West Brom are in talks with crypto investor Fred Chesnais over a potential £60million takeover of the club, according to the Daily Mail.
The outlet reported (25 July) that the French investor is willing to make a cash offer for the Baggies and all its assets, including the stadium and training facilities. Current owner Guochuan Lai is reportedly open to offers for the club, the Mail said.
Chesnais is the founder and chief executive of blockchain service Crypto Blockchain and has submitted the first offer to buy West Brom.
Too early to tell
Not a lot is known about the Baggies’ new prospective owner. Crypto Blockchain is described by the Mail as a company “who invest in blockchain-based services across the sport and entertainment industries”.
Their website claims their “goal is to unlock value by investing in blockchain-based services across multiple industries, either as…
