‘Strong words’ – Radio presenter posts worrying Twitter thread about West Brom ownership
Things are far from rosy at West Brom at the moment with the club in the bottom three and still looking for their first win in the Premier League.
It’s no better off the pitch, either, with doubts over Slaven Bilic’s future.
Now, just to make things worse for West Brom fans, there’s been a really worrying Twitter thread posted on the club’s owners from radio presenter Adrian Goldberg.
Goldberg and Chris Lepkowski have been doing some brilliant work on West Brom recently on their The Liquidator podcast.
In the thread, Goldberg says, “Strong words from Shareholders 4 Albion in letter sent today to #WBA – S4A hold just over 12% of shares held by ordinary fans but were sidelined by Jeremy Peace. They say S4A chairman has been “castigated” in a legal letter sent to S4A by the club.
“Their “crime”? Daring to hand deliver letter for new Chief Exec Ke Xu (aka Ken) at Training Ground after initial letter ignored. They were just asking for an informal meeting. They also report that a shareholder whose family own a significant number of shares and annually pays for an executive box at the Hawthorns has not received any response to written requests for a meeting. They also want to know more about a £3.7m loan in 2014 which has still not been repaid. They question the club’s Corporate Governance.
“They have also referred unresolved questions about the Club’s ownership to the Premier League and say “our majority shareholders are invisible, as is our new Chief Executive. The football club appears to lack the leadership needed at this critical time.
“Will be very interesting to see how the club responds, but it’s clear questions raised in recent episodes of The Liquidator #podcast with me and @chrislepkowski are now surfacing elsewhere.”
In a previous episode of the The Liquidator podcast, it was alleged that West Brom might already have undergone a change of ownership.
And it does seem that there’s something not right at the club at the moment.
At best it’s awful communication and owners that don’t care about fans or other shareholders.
At worst… well, there are allegations made by the Shareholders 4 Albion group and they have informed the Premier League about the lack of ownership and accountability from the West Brom owners.
Then there’s the matter of the £3.4m loan that’s not been paid back.
When West Brom were promoted, they unlocked a lot of money from TV rights that could and should have been spent on strengthening the squad.
That’s what happened at Leeds, who spent £100m on new players this summer.
West Brom left Bilic scratching around for cheap deals.
West Brom fans shouldn’t put their heads in the sand and pretend that there’s nothing going on here. At the very least, we deserve answers to some pretty big questions.
We await the response from the club.
In other West Brom news, ‘He’ll command a lot of money’ – Chapman delivers verdict on potential WBA move for free agent