In an exclusive interview with Football FanCast's Tom Ward, ex-Baggies midfielder Carlton Palmer has delivered his verdict on West Brom's potential takeover, claiming that it's unlikely to make much of a difference in their current predicament.

According to the ever-reliable John Percy at the Telegraph, investors from the United States are keen to purchase the Midlands outfit from current owner, Guochuan Lai, but are put off by the £150m price tag.

It's claimed that negotiations are still ongoing between the two parties over either a full takeover or buying a minority stake of up to 15 per cent.

Lai bought Albion from Jeremy Peace in the summer of 2016 for £200m and has frequently been unwilling to fully invest in the playing squad, which has led to tensions between Slaven Bilic and the club's hierarchy over their transfer strategy ever since the summer.

The Baggies recorded their first win of the season last week but there is still plenty of work to be done, something that a takeover could aid ahead of the January transfer window.

However, Palmer doesn't see it this way.

He told FFC:

"With the takeover, it might make some difference with stability, but will it make any difference in terms of their spending power? I think not.

"When you're in that position, you have to accept that you might be a yo-yo club for a season or two, rather than go for broke, break the bank and bring in six or seven players on ridiculous money and you get relegated.

"You have to be prepared to accept that and build the club stronger."

Indeed, this has often been the case with some teams that have come up. You only have to go back to Fulham's last stint in the top-flight to see the risk of throwing cash at staying up.

Cottagers chairman Shahid Khan splashed over £100m on a plethora of disastrous signings as they were sent back to the Championship after just one season, whilst the same nearly happened to arch-rivals Aston Villa last season.

Although, the Midlands outfit hold some pretty poor records in the Premier League right now as they are the division's second-lowest goalscorers as well as having the second-worst defensive record.

A cash-injection could be exactly what they need to resolve some of their issues, but as Palmer says, the Baggies need stability above all right now.

AND in other news, Opinion: Luke Dowling must offload West Brom outcast Kieran Gibbs in January