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[Archived] Rovers Might Have Been Sold?


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I asked if I could be kept upto date with any official statements and for my email address to be added to the mailing list when they go out to everyone.

Julia :wub:

It's so new it doesn't even feature on the citigatedr.co.uk website. It does read well, and is a rebuttal of the media claims of the past week, albeit a fairly low-key one. The website does provide an audit trail to when the WGA account was won by citigate however, which further substantiates the legitimacy of the interest in acquiring Rovers. That is, of course if you believe that there is a firm called Citigate Dewe Rogerson... ;)

At least there is something new to talk about! Roll on there being something of substance!

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Has this been posted yet?

And so, round two commenses.

Prepare yourselves fellow Blackburners, for we face another 200 pages of trivial "inside information", views of people with no legal nor financial background, skeptics, pure delusional excitement and worse of all.. The "So, who can we buy?" threads will reemerge.

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Ewoodglory have you got a link to this page

It was an email, I just asked to be added to the mailing list when they send out the official statements, I would imagine the telegraph will have it online any minute, as they will be on the mailing list.

Came through 5-10 mins before I posted it.

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Sorry for the delay in getting this up, been celebrating Eid, if one of the mods could add this to the news section that would be great, posting on my iPhone so cannot access the news section:

In response to allegations made on the BBC Radio 5 Live Investigates broadcast on 5 September 2010, please find a statement from Western Gulf Advisory (WGA):

“This report contained a number of false and misleading allegations, which have subsequently been thoroughly investigated by WGA and its advisers and are corrected below:

It is true that Mr Ali rented an apartment in Bryanston Court in London but he vacated the property in a proper state having fully paid all rent.

Investigations by WGA’s legal representatives in the UK have confirmed that there is no record of outstanding council tax debts owed by Mr Ali and no evidence has been found of any congestion charge fine. In fact, in one instance Mr Ali overpaid council tax.

Mr Ali was unaware of an unpaid county court judgment, but has immediately cleared the debt and he is grateful to the BBC for bringing this to his attention.

Mr Ali was a director of two UK companies which were not trading and had no assets. Both companies were dissolved in 2006. The same is true of the Canadian companies and there is no basis to say that these companies ‘fell foul of the authorities in Canada’.

The programme incorrectly stated that Mr Ali grew up in Bhongir. In fact, Mr Ali’s family come from a different district in India called Bibinagar, albeit that both places are in the same state of Andra Pradesh. This is where Mr Ali’s family made their wealth through owning substantial agricultural land.

Mr Ali provided a forwarding address to all his business contacts after he left his London home in 2005 and any suggestion that he attempted to conceal his address is false and misleading.

The conclusions drawn in the programme regarding WGA B.S.C (Bahraini Shareholding Company)’s accounts are false and misleading and have been independently audited by BDO. Like any similar financial institution, WGA does not need to keep significant cash positions as it does not have large liabilities or operating expenses. Furthermore WGA’s Bahraini business is a separate entity to its European businesses, which are responsible for executing all of its investments.

WGA is a well capitalised business and has the sum of $850 million available in liquid assets for investment purposes. As previously stated, WGA remains committed to expanding its investment activities in the UK.

Any attempt to suggest that Mr Ali has a questionable track record in business and is therefore unsuitable to take over Blackburn Rovers is a false and damaging allegation.”

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The programme incorrectly stated that Mr Ali grew up in Bhongir. In fact, Mr Ali’s family come from a different district in India called Bibinagar, albeit that both places are in the same state of Andra Pradesh. This is where Mr Ali’s family made their wealth through owning substantial agricultural land.

This is my favourite part.

Well done Goldberg. What an amazing investigative journalist you are.

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It will have taken so long to REALLY investigate if any of the claims were true. He has answered all the accusations. Enough for me.

Just asked 5 live if they have received their copy, three times instant delete.

Are you Stephen Prior? if so your posts are still on the 5 Live wall. You need to click '5 Live investigates and others'

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It's definitely good to see a statement, however a lot of it doesn't really provide any extra information. He says he fully paid all rent - this is to be expected, the landlord says he didn't - who's right?

To say that Bibinagar is in a "different district of India" is also false - not only are they in the same state (Andhra Pradesh - a state several times the size of the UK) but Bibinagar is less than 10 miles down the road from Bhongir according to Google Maps, and they are in fact in the same district (Nalgonda district). Further searching seems to indicate Bhongir is the one of the main towns in the area whereas Bibinagar is one of the smaller places - possibly a village nearby.

The rest of it is much the same stuff we've heard already though.

One would hope though that the BBC investigations would have led to further digging and it's a good sign that this further digging hasn't led to outright collapse of the deal, but this statement tells us very little and is pretty misleading in the part where it claims 5 Live got the place of Syed's origins completely wrong.

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:lol: :lol: :lol:

NO!!!11 ITS ALL A BBC ANTI ROVERS CONSPIRACY!!!

You keep saying this, what i have said is that the BBC has a patronising, belitting attitude to us and other 'small clubs'- Bolton are another example.

from Match of the Day through to Five live nothing over the last month has changed my view on that.

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The statement is pretty comprehensive and it includes a mea culpa.

Makes any new attack look churlish but it also reads in such a way that the PR people have thought three moves ahead and have their answers to any ripostes well-prepared depending on whether they are worth answering or not.

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You keep saying this, what i have said is that the BBC has a patronising, belitting attitude to us and other 'small clubs'- Bolton are another example.

from Match of the Day through to Five live nothing over the last month has changed my view on that.

I agree they can be patronising to smaller clubs in their tone sometimes but that's a very different kettle of fish to them wanting to bring us and our hopes and dreams down and wanting us to fail as some people seem to think.

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