The Blackburn Rovers Supporters Investment Trust (BRSIT), claim to have raised over £2 million in an attempt to eventually purchase the club from its current owners.
Venky’s, an Indian firm, bought Blackburn in November 2010 in a £43m deal but have not hinted to any interest in selling the club on.
Over 500 Blackburn fans gathered at King George’s Hall today to hear plans to perform a takeover, former Rovers player Simon Garner was amongst those in attendance.
The chief executive of BRSIT, one Wayne Wild, commented on recent developments when talking with the BBC: "We want Rovers to be owned by supporters for the good of the club and the community."
The club have refused to comment on the situation.