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West Brom sale talks end in stalemate after club's owners rebuff approach by American consortium

West Brom’s owners have rebuffed an offer for the club just a year after taking over at The Hawthorns.

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.

Sportsmail understands 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.

West Brom's owners had been in talks over the possibility of selling the majority shareholding
West Brom's owners had been in talks over the possibility of selling the majority shareholding

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