West Brom takeover talks enter 'critical' stage
Talks over a prospective Albion takeover have reached a critical stage with controlling shareholder Guochuan Lai hoping to complete a sale within weeks.
American businessman Dr Shilen Patel remains the frontrunner and is understood to be the preferred bidder of MSD Holdings, the firm which has loaned the Baggies around £28million since the start of last year.
Negotiations with Florida-based Patel have been ongoing for a number of weeks and are understood to be at an advanced stage, though he is not the only contender with the Armenian-backed Noah Football Group also retaining a serious interest.
Though the pressure on Lai to sell is increasing, there is confidence a deal can be struck.
