Chris Lepkowski has stated that, despite current ownership talks at West Brom, the wage cost needs to be reduced.
A new injection of finance is advised to mitigate the damage, but a “big few weeks” ahead of a potential change of ownership at The Hawthorns are looming.
On December 12, John Percy stated that a takeover was imminent, with Guochuan Lai planning to provide exclusivity to a preferred bidder before Christmas.
The takeover news from a few days ago is certainly encouraging but the situation remains that the wage bill needs to be reduced 𝘪𝘳𝘳𝘦𝘴𝘱𝘦𝘤𝘵𝘪𝘷𝘦 of any acquisition. This is where #wba are (as are other Championship clubs). Fingers crossed a takeover lands in early January
— Chris Lepkowski (@chrislepkowski) December 14, 2023
“The takeover news from a few days ago is certainly encouraging,” he wrote on X, “but the situation remains that the wage bill needs to be reduced regardless of any acquisition.”
“Obviously, a capital injection from a new investor could mitigate this damage.” However, the amount of governance required to rubberstamp an acquisition would take time.
“Feels like a big few weeks looming.”
Warning.
This message aims to caution against excessive celebration regarding a possible new takeover, emphasizing the time required to restore normalcy. The club bears significant debt, a complex issue that won’t be swiftly resolved. Even if a takeover occurs before January, immediate change isn’t guaranteed.
EFL takeovers this season have proven challenging, indicating a prolonged process, leaving anxious fans waiting. Recent issues at West Brom suggest a potentially extended waiting period.
January presents two potential scenarios: either selling players or taking a risk by welcoming new owners to inject funds for player acquisitions.
The situation’s development will unfold gradually over the Christmas period, and positive outcomes are hoped for, although the timing and nature of the answers remain uncertain.
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