WANDERERS boss Neil Lennon has confirmed the club have rejected a bid from Queens Park Rangers for Player of the Year Tim Ream.

Lennon wants to keep hold of the US international, who he says is an integral part of his squad rebuild at the Macron Stadium.

He says the offer from recently-relegated Rangers was way below the club's valuation of the American defender and hopes that will be the end of the matter.

Lennon says there is no pressure to sell despite the financial situation at Wanderers but does concede it will be difficult if a good offer comes in from Rangers or elsewhere.

Lennon told The Bolton News: "I think there has been a bid for Tim but I can’t tell you if it has been concrete or not.

"It’s way below our valuation of what we think Tim is worth.

"I don’t want to sell him and the club doesn’t want to sell him.

"Whatever people think about the financial situation I don’t want to sell one of my best players.

"It’s important we look to build a squad and Tim is part of that.

"He played a lot of games last year and was very consistent.

"I think he will get better as well.

"He is important to what we want to do here and there is no real interest in selling.

"Look, at the end of the day every player has his price.

"I’m not saying we will refuse offers, so long as it suits us but at the minute it doesn’t.

"I don’t want to sell if I can avoid it."