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HMV have had around 50 'expressions of interest' in buying the chain, including one from video games retailer Game.

Martyn Gibbs, the chief executive of Game, confirmed that they had approached the HMV administrators but would not say how many stores they wanted to buy.

 HMV went into administration on Monday, and sources suggest that Game could buy between 40-50 of the chain's stores.

Gibbs told the Financial Times, "We will constantly review our property portfolio based on what is available.

"I would not rule out any stores becoming available, be that through an administration or normal property deals."

Game previously went into administration in 2012, but 300 of their stores were bought by OpCapita.

However, OpCapita could attract controversy by buying HMV - they previously acquired Comet, which fell into administration less than a year later.

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Restructure specialist Hilco have also expressed interest in buying some of HMV's 223 stores, and some reports have suggested that private equity firms Endless and Better Capital and investment firm Oakley Capital are also interested.

Trevor Moore, the chief executive of HMV, has said that he is "confident" that HMV will survive, at least in some form.

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