West Brom news as Action for Albion explore plans to contact potential Chinese investors
West Brom fan pressure group Action for Albion are exploring plans to contact potential Chinese investors behind Yunyi Guokai (Shanghai) Sports Development Limited’s ownership, according to the Express and Star.
Action for Albion, who have been protesting for change at The Hawthorns, are looking at ways to contact what they claim to be a myriad of individual or group investors supporting the club’s ownership.
They recently shared a graphic that highlighted that the Chinese state could be the biggest stakeholder at West Brom at 15.77%, which is more than any individual or company.
Speaking to the Express and Star, the group’s founder Alistair Jones said: “We’ll be continuing to add pressure both politically and in media coverage.
“Potentially, we might be looking to do things more China-facing, but that’s difficult to do.
“We would like to potentially contact some investors within what we released recently. We’re of the opinion that the investors may not have an idea of the serious position we’re in, i.e. having to borrow £20million to continue to trade while still owed money from Guochuan Lai from a loan he took.
“We think it’s the right thing to do, to notify the investors linked to Yunyi, to see if they know if this is happening. This is a possibility we’re looking to explore.”
Digging for truth
Although the club’s official website states that Guochuan Lai is the controlling shareholder at West Brom, the new discovery from Action for Albion suggests otherwise.
The lack of transparency that has reared its head time and time again is simply unfair to the Baggies faithful – they don’t deserve this.
Albion fans deserve to find out the truth about the ownership of their football club that they pump thousands of pounds into a year through season tickets, shirt sales and revenue streams on match days.
Thankfully, the continued work by Action for Albion is constantly exposing the reality of the situation at The Hawthorns, something which both the football authorities and the UK government had failed on previously.
Hopefully, their digging can find out the truth behind the lies and figure out the actual structure of West Brom football club. News such as this is damaging the reputation of a historic and well-regarded football club.
It feels like a matter of when, not if, another truth bomb is exposed.
In other West Brom news, a serious allegation has been made about one of the companies behind West Brom’s ownership.