West Brom is hopeful a conclusion can be reached shortly regarding the ownership of the club.
New owners could be in place at West Brom by the end of the month after the club confirmed an interested party had been granted exclusivity in negotiations.
Chairman Jeremy Peace - whose company West Bromwich Albion Holdings owns the majority share in the Premier League club - has been looking to sell in recent months.
The club confirmed in a statement on Friday that it hoped new owners would be in place by the end of July, reassuring fans that preparations for the new season would not be affected.