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West Brom: Ron Gourlay assures fans £4.95m Guochuan Lai loan will be repaid

West Brom chief executive Ron Gourlay has assured fans that a £4.95m loan from the club to chairman Guochuan Lai will be repaid in time to be used by the Baggies in the January window.

The loan, listed in Albion's accounts to June 2021, helped one of Lai's companies through the Covid pandemic.

It was originally due to be repaid in September, with £50,000 interest, but was then delayed until 31 December.

Gourlay also said that the club are investigating an earlier loan in 2014.

This one, reportedly to the tune of £3.