West Brom becomes the third West Midlands football club to be acquired by Chinese investors | Leisure Opportunities
Leisure Opportunities

Leisure Opportunities

Job Search
see all jobs
Job opportunities
Bracknell Leisure Centre
£15.46 weekdays & £18.68 weekends pa
Bracknell, United Kingdom
Rudding Park
Excellent salary and package on offer
North Yorkshire, United Kingdom
The Falkirk Stadium
£37,658 - £41,188
Falkirk, United Kingdom
Becky Adlington's Swim Stars
Up to 19k-23k plus PRP
Midlands, United Kingdom
Surbiton Racket & Fitness Club
£20k - £23K depending on experience
Surbiton, United Kingdom

West Brom becomes the third West Midlands football club to be acquired by Chinese investors

Job opportunities
Hull Culture and Leisure
30,785 - £33,437
location: Hull, United Kingdom
City University of London
£22,214 - £24,285 per annum
location: London, United Kingdom
Chesterton Sports Centre
£16,123 - £16,781 per annum, pro rata
location: Cambridge, United Kingdom
more jobs

Premier League football club West Bromwich Albion (WBA) has become the latest West Midlands team to be acquired a Chinese investor.

Guochuan Lai’s Yunyi Guokai Sports Development Limited has bought 88 per cent of the club’s shares from outgoing owner Jeremy Peace.

The entrepreneur made his fortune with the development of Palm, a landscape design and construction company which is dedicated to eco-town development in China. It is listed on the Shenzhen Stock Exchange with a value of £1.8bn (US$2.4bn, €2.1bn).

Building WBA’s presence in the football-hungry China is the priority for Guochuan, who plans to build football facilities in the heart of the eco-town communities he is designing to “accelerate the Chinese government’s plans to develop football in the country”.

Peace will remain in an advisory capacity during the transitional period, although he will be replaced as chair by former Blackburn Rovers boss John Williams. He said that Guochuan had a “passion for the game” and would help the club develop in an “increasingly global age”.

Guochuan said: “My immediate priorities will be to maintain the club’s structure, respecting the well-run nature and its heritage. I have no intention of changing the club’s ethos.

“This deal will result in a rapid and significant increase in interest in the club in China, which should lead to attractive commercial opportunities.”

The acquisition follows a spate of similar deals between Chinese businessmen and clubs in the region.

Last month, WBA’s nearest and fiercest rival Wolverhampton Wanderers was purchased by Fosun Group, while Birmingham-based Aston Villa – traditionally the biggest club in the area – was acquired by Tony Jiantong Xia.

Sign up for FREE ezines & magazines
Premier League football club West Bromwich Albion (WBA) has become the latest West Midlands team to be acquired a Chinese investor.
West Brom finished 14th in the Premier League last season / Adam Davy/EMPICS Sport


Construction is underway on two new live music venues and a leisure-filled “urban gallery” in central London, designed by British architects Orms. The St Giles ... Read more
The UK attracted a record number of overseas visitors during June – thanks largely to the collapse in the value of the pound since the ... Read more
Gym and health club operators need to engage with their members and focus on customer service to help them retain numbers. In the latest issue ... Read more
European low-cost gym chain Basic-Fit is on target to open 100 clubs this year after it reported revenue growth of 26 per cent in the ... Read more
Culture and tech projects in the North of England will soon be able to bid for a slice from a £15m (US$19.3m, €16.5m) funding pie, ... Read more
Fitness franchise énergie Group has opened thé Yard - a new signature training concept that will be rolled out at its énergie and Fit4less clubs ... Read more
Active IQ
Active IQ
Swiss artist Felice Varini and the Chilean architecture practice Pezo von Ellrichshausen have been commissioned to design an ambitious temporary outdoor structure in the historic ... Read more
Tech startup Neurable has taken virtual reality to the next level, creating computer interfaces for the brain to allow users to control the technology using ... Read more
The historic Grayshott Spa in Surrey has been acquired by Austria-based health and medical resort specialists the Lanserhof Group. The family-run Lanserhof, which owns spas ... Read more
A curatorial development fund worth £500,000 (US$645,000, €550,000) has been created to help already established curators of museums and galleries in the UK learn new ... Read more
The All England Club is pushing forward with its plans to cover the No. 1 Court at Wimbledon. The new, retractable roof will form part ... Read more
One of the biggest misconceptions made in the physical activity sector is that retired people cannot train hard. Writing in the latest issue of Health ... Read more
Focus Training
Focus Training
One of the UK's biggest destination spas, the Lifehouse Spa and Hotel in the village of Thorpe le Soken, Essex, has had expansion plans scuppered ... Read more
Table Tennis England’s public funding has been reinstated after the national governing body finally agreed to a package of reforms compliant with the government’s Code ... Read more
An increasing number of local authority-owned leisure centres are being upgraded with spa facilities, as operators embrace the emerging trend to provide members with wellness. ... Read more
1 - 15 of 36,649