OFFICIAL STATEMENT: Update on club ownership
Chairman Jeremy Peace today confirmed that exclusivity has been granted to one party interested in the purchase of West Bromwich Albion Holdings Ltd.
This follows discussions with several interested parties in the wake of his decision earlier this year to consider strategic options for the future development and legacy of the Club.
This process should be completed by the end of this month and in the meantime, the Club wishes to assure supporters preparations for the new season will remain unaffected.
The Chairman, Head Coach Tony Pulis, Chief Executive Mark Jenkins and Richard Garlick, the Director of Football Administration, have met to discuss and progress future transfer targets.
They remain in constant dialogue over the re-shaping of the first-team squad for the 2015/16 Barclays Premier League campaign.