‘I’m going to cry’ – West Brom fans rejoice as takeover saves club from financial abyss
West Brom followers have been left joyous after the membership introduced an settlement has been reached for a brand new majority shareholder. Florida-based businessman Shilen Patel is ready to amass 87.8 per cent of the Baggies’ dad or mum firm West Bromwich Albion Group Restricted. 2 Guochuan Lai’s reign at West Brom is now coming to an finishCredit score: Getty The takeover is reported to be value £60million and it’ll convey an finish to Guochuan Lai’s unsettled reign at The Hawthorns. Lai, who purchased the membership for over £200million in 2016, had been beneath stress to promote the membership amid failure to pay again loans. West Brom have been searching for a brand new purchaser amid growing losses of cash, with greater than £20million mentioned to be borrowed from MSD Holdings Restricted. Nevertheless, there may be now hope for the way forward for the Championship facet and followers took to social media to precise their delight. READ MORE ON THE CHAMPIONSHIP One supporter on X mentioned: “That is the very best information ever!” “I truly suppose I will cry,” added a second. A 3rd mentioned: “YESSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSS thanks Mr Patel.” “Not stopped smiling for the final…