Blackburn Rovers' prospective new owners will make an initial £5million available for players, according to the Economic Times of India.

The newspaper is reporting it has interviewed three of the family members behind the £46 million deal - and they reveal their target is finishing in the top 12.

And the paper says the family, which runs the VH Group, are 'completely open' to sponsorship of 'jerseys and at stadia' from 'Indian and multinational companies'.

According to the Times, the family say it is 'too early' to say if they will make changes to management.

Chairperson Anuradha Desai is quoted as saying that while they will pump in an additional £5 million 'to ensure they get good players she ruled out any high-profile acquisitions at least for now'.

She is said to have told the paper: “We won’t need to buy expensive players, we can always lease them.

"We don’t expect to be in the top 5 of the Premier League. We will be happy to be in the top 10-12.

“The club has no major losses. That is not a major financial issue nor does it have accumulated debt.

"We will pump in whatever is needed but the main thing is to get the club back into good shape.

"This is an investment and it will grow on its own strength.”

The paper said Indian and multinational companies had 'begun to ask for sponsorship of jerseys and stadia'.

Mrs Desai is quoted as saying: “But our first priority is to get the club on a strong footing.

"As of now, we have no plans to put the Venky’s logo anywhere as this will be an independent business."

According to the Economic Times, her brother Balaji Rao, is the football lover in the family, and has taken the lead in the acquisition.

Other brother B Venkatesh Rao is quoted as saying: "It is too early to say if we will make any changes either in the team or the management.

"We want the club to do well and we intend to manage it properly.”

The Times says Mrs Desai believes Blackburn Rovers need to build a global brand.

She is quoted as saying: "Football is a global craze and as the VH Group globalises, setting up feed plants and hatcheries around the world, we believe we can benefit from being owners of a major football club.

"It will help build our brand, too.

“Moreover, we are a protein company, in the health business, and there is synergy with health and sports, and we have been sponsoring tennis and cricket matches and tourneys here, in India.

"Now that we are going global, we need a global sport, hence a football club."

The VH Group is made up of a series of companies, including Venky's, one of the world's largest poultry firms, and pharmaceutical businesses.