Here is all you need to know about Shilen Patel who is set to become the new West Brom chairman along wih the net worth of the owner
Following the completion of an agreement to buy an 87.8% share in the Championship team, Shilen Patel will take on the role of chairman at West Bromwich Albion, a report in BBC suggests.
Who is Shilen Patel new owner of West Brom, net worth, bio, age, family, father, wife and business
The English Football League has given its approval to the takeover by Patel and his father Kiran Patel’s Bilkul Football WBA. Guochuan Lai has been the owner of Albion since 2016. The club are presently ranked fifth in the second tier. According to a West Brom statement:
Bilkul Football WBA, LLC – a company ultimately owned by Florida-based entrepreneur Shilen Patel and his father Dr Kiran C. Patel – has reached an agreement to acquire an 87.8 per cent shareholding in West Bromwich Albion Group Limited, the parent company of West Bromwich Albion Football Club.
The club statement further said:
The takeover has been approved by the EFL, with exchange and completion to take place next week.”
Meanwhile, Shilen expressed his gratitude towards the occurrence. He stated in an statement, as per Sky Sports that the agreement to take on the role of West Bromwich Albion Football Club’s custodian fills him with joy and gratitude and he is “thrilled” and “grateful”.
Shilen Patel saying hello to the home fans 👋 pic.twitter.com/fVFvpjaPM2
— Sky Sports Football (@SkyFootball) February 16, 2024
He stated that his “goal is to help the club achieve a future worthy of its history.” He can’t wait to start working at The Hawthorns and for the deal to close the following week.
As per Sky Sports, he is anticipated to watch Friday night’s home game against Southampton, who are currently in third place.
📸 | #WBA
Shilen Patel at The Hawthorns this evening 🔵⚪️ pic.twitter.com/XPOpAFZy52
— WBA Report (@WBAReport) February 16, 2024
Who is Shilen Patel?
Shilen Patel is a Florida based entrepreneur and American businessman. He is also a minority shareholder in Serie A club Bologna.
43 year old Shilen is married to Parita and has three children aged under 11 and the couple were chairs of the Glazer Children’s Museum’s gala in 2019, where they helped raise more than 600,000 dollars in a year.
He was the founder and CEO of the Tampa-based software company HealthAxis Group. Remarkably, it was revealed that Patel is connected to MSD Holdings, the club’s largest creditor having previously loaned Albion over £27 million.
He is a five-continental serial investor with experience in technology, healthcare, sports, real estate, finance, food and beverage, and many other industries.
Shilen, who inherited the family business, is the son of Dr. Kiran Patel, who is reported to be worth over $400 million while Shilen himself has a net worth of $100 million.