West Brom are engulfed in a three-way takeover battle as owner Lai Guochuan stands eager to sell before the end of the season amid growing fears of relegation.
American-based businessman Mark Campbell, who held talks about buying Sunderland two years ago, is understood to be fronting one of the consortiums with West Brom hoping to have identified a preferred bidder by next week.
Guochuan is desperate to sell, but has yet to receive an offer that meets his £200million valuation and may struggle to recoup the £175m he paid for 88 per cent of West Brom’s shares five years ago.