Lai Guochuan
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Guochuan Lai | |
|---|---|
| Born | Guochuan Lai 1973/4 (age 42) |
| Nationality | Chinese |
| Occupation(s) | Entrepreneur, Investor |
| Organization | Founder & Director of Yunyi Guokai (Shanghai) Sports Development Limited. |
| Known for | Owner of West Bromwich Albion F.C. |
Guochuan Lai, (born 1973/74) is a Chinese businessman. He is currently the controlling shareholder, and director of Yunyi Guokai (Shanghai) Sports Development Limited.
In July 2016, he bought West Bromwich Albion F.C. from businessman Jeremy Peace for a figure reported to be between £150m and £200m, with former Blackburn Rovers chairman John Williams being appointed as the new chairman of the club.
Biography
Lai was born in Meizhou, Guandong in 1973/74. He served as General Manager of Palm Eco-Town Development Company Limited for over 20 years and helped to develop the conpany from a plant nursery business into China's largest and most successful landscape design and construction company. Lai stood down from this role in 2014 to focus on personal investment, yet retains a close links with Palm and remains director of a number of subsidiaries including; Belt Collins International (HK) Limited, Palm Landscape (Hong Kong) Limited, Hangzhou Nanyue Palm Landscape Construction Limited and PALM Design Holding.
West Bromwich Albion
Guochuan Lai's purchase of West Bromwich Albion F.C was led by Yunyi Investment, an asset management company established in July 2014 and focuses on growth investment opportunities in sports, leisure and technology businesses. The holding company has three investment companies as its shareholders; Yunyiye (59% - controlled by Guochuan Lai who provided the underlying equity to Yunyiye through a trust), Yunjin (23% - Yunjin is funded by funds introduced by Yunyi Investment) and Yuntai (18% - The funds used by Yuntai to invest in the Buyer have been provided by Palm.)