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Syed moves into takeover ascendency

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There has been movement on the takeover front with potential investor Ahsan Ali Syed moving into a position to examine the Rovers accounts.

There have been many false dawns in the last few months but these latest statement released by the man promising to inject £300 million into buying the club looks the most promising.

A state of due diligence looks to have been reached between the club and Syed as Rovers look set to get the cash injection that everyone has been crying out for over the last few years.

The statement released by WGA is quoted on ESPN as saying that Syed will ‘discuss the potential business and investment strategy including the transfer of new players with Rovers chairman John Williams.’

‘For a period of four weeks, beginning on August 16, WGA will explore the financial situation of the club, over this four-week period WGA has been granted exclusivity which means no other bidder can buy the club or look into Blackburn’s books.’

Is this the breakthrough we have all been looking for?

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Vital Blackburn Site Editor / Fence Sitter

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