Baggies takeover deal close?

Chinese firm Dalian Wanda, who have been linked with a takeover of West Brom, are set to make a major announcement on Tuesday.

West Brom: Baggies takeover deal close?West Brom: Baggies takeover deal close?

The company, who are owned by wealthy businessman Wang Jianlin, have been heavily linked with a move to the Premier League to take over the club, as current chairman Jeremy Peace looks to secure between £150-200million for his significant 88% stake in the club.

A source close to the Wanda Group recently told the local press that they have not made a bid for the Baggies, but they posted on Twitter that an announcement will be made at 11am on Tuesday morning in Beijing – 4am in the UK.

It remains a mystery as to what they will be revealing, but many feel it will have something to do with a swoop for West Brom.

Meanwhile, boss Tony Pulis’ admission that he has not yet held new contract talks with Peace also suggests there will soon be a change at the top at the Hawthorns.

When quizzed about new contract talks with Peace, who has been in charge of West Brom for the past 14 years, he told the Express & Star: “No, I’ve stayed away from it.

“Obviously there’s lots of stuff going on at the football club that I don’t want to talk about.

“We’ll see what happens then and we’ll move on from there.”

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