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Baggies to hold special meeting at request of shareholder fans

Small shareholders at West Bromwich Albion (who still own 12 per cent of the club) have been granted a general meeting to discuss a loan made by the club to former owner Jeremy Pearce: Loan meeting

Albion’s directors had previously opted against holding a general meeting with Shareholders For Albion (S4A) about the matter. But in the hope of drawing a line under the issue, they have now agreed to meet with members in London.

It has previously been alleged by a section of S4A that Peace used the loan from the club to his own company – WBA Holdings – to assist a bid he had made, three months earlier, to purchase shares in WBA Group, the club’s parent company.

Peace increased his stake in WBA Group from around 65 per cent to 88 per cent, which he then sold to Guachon Lai for around £200m two years later in 2016. Using the loan to increase his own shareholding is something Peace has always strenuously denied.

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