Blackburn boss Mark Hughes has admitted he would only welcome a takeover this summer if it meant he had more cash to spend on new players.

If Rovers are to step up to the next level over the next couple of seasons, or even maintain their present position as a top-half Premier League force, then Hughes believes it is imperative the club finds a fresh source of investment.

Sportswear supremo Chris Ronnie is the latest figure to be linked with a possible takeover bid, and the Lancashire Telegraph understands there is some interest from the JJB chief executive, although he has yet to make his intentions clear through the official channels.

However, Hughes believes any would-be investor must have the financial means to make a significant difference on the pitch, otherwise the club would be better off keeping the status quo.

"It's common knowledge the club has been up for sale for quite some time.

"People have expressed interest but the view of the trustees is there is no point selling to people who will just acquire the club and not take it forward.

"We may as well keep the status quo and stay as we are (in that instance).

"What we need is someone to come in and take it forward, and that means investment in the team.

"Obviously, as we speak, no-one has been able to give those assurances, that the club will be acquired, and there will be investment in the team as well.

"We are okay as we are at the moment, but it will become more difficult in the seasons to come if we don't invest.

"So we'll just have to wait and see what happens."