’t be entertaining that.”

In other West Brom news, one attacker has been mooted to be on his way out of the club this summer