West Bromwich Albion owner Guochuan Lai is willing to sell the English Premier League club to a US consortium, according to reports. The Chinese businessman, who bought the Baggies from Jeremy Peace in 2016, would be willing to take £150 million (US$200 million) for the club, The Daily Telegraph reported on Monday. That figure would represent a loss on the £200 million (US$267 million) he paid, but The Telegraph said the price is a stumbling block as Slaven Bilic’s side struggle on their return to the top flight. They are yet to win this season and lost their last game, away to Manchester United at Old Trafford last Saturday. The side sit second bottom of the 20-team table with three points from nine games. New Albion owner Guochuan Lai is in attendance at The Hawthorns watching today's game #WBA pic.twitter.com/D1fMWebWiZ — West Bromwich Albion (@WBA) October 15, 2016 It was also reported that Lai would be willing to sell off up to 15 per cent and that an earlier bid had been turned down. A transfer from Chinese to US ownership would see Chinese investment in English Premier League clubs reduced to Southampton, Wolverhampton Wanderers and a minority stake in Manchester City. Chinese-owned clubs making mark in Europe like never before Lower down the leagues Birmingham City still have Hong Kong ownership while Reading are Chinese-owned. There is also China-based investment among the ownership at Barnsley. Wigan Athletic were owned by a Hong Kong-based company, International Entertainment Corporation, before being sold to Chinese businessman Au Yeung Wai Kay in June. The club were placed into administration within weeks and are yet to find a new owner. Finger-pointing, the Philippines and EFL – what happened at Wigan? West Brom would follow fellow Midlands side Aston Villa in swapping Chinese owners for a US-backed board. Villa’s Tony Xia defaulted on a loan to US businessman Wesley Edens and Egyptian billionaire Nassef Sawiris to hand them control. Several of England’s biggest clubs have US owners including Arsenal, Liverpool and Manchester United. The latter two clubs were behind the failed Project Big Picture to restructure the power-sharing at the top of the game earlier this summer. A number of others in the top flight have part-ownership from the US such as Crystal Palace, Leeds United and West Ham United. Are Wigan Athletic woes just Birmingham City 2.0? Chinese investment in European football clubs surged around 2016 before the introduction of Beijing’s strict capital outflow rules and strong discouragement of overseas spending curtailed it. Many of those clubs that were Chinese-owned, such as AC Milan in Italy and Spain’s Atletico Madrid have since changed hands.