Wolves fans react on Twitter to West Brom's Chinese takeover announcement

General view of fans outside the stadium before the game

After Wolves last week, West Brom are the latest club to be taken over by a Chinese investment group.

General view of West Brom's Rickie Lambert and Darren Fletcher with flowers in memory of the Hillsborough disaster victimsWest Bromwich Albion

West Bromwich Albion will be taken over by a Chinese investment group, The BBC report, with chairman Jeremy Peace resigning.

Entrepreneur Guochuan Lai is leading the takeover and promises to 'maintain the club's stable structure, respecting its well-run nature and its heritage'.

The Baggies are the second West Midlands club in the past week to be subject to a takeover, with Chinese consortium Fosun International buying a majority stake in Wolverhampton Wanderers last week.

Molineux - general viewMolineux

It has been a fascinating week at Wolves, with manager Kenny Jackett dismissed and Walter Zenga appointed, and four new players signed, Helder Costa, Silvio, Joao Teixeira and Jon Dadi Bodvarsson, with Anderson Talisca tipped to follow.

Unlike Championship hopefuls Wolves, West Brom are already in the Premier League, and will be hoping to use their new found wealth to solidify their Premier League status and build for even more ambitious goals.

West Brom had been linked with a takeover long before Wolves, and there was cause for celebration among the Championship club last week when they beat their Premier League rivals to the punch.

Now the Baggies have a new future of their own to look forward to, and Wolves fans have been quick to have their say...

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