Joseph Masi: Lai wants to invest more in West Brom before a future sale
Guochuan Lai visited West Brom today for the first time in three years, and he still plans to sell the Baggies, according to Express and Star reporter Joseph Masi.
The Chinese businessman reckons an immediate sale is not possible right now, and he will look to help them return to the Premier League before considering that.
Masi shared the information on his personal Twitter account after Lai made an unexpected visit to the Baggies facilities on Wednesday (15 December).
He said: “It’s believed Lai still wants to sell Albion. But he accepts a sale is unlikely in the foreseeable future.
“Therefore, he wants to give his investment some TLC (tender loving caring) to help them back to the Premier League.”
The billionaire left the day-to-day running of the club to chief executive Xu Ke and chairman Li Piyue, and given that he reportedly wants out, it is only normal if he is indeed looking to invest in the squad in January.
West Brom are looking to seal an immediate return to the top-flight, and Valerien Ismael could do with a couple of quality additions to his team next month.
Only five points separate his side from Championship league leaders Fulham after 22 games, and a good winter transfer window could help them clinch automatic promotion.
Lai has not invested any money in West Brom in five-and-a-half years, though, and the fans can be forgiven if they have their doubts over him possibly doing so right now.
He bought the Baggies in a £200million deal from Jeremy Peace in July 2016, and he will be looking to make some profit once it is time to sell.
Masi further reported that Lai discussed the future of the club and the January transfer window with the Frenchman today, and that could mean something promising is on the cards ahead of the coming weeks.
In other West Brom news, a billionaire-owned club wants to sign Baggies ace as two-man shortlist emerges.