News

Here comes the takeover speculation…

|
Image for Here comes the takeover speculation…

Rovers have two interested parties who want to buy the club – according to the Sunday People.

The details are a bit sketchy but it seems there is a genuine interest in the club which would give the Rovers a new lease of life… if the club fell into the right hands.

Want to know more? Let’s head to the People for their article –

The Sunday People article goes as follows – ‘Blackburn Rovers are a takeover target for TWO mystery bidders- one led by an Indian cricket entrepreneur and a Thai group with links to ex-Manchester City owner Thaksin Shinawatra.


Rovers are still owned by the late Jack Walker`s trustees, but the Jersey-based money men are interested in a sale. 


There is the possibility of an auction between the Indian group and the Thais – the identity of both parties is being kept secret – although there is also some caution about where the money is coming from and what their intentions are. 


The Indian group is fronted by football agent Chris Nathaniel, with Blackburn of particular interest because of the large local community with roots in that country. 


The Thai group, which is also interested in Championship side Leicester City, has been put together by a London-based ‘Mister Fixit` previously on the fringes of Shinawatra`s purchase of Manchester City for £81.6m in 2007. 
Blackburn are priced at around £25m, which is good value for a Premier League club with a solid squad, modern facilities and no debts.’

Apart from the rather dubious statements about our lack of debt and the price of the club, this sounds really promising.

Share this article

Vital Blackburn Site Editor / Fence Sitter

Leave a comment

Your email address will not be published. Required fields are marked *