West Bromwich Albion are on the market for £150 million.

The People says Baggies chairman and majority shareholder Jeremy Peace is well underway with his plans to offload the Premier League outfit.

A few months ago Peace gave authorisation to a firm in the city to find him a buyer - and several interested parties have been shown around the club's facilities in the past few weeks.

Two groups in particular, one from America, the other from the Far East, have so far shown an interest.

The asking price is in the region of £150million, giving Peace a huge profit on the club he bought for a few million pounds at the turn of the Millennium.