Dalian Wanda Group have been linked with the takeover of West Bromwich Albion.

The People says the Dalian Wanda Group is looking to invest in an English Premier League club, having already acquired a 20 per cent stake in Spanish side Atletico Madrid.

The property company, owned by billionaire Wang Jianlin, has been negotiating with owner Jeremy Peace for the past four months.

Manager Tony Pulis is believed to have a £2million break-clause in his contract and could walk away if he is unhappy with any aspect of the takeover.