Wba takeover news today

The American, now the Championship club's majority shareholder, has also become the Baggies' new chairman. The Baggies have not played in the Premier League since being relegated at the end of the season, having twice lost their top-flight status under Lai, wba takeover news today. But Wba takeover news today are well placed in the battle for a Championship play-off place, lying fifth under head coach Carlos Corberan - 16 points off an automatic promotion place, although with a four-point cushion on the chasing pack. The takeover, first announced by Albion on 16 February, has taken almost a fortnight to be finalised but, having been approved by the English Football League, Patel has now officially taken charge.

Despite off-field issues, West Bromwich Albion are trying to battle for a place in the top six of the Championship. The Baggies missed out on a play-off spot last season, as their slow start to the campaign cost them in the end, as Carlos Corberan did his best to meet the demands. Coming into this season, there was an expectation that West Brom were going to improve, as they are always considered one of the strongest sides in the league, and Corberan was expected to be allowed to make personal changes. However, financial issues emerged for the club, and that meant Corberan was only allowed to bring in three new players over the summer. The Baggies have made a steady start to this season, but the concern will be whether this ongoing takeover situation is going to be resolved anytime soon. Here, we have taken a look at the latest news surrounding it…. It is no secret that West Brom is up for sale, with Chinese businessman Guochuan Lai looking to sell the club after ongoing financial issues.

Wba takeover news today

The American, now the Championship club's majority shareholder, has also become the Baggies' new chairman. The Baggies have not played in the Premier League since being relegated at the end of the season, having twice lost their top-flight status under Lai. But Albion are well placed in the battle for a Championship play-off place, lying fifth under head coach Carlos Corberan - 16 points off an automatic promotion place, although with a four-point cushion on the chasing pack. The takeover, first announced by Albion on 16 February, has taken almost a fortnight to be finalised but, having been approved by the English Football League, Patel has now officially taken charge. Patel also owns a minority shareholding in Italian Serie A club Bologna, which he has had since BBC Sport originally reported in January that Patel had become a significant candidate to take control of the club from Lai, who had been owner since buying out Jeremy Peace in The American has also previously invested in businesses across five continents including technology, healthcare, real estate, finance, food and beverages. Albion are in their fifth season out of six outside the Premier League, something they have not experienced in more than two decades. Having already won over a fan base who had become increasingly disillusioned under the previous owners, Albion's first task under the new Patel regime will be trying to take all three points off Midlands promotion rivals Coventry City on Friday. Patel was at The Hawthorns for Albion's last home game - the Friday night defeat by Southampton - and is expected to be there for the Coventry game too. How the time under Lai unfolded:. Despite all the off the field turmoil created by his predecessor, Guochuan Lai, the American businessman is inheriting a football club with the infrastructure in place to be the consistent Premier League presence that he aspires for them to be.

Comment posted by Gwladys24, at 28 Feb Gwladys He's only been in 5 minutes and peoiple are already complaining. Loosemoose replied: Are you sure, wba takeover news today, or are we being used even more, watch the ground getting sold next to pay off his investment.

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This copy is for your personal, non-commercial use only. Florida-based entrepreneur Shilen Patel completed his takeover of Championship promotion chasers West Brom on Wednesday. And the Baggies said Wednesday the formalities of the takeover by a company owned by the Patels had been completed, with the deal already approved by the English Football League. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at or visit www.

Wba takeover news today

American businessman Shilen Patel is to become West Bromwich Albion chairman after a deal to purchase an Shilen Patel said he "looks forward to the deal completing next week". Albion, who are currently fifth in the second tier, have been owned by Guochuan Lai since BBC Sport reported in January that Patel had become a significant candidate to take control of the club. In a club statement, he said: "I am thrilled and grateful to have reached an agreement to become the custodian of West Bromwich Albion. The Baggies have not played in the Premier League since being relegated at the end of the season. Baggies supporters' group ActionForAlbion issued a statement to say: "We welcome the news of the takeover of West Bromwich Albion by Shilen Patel and we look forward to what we hope is a bright new future. They are the ones that raised the alarm. They are the ones that brought the story to the world.

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Guochuan Lai willing to drop West Brom asking price. Comedians dream up words you never knew you needed. The Inquiry discusses if the company's new battery could be a watershed moment in car making. Don't think he's your saviour though. Here's what it means for him, and perhaps the NFL Draft cycle. It is no secret that West Brom is up for sale, with Chinese businessman Guochuan Lai looking to sell the club after ongoing financial issues. Albion have needed a fresh start for a long while now. Patel also owns a minority shareholding in Italian Serie A club Bologna , which he has had since More replies 2 down. How Arsenal Women have made Emirates Stadium home. Reply posted by twinprime, at 28 Feb twinprime. The Baggies have not played in the Premier League since being relegated at the end of the season, having twice lost their top-flight status under Lai. Analysis and opinion from our chief football writer. August - Jeremy Peace agrees deal to sell to Guochuan Lai.

The American, now the Championship club's majority shareholder, has also become the Baggies' new chairman. The Baggies have not played in the Premier League since being relegated at the end of the season, having twice lost their top-flight status under Lai. But Albion are well placed in the battle for a Championship play-off place, lying fifth under head coach Carlos Corberan - 16 points off an automatic promotion place, although with a four-point cushion on the chasing pack.

These comments are now closed. BBC Sport originally reported in January that Patel had become a significant candidate to take control of the club from Lai, who had been owner since buying out Jeremy Peace in Premier League fixtures today - your guide to Saturday's games. Here's hoping this proves to be just that. More replies 23 down. Patel also owns a minority shareholding in Italian Serie A club Bologna, which he has had since Guochuan Lai willing to drop West Brom asking price. Nickp replied: Quite. To use comments you will need to have JavaScript enabled. However, it was revealed by Football Insider at the beginning of October, that Lai is now willing to lower his asking price, as he looks to get a deal over the line.