Reporter shares West Brom takeover news as Lai enters talks with two buyers
On the pitch, West Bromwich Albion have caught the eye this season and look likely to find themselves in the race for the Championship play-off places.
If Carlos Corberan’s team is to return to the Premier League this season, they will probably have to fight for a spot at Wembley, as they are currently ten points behind Ipswich Town in the automatic promotion spot, sitting as high as fifth.
If those at The Hawthorns saw their side’s form on the pitch replicated away from it, then automatic promotion may well be a serious conversation.
That is not the case, though, as debt and a lack of investment have caused current owner Lai Guochuan to lose favor very fast. There is at least some good news to come, however, with one reliable reporter providing a major update on West Brom’s potential takeover.
West Brom takeover news
Enduring financial troubles under Lai, who has reportedly failed to pay back £10m in loans, West Brom are in desperate need of a fresh start to match their recent run on the pitch.
If Corberan can receive some form of backing to welcome reinforcements into his side, then he may well take the Baggies to a new level, given that he’s already taken them into the top five under the current ownership.
He could yet get that backing too. According to Tom Collomosse, West Brom are in discussions with at least two potential buyers, including one believed to be based in the USA.
Said to be valued at £60 million, the Midlands team appears to be getting closer to a takeover.
Collomose reports that takeover expert David Hinchcliffe, who has advised on transactions for Nottingham Forest and Leeds United, was present in the directors’ box when West Brom defeated Hull City.
Those at The Hawthorns will hope that this is the start of some good news and the beginning of the end of Lai’s ownership of the club.
West Brom edge closer to takeover
As the fixtures come thick and fast for Corberan’s side, the ideal scenario would be for any potential takeover to reach a conclusion as soon as possible.
And reports certainly suggest that things are at least heading in the right direction, albeit without an idea as to just who the new West Brom owners will eventually be.
Corberan recently talked to the Birmingham Mail about the possible takeover and if it will affect his team’s performance.
“I know I work under certain conditions, and I do not like to think about changing them. Instead, we should work to make the most of them.
“We are here for a reason, and depending on the kind of history we choose to write in the club, I always tell the players that this is our chance to contribute to West Bromwich Albion’s past.
I think when life challenges us with difficulty and football challenges us with difficulty, the only way that you have to beat the difficulty is to face it give your best, and be the most creative you can be to find solutions that you need to and have the responsibility to find.
Since changing the situation is the only thing you can do to accept responsibility, that is why.
You have to realize that while everyone wants to experience the best moments in life and in football, sometimes it is the difficult ones where real growth occurs, and you have to be the coach that you need to be.”
