No news of budget yet - Allardyce

01 November 2010 11:00
lackburn boss Sam Allardyce claims he has not yet been told his transfer budget should Venky's take over at Ewood Park.[LNB] The Ewood boss met the club's prospective new owners, Indian brothers Balaji and Venkatesh Rao, who are part of the family owners of Venky's, before Saturday's 2-1 Premier League home defeat by Chelsea.[LNB]A deal has yet to be completed, but a £46million agreement is thought to be close as Blackburn look for the impetus to escape the relegation zone.[LNB]But it has been reported that Venky's will only offer a transfer budget of £5million for Allardyce, who would instead be encouraged to look for loan signings.[LNB]However, the Rovers boss insists he has yet to be informed, saying in The Sun: "I don't know the figures. There's no point discussing them.[LNB]"People have said £5m would be disappointing and, when another said £300m, people were 'oohing' and 'aaahing'.[LNB]"I rather keep it to ourselves. I'd not want to publicise it."[LNB]Allardyce added: "I had a couple of minutes with them before the game in the boardroom.[LNB]"Chairman John Williams invited me up to say hello to them and if, and when, the deal has been struck, we'll look to sit down and see the way forward.[LNB]"I'm told the deal has not been finalised yet but I would hope they would have been impressed and excited by a performance like that (against Chelsea)."

Source: Team_Talk