Shah 'serious' on bid for Blackburn

12 June 2010 11:18
Indian businessman Saurin Shah has confirmed he is serious about buying Blackburn after he was linked with a takeover bid for the club.[LNB] It was revealed earlier this week that Shah is prepared to pay £25million to gain control at Ewood Park and has been given permission to begin due diligence of the club's finances.[LNB]Shah, who is the nephew of the vice-chairman of cricket's Indian Premier League, is adamant his interest is genuine and he is keen to complete the deal before the start of the new season in August[LNB]"We're serious, we're in negotiations. We've acquired the right of due diligence. We have the right of first refusal," Shah is uoted as saying in the Daily Mirror.[LNB]"There are many Indian and Pakistani people in Lancashire. So the interest is natural."[LNB]

Source: Team_Talk