West Brom fans have been hit with exciting news, with the club reportedly in talks with a US group about a possible £150m takeover.
According to a report in the Telegraph, Guochuan Lai has already turned one bid down but remains in talks over a potential £150m deal.
That price is the sticking point at the moment after a poor start to the season has left the club’s Premier League future in doubt.
The price of a club like West Brom will always be fluid.
If the club were mid-table and looking safe in the top-flight after Christmas then the £150m price tag might not be such an issue.
However, if things don’t pick up on the pitch then a much lower price might have to be agreed on. West Brom would not be worth £150m in the Championship.
Remember that Lai paid around £200m for the club so is already willing to take a loss.
There are plenty of fans who are desperate for a deal to go through. However, at the moment, we don’t know who the consortium is.
And there are some fans who are more circumspect about the whole thing – and rightly so.
One fan summed it up perfectly when he said, “Please if this goes through be a good owner. I want Lai out as much as the next fan but if it means an owner comes in who’s even worse I’d rather stick with Lai.”
Please if this goes through be a good owner. I want Lai out as much as the next fan but if it means an owner comes in who's even worse I'd rather stick with Lai #WBA https://t.co/gCc2YPnfhX
— Albion News Gaming (@albion_gaming) November 24, 2020
Torn on this. Of course i want Lai to sell up but these American consortiums have been hit & miss in English football. Hopefully we find out who's exactly behind the takeover #WBA https://t.co/7cSmFkbXul
— tomwba (@tomwba1982) November 24, 2020
There are many others, though, who want Lai out and are deliriously excited by the news about the takeover.
We can understand this as well. The Lai ownership isn’t working out at the moment.
Here are the best reactions to the major takeover news…
OMG OMG OMG https://t.co/nkDEl1lFBp
— Lewis Botfield🇭🇷 (@lewis_botfield) November 23, 2020
OH MY GODDDDDDDDDD https://t.co/IV3QbsmDf6
— WBA Ollie (Mudkip) (@WbaOllie) November 23, 2020
MAKE ALBION GREAT AGAIN 🇺🇸 https://t.co/a4UEmwaFha
— Dave (@DaveWBA1878) November 24, 2020
Please please pleaseeeee 😍 https://t.co/lgfFc00fNV
— Lewis Trout (@lewis_trout1) November 24, 2020
Please get this done before the January transfer window 🙏🏻 https://t.co/T0irjYGxo3
— Thomas smith (@Tumpa86Smith) November 23, 2020
Imagine if @WBA becomes an American-owned club 😍😍 Summer tours across the country anyone? #wba https://t.co/W9qQ4g3X81
— Tim Tierney (@Timmy_Tierney) November 23, 2020
Please please please please please please please please please please please please please please please please please please please please please please please please please please please please please please please please please please https://t.co/Zj8pRiz0M8
— FGVWBA1878 (@fgvwba1878) November 23, 2020
Only good news of 2020 https://t.co/4GFRjlKXwu
— Oli Rohomon (@ORohomon) November 23, 2020
announce premier league champions https://t.co/avXpPxk8xA
— baz (@ftblchaz) November 23, 2020
Oh please be true!!! https://t.co/GVYRqPYIBU
— R. Smith (@Albionwestand) November 24, 2020
The most exciting thing that's happened in the whole of 2020 #WBA https://t.co/aI4me176iO
— Andy (@DJAndyMole) November 23, 2020
Decided I like football again https://t.co/0fsHm1gPZr
— Will c (@courty_will) November 24, 2020
Let’s hope this is true 🙏
— Craig Coburn (@craigcoburn3) November 24, 2020
In other West Brom news, John Percy posts major update on potential £150m West Brom takeover