13 Sep 2010Blackburn Rovers takeover unlikely, says manager

Football Clubs News | Football Finance News

Blackburn Rovers manager Sam Allardyce has said it appears unlikely that Indian entrepreneur Ahsan Ali Syed's attempt to purchase the football club will proceed as planned.

The former Bolton Wanderers boss had been promised a sizeable transfer kitty by Ali Syed, but the deal has looked increasingly unlikely to happen after a series of damaging revelations about his previous business dealings.

"If it's happening, it's going to happen in the next week or two," he explained. "Whether it does happen seems doubtful, for whatever reason I don't know. I'm not privy to that information."

Allardyce suggested the speculation surrounding Ali Syed's interest in the Lancashire outfit had hampered his summer transfer dealings, with other clubs under the impression that Blackburn Rovers had "a lot more money than [they] had".

A recent BBC investigation found that Ali Syed left a string of unpaid debts in the UK between 2001 and 2005, while his Western Gulf Advisory firm was ordered to stop trading in Bahrain last month.

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Written by Mark Thompson

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