West Brom are set to become the latest Premier League side to have foreign owners as Jeremy Peace closes in on selling the club for £150m.
According to The Mirror, Peace's protracted two-year process of selling will finally be concluded in the next two weeks. The buyers are not identified in the report, but they are thought to be a Chinese business.
Peace, who bought West Brom 15 years ago, is expected to quit along with chief executive Mark Jenkins. Peace and his team have reportedly worked on closing the deal over the last few weeks and it now looks as though the Baggies will get a significant injection of cash from the foreign investors.
A source is quoted in the Mirror's report as saying: "