HMV could be poised to snap up some stores of the recently-bankrupted U.K. specialist music chain Fopp, according to media reports.

Fopp, at one time the U.K.'s leading independent music-focused retailer, collapsed June 29 with 700 job losses.

The company had overstretched its resources when it acquired the assets of Music Zone, a rival chain that had gone bust in February.

Accountancy group Ernst and Young has been appointed the administrator to sell off Fopp's properties, including its 105 stores.

On June 29, Ernst and Young appointed Tom Burton and Colin Dempster as joint receivers and administrators for selling the Fopp stores.

They have asked Angermann, Goddard & Loyd, a London-based property agency, to handle the sale of half the stores.

HMV is reported to be among those interested in acquiring a certain number of the outlets.

An HMV spokesperson says the company is not in a position to comment on speculation.