Bahrain-based Indian group eye Blackburn

Ahasan Ali Syed has emerged as the latest candidate to launch a takeover even as club says many parties have expressed interest.

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John Williams, the Blackburn chairman, insists a number of parties have expressed interest in buying theEnglish Premier League club. Ahasan Ali Syed, the wealthy Indian businessman, has emerged as the latest candidate to launch a takeover after Western Gulf Advisory (WGA), his investment company, made a formal approach to Blackburn's advisers at investment bank Rothschild. "There have been a number of interested parties for some time and discussions are ongoing," Williams said yesterday.

WGA have a non-disclosure agreement about the talks but a company spokeswoman told The Sport Briefing:

A number of consortiums have contacted the club since the Walkers Trust, the current owners, put the club up for sale two years ago. In June another Indian entrepreneur, Saurin Shah, was reported as being prepared to bid but nothing has come close to a deal being done. Meanwhile, Ivan Klasnic has signed a two-year deal with Boltonafter a successful loan spell last season, the club said yesterday. The 30-year-old told Bolton's website it was an easy decision to return to the club after scoring eight league goals in the 2009/10 campaign.

"I spoke to the manager - he wants to work with me and I want to work with him," said Klasnic, who returned to French club Nantes at the end of the loan deal. Klasnic is the fourth player to sign for Bolton during the close season, joining Martin Petrov, Robbie Blake and Marcos Alonso. * PA