Lot of interest in buying Baggies

At least five groups have now expressed an interest in taking over West Bromwich Albion.  An Australian consortium, two groups from the Far East and a potential buyer from the United States are known to have expressed an interest.   At least one other group of possible buyers has already been shown round The Hawthorns and the training ground.

At least five groups have now expressed an interest in taking over West Bromwich Albion.  An Australian consortium, two groups from the Far East and a potential buyer from the United States are known to have expressed an interest.   At least one other group of possible buyers has already been shown round The Hawthorns and the training ground.

The price is around £150m, although some sources suggest that it is hoped to raise as much as £200m.   This would represent a considerable profit of around £100m for Jeremy Peace who owns 77 per cent of the shares.  If there is going to be a deal, it is hoped to complete it by early summer.

The club announced pre-tax profits of £14.7m for the year ended June 2014.

Three West Midlands clubs are now on the market: Aston Villa, Birmingham City and the Baggies.