7 Sep 2010Blackburn Rovers 'undergoing due diligence'

Football Clubs News | Football Finance News

English Premier League football club Blackburn Rovers is currently undergoing due diligence ahead of a possible takeover bid from Indian businessman Ahsan Ali Syed, it has been claimed.

According to a report in the Lancashire Telegraph, directors remain confident that they will not enter into a deal that will be detrimental to the Ewood Park side, following a string of accusations about Mr Ali's business practices.

It emerged last week that his Western Gulf Advisory investment firm had been ordered to cease trading in Bahrain due to a series of unspecified rule breaches and BBC News recently revealed he had left numerous unpaid debts in the UK.

However, sentiment among Blackburn Rovers bosses appears to be that their background checks should reveal any impropriety or inconsistencies relating to Mr Ali's financial situation.

The Bahrain-based tycoon will also be subjected to the English Premier League's fit and proper person test, although this has come under intense criticism in recent seasons.

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Written by Mark Thompson

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