Financial worries at West Brom

Concerns over the financial future of West Bromwich Albion continue after Xu Ke (aka Ken), who is the single director of WBA Group, refused to answer any of the 38 questions submitted by independent shareholders.

The questions focused on a £5 million loan taken out by the club's owner Guochan Lai, to prop up his Hong Kong company Wisdom Smart. Several repayment deadlines have been missed. The shareholders were told that they were not entitled to the information.

The Baggies will not have the benefit of any parachute payments next season and have a high interest £20m loan to service.

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The Political Economy of Football V2

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