West Bromwich Albion have confirmed that the takeover of the club by Chinese businessman Guochuan Lai, announced in principle in August, has now been officially completed. It formally marks the end of Jeremy Peace's time running the Baggies. A statement on the takeover issued on Thursday evening explained, "All preconditions to completion of the agreement have been satisfied resulting in the transfer of ownership of West Bromwich Albion Holdings Limited, the principal shareholder of the...
Source: 90min.com