Ahsan Ali Syed ready to takeover Blackburn Rovers
The interest from businessmen from all around the world continues to grow in English football. Currently there are various clubs in English football like Manchester United, Liverpool and Aston Villa that are owned by American Businessmen. While Manchester City have the billions of Abu Dhabi based business group at their back, and Premier League champions Chelsea have the green of Roman Abramovic, the Russian billionaire.
Now there is another English club that may be bought by foreign investors. Ahsan Ali Syed has said that he is close to buying Blackburn Rovers and will like the deal to go ahead as soon as possible so that manager Sam Allardyce has funds to sign players before the transfer window closes.
The businessman from India is currently in talks with the club, and the deal is believed to be in final stages. Ahsan Ali’s financial team is believed to be currently analysing the Rovers’ accounts.
While talking to BBC, Syed said that he is looking to finalize the deal as soon as possible, so that the transfer window is still available for his manager to bring in some players. He said that he is very optimistic about the team, adding that Allardyce is a very capable man and he will love to help him in signing players that will aid the club’s cause.
The Indian businessman has reportedly 300 million pounds to buy the club. The funds will go towards covering the club debts, and buy new players before the transfer window closes. He said that he has big plans for the club and gradually wants to take the club forward. He added that given the right players and the right manager there is no reason why the club cannot become title contenders in due time. He added that, yes this is a very optimistic approach but there is no other way to approach a long term plan but to be optimistic.
Syed said that he is not buying the club to make money; he said, he is a good businessman and to make profits is what all businesses are about, but he is doing so for the love of the game.
WGA, Syed’s business group made an official statement that they have been granted a period of 4 weeks to discuss the terms with the club. Syed reiterated that he does not see this as a typical business venture and is doing this due to his passion for the game and the club.
The Indian Billionaire said that there were several clubs that were presented to him by his advisors, but he chose Blackburn because the club suits his philosophy and he thinks that it has the potential to move up in the table given the right finances.
He said that if one takes a look at his record in investments, he has always invested in businesses that have had good potential and have been undervalued. He added that this is not something new to him and he has been doing it for the past 14 years. Syed said that he is very excited and happy to get the ownership of the club, and said that he will make sure that he does not make the same mistakes that other owners have made in the league to get on the wrong side of the fans.
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