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Indian suitor given more time over Rovers deal

SoccerNews in English Premier League 16 Sep 2010

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The Indian businessman interested in taking over English Premiership side Blackburn Rovers has had his “period of exclusivity” extended.

Ahsan Ali Syed’s firm Western Gulf Advisory’s (WGA) agreement with the north-west side means no other potential buyer can take over the club while the company continues to explore options.

A statement from WGA said: “Western Gulf Advisory announces that the period of exclusivity it was granted in order to conduct due diligence on Blackburn Rovers Football Club has been extended.

“This enables WGA to continue to explore the financial situation of the club while ensuring that no other bidder can buy it or look into its books.

“Although the due diligence process is taking longer than originally envisaged WGA remains committed to pursuing the opportunity to acquire such a prestigious club.”

Blackburn are currently 15th in the 20-team Premier League, having won just one of their four league matches so far this season.

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