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In an exclusive interview with Football FanCast’s Tom Ward, former Baggies midfielder Carlton Palmer has delivered his verdict on the potential acquisition of West Brom, claiming that it is unlikely to make much of a difference in his current situation.
According to the always reliable John percy At the Telegraph, US investors are eager to buy current owner Guochuan Lai’s Midlands team but are put off by the £ 150m price tag.
Negotiations are claimed to be still ongoing between the two parties on a full acquisition or the purchase of a minority stake of up to 15 percent.
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Lai bought Albion from Jeremy Peace in the summer of 2016 for 200 million pounds and has often been unwilling to fully invest in gaming equipment, leading to tensions between Slaven Bilic and the club hierarchy on his transfer strategy since the summer.
The Baggies posted their first win of the season last week, but there is still a lot of work to be done, something an acquisition could help before the January transfer window.
However, Palmer doesn’t see it that way.
He told FFC:
“With the acquisition, it could make a difference to stability, but will it make a difference in terms of your purchasing power? I do not think so.
“When you’re in that position, you have to accept that you could be a yo-yo club for a season or two, instead of going broke, going broke and bringing in six or seven players with ridiculous money and you get relegated.
“You have to be prepared to accept that and strengthen the club.”
In fact, this has often been the case with some teams that have appeared. You only have to go back to Fulham’s last period in the top flight to see the risk of spending cash to stay.
Cottagers Chairman Shahid Khan splashed £ 100 million in a plethora of disastrous transfers as they were sent back to the Championship after just one season, while almost the same thing happened to their archrivals Aston Villa last season.
However, the Midlands team has some pretty poor records in the Premier League at the moment, as they are the second-lowest scorers in the division, as well as having the second-worst defensive record.
A cash injection might be exactly what they need to solve some of their problems, but as Palmer says, the Baggies need stability above all else right now.
And in other news, Opinion: Luke Dowling Must Ditch West Brom Outcast Kieran Gibbs in January