[Archived] Rovers Might Have Been Sold?

[47er]

edited

[Ewood and I Would]

How bizarre - google 'Blackburn Rovers' go to news, sort by most recent and its about 5th down....it lets you in that way, just not via link on here.

Independent join in....same old

Cheers

[47er]

Agreed, with the lack of service any striker would struggle to get goal at the moment. We've never replaced Bentley.

I'd love to get Bentley back. Great replacement for Dunn.

[47er]

I have to say, however, as being possibly the most cynical on this Board about the likelihood of a Benevolent Billionaire investor, that every step so far from the Bahrain Boy has been faultless. made of shredded five-pound notes[/b][/i]

"possibly the most cynical"? I think you're doing yourself a grave injustice there!

[Billinge End Blue]

<I think that Uncle Jack sowed some wild oats in India - the similarity in looks (when JW was younger) is uncanny! > MikeD

If this all actually transpires the way we want it to, I can't wait for BRFC's eventual on-pitch success to be marked by the Ewood Park faithful serving up a deafening rendition of "There's only two Jack Walkers"!

As a fan, albeit admittedly and thankfully glory hunting, I think Syed would be highly honoured if this was the case.

[braddock]

uncle ahsan

[Hughesy]

More detail on his plans....

"The main idea is to improvise and if we can attract big names in the process then why not? It's more important at the moment to stabilise the current squad"

"It's only a matter of completing procedures once the consideration or amount is agreed on, my network worth of £8 billion (BD4.7b) is publicly known and goes beyond what would be sufficient to secure the safety of the club.

"I've appointed Jean-Claude Darmon as my adviser and he has gone through the books, so we will hold serious discussions over the next two weeks"

Mr Syed said he was keen for the possibility of creating links between Rovers and Bahrain.

"It's a beautiful club with excellent facilities, but I just think we have to equip ourselves to compete with our neighbours in the region," he said.

"I would love to be able to create links between the football club and Bahrain and if the opportunity permits then why not?

"I am a big fan of this country, but Bahrain is much bigger than this news."

"I can't promise to get the club back to where it was in 1995 (when Rovers were champions of England), but I can say that as a fan I want the team to be winning titles and challenging for trophies."

[Ewood and I Would]

I just had a thought, let's hope Sam's son hasn't been at Ewood recently and left some old bank statements behind

[patrickvalery]

These two lines are pretty interesting;

"We have £80m (BD46.9m) to £100m put aside for players to cover us until January,"

"As a football fan I have a lot of players in mind and would love it if some of them could come to a club I am involved in but at the moment, we will have to wait and see."

Until January!!! Christ on a bike!

[Seggie]

Just out of Interest its my birthday today, I think it would be ideal if Mr Syed signed the deal today and gave me a tenner!

[Ewood and I Would]

Yeah this bit worries me...

"As a football fan I have a lot of players in mind and would love it if some of them could come to a club I am involved in but at the moment, we will have to wait and see."

As long as Mr Syed keeps those players as suggestions only, he must let Sam and his scouts make the transfer decisions. But of course, if I was as rich as this guy I'd wanna be able to say "How about I buy Aguero for you? He's awesome on Pro Evo"

Just out of Interest its my birthday today, I think it would be ideal if Mr Syed signed the deal today and gave me a tenner!

Ahsan Ali Syed, Owner of WGA and prospective owner of Blackburn Rovers stated today that he has set aside £10 ($15) for Seggie to clear his birthday bar tab and invest in a cocktail. When questioned about how he would make a return on this investment, Syed said "I'm doing this not as the owner of seggie but as a fan of seggie"

[RevidgeBlue]

Yeah this bit worries me...

"As a football fan I have a lot of players in mind and would love it if some of them could come to a club I am involved in but at the moment, we will have to wait and see."

As long as Mr Syed keeps those players as suggestions only, he must let Sam and his scouts make the transfer decisions. But of course, if I was as rish as this guy I'd wanna be able to say "How about I buy Aguero for you? He's awesom on Pro Evo"

If he's setting his sights high enough I seriously doubt Sam would have any objections after a summer when he was forced to invite Benjani to train with the Club.

The bit that worried me in the article was the suggestion the "consideration" had not yet been agreed. I would have thought that would have been the first thing to be agreed in principle.

[rebelmswar]

If he's setting his sights high enough I seriously doubt Sam would have any objections after a summer when he was forced to invite Benjani to train with the Club.

I don’t know why, but the vision of Sam sitting tortured watching Benji run limp around the field, is extremely funny to me.

[Seggie]

Ahsan Ali Syed, Owner of WGA and prospective owner of Blackburn Rovers stated today that he has set aside £10 ($15) for Seggie to clear his birthday bar tab and invest in a cocktail. Syed said "I'm doing this not as the owner of seggie but as a fan of seggie"

That gets rep.

Seriously though, its so difficult keeping my feet on the ground. I hope the right things happen and the guy is a man of his word and if he is let the good times roll but I really hope its not the equivelent of getting with a really good looking girl and finding out you have clamidya in a few weeks time.

[RevidgeBlue]

I don’t know why but, the vision of Sam sitting tortured watching Benji run around the field, is extremely funny to me.

You're one sick bunny.

[Ewood and I Would]

To anyone saying he's been OTT...

"I can't promise to get the club back to where it was in 1995 (when Rovers were champions of England), but I can say that as a fan I want the team to be winning titles and challenging for trophies."

I thinks that shows he's fairly balanced and sensible.

[bluebruce]

but I really hope its not the equivelent of getting with a really good looking girl and finding out you have clamidya in a few weeks time.

I think in this case, the fallout would be a bit more like finding out in a few years that she gave you AIDs.

[Seggie]

I think in this case, the fallout would be a bit more like finding out in a few years that she gave you AIDs.

Fortunatly as we have learnt with Portsmouth, football clubs are above the law and it can be cleared by some dodgy accounting

[Ewood and I Would]

Just to dampen the optimism for a bit I’d like to point you to the story of Firoz Kassam and Oxford United.

I want to make it clear first though that I am not tarring all Indians with the same brush; I am not about to make this comparison based on the fact their share the same heritage but because of other similarities to our proposed takeover by Ahsan Ali Syed.

When Mr Kassam bought Oxford United he talked a lot, making many bold statements including “I plan to be here for a very long time”. He also made commitments to clear the clubs debts and develop the area (sound familiar?).

He did clear the debts (not by paying them but by getting most of them written off) and finished Oxford's half-built new stadium (which he named after himself despite fan protest who wanted it to be named after the old ground), along with building a large leisure complex on the site comprising of a gym, bowling alley, multi-plex cinema, bingo hall, restaurants and a hotel.

Things were great but then he quickly stopped investing in the team, paying wages even became a problem. The “Kassam Out” Facebook groups and signs at games started popping up and before long he was hounded out and sold the club. Oxford got relegated out of the Football League just two months after Kassam was left the helm in 2006.

….but he retained the main asset, the stadium (and of course his leisure complex). He sold off the land Oxford’s old ground was on for £12m making his original investment back (and some), made £2m off the club’s sale and continues to this day making a profit from all his businesses at the ground site and from the rental of the stadium itself.

Of course I am not suggesting this is what Mr Syed wants to do at all but a story worth taking note of and something I hope the trust get assurances that won’t happen somehow.

[sparky12]

he said. “If you buy a Ferrari, you drive it not to make money but to drive it for the passion. This is more a passion.”

yeh thats something i also do on a regular basis

[Ewood and I Would]

£300m Deal Collapses!!

....admit it, you poo'd yourself for a second

[donis1410]

sorry posted this on the wrong topic....but do the premier league do the "fit & proper" owner test now?

[philipl]

Funny... NOT

Hughesy's link is behind a paywall but the relevant bit is going into the digest of posts which is pinned at the top of the page.

The key part in the Financial Times is:

"Mr Syed said a memorandum of understanding had been signed, and heads of terms agreed, and that he had also been through the Premier League’s ownership rules."

In other words, as I had explained previously, the deal would have been already agreed subject to due diligence. The signing of the Memorandum of Understanding on Monday was the key moment in all this.

The second bit I have put in bold could mean he has read the PL rules or that he has successfully passed the PL's fit and proper criteria. I cannot think for a moment that he would have taken the current high profile approach without getting that hurdle out of the way first and in fact the PL doing their stuff might well have been the critical path action over the 9 working days which elapsed between him going public and the announcement of this last Monday's meeting.

I think the non-exclusivity on talking is more an indication of just how far negotiations with Saurin Shah's consortium have progressed than showing any doubt about Ahsin Aly Syed's bid.

[Craigman]

He would like Beckham !

[Alan75]

Call me cautious if you like, but I've always been suspicious of people / companies who openly talk publicly of proposed financial expenditure.

His open declaration on how much money he proposes to spend on transfers, now makes it difficult for the club to negociate incoming transfers and also helps to line the pockets of agents and player wage negociation.

In my experience discreet business deals are usualy the most successfull.

Whats that old saying about a fool and his money.