Blackburn Rovers chairman John Williams says fresh investment is a must for the club.
Ahsan Ali Syed is adamant his takeover plans remain on track.
And Williams told the Lancashire Telegraph: "I have argued in successive annual reports to Shareholders that to move forward, perhaps even to stand still, we need new investment.
"We are enjoying a long and sustained period of success relative to our resources, the envy of many, but we can't rely on over-performance forever.
"Personally I wanted to preserve Jack's legacy and 10 years on I think that's been achieved. If we are to go forward into a new era of achieving success on and off the field it would be marvellous.
"In the meantime we have to ensure we have a stable club."
