Indian businessman Ahsan Ali Syed stepped up his bid to buy Premier League club Blackburn Rovers after his Western Gulf Advisory (WGA) investment vehicle was given a four-week period of exclusivity to check the club's accounts
Indian businessman Ahsan Ali Syed stepped up his bid to buy Premier League club Blackburn Rovers after his Western Gulf Advisory (WGA) investment vehicle was given a four-week period of exclusivity to check the club's accounts.
A statement released to The Sport Briefing said that the Bahrain-Swiss investment company would sign a memorandum of understanding with Blackburn on Monday before beginning detailed due diligence.
Syed has reportedly allocated 300 million pounds to complete the takeover, cover outstanding debts and "provide the necessary capital to buy new players and invest over the longer term so it can once again become a title contender".
The statement added that WGA would also "discuss potential business and investment strategy including the transfer of new players" with Rovers chairman John Williams.
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