JJB SPORTS said it has received a number of non-binding offers for its
fitness club business.
It has been looking to sell the 50 fitness clubs it operates across the UK, including five in Scotland.
The company said talks are ongoing regarding the potential disposal.
"There can be no certainty that any of these indicative indications of interest will result in a transaction or as to the terms of any such transaction," the firm said in a statement.
It has been reported that the highest bid so far for the chain is £55 million, nearly half of the valuation placed on the business by JJB. The company is hoping a sale will allow it to pay off £75m of bank borrowings.
JJB has also confirmed it is to put loss-making subsidiaries Original Show Company and Qube into administration.
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