Patel completes West Brom takeover

Football
16 Feb 2024 • 1:16 PM MYT
Tribal Football
Tribal Football

Tribal Football covers news from the Premier League, LaLiga and Serie A

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West Bromwich Albion have confirmed they have a new owner as of this week.

The Championship club have been purchased by medical magnate Shilen Patel.

Per The Mirror, the Baggies have finally ended a saga that has lasted more than two years.

Lai Guochuan, a Chinese entrepreneur, bought the club eight years ago from Jeremy Peace.

However, financial issues mean that West Brom have now been sold for around 60 million.

The club does owe a lot of money to finance company MSD, debt that is being settled in this deal.