FLORIDA entrepreneur Shilen Patel and his father Dr Kiran C. Patel have reached an agreement to acquire an 87.8 per cent shareholding in West Bromwich Albion Group Limited.
That is the parent company of West Bromwich Albion Football Club.
PAAn American businessman has reached an agreement to take over West Brom[/caption]
The takeover has been approved by the EFL – and completion is to take place next week.
Shilen Patel, who will also be named Chairman of, is described as a serial investor across five continents.
He has owned a minority shareholding in Serie A club Bologna since 2014.
Shilen Patel said: “I am thrilled and grateful to have reached an agreement to become the custodian of West Bromwich Albion Football Club.
“The club’s exceptional history, support, and potential set it apart even here in the cradle of football.
“My goal is to help the club achieve a future worthy of its history as a pioneering top-flight club that marshals the pride and passion that have defined the Albion for generations.
“I am excited to get started at The Hawthorns and look forward to the deal completing next week.”
HOW TO GET FREE BETS ON FOOTBALL
THIS IS A DEVELOPING STORY..
The Sun is your go to destination for the best football, boxing and MMA news, real-life stories, jaw-dropping pictures and must-see video.Like us on Facebook at https://www.facebook.com/TheSunFootball and follow us from our main Twitter account at @TheSunFootball.
Creator – [#item_custom_dc:creator]
