Fans plan to buy Blackburn Rovers

Fans of Blackburn Rovers have announced plans to launch a scheme which could help them buy the club.

Current owners Venky's have been the source of much discontent at Ewood Park since their 2010 takeover, with many supporters staging protests against the Indian-based business.

However, the Blackburn Rovers Supporters' Investment Trust could allow fans to purchase shares in the club in the hope that it would force the company to sell.

"At this stage we are asking Blackburn Rovers supporters if they would be willing to buy a share in their club," said organiser Wayne Wild. "The more fans who pledge to buy a share, the stronger and more credible our bid will be.

"We will raise funds to buy the club by issuing a sufficient number of shares to meet a realistic valuation at the time of purchase.

"It is clear that any fair and realistic valuation will be based on the position of the club within the league structure at the time of purchase together with a true assessment of the clubs assets and liabilities.

"It is not, therefore, possible at this stage to put an exact figure on the amount of capital we will need to raise to be successful."

Rovers, who are currently 17th in the Premier League table, travel to leaders Manchester City this weekend.