HMV’s administrator Deloitte is understood to have received “more than 10” expressions of interest in the entertainment retailer that collapsed on Tuesday.

Sources close to the situation said the interested parties were after “all or parts” of the business.

There is understood to be no set deadline yet for formal first round bids.

Those interested in the retailer include The Works-owner private equity firm Endless, Jaeger-owner Better Capital and HMV Canada owner Hilco.

While no UK stores have yet been shut, HMV’s 16 Irish stores have temporarily closed as part of a “short term measure” over confusion about whether it can accept gift cards or not.

HMV’s Ireland business has not yet appointed administrators. Deloitte is expected to be appointed later today to the Irish business.

HMV chief executive Trevor Moore is working closely with Deloitte and remains “convinced” the chain can be rescued.

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