Blackburn wary of Ahasan Ali Syed's £300million bid

04 August 2010 19:45
Blackburn will want proof of investment plans before agreeing to any proposedtakeover, including the £300million bid by Indian businessmanAhasan Ali Syed.[LNB]The club's trustees  confirmed they will consider selling, but only if future investment can be guaranteed.[LNB]Syed is reported to be promising to clear the £20million debt on top of a £300m investment.[LNB] Under the hammer: Rovers could be the latest Premier League club to be bought[LNB]Blackburn chairman John Williams said: 'There have been a number ofinterested parties for some time and discussions are ongoing.'[LNB]WGA have a non-disclosure agreement about the talks but a company spokeswoman said: 'I can confirm that we made a formal approach to buy Blackburn Rovers.'[LNB]Syed's company WGA are based in Bahrain and Switzerland and the 36-year-old is a lawyer who studied at the London School of Economics.[LNB] Rover the moon: Jason Roberts (right) could be joined by several new players[LNB]A number of consortiums have contacted the Jack Walker Trustees over the last three years including one from ex-JJB Sports chief Chris Ronnie, and another based in Iceland.[LNB]In June another Indian entrepreneur, Saurin Shah, was reported as being prepared to bid for the club but for all the activity nothing has come close to a deal being done.[LNB]Blackburn have given Steven N'Zonzi a new five-year deal.[LNB]  Sign up to our FREE Fantasy Football game - with £40,000 in prize money up for grabsAllardyce ready to call pal Fergie to make United kid Diouf a loan RoverRoma's Faty sets sights on Blackburn after failing to tie up French return Blackburn await decision from unnamed striker about coming to Ewood ParkBLACKBURN ROVERS FC

Source: Daily_Mail