Assistant manager Kevin Keen admits that the club will rue the potential departure of a player who plays an important role both on and off the pitch for the Baggies
The Irish defender is on the brink of triggering a 12-month appearance-based extension clause in his contract, which would keep him at the club until 2014. But it is unclear whether the 32-year-old's future lies at the Hawthorns, with the Ireland international recently obtaining his Uefa B coaching license whilst making inroads into the media.
And despite the defender's injury woes and the prospect of triggering the extension clause, Keen admits that the decision on Reid's future lies with him and him alone.
"In my opinion, the next month is not going to make or break whether Steven stays at the club next season," the assistant manager told the Birmingham Mail.
"So, I don't think whether or not he's fit for the next two or three weeks will have a massive effect on any decision that's being made."
Keen also spoke of Reid's importance of both on and off the pitch, revealing that the defender's departure would be a significant loss to the club behind the scenes.
"The supporters and press, to a certain extent, see his contribution over 90 minutes on a Saturday, but as coaching staff and Steve [Clarke] as head coach, I think you'd say his contribution around the club is much more than that," Keen added.
"He's a fantastic senior professional. He's appeared in quite a few games for us this season - and in quite a few winning teams.
"He's got great experience, he's very vocal and has a lot of common sense when it comes to talking about football.
"We'll see what Steve, Richard [Garlick] and the chairman decide to do. But he is a fantastic person to have around the place."