West Bromwich Albion owner Guochuan Lai took a £4.95 million loan from the club to help Wisdom Smart Corporation Limited — another company owned by the Chinese businessman — through the COVID-19 pandemic. WBA More from EliasBurke
West Bromwich Albion owner Guochuan Lai took a £4.95 million loan from the club to help Wisdom Smart Corporation Limited — another company owned by the Chinese businessman — through the COVID-19 pandemic.
The accounts were submitted to Companies House yesterday and will be published within three to five working days."The club's annual accounts for the 2020-21 season detail a loan to Wisdom Smart Corporation Limited, a related party to me. "The upturn in the global economy has brought with it greater positivity and I can confirm I will repay the loan in full, with interest, by the end of the current calendar year and the funds will be available to the club during the January 2023 transfer window.
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