Businessman confirms Rovers interest

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The 30-year-old entrepreneur from Lytham St Annes, a boyhood Rovers fan, said his plans would include giving manager Mark Hughes substantial funds to compete in the transfer market if the bid was successful.

He told the Lancashire Evening Telegraph: "We are at the very, very early stages of any kind of process."

Williams' group is just one of several thought to be interested in buying Blackburn.

But Williams is adamant he is serious about trying to buy out the Walker Trustees, who currently own 99.8% of the club.

He added: "We've had a very good dialogue with John Williams (chairman) and his vice-chairman, David Brown, but a lot of what has been written is exceptionally premature.

"The whole thing about a deal being imminent and a price being agreed just isn't the case.

"I certainly haven't seen anything in the way of due diligence and we haven't formally made an approach.

"It's very much at the conversational stage at the moment."