According to a recent report by the Sunday Mirror, West Bromwich Albion will become the latest Premier League club to fall into Chinese hands over the next two weeks.

It is said that Baggies owner Jeremy Peace is ‘close’ to sealing a £150million deal with Chinese investors.

“Peace himself is set to quit with chief executive Mark Jenkins likely to follow. It is understood that sporting director Richard Garlick could move into a boardroom position to help smooth the transition,” quotes the report.

The full details have been under wraps, but rumours have been circulating in the club for some time that China’s richest man Wang Jianlin has been looking to build up a stake in an English club.

He already has a 20% interest in Atletico Madrid, so a move into the Premier League would be the logical next step.

Source: mirror.co.uk

Proofread by Sean O Diobhilin