For the second time this summer, a British football club has been sold to Chinese investors. King & Wood Mallesons (KWM) is advising on the most recent deal: the sale of West Bromwich Albion Football Club to the Chinese investment group Yunyi Guokai Sports Development.
Club chairman Jeremy Peace, who holds an 88 percent stake in the English West Midlands football club, will sell the soccer team, known as West Brom, to the Shanghai-based company, which is controlled by 42-year-old Chinese businessman Guochuan Lai.
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