{"id":289302,"date":"2023-09-20T00:34:01","date_gmt":"2023-09-20T00:34:01","guid":{"rendered":"https:\/\/sportstoft.com\/?p=289302"},"modified":"2023-09-20T00:34:01","modified_gmt":"2023-09-20T00:34:01","slug":"west-brom-in-talks-with-possible-buyers-to-seal-takeover-before-2024","status":"publish","type":"post","link":"https:\/\/sportstoft.com\/soccer\/west-brom-in-talks-with-possible-buyers-to-seal-takeover-before-2024\/","title":{"rendered":"West Brom &apos;in talks with possible buyers to seal takeover before 2024&apos;"},"content":{"rendered":"<h1>West Brom &#8216;in talks with multiple possible buyers to seal \u00a350m takeover before 2024&#8217; &#8211; with current owner Guochuan Lai looking to sell up as club &#8216;look at options from America and the Middle East&#8217; amid financial problems<\/h1>\n<ul>\n<li><strong>West Brom are reportedly in talks with multiple possible takeover buyers<\/strong><\/li>\n<li><strong>The financially troubled club want to sell fast to avoid a January firesale of stars<\/strong><\/li>\n<li><strong>Listen to the latest episode of Mail Sport&#8217;s podcast It&#8217;s All Kicking Off!\u00a0<\/strong><\/li>\n<\/ul>\n<p>West Bromwich Albion are reportedly stepping up their search for a new owner, with current one Guochuan Lai looking to sell before the end of the year.\u00a0<\/p>\n<p>The Championship club has held exploratory discussions with parties from the Middle East and the United States and are hoping for a takeover worth around \u00a350million.\u00a0<\/p>\n<p>West Brom hope to sell before the next transfer window in order to avoid having to sell off even more talent to soothe their financial woes.\u00a0<\/p>\n<p>Dara O&#8217;Shea departed the side for Burnley\u00a0in the summer for a fee below his release clause.<\/p>\n<p>There are concerns their Championship status could come under threat should they have to sell off more first-teamers for a slashed price.\u00a0<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/i.dailymail.co.uk\/1s\/2023\/09\/20\/00\/75619465-0-image-a-63_1695167974758.jpg\" height=\"423\" width=\"634\"><\/p>\n<p>West Brom owner Guochuan Lai has only been seen once at the Hawthorns since 2018<\/p>\n<p>Your browser does not support iframes.<\/p>\n<p>Now, their search for a new owner has intensified after their summer sales were insufficient, as reported by The Telegraph.\u00a0<\/p>\n<p>Lai is loathed by many fans, considering he has only been seen at the Hawthorns once since 2018.\u00a0<\/p>\n<p>He took over the club for \u00a3200m in 2016 but is now looking to sell it for a quarter of the price.\u00a0<\/p>\n<p>Fans demanded a meeting with him last season as they were anxious to know when he would repay a \u00a35m loan, taken out of the club in March 2021.\u00a0<\/p>\n<p>The club\u2019s parent company also took a \u00a320m, four-year loan in December 2022 to \u2018finance general business operations\u2019.\u00a0<\/p>\n<p>Parachute payments from the Premier League have expired, leaving the club in a more precarious place than they would like to be.\u00a0<\/p>\n<h3>IT&#8217;S ALL KICKING OFF!\u00a0<\/h3>\n<p><span><span>It&#8217;s All Kicking Off is an exciting new podcast from Mail Sport that promises a different take on Premier League football.<\/span><\/span><\/p>\n<p><span><span>It is available on MailOnline, Mail+, YouTube, Apple Music and Spotify.<\/span><\/span><\/p>\n<p>Your browser does not support iframes.<\/p>\n<p>Source: <a href=\"https:\/\/www.dailymail.co.uk\/sport\/football\/article-12538165\/West-Brom-talks-multiple-possible-buyers-seal-50m-takeover-2024-current-owner-Guochuan-Lai-looking-sell-club-look-options-America-Middle-East-amid-financial-problems.html\" target=\"_blank\" rel=\"noopener\">Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<div class=\"mh-excerpt\"><p>West Brom &#8216;in talks with multiple possible buyers to seal \u00a350m takeover before 2024&#8217; &#8211; with current owner Guochuan Lai looking to sell up as <a class=\"mh-excerpt-more\" href=\"https:\/\/sportstoft.com\/soccer\/west-brom-in-talks-with-possible-buyers-to-seal-takeover-before-2024\/\" title=\"West Brom &amp;apos;in talks with possible buyers to seal takeover before 2024&amp;apos;\">[&#8230;]<\/a><\/p>\n<\/div>","protected":false},"author":2,"featured_media":289301,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>West Brom &amp;apos;in talks with possible buyers to seal takeover before 2024&amp;apos; - Sportstoft<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sportstoft.com\/soccer\/west-brom-in-talks-with-possible-buyers-to-seal-takeover-before-2024\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"West Brom &amp;apos;in talks with possible buyers to seal takeover before 2024&amp;apos; 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