Indian businessman makes £300million bid for Blackburn
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Blackburn wary of Indian businessman Ahasan Ali Syed's £300million takeover bid
Under the hammer: Rovers could be the latest Premier League club to be bought
Blackburn will want proof of investment plans before agreeing to any proposed takeover, including the £300million bid by Indian businessman
Ahasan Ali Syed.The club’s trustees confirmed they will consider selling, but only if future investment can be guaranteed.
Syed is reported to be promising to clear the £20million debt on top of a £300m investment.
Blackburn chairman John Williams said: ‘There have been a number of interested parties for some time and discussions are ongoing.’
WGA 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: Jason Roberts (right) could be joined by several new players
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.
Blackburn have given Steven N’Zonzi a new five-year deal.