Foreign investors close to West Brom bid
Foreign investors are thought to be close to making an offer for West Bromwich Albion, with two overseas parties showing interest in the club, according to officials.
Interest in the club in beginning to hot up after chairman Jeremy Peace set a mid-summer deadline on any deal when he put it up for sale for £200 million. He said he does not want negotiations to interfere with planning for next season.
Albion said two overseas parties had shown strong interest in taking over the club and that the end of May would be the 'critical' point if there is to be a takeover.
Other groups are also believed to be monitoring events from afar before deciding whether to enter the battle for the club.
Groups from America and the Far East have made contact about potentially taking over the club but the chairman is ready to walk away from any deal if it is not completed by the start of pre-season training in July.
