Indian investor in a hurry to finalise Blackburn deal
AHASAN Ali Syed, the Indian lawyer hoping to buy Blackburn, insists he is eager to thrash out a deal before the end of the month.
Western Gulf Advisory, Syed’s investment vehicle, has entered an exclusive four-week period of due diligence with Rovers.
And the 36-year-old, who studied in London, hopes to wrap up the purchase in time to give Sam Allardyce a late run at the transfer market.
“I am very keen to move very fast and buy this club at the earliest moment,” said Syed. “I am aware that Big Sam has big ambitions for this transfer window and I would love to support his ambitions.”
Syed has said he is ready to plough a combined £300m into buying the club, paying off debts and funding new signings. But despite that significant bill, he still regards the outlay as good value.
“My investments are always good assets who are undervalued and who have huge potential for a turnaround situation,” he added.
“I have been doing this for 14 years now and Blackburn fitted the bill. I have been presented with a lot of clubs, but Blackburn really came to my attention because it suits my investment philosophy.”