Syed: I can turn Blackburn around

Published Add your comment

Prospective Blackburn owner Ahsan Ali Syed has invited sceptics to carry out their own "due diligence" on him as he closes in on a takeover of the Barclays Premier League club.

Syed's representatives were at Ewood Park on Monday to sign a Memorandum of Understanding with the club's trustees, securing an exclusive four-week period to inspect Blackburn's accounts.

"The evidence of my funds is public as are my capabilities and what I can do," Syed told The Sport Briefing from Bahrain, where his company Western Gulf Advisory is based.

"I'd like the fans to consider me as one of you and not to consider me as the owner. Accept me in your fan club.

"I will not let Blackburn Rovers go on a rollercoaster ride - my liquidity is solid.

"For a club, liquidity is not the oxygen, but the support and fans are the oxygen. I want the fans to trust in me, believe in me and do due diligence on me.

"I've turned around a lot of businesses. Give me a chance to turn around Blackburn Rovers."

Blackburn, who won the Premier League in 1995, have struggled to challenge at the top of the division since the death of owner Jack Walker in 2000.

Walker left Blackburn in the hands of trustees who, along with investment bank Rothschild, have been searching for an appropriate buyer for the club for the past three years.

"Blackburn fits my investment philosophy," Syed added. "I have been investing in good, but undervalued and distressed assets for 14 years now, and I have a good track record of turning around businesses. My team put a lot of clubs on my desk, but the only club that attracted my attention was Blackburn Rovers.

Copyright (c) PA Sport 2009, All Rights Reserved.

Do YOU want to write for GiveMeSport? Get started today by signing-up and submitting an article HERE:

Blackburn Rovers
Premier League

Article Comments

Report author of article

Please let us know if you believe this article is in violation of our editorial policy, please only report articles for one of the following reasons.

Report author


This article has been written by a member of the GiveMeSport Writing Academy and does not represent the views of or SportsNewMedia. The views and opinions expressed are solely that of the author credited at the top of this article. and SportsNewMedia do not take any responsibility for the content of its contributors.

Want more content like this?

Like our GiveMeSport Facebook Page and you will get this directly to you.

Already Subscribed to Facebook, don't ask me again

Follow GiveMeSport on Twitter and you will get this directly to you.

Already Following, don't ask me again

Like our GiveMeSport Page and you will get this directly to you.

Already Subscribed to G+, don't ask me again