Falkirk’s star striker yesterday turned down the chance to move to Rotherham United after Falkirk accepted a bid from the League One side.
Heraldsport understands that the League One side made a final offer of £200,000 on Friday for the services of the 23-year-old Londonder, who scored 24 goals in 31 games last season.
Falkirk have also received two other offers from rival English teams.
Rotherham United traveled north of the border on Monday to take on Morton at Cappielow as part of a week-long Scottish tour.
Manager Steve Evans has previously tried to lure a Falkirk frontman south.
In January 2012 as manager of Crawley Town a “derisory” bid of £70,000 was tabled for Taylor’s predecessor Farid El Alagui, who had five months left on his deal.
The Bairns striker was a goal scoring revelation, but Taylor bettered his record last term and could soon be following the Morroccan south.
Heraldsport revealed last week that the Bairns board are holding out our for a fee believed to be in the region of £250,000 for Taylor after turning down an offer worth less than half of that from Hibernian.
Taylor has a year remaining on his Falkirk contract and is said to be fully committed to the Bairns if a transfer deal cannot be agreed.