[Archived] Rovers Might Have Been Sold?

[tonyoz]

Apologies.

[ewoodpo]

I'd be really surprised if their was any movement today,as today is Eid marking the end of the Islamic holy month of Ramadan.

Everything in the MIddle-East will be closed over the weekend. At the earliest I'd expect something on Monday.

[Craigman]

I'd be really surprised if their was any movement today,as today is Eid marking the end of the Islamic holy month of Ramadan.

Everything in the MIddle-East will be closed over the weekend. At the earliest I'd expect something on Monday.

This would explain why Nicko said the team had all gone back then.

[John]

Sorry, have to smirk when reading things like things were frantic, everyone in a rush yesterday etc etc.

From the club's perspective, why would they rush things?

Obviously any buyer might want to rush things.

[Wiggy]

I've refrained from commenting for a few days now but I have some very big concerns about Mr Syed. Before I get jumped on I will point out that these are my opinions the same as others on here (except perhaps Kamy) - I have no real basis for this except what is in the public domain (which is actually part of my point)

1) The accounts that were posted on here, frankly, are laughable. They are written in a dreadful David Brent style and do the exact opposite of what they are meant to do - give a clear view of company performance.

2) The "secret" billionaire argument that has been rumbling on misses the point. If Mr Syed wanted to be secret we wouldn't have known about him until this was a done deal. However, everything about him - his statements, his websites, his accounts - point to a self-publicist who wants to be anything but secret. Based on that, if he was a multi-billionaire I'm damn sure he would be more well known than he is. The fact that he isn't suggests to me he does not personally have anything like the funds he says he does. I suspect he has access to people who do have the funds, but that's not the same thing.3) If you look at his personal profile on his websites, his accounts etc you will see somebody who is very, very concerned about his image. In fact if I understand his business correctly, it actually depends on people finding him credible etc. Therefore the silence about the BBC allegations is actually deafening.

Very, very worried about this.

Excellent post, particularly the bit in bold. Isn't that what the Bahrain Authoritys' suspected?

[Brownie]

People are misinterpreting my post. Today, whilst being highly significant down at the club, as kamy knows, does not necessarily mean there is an announcement due today.

[Guest Kamy100]

Kamy if there is a statement in the LET why don't you post what it says?

I am not privy to the statement as it came from the PR agency in London, the positive is that whatever the statement it is something official from WGA.

As Brownie says don't think that anything is going to be announced today but things do be appear to be happening in the background. As soon as I have some on the record official comment I will post it on here.

Of course this is a messageboard and people want to discuss everything and it is human nature to want to believe rumours, but with this story the best approach is to wait for official comment.

[Brfcrule1]

Kamy my next important question in your honest opinion judging from what people on his team have told you do you think this takeover will go through?. Thanks as ever for your valuable info.

[Guest Kamy100]

Kamy my next important question in your honest opinion judging from what people on his team have told you do you think this takeover will go through?. Thanks as ever for your valuable info.

I would love to talk about what I have been told in the last 12 hours, but it is not possible to do so as it was off the record and I am going to respect confidences, rest assured that once I get any on the record comment I will update you all.

Best just to sit tight at the moment.

[TimmyJimmy]

Back from the pub and have my positive head back on This will all end well, whatever 'well' means to you individually. For me it means this particular bid will succeed and come to a happy conclusion in the next couple of weeks.

Time is Nature's way of stopping everything happening in one big crunch so enjoy the ride fellow supporters.

[philipl]

I have looked through all the online papers and have to say I am enormously relieved.

I had anticipated that Rovers would be consumed in a firestorm of dirt by association and there is nothing. Even Sam's comment about the takeover is yesterday's news- today he is talking about whether the FA has already decided to appoint Roy Hodgson as Capello's successor in 2012.

At this stage we have to look at what is really happening and who is talking to whom.

If brownie is right about what was going on at Ewood yesterday, then I have to say that one or more bidders must be very close to making a closing offer for Rovers. It certainly pointts to the club at least being ready to be passed from one owner to another even if it turns out to be a false alarm at this stage.

Another key pointer is who is physically in and around Blackburn today. At this late stage of a contested business sale, physical presence on the target's premises can be a critical factor.

I share the feelings that so many posters have expressed. I have gone from near certainty about the Ali Syed to certainty with very grave concerns to despair to wondering why the sky hasn't fallen in this morning.

The Goldberg prequel started running a week last Wednesday (if not earlier) so surely by now the Trust and Rothschilds have been through every dustbin Ali Syed has ever owned even if they had been caught napping. There are other bidders - three we know of and who knows who else has joined the scrap. So what on earth were the Trust and Rovers doing wasting their time entertaining Ali Syed's team on Wednesday (if that leak is true) when there were other bidders to talk to?

It seems that at the very least the muck diggers are unsure of their ground now.

[alexanders]

Didnt somebody sat that they were due to conclude the deal on September the 17th?

[thenodrog]

No-one had heard of the 30 odd year old billionaire Abramovich until he appeared as Chelsea's potential buyer, so why the surprise no-one has heard of Syed? And City's owner come to that.

Correction...... You mean you hadn't.

[philipl]

Didnt somebody sat that they were due to conclude the deal on September the 17th?

That has been my consistent forecast for sale completion but now I suspect the day the keys are handed over to the new owner will be later than a week today.

It seems certain that the approach made to the PL two weeks ago (if that rumour is true) was an informal sounding out- fit and proper still needs to be completed if Nicko's very clear post on the subject yesterday is accurate.

The comment made by Julia Thiem that because it is a Trust selling, timelines for completing the process of disposal are not certain remains the case irrespective of the Goldberg variations or whether the winning bid comes from WGA.

We could well get news of a successful bidder in the course of the next two working days. We will get some sort of statement on what happens next when WGA's exclusive expires sometime on Monday.

[beerwins]

As the horses come up the final straight Ali Syed is way out in front BUT WHOA ! whats this, his horse has turned 180 degrees to munch on some dying flowers and stopped dead.

Coming up on the outside is the favourite from weeks ago its Surin Shah, questions were asked about the horses legs whether he had the power to compete but he looks back in the race now.

However he is being closely followed by two big boys but unfortunately the jockeys have balaclavas on for some reason so we have no idea who they are.

Still is a great race and im sure glad I didnt bet on any one horse.

[thenodrog]

And regarding your more sensible point, bragging about the money he would put into the club was aimed at the fans, yes it was a brash claim designed to pollute our minds with mega bucks transfers but then that sort if thing counts in modern day football.

Well he screwed up didn't he? Cos that was the turning point for this fan. My gut reaction was this blokes just another gob @#/?. It still is too.

For someone who claims to be a whizz investor chucking 300m away on BRFC is simple stupidity. If it was that easy the current owners wouldn't be selling would they? Or has that thought not occurred to anyone?

[thenodrog]

His name please, City's owner not who his family is.............and no Googling etc!

Admit it, you don't even know over a year after he bought them.

Stupid stupid argument. Would you be happy or unhappy if Gerald Grosvenor was our new owner? No googling mind reckless.

[nicko]

Am I right in thinking the exclusive period ends on Monday?

All of the moves and talk this week has been towards a quick closure - or not.

Brownie is right that there are huge efforts - and have been since Tuesday - to get this straightened out.

Got to say I am puffed out with the whole thing. This is a massive issue and yet national papers are just ignoring it. You wonder why you bother at times spending hours on stories like this.

Anyway, going to try to put something together for the Sunday People.

[brian_gallagher85]

I suggest you dig up dirt on some ladies of ill repute from the Bolton area or else you won't get many column inches

[den]

LT expanding on the position.

[seekay]

I'm going to bed.

[nicko]

I suggest you dig up dirt on some ladies of ill repute from the Bolton area or else you won't get many column inches

I think that has already been done...

[Dufflite]

For someone who claims to be a whizz investor chucking 300m away on BRFC is simple stupidity. If it was that easy the current owners wouldn't be selling would they? Or has that thought not occurred to anyone?

Dont agree with that comment at all.

Businesses get bought and sold everyday as investors with different expertise can milk an asset where other investors have previously failed. In this case the Walkers want to sell because BRFC as an investment doesn't interest them - it doesn't fit within their portfolio of other ventures. For them, Rovers consumes too much time/effort/cash that could be spent developing their other ventures (that came from the 'horses mouth' btw). That doesnt mean that owning the club isnt an opportunity for someone else but that person would need significant funds.

[tonyoz]

I have looked through all the online papers and have to say I am enormously relieved.

I had anticipated that Rovers would be consumed in a firestorm of dirt by association and there is nothing. Even Sam's comment about the takeover is yesterday's news- today he is talking about whether the FA has already decided to appoint Roy Hodgson as Capello's successor in 2012.

There press can't be bothered really. Past reports in the LT, Guardian and Telegraph have been given to them on a plate. No one (except Goldberg) has taken the trouble to find anything out for themselves. No one at Rovers or WGA is talking so they've all put it in the "too hard" basket.

[den]

For someone who claims to be a whizz investor chucking 300m away on BRFC is simple stupidity. If it was that easy the current owners wouldn't be selling would they? Or has that thought not occurred to anyone?

Well, IF Syed really is prepared to put that kind of money into the club over 15 years Theno, and IF he is worth 9billion, then, to him, it's not a problem. It's all relative.

The problem with your negative approach, is that your viewpoint is going to be left behind because the trustees will eventually sell.