West Brom Close to Securing Takeover
July 3, 2015
English Premier League club West Bromwich Albion have granted exclusivity to an unnamed party interested in purchasing the club.
The club hope to have the process completed by the end of the month, ambulance with new owners in place.
An official club statement read: “Chairman Jeremy Peace today confirmed that exclusivity has been granted to one party interested in the purchase of West Bromwich Albion Holdings Ltd.
“This follows 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.”