The Daily Mail journalist stated on Wednesday (15 November) that the Baggies’ ownership change is imminent in Lai’s tenure, with the club’s acquisition cost reaching approximately £60 million, inclusive of settling the MSD loan.
There are currently three interested parties vying to buy the Baggies, all with “strong links” to the United States. Contrary to prior reports, there don’t seem to be potential buyers from the Middle East [Daily Mail, 20 September]. Managing director Mark Miles had confirmed weeks ago the existence of non-disclosure agreements, and sports lawyer David Hinchcliffe was seen alongside Lai at the Baggies’ match against Hull City [The Liquidator Podcast, 5 November], indicating progress in the takeover negotiations.
Progress is evident
After experiencing a downturn in the Championship in recent years, it seems that West Brom’s era under Lai is drawing to a close, and the club is poised for new ownership in the upcoming months. However, caution prevails, as deals in the world of football are known to collapse even at the last minute, even after contracts have been drafted and agreements reached. Supporters are refraining from getting overly optimistic until a takeover is officially confirmed.
The increasing revelation of details about the deal is viewed positively by Albion supporters, providing insight into their club’s prospective new owner. Given the substantial £60 million fee, it is hoped that the buyer will continue to invest in the club.
With the January transfer window approaching, securing a deal in the coming weeks would be ideal, offering support to Carlos Corberan in bolstering his squad for a push towards the top six and the playoffs.
A few quality additions could transform West Brom from promotion hopefuls into genuine playoff contenders.