New West Brom Takeover May Face Another
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 has insisted that West Brom taking out additional funding with another loan may mean that any new takeover is pushed back even further.
The Baggies confirmed on 27 November that additional funding had been taken out from MSD Holdings, which is said to provide “increased working capital”.
The finance expert admitted that the news just collides with everything else going on at the club, with any new potential owners now needing to factor in more debt and the collateral on top of that.
“I think it’s another factor there that complicates the issue,” he exclusively told West Brom News.
“It’s not to say that a takeover couldn’t still happen, but it will be a factor in the negotiations as we’re speaking right now because the takeover has not been able to get over the line, it probably means this loan has needed to be taken out, if we take the logic and the assumption that the club has said it is there for football operations.
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