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Allardyce not expecting major windfall
Published : 19 Nov 2010 17:00:16
Blackburn manager Sam Allardyce has welcomed news of the club's takeover, but accepts he will have to spend wisely.Indian company Venky's have completed their purchase of the Ewood Park outfit for £23million.The poultry giant, owned by the Rao family, have bought the 99.9% shareholding of the Jack Walker Trust, which has run the club since the death of their former benefactor a decade ago.Venky's spoke only of modest targets after the club announced they were in discussions with them last month and, although investment will be made, Allardyce expects constraints.He said: "You've got to keep to the reality. People will go off mentioning we're after Torres or Drogba but in terms of investment, rather than huge sums of money, it will be relatively moderate."We will improve the squad but we will have to be diligent in our research to get the right player and spend the money wisely."