Finance expert shares his understanding as typographical error emerges in West Brom paperwork after £20m loan
We’re delighted to welcome football finance expert Dr Daniel Plumley as our exclusive West Brom columnist. Each week he’ll be giving his views on the biggest talking points at The Hawthorns...
Dan Plumley doesn’t expect a misspelt word in a West Brom document will have any ramifications on the £20million loan taken out from MSD Holdings.
After the controversial, four-year loan was secured against all assets of the club, a document emerged on Companies House confirming what properties are at risk if the loan isn’t repaid.
However, on the first page of the document, Middlemore Road – the road where away fans exit The Hawthorns at the end of matches – is spelt wrong.
Instead, the road is spelt as “Middlemoor Road”.
When discussing whether the misspelt word is nothing more than a minor, superficial issue, Plumley told West Brom News: “That’s my understanding of it.
“I genuinely don’t know whether that would mean anything in regard to the charge.
“I imagine there is a process to it if you’ve got typos in there but I don’t know if that changes anything.
“I’ve just searched the document and that word only appears once, so it is only one typographical error.
“I’ve got no idea what it means in legal terms.”
Albion confirmed the £20million loan from MSD Holdings last month.
Since then, controlling shareholder Guochuan Lai has failed – for the second time – to repay a £4.95million loan to the club that was taken out in March 2021.
In other West Brom news, Albion are in talks to terminate this big-money player’s contract early.