English Premiership

West Bromwich Albion takeover imminent

2016-09-14 13:36
Tony Pulis (wba.co.uk)

Cape Town - The takeover of West Bromwich Albion by a Chinese consortium is expected to be completed this week, after the deal was rubber-stamped by the Premier League.

The Financial Conduct Authority is expected to give the green light for the £175m takeover to go ahead, and it has been suggested the deal could be completed on Wednesday.

This after club owner and chairman Jeremy Peace agreed to sell his controlling stake of 88%, although he is expected to stay on as an advisor for the remainder of the campaign.

Former Blackburn Rovers Chief Executive John Williams will replace Peace as club chairman.

Meanwhile, Baggies manager Tony Pulis has called for a quick resolution to the proposed takeover process, as he feels any further delays could have a negative impact on everyone connected to the club.

"The quicker the takeover happens and we clear the situation the better it is for everybody at the club," said Pulis.

"It's very difficult for me to talk about what the Chinese think. I have only had two meetings with them. But once they take over there will hopefully be a stronger line between myself and them.

Pulis' contract is due to expire next summer, and he admits his future is not in his own hands.

"It's no good me talking about my future," he added. "I don't determine my future, other people do."

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