Indian may buy premier club Blackburn

Club chairman Williams confirmed that negotiations with a potential buyer is on.

8220;Obviously we are aware of fresh impetus with regards to the potential sale of the club,with at least one potential new buyer being identified,8221; Williams was quoted as saying by 8216;Lancashire Telegraph8217;.

Another report in the same newspaper,however,claimed that the negotiations were in an early stage.

8220;Negotiations are ongoing with the little-known Mumbai entrepreneur but the process of due diligence 8211; opening up the accounts 8211; has not been reached,8221; the report said.

8220;Saurin Shah is not on the brink of completing a Blackburn Rovers takeover. The reports were premature as talks continue over the club8217;s future,8221; it said.