Vital Football

Latest Blackburn Rovers News

Ali Syed statement

Ali Syed statement

Potential Rovers owner Ashan Ali Syed has spoken this morning about last night's allegations that his Bahrain foreign investment company has been forced to close.

He seems to have set the record straight by saying he is merely complying with Bahrain Authorities and that there is no outside investor other than the man himself.

In a statement this morning, Mr Syed told the Lancashire Telegraph - "There is no hidden investor or any outside wealth involved in any way in the investment activities of Western Gulf Advisory ('WGA`).

'All our investments are based on our own financial resources and strength, and I am the sole shareholder of the company.

"The Bahraini authorities have asked for clarification on WGA`s investment activities and we are co-operating fully with their enquiries.

'Our Bahrain business is a separate entity to our European businesses such as Western Gulf Advisory AG, based in Switzerland, which have been responsible for executing most of WGA`s current investments, such as J&M McCabe in Ireland and Landmark in Australia.

'WGA`s investments are always made by one of its European entities and this will also be the case for the potential takeover of Blackburn Rovers.

'Our Bahrain business is a separate entity which is not involved in investment activities of WGA at all and has in fact very limited scope of activities."

Join The Vital Debate

Win FREE pizza with Vital Football!
Select your team and get 50% off if they score twice.
www.papajohns.co.uk/football



Click here to join in the debate on the club forum.

Writer:Mikey Delap
Date:Tuesday August 31 2010
Time: 1:39PM

Best of Vital Network

Comments

0
Hope this might help???
Mikey Delap
31/08/2010 13:45:00
0
As I said earlier today (and I think I recall you saying something similar) it's probably just all been blown out of proportion. We have no understanding of the Bahranian law, and it's probably something laughable that they require WGA to do. I have no worries about his finances, or his business acumen.
roversfanben
31/08/2010 14:26:00
0
Let wait till the takeover completes, to know whether Syed is telling the truth.
metalrover
01/09/2010 01:41:00
Page 1/1
  1. 1

Login to post a comment

Recent Blackburn Rovers Articles

Audio - Lambert On Rotherham

Having announced his intention to quit Blackburn Rovers this summer owing to off pitch issues that he's often spoke about, manager Paul Lambert...

Stats: Rotherham v Blackburn

All the stats from Rotherham (0) vs (1) Blackburn, New York Stadium, 30/4/16 Att: 11,035

Rotherham v Blackburn - Team Sheets

Rotherham are at the New York Stadium with Blackburn the visitors today, this is a 3pm kick-off - the line-ups have been confirmed.

Blackburn - Premier League Free Transfers 2015/16

As the summer nears and contracts come to an end, should Blackburn Rovers be interested in any of the following free transfers?

Archived Vital Blackburn Articles

Vital Blackburn articles from

Site Journalists

Walker
Editor email
Profile
VitalRovers
no email
Profile
Mikey Delap
no email
Profile
Sasman!
no email
Profile

Current Poll (see more polls)

Rotherham MotM
Suggested By: Site Staff
Steele0%
Lowe0%
Duffy0%
Hanley100%
Kilgallon0%
Marshall0%
Lenihan0%
Jordi Gomez0%
Grimes0%
Bennett0%
Graham0%
Sub - Jackson0%
Sub - Evans0%
Sub - Conway0%
ScoopDragon Publishing Entire League Network of Sites

League Table

# Team P W D L Pts. GD
1 Middlesbrough 45 26 10 9 88 32
2 Burnley 44 24 15 5 87 33
3 Brighton 44 24 15 5 87 30
4 Hull City 45 23 11 11 80 30
5 Derby County 44 21 14 9 77 24
6 Sheff Wed 45 19 17 9 74 22
7 Cardiff 45 17 16 12 67 5
8 Ipswich 45 17 15 13 66 1
9 Birmingham 45 16 14 15 62 4
10 Brentford 45 18 8 19 62 1
11 Preston 45 15 16 14 61 0
12 Leeds Utd 45 14 16 15 58 -8
13 Q.P.R. 44 13 18 13 57 0
14 Wolves 45 13 16 16 55 -6
15 Blackburn 45 12 16 17 52 -2
16 Reading 45 13 13 19 52 -5
17 Forest 45 12 16 17 52 -5
18 Bristol City 45 13 13 19 52 -16
19 Huddersfield 45 13 12 20 51 -7
20 Rotherham 45 13 10 22 49 -14
21 Fulham 45 11 15 19 48 -14
R Charlton 45 9 13 23 40 -37
R MK Dons 45 9 12 24 39 -29
R Bolton 45 5 15 25 30 -39
Latest F1 News
Latest Vital Boxing News

Recent Blackburn Rovers Results (view all)

Blackburn Rovers Fixtures (view all)

May 7 2016 12:30PM : Reading (H)
Sky Bet Championship