Jeremy Peace admits to Luke Moore mistake

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West Brom chairman Jeremy Peace has vowed not to make any more mistakes in the transfer market after admitting that the acquistion of Luke Moore has been a financial disaster for the club.

The Baggies paid Aston Villa £3.5million for the striker in January 2008 since when he has managed to find the net just five times in 65 appearances.

Peace has admitted that Moore is free to leave The Hawthorns for another side, possibly on loan, and is disappointed with the whole affair after the striker was omitted from Albion's 25-man Premier League squad.

He told the Express and Star:"We've had Luke who came in for £3.5million, Leon Barnett who came in for £2.9million, although to be fair they were a few years ago.

"People make mistakes but I'm sure we'll be fine from now. There will always be mistakes in the transfer market but hopefully we can cut down on them. It's part of the club moving on and getting stronger.

"Perhaps it's because of what we paid for Luke that this is one of the reasons we're not paying big transfer fees, but now looking at paying more on wages."

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