Leaders
Dallmeier

Business Directory

Browse the Directory

Sign Up to the Directory

FC Business Twitter
FC business Linked in
FC Business facebook
FC Business Youtube

Blackburn hopeful of takeover deal

Tue 26th Oct 2010 | Football Club Management

Blackburn Rovers Football Club expect to complete the sale of the club to India-based company Venkys next month.

Rovers chairman John Williams told the club's official website: "A series of meetings, including discussions with the Premier League, have followed an extensive due diligence process.

"Both parties are hopeful that the transaction will be completed in November."

Venkys chairperson Anuradha J Desai added: "We expect to be the first Indian company to acquire a Premier League team and we are particularly delighted that the team is Blackburn Rovers, with whom we believe we have many shared values and ambitions."

Speaking last week, Blackburn boss Sam Allardyce welcomed the prospect of the sale and new investment into the team.

He said: "The club has been for sale for some time and new investment would be most welcome.

"Investment is needed at every football club and investment here has dried up somewhat because of the club being up for sale.

"We have a strong base at Rovers, a very good club which is run and managed very professionally indeed.

"Blackburn Rovers has a strong history and it could have a bright future given the right sort of investment."

(source: Press Association)

 

 

If you have any football business related news stories you’d like to share then please contact us – agourley@fcbusiness.co.uk or ryan@fcbusiness.co.uk

Add to: Google Google | Yahoo Yahoo | Live Live | del.icio.us del.icio | Digg Digg |

Related Articles

Comment: Matt Lawson - Diet for Football

Tue 15th Aug 2017 | Football Club Management

We speak exclusively to sports dietitian, Matt Lawson as the new season starts with a bang. When asked about diet and nutrition services for the 17/18 football season, the answer is easy. There has...

Alessandro Antonello Appointed New Inter Milan CEO

Mon 24th Jul 2017 | Football Club Management

F.C. Internazionale Milano today announced the appointment of Alessandro Antonello as the Club’s new Chief Executive Officer. Alessandro takes up his new position at the Club on 1 September 2017...

Chelsea Become First Club Awarded Healthy Workplace Charter

Wed 12th Jul 2017 | Football Club Management

Chelsea Football Club has become the first football club to be accredited under the London Healthy Workplace Charter. The Charter, backed by the Mayor of London, helps employers address issues such as...

First Cohort Of Sporting Directors Set For Graduation Ceremony

Tue 11th Jul 2017 | Football Club Management

FIFA’s pro-licence is well established as the blue-chip qualification for soccer coaches around the world - now the first formally qualified Sporting Directors are set to graduate with a Masters...