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Post by rugbytoffee on Feb 28, 2024 18:13:21 GMT
Florida-based entrepreneur Shilen Patel and his father have completed a deal to take control of West Brom.
The takeover of the Championship club, worth a reported £60m, to acquire Guochuan Lai's 87.8 per cent majority shareholding was approved by the EFL earlier in February. A statement from West Brom read: "Bilkul Football WBA, LLC - a company ultimately owned by Florida-based entrepreneur Shilen Patel and his father Dr Kiran C. Patel - has acquired an 87.8 per cent shareholding in West Bromwich Albion Group Limited, the parent company of West Bromwich Albion Football Club. Shilen Patel, who has owned a minority shareholding in Serie A club Bologna since 2014, has been named as the new Baggies chairman.
He said: "I am delighted and humbled to become the new custodian of West Bromwich Albion Football Club.
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