Russian tycoons keen on MG Rover say reports

TWO Russian tycoons are interested in buying collapsed British car manufacturer MG Rover, it was reported yesterday.

The millionaire owner of sports car maker TVR, Nikolai Smolenski, has approached administrator PriceWaterhouseCoopers (PWC) about buying the Longbridge-based group, according to reports.

Russian billionaire Oleg Deripaska, who is believed to be a close friend of Chelsea football club owner Roman Abramovich, has also told PWC he is interested in acquiring the business, said a British newspaper.