Big news in the Championship this week came as Florida-based entrepreneur Shilen Patel and his father completed a takeover deal at promotion-chasing West Brom. The duo have forked out a reported £60 million to acquire Guochuan Lai's 87.8 per cent majority with the deal approved by the EFL in February.
Patel, who has owned a minority shareholding in Serie A outfit Bologna since 2014, becomes the Baggies chairman. He said: "I am delighted and humbled to become the new custodian of West Bromwich Albion Football Club. Today marks the beginning of an exciting project for the club to regain its standing as a consistent Premier League presence."
As has been seen across the EFL this year, at clubs such as League One side Reading, an owner can make a world of difference with investment key for footballing success. Amid the takeover news, LondonWorld looks at the overall squad value at West Brom compared to London sides QPR, Millwall, Watford and every club in the Championship - data from Transfermarkt.
1. 1st - Leicester City
Overall market value - £192m
2. 2nd - Leeds United
Overall market value - £171.3m
3. 3rd - Southampton
Overall market value - £167.3m
4. 4th - Hull City
Overall market value - £87.4m