Indian tycoon Ahasan Ali Syed opens Blackburn Rovers takeover talks

Blackburn chairman John Williams insists a number of parties have expressed interest in buying the club.Wealthy Indian businessman Ahasan Ali Syed has emerged as the latest candidate to launch a takeover after his investment company Western Gulf Advisory (WGA) made a formal approach to Blackburn's advisers at investment bank Rothschild.Williams said: 'There have been a number of interested parties for some time and discussions are ongoing.' Under the hammer: Blackburn Rovers could be the latest Premier League club to be taken over by new ownersWGA 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.'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. Rover the moon: Blackburn cost welcome a host of news signings to their line-up, alongside Jason Roberts (R)He is reported to be promising to clear the club's £20million debt and invest £300million to sustain the club over a long period of time.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.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.  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