Blackburn Rovers - Here comes the takeover speculation...
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Here comes the takeover speculation...

Rovers have two interested parties who want to buy the club - according to the Sunday People.

The details are a bit sketchy but it seems there is a genuine interest in the club which would give the Rovers a new lease of life... if the club fell into the right hands.

Want to know more? Let's head to the People for their article -

The Sunday People article goes as follows - 'Blackburn Rovers are a takeover target for TWO mystery bidders- one led by an Indian cricket entrepreneur and a Thai group with links to ex-Manchester City owner Thaksin Shinawatra.


Rovers are still owned by the late Jack Walker`s trustees, but the Jersey-based money men are interested in a sale. 


There is the possibility of an auction between the Indian group and the Thais - the identity of both parties is being kept secret - although there is also some caution about where the money is coming from and what their intentions are. 


The Indian group is fronted by football agent Chris Nathaniel, with Blackburn of particular interest because of the large local community with roots in that country. 


The Thai group, which is also interested in Championship side Leicester City, has been put together by a London-based 'Mister Fixit` previously on the fringes of Shinawatra`s purchase of Manchester City for 81.6m in 2007. 
Blackburn are priced at around 25m, which is good value for a Premier League club with a solid squad, modern facilities and no debts.'

Apart from the rather dubious statements about our lack of debt and the price of the club, this sounds really promising.




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The Journalist

Writer: Mikey Delap Mail feedback, articles or suggestions

Date:Sunday June 6 2010

Time: 10:09AM

Your Comments (oldest first)

Change to most recent first
Would have to be for the right price and right intentions for the club. We don't want to end up like Portsmouth. Also with the new UEFA regs coming in where you can only spend what you earn these takeover tycoon*s will all want to be making money if they invest in a club, afterall they are businessmen first and foremost.
ITSALLROVER
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06/06/2010 10:23:00

Go mystery Indian bidder, go! :)
JT_daniel
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06/06/2010 10:30:00

ITSALLROVER the EU regulations allow for money 'gifts' just not 'loans'... Owners can still give clubs transfer funds, as long as it isn't in the form of a loan. Mikey Delap. A large chunk of the clubs debt was whiped off the list last summer when we sold Roque Santa Cruz etc, and decided to clear the debt and increasing costs then splash out on players.... The clubs debt is still around the 15 million mark i think but it is nowhere near as bad as other clubs in the Premier League and Championship.
Tombo1984
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06/06/2010 10:47:00

Are you sure you're worth 25 million? That's it? Don't think so. You'd probably be valued at 25 million by the trustees. Taking into account the market prices of Ewood Park, the playing squad, the training ground, the goodwill and the merchandising streams, you'd be worth a lot more. 150-200 million, i'd wager.
DubaiSpur
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06/06/2010 11:09:00

Tombo - we are not debt free, that is the poitn I was making dude!
Mikey Delap
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06/06/2010 11:29:00

as long as they keep the values of the club and don't drag us down like pompy.. im all for a cash injection into the club!
rover23
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06/06/2010 12:55:00

Tombo that was kinda my point on the new regs mate. the buyers would have to buy the club and pump cash in for serious transfer targets but not expect a great return in profit from attendances etc otherwise we end up like Pompey and we don't want that.
ITSALLROVER
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06/06/2010 13:17:00

wouldnt mind winning an FA cup though :D
LHrover
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06/06/2010 13:44:00

The Walker family may disagree with that valuation!
FreidelNo.1
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06/06/2010 20:10:00

The club is definitely worth more than 25M. That's only 2 years worth of tv money for a club that has balanced books and minimal debt. The downside of a club like Blackburn is that we are small market. The growth potential is low relative to a Championship sides like Leeds, Sheffield United, Coventry or Leicester as they are much bigger markets and the jump to the PL alone is worth almost 25M pounds. I hope that a wealthy investor takes over the club and injects some money but not at the expense of our small market mentality. Keeping the ledger balanced is the key to our survival.
SoCal Rover
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06/06/2010 22:41:00

Surely for the extra TV money alone though that would be worth a pop??? IF we can balance the books whilst increasing our revenue streams then it will surely be for the good of the club as well?
Mikey Delap
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07/06/2010 08:35:00

I always thought The Walkers were looking for 50m? Then again its all speculation and rumour so unless something goes through we won't know and even then the new owners may choose not to disclose the amount. Like most say if its for the right footballing reasons then do it. If not I'm willing to be patient and keep on as we are.
fransavarese
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07/06/2010 09:36:00

 

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