New West Brom takeover may face another delay after collision – Finance Expert
“We are thrilled to introduce Dr. Daniel Plumley, a specialist in football finance, as our exclusive columnist for West Brom. Every week, he will share his insights on the major discussions happening at The Hawthorns.
According to Dan Plumley, the decision by West Brom to secure additional funding through another loan could potentially result in a further delay in any new takeover. The Baggies officially announced on November 27th that they had obtained extra funding from MSD Holdings, aimed at providing increased working capital.
Dr. Plumley acknowledged that this development adds another layer of complexity to the ongoing matters at the club. The prospect of new owners must now account for additional debt and collateral, making negotiations more intricate. In an exclusive statement to West Brom News, he remarked, ‘It’s not to say that a takeover couldn’t still happen, but it will be a factor in the negotiations at this moment. The fact that the takeover has not been finalized likely prompted the need for this loan, as the club has stated it is for football operations.’
He further explained, ‘This implies that part of the reason for the loan is the stalled takeover. As a result, any prospective ownership group must consider this new debt, along with repayments, interest, and collateral, as integral parts of the negotiation process. Therefore, it undoubtedly introduces another layer of complexity into an already intricate takeover, potentially leading to further delays in the established timeframes.’
In summary, this factor adds to the existing complexities within the club, creating a collision with the ongoing developments at West Brom.”