West Bromwich shareholders demand inquiry into loan made to former owner
Getty Images | West Bromwich's current owner, Chinese Guochuan Lai (center), bought the club back in 2014 for £200 million.
A group of West Bromwich shareholders are alleging the club's former owner, Jeremy Peace, used a loan from the club to fund an offer he made to increase his stake in the club's parent company, according to the Daily Mail.
After increasing his stake to 88 per cent, Peace sold his shares to Bromwich's current Chinese owner for £200 million, eight times what he paid.
3 January 2020 - 10:24 AM
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