West Brom have turned down a takeover bid from an American consortium.

The Daily Mail says representatives of Gaochuan Lai, who assumed control of the West Midlands side last September, had been in talks over the possibility of selling the majority shareholding in the Baggies until negotiations ended this week.

An American consortium made an approach for the 88 per cent stake in the club currently held by Lai and other investors via their Yunyi Guokai (Shanghai) Sports Development Limited holding company.

And the two parties entered into discussions about a possible sale.

Contact was first made during the summer and continued through the early weeks of the 2017-18 campaign but no deal could be agreed.