Blackburn Rovers are the target of a takeover bid - with sportswear supremo Chris Ronnie heading a consortium poised to swoop, claims The People.
Cheshire-based Ronnie, the head of JJB Sports, is set for talks with the Jack Walker trustees about a £25million offer for their shares.
Ronnie, who has been in football related business for 25 years, has put together a team of foreign and domestic investors who are keen to give Rovers fresh impetus.
American Dan Williams has pulled out of the race for Rovers because he felt the club was overvalued. Although Ronnie's offer is below the £40m Williams was quoted, he will take on the club's debts and running costs.
Ronnie and a group of wealthy Icelandics brought out Dave Whelan's 29 per cent stake in JJB Sports and it is believed the group are involved in the Rovers deal.
The key to a takeover at Ewood Park may be how much money Ronnie can pledge for future signings.
Boss Mark Hughes has grown restless working within a tight budget.
Hughes is hoping for £10m to spend this summer. If Ronnie's group can find more cash than that they would immediately win the support of the fans.