Jack Walker's trust has withdrawn its funding of Blackburn Rovers.

The Guardian says the club are owned by the Jack Walker Settlement, a Jersey-based trust set up by the club's then owner. Before he died in August 2000, Walker reassured fans that the trustees would continue to provide money for Rovers "for the foreseeable future".

The end of that future was apparently reached in January, when Williams announced, in a paragraph in the club's 2007 accounts, that the trustees "see no immediate requirement to invest further".

Rovers chairman John Williams has said the trustees stopped funding the club for a year only and would review the decision next year. However, they have also announced that they are looking to dispose of the club completely and have instructed the bank Rothschild to find a buyer. So far there have been no offers, although Chris Ronnie, the chief executive of JJB Sports, has publicly declared an interest.