Ahsan Ali Syed faces competition for Blackburn Rovers.
The People says Rovers have been approached by a London-based firm representing another 'Asian' group who want to snatch control of the Lancashire outfit.
And intriguingly Rovers could now find themselves in a bidding war despite giving Bahrain-based Indian investor Syed exclusive rights to look at their books.
The Ewood Park club is available at a low price and with small debts - and Syed's highly-publicised interest has brought a rival bidder out of the woodwork.
Need your Blackburn Rovers news fix? Click here for all Rovers news and transfer rumours.