Blackburn tipped for Indian takeover

Blackburn Rovers could become the latest Premier League club to receive foreign investment with Indian entrepreneur Ahsan Ali Syed planning a takeover.

The club confirmed on Tuesday that talks were being held with Syed, a 36-year-old entrepreneur who hopes to take control of Blackburn in the next month.

"Blackburn Rovers can confirm that officials have held a cordial and productive meeting with Western Gulf Advisory (WGA) staff and advisors concerning a proposed takeover of the club. The process is ongoing," it said on its website.

Ali has pledged to give Rovers boss Sam Allardyce a £100 million transfer kitty to drive the Lancashire club to the upper echelons of the Premier League and European football.

Speaking to The Times Ali said: “I want to give him [Allardyce] support financially so that he can perform wonders.”

The total investment could reach £300 million with Ali outlining a 15-year business plan which would see substantial development in players, the stadium, training facilities and Blackburn’s youth academy.

“There are two ways to look at investment: one for personal satisfaction, the other for the satisfaction of your balance sheet. This is personal satisfaction. I have worked hard enough and I deserve to treat myself,” he said.

However, Ali has spoke warmingly of the late Jack Walker, whose trustees are the current owners of the club.

Ali said: “I want to make the club more known and continue the legacy of ‘Uncle Jack’. I would love to see them as champions again.”

By Dave Peddie

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