West Bromwich Albion have rejected a bid from Premier League rivals Tottenham Hotspur for England under-21 international striker Saido Berahino.

In a statement released on their website on Tuesday, West Brom chairman Jeremy Peace said his club had no intention of selling their most prized asset amid reports Tottenham have made an offer of up to £18 million ($28.2m, 25.5m euros) for the 22-year-old.

"We have no interest in selling Saido which is what I have told (Tottenham chairman) Daniel Levy," Peace said.

"I know we are living in an age where no club can say 'never' about the possibility of selling a player. However, the prospect of selling Saido is simply not on our agenda.

"We are going forward with Saido very much in our plans and still striving to add players to improve the balance of our squad."

Berahino, who scored 14 Premier League goals last season, has started each of West Brom's first two games in this campaign.

However, the Baggies have just strengthened their forward line with the club record £12 million signing of Venezuelan target man Salomon Rondon from the Russian champions Zenit St Petersburg.