West Brom campaigners meet with senior politicians over running of football club
Campaigners met with senior politicians this week to discuss the ownership and financial situation surrounding West Bromwich Albion FC.
Representatives from pressure group Action for Albion, which was set up over concerns regarding the way the club has been run under owner Guochuan Lai, together with Shareholders for Albion outlined their concerns to West Midlands Mayor Andy Street and West Bromwich East MP Nicola Richards.
The supporters’ groups have been highlighting serious concerns about the developing situation at the club and campaigning for a change of ownership.
In December last year, Baggies supporters were rocked when plans to take out a £20 million loan from MSD Holdings, a New York-based investment firm, across a four-year period were confirmed.
The borrowing, to help with running costs, was taken against all West Bromwich Albion Group assets.