Small transfer kitty for Big Sam

27 October 2010 11:11
lackburn's prospective new owners are happy just to be mid-table in the Premier League and will give Sam Allardyce a kitty of only £5million.[LNB] Rovers are set to be taken over by Venkateshwara Hatcheries, better known as Venky's, a $290million group that will become the first Indian company to own a Premier League club.[LNB]But fans expecting the Ewood Park outfit to splash the cash if the takeover is completed are likely to be disappointed.[LNB]Venky's chairperson Anuradha J. Desai will make just $8million (£5m) available for players, claiming they do not expect to compete in the Premier League's top five.[LNB]"We will pump in whatever is needed but the main thing is to get the club back into good shape," Desai told the Economic Times. [LNB]"This is an investment and it will grow on its own strength.[LNB]"We won't need to buy expensive players, we can always lease (loan) them.[LNB]"We don't expect to be in the top five of the Premier League. We will be happy to be in the top 10-12."[LNB]Meanwhile, Venky's joint managing director Venkatesh Rao is expecting the deal to be completed in the next 10 days.[LNB]"It is very much confirmed," he told the Lancashire Evening Telegraph.[LNB]"In the next 10 days we will be announcing it formally. We are not here to compare with anybody. [LNB]"It's one of the very prestigious, oldest and very well-run clubs. We are looking very positively. [LNB]"Don't forget, this is an Indian first company. It is a prestigious moment for everybody and we should cherish this moment. [LNB]"Let us start with a new chapter. There are many plans. Right now there are too many things to be done so let me finish this deal and I will come back to you."[LNB]Blackburn are currently 17th in the Premier League and face a tough task when champions Chelsea travel to Ewood Park on Saturday.

Source: Team_Talk