[Stairs]

It looks like the JP era could be over very soon - we have heard this all before and so not getting too worried/excited by it.

http://www.mirror.co.uk/sport/football/n...ce-5460946?

In summary the article says:
People Sport understands the Baggies chairman and majority shareholder is well underway with his plans to offload the Premier League outfit.

Peace gave authorisation to a firm in the city to find him a buyer – and several interested parties have been shown around the club’s facilities in the past few weeks.

Two groups, one from America, the other from the Far East, have shown an interest.

The asking price is in the region of £150million, giving Peace a huge profit on the club he bought for a few million pounds at the turn of the Millennium – returning a personal gain in excess of £100million for the 15 years he has been in charge at the Hawthorns.

[wba_1996]

The Sun reported a sale was close a week ago, and Neil Moxley is usually reliable when it comes to Albion so there could be something in this.

Peace was always quoted as saying he would only sell to someone with the clubs best interests at heart so lets hope if there is something in the pipeline he sticks to his word.

I'm not going to bother trotting out the old "we'll do a Leeds/Pompey", "look at the Venkys/Vincent Tan" etc. as it has all been said before, lets just hope that if there is a buyer interested they plan on slowly growing the club and not turning us into the mess of a club who battered us yesterday. Or even worse just asset stripping us and milking the TV deal dry.

[BC Baggie]

Expect us to be playing at the sports world stadium, in a red and blue shirt with the owners sons on the coaching staff. And you forget things like Astle day and bomber brown statues. But I suppose anything is better than that tyrant jeremy peace

[Tom_Wba]

Said this the other week on twitter but my gut feeling is that an Indian will buy us, Even though the article says different
http://www.expressandstar.com/sport/2015...ch-albion/

[Worldclassalbion]

I gotta admit this news has me worried not excited. JP can be infuriating at times but he has een outstanding on the financial side of things. Ideal situation would be a billionaire benefactor coming in and keeping JP around.

[BC Baggie]

Said this the other week on twitter but my gut feeling is that an Indian will buy us, Even though the article says different
http://www.expressandstar.com/sport/2015...ch-albion/


--------
Good point tom, have an idea there was some sort of tour/trip to India last year, so there's obviously been an active attempt to strengthen relations with this part of the world.

[Slick_Footwork]

A deal was done and dusted months ago based on us staying in the Premier League
and hence why JP appointed Pulis and gave him full control.

I was told about this from a very reliable source months ago, was pretty shocked it
took so long to hit the press. Unfortunately I have no idea who the buyer is though.

[betterthanbaird]

A deal was done and dusted months ago based on us staying in the Premier League
and hence why JP appointed Pulis and gave him full control.

I was told about this from a very reliable source months ago, was pretty shocked it
took so long to hit the press. Unfortunately I have no idea who the buyer is though.

Interesting.

[Tom_Wba]

Aston Villa are being targeted by a wealthy Chinese consortium who want to complete a takeover immediately after the FA Cup final.

Tim Sherwood’s side stunned Liverpool on Sunday to set up a showdown against Arsenal on May 30.

And Villa could lift the Cup then be in new hands within hours as the Chinese are determined to buy a Premier League club.

The group have also held talks with neighbouring West Brom as a back-up plan as the move for Villa would depend on them avoiding relegation.

MirrorSport understands the consortium already have representatives in England and are doing due diligence ahead of completing a Villa deal in early June.

They have been at the training ground and toured the club as wantaway owner Randy Lerner is willing to sell for around £150million.

But four miles away, Baggies chairman Jeremy Peace has also put his club up for sale - and the same Chinese group are interested in Albion as an alternative.

Peace, who has shown the group around their stadium and facilities, is holding out for upwards of £100m.

Villa, whose sale is being handled by Bank of America Merrill Lynch, has more potential with its top stadium, training ground and bigger fanbase, but is also more expensive.

Albion, meanwhile, recently posted annual financial results showing pre-tax profits of £14.7m on an income of £86.8m.

Peace is believed to have impressed the group with his financially prudent methods such as having all staff on flex-down contracts should the club be relegated.

But Albion have an ageing squad and boss Tony Pulis wants major investment in the new younger players this summer to avoid another relegation battle.

The Chinese consortium are thought to be the only serious bidders in for both Villa and West Brom.

But they have also apparently enquired after Crystal Palace, valued at around £90m, following a hitch in talks with US businessman Josh Harris’ Apollo Global Management group.

A deal was progressing but Eagles owner Steve Parish is believed to have raised the terms recently when they started flying under new boss Alan Pardew.

Parish, a Palace fan, also is insisting on staying on at the club in a senior role after the takeover.

Far East sources say the Chinese group have been after a Premier League club for a year and are now hopeful of finalising a deal.

If successful, they plan to strategically raise revenues in China by growing the brand to reinvest in the club in line with Financial Fair Play.

[Dingle-Dingle]

Echo`s of Birmingham ring in my ears. DD