[Archived] Rovers Might Have Been Sold?

[Bobby G]

It is stupid to say this but there are Eid Holidays in Bahrain if I am not mistaken! Everyone is on holiday.

On a serious note, I think that the Premier League's PR team may need a good boost to show that they dont sell out to anybody after the Pompey, and Man City stories of recent years. They would need a feather under their cap to show that they arent there to be made fools of. Why not little old Blackburn Rovers, just to make a point out of some small surmountable obstacles?

[BuckyRover]

I'm waiting for official confirmation. We don't know anything, only that they have not spoken to Kamy. This could be for a number of reasons.

[Sysagent]

Ok time to bring people up to date.

As people have already guessed what I posted last night was that I believed that the takeover bid had failed. This information has came from someone who is not connected with the bid, this coupled no statement being released against the BBC accusations (which was due Tuesday/Wednesday) and Mr Ali's team going completely quiet (even after being about the story of the takeover bid failing) suggests to me that the information is correct. Subsequently someone claiming to be close to the club has messaged me to say that the takeover is still happening. As of yet I have not been able to get any one officially confirm one way or the other (both on or off the record) whether the bid has collapsed or not.

Over the weeks it is no secret that I have built up a very good working relationship with Mr Ali's PR team, this has been a mutal thing, they have passed me information (on and off the record) and I have helped them understand the feelings of the fans and given them some background knowledge of Rovers as a club and about Blackburn as a town. The fact that they have gone silent (not just with me but with everyone) speaks volumne, the fact that even when told that a story was about to break about the takeover bid failing they still did not respond is again in my eyes very telling, on all other occasions they have responded to such matters, even though it may have been off the record.

So this is where we are, you all now as much I know. My gut feeling is that the takeover bid has failed, to many of the pieces fit together. I could be wrong. I am thinking that possibly the bid has failed at the fit and proper test stage. This of course may not be terminal, because both Rovers/Mr Ali could take this further if the bid has fallen down because of the fit and proper test.

I will continue to try and get some on the record official confirmation, as soon as I do I will post it on here.

And that ladies and gentlemen is:-

Another cowboy disappears into the Sunset

;-)

[rovers_rob]

Going back to what nicko said yesterday he mentioned that it could go either way and the lack of news about this in the papers etc.. suggests that we are still at that point. I would have thought that if the deal has failed completely the papers and nicko would be all over it by now.

[Paul Mellelieu]

The BBC allegations were broadcast on Sunday, now four days ago. WGA will have known about them for at least a couple of days before broadcast as they were asked to comment by the programme makers.

An organisations such as WGA should be able to put together - with legal advice - a statement dealing with these allegations, by now.

[Iceman]

im still looking at the WGA website, but reading this, you cannot for 1 minute think that they are dodgy. If they are, then they are really good at making people believe in them

HIGH - PROFILE MANAGEMENT

Mr. Ahsan Ali is the founder and 100% shareholder of Western Gulf Advisory AG. As the non-executive Director of the company, Mr. Ali has a vision to consistently maintain the highest standards of leading financial advisory services.

WGA AG has empanelled 14 Directors to consolidate its global focus. The Board of Directors possesses long-standing international experience in core areas of law and finance. This reinforcement of advisory services in WGA Switzerland is in line both with its global strategy.

PROVIDING INVESTMENTS ON OUR OWN STRENGTH

Western Gulf Advisory AG (WGA) is a self-sustaining investment and asset management company that has provided investments and services such as corporate finance, debt, and equity participation on the basis of its own adequate internal resources.

The firms solid standing is evident in the confidence and credibility it enjoys in many different markets around the world. WGA has attained AG status in the capital of the worlds banking and finance industry Switzerland. The achievement is a reflection of the wealth management service companys goal of providing holistic financial services and credit enhancements to discerning clients.

RECOGNIZED AND RESPECTED IN SWITZERLAND: THE FINANCIAL HUB OF THE WORLD

Switzerland is synonymous with a high quality of life, reliability and trustworthiness. Swiss products and services continue to enjoy great popularity at an international level. They are regarded as particularly reliable and of high value.

From chocolate and cheese to watches and banks; life-saving drugs to precision engineered machines; everything related to Switzerland bears the hallmark of luxury, finesse and uncompromising standards.

Western Gulf Advisory is proud to be a stock company in this elite, quality-conscious market.

The Swiss capital market is counted among the most active in the world. In 1991 some 50 billion francs were taken up in bond and share issues. Banking in Switzerland is characterized by stability, privacy and protection of clients' assets and information. In fact, the country's tradition of bank secrecy dates back to the Middle Ages.

Globally, Switzerland is perceived as a haven of private banking, finance and the capital of investment management firms. The countrys strict privacy laws and investor-friendly policies reinforce this image. WGA, as an asset protection advisory company, believes that this environment of confidentiality and trust is highly conducive for its shareholders.

Western Gulf Advisory AG emphasizes on a qualitative approach rather than quantity. It offers a wide product base and discrete approach that will meet the requirements of clients based in Europe.

[Andy]

I'm waiting for official confirmation. We don't know anything, only that they have not spoken to Kamy. This could be for a number of reasons.

Agreed.

I would have thought, at this stage of the overall process, keeping quiet is the best plan of action.

It is amazing how much people hang on, trust and believe, 'in my opinion'/'I assume'/'it looks like'...

Lets just wait until we actually know what's happening, from the club or Syed's spokesperson before we start making assumptions.

[Iceman]

what does Cryer and plunkett say today?

[dave birch]

Far Canal boys, give it a rest.

If it happens, it happens. If it falls down, it falls down.

At the end of the day, we're all alive to carry on supporting the Rovers

[CrazyIvan]

Too many knee jerk reactions at this stage. Best thing is to hold fire with comments and judgements until we hear something solid. Trust Rovers board and team to get this right one way or the other...

[Bobby G]

After the summer we have had with "transfers" we are all clinging onto a ray of light. I can imagine the players are well aware of things too and don't want to picture the effect a breakdown may have on them and the management.

[Amo]

Thank God I read through the last six pages. I would have never found out the takeover MAY or MAY NOT be on...

[Iceman]

Thank God I read through the last six pages. I would have never found out the takeover MAY or MAY NOT be on...

The game is off!

[thenodrog]

I honestly don't think money was held back because of any proposed takeover. The Club repeatedly stated it was business as usual.

It was just that we couldn't get anyone in on our non existent budget.

The 1 in 1 out rule that apparently has been in place since we were in the Championship is admirable but is compounded now that we cannot offload players without submitting to blackmail and apprently now having to pay them to go. If blame needs laying for not signing Popov then direct it at Roberts, Grella and Kishanishvilli and their agents who were obviously applying blackmail tactics and not toward the current manager. Any blame apportioned to BRFC can only be directed at whoever didn't see this coming and in two cases awarded average players long and very lucrative contracts. The time is here where wes simply cannot do both, it has to be one or the other.

[Hughesy]

Quick question.....

IF Rovers have agreed the deal....but the prem has rejected it - where will that leave us?

If we see him fit & Proper and happy with what he has proven then he may be worth the world to us, yet the prem are refusing us that option - would they be open to a legal challenge???

[Guest Kamy100]

Ok think that an apology is in order here, should not have posted what I did last night (not without official confirmation as I have done with everything else). It has just added to the confusion.

[RoversSG]

If Syed really failed the fit and proper test, it must be for some reason(s) we're unaware of here.

I don't believe you can fail the test if all you owe is some rent money and a county court judgement (which no-one has seen so far).

[Iceman]

Ok think that an apology is in order here, should not have posted what I did last night (not without official confirmation as I have done with everything else). It has just added to the confusion.

its not Kamylike you to do that

[Bobby G]

No need for an apology. Just keep us posted with any developments! Silence is truly deafening. I am sure the "news" has gotten back to the ear of the club and WGA one way or another, so if this is dead, they can come out and say it. Otherwise, being quiet while they carry on with business is the right order of the day.

[3rdpillar]

Ok think that an apology is in order here, should not have posted what I did last night (not without official confirmation as I have done with everything else). It has just added to the confusion.

Honesty in this thread.....WOW

[Iceman]

you would have thought, that if the deal has collapsed, that a statement would have been released. The silence could be positive though, as they probably just getting on with whatever it is that they need to do, and avoiding all these little distractions. The BBC report could have been explained to the club by Sayed, which means that there is no need for a statement to the public.

[modes98]

So Hughesy are you going to stick your neck out with 15 hours left and say if there will or won't be a statement today you have a 50% chance of being right

[thenodrog]

You can make money from Liverpool, Manchester United, heck - even Newcastle, but not Rovers.

Hardly shining examples for the rest of the Prem clubs to follow regarding financial matters Mr E. The 3 of em are submerged under massive debt.

[Wolverine]

I know this will fall on deaf ears, but is there any chance we cut down on pressurising people into sharing information? It doesn't appear to be helping anyone.

I am as guilty as anyone else, but we can't go on day after day like this.

Remember that whatever happens we will all still be stood on the terraces (for those that can) supprting BRFC - whatever our resources.

[Moppy]

Pure speculation this - but from what Kamy said maybe the Prem League have asked for more details before Passing/Failing the bid. Maybe the two parties have agreed a deal. Submitted what they though was neccesary and expected a response early in the week, hence all the talk about press conference. Maybe the response was negative UNTIL more detail is provided to the prem league. So yes the test was failed but is expected to go through. That would explain rumours both way and the lack of will to respond from the people directly involved.

Just hold your nerve people, once the exclusivity period ends i would expect some sort of comment but not until (unless the deal is completed)