West Brom On Verge Of Takeover
Fri 3rd Jul 2015 | Clubs Ownership
A takeover of West Bromwich Albion is expected to be complete in time for the 2015/16 season after the club confirmed exclusivity had been granted to an unnamed interested party.
In a statement released by the club, Chairman, Jeremy Peace today confirmed that exclusivity has been granted to one party interested in the purchase of West Bromwich Albion Holdings Ltd.
Pearce, who owns 88% of the club, has been in discussions with several interested parties in the wake of his decision earlier this year to consider strategic options for the future development and legacy of the club.
“This process should be completed by the end of this month and in the meantime, the club wishes to assure supporters preparations for the new season will remain unaffected,” read the statement.
“The Chairman, Head Coach Tony Pulis, Chief Executive Mark Jenkins and Richard Garlick, the Director of Football Administration, have met to discuss and progress future transfer targets.
“They remain in constant dialogue over the re-shaping of the first-team squad for the 2015/16 Barclays Premier League campaign."
Posted by: Aaron Gourley
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