New ownership is on the horizon for West Bromwich Albion

The owner of West Bromwich Albion is believed to be interested in selling the Premier League club and reports are claiming that a Chinese Investment group has already decided to offload £150million in order to take around 88% of the English outfit.

West Bromwich Albion has already confirmed that they have been establishing meetings and reached a phase where an agreement has actually been done and the new owners are expected to take full control of the club before the start of the next season.

These new owners are ambitious and might guide West Bromwich Albion to more signings which would help the club in progressing further.

Jeremy Peace bought West Bromwich Albion back in 2003 and ever since then has helped them in staying at the Premier League and even when the new owners take full control of the team, the current manager Tony Pulis is expected to remain in charge of the squad as his job is believed to not be affect by these changes.

There are however, many modifications that will be done within the internal staff of the club including having to find a new Financial Director. Mark Jenkins is the current Finance Director of West Bromwich Albion but for the past few years he has also been taking the role as the Club’s Chief Executive, in order to take off some of his responsibilities and weights from his shoulders, the Premier League has been in search of a new Finance Director.

Jeremy Peace along with Mark Jenkins have been instrumental in keeping the club profitable for the past few years as they have been consistently debt-free for the past few years and these new owners are hoping to do the same with the club.