Takeover talk

Who will take on Jack's legacy?
There’s been talk of a takeover at Rovers for the past three years, ever since the Walker Trustees announced they no longer wish to bankroll the club.
However, apart from one seemingly serious bid – the Daniel Williams consortium – which fell through a while back, there’s been nothing serious.
Last Sunday, the People (I think) reported that a Thai consortium and an Indian made up two separate takeover offers. This was not met with a great deal of expectation. We’ve heard it all before and nothing ever comes of it.
Now though, it would seem, a takeover might be a realistic possibility.
I say might, as while I write this I am currently led in bed, having been to a friend’s house with my finger off the Rovers pulse, only to discover a Times article which seems very serious:
An Indian entrepreneur is close to completing a £25 million takeover of Blackburn Rovers after targeting the Lancashire club on account of the town’s large Asian population.
Blackburn’s board has given Saurin Shah, little known outside his home city of Mumbai, permission to begin the due diligence process after several weeks of secret talks. He hopes to complete the takeover by mid-July and to establish strong links not only with the town’s Indian population but also, more globally, with cricket’s Indian Premier League (IPL), of which his uncle, Niranjan, is deputy chairman. Read more »


Posted by: roversreturn on
Jun 10th, 2010 |
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Now then, it’s been a while, but thanks for your patience!