Source: PA
Rovers reveal takeover interest
Blackburn chairman John Williams insists a number of parties have expressed interest in buying the club.
Wealthy Indian businessman Ahasan Ali Syed has emerged as the latest candidate to launch a takeover after his investment company Western Gulf Advisory (WGA) made a formal approach to Blackburn's advisers at investment bank Rothschild.
Williams told Press Association Sport: "There have been a number of interested parties for some time and discussions are ongoing."
WGA have a non-disclosure agreement about the talks but a company spokeswoman told The Sport Briefing: "I can confirm that we made a formal approach to buy Blackburn Rovers."
Syed's company WGA are based in Bahrain and Switzerland and the 36-year-old is a lawyer who studied at the London School of Economics.
He is reported to be promising to clear the club's £20million debt and invest £300million to sustain the club over a long period of time.
