Vital Football

Latest Blackburn Rovers News

And you thought Venky's were bad!

And you thought Venky's were bad!

Rovers may not be faring to well as things stand but at least Venky's have the money they say they have - unlike rival competitor Ashan Ali Syed.

Ali Syed was seemingly in pole position to take over Rovers in 2010 but was overtaken in the home straight by new Indian owners Venky's after the owners lost faith in the owner of Western Gulf Advisory.

Ashan was riddled with bad reports in the press during the sale process and lost out in the end when it became clear that the tight financial restrictions now in place in English football would scupper any deal.

And it seems that the negative press may have been close to home as it seems that Ali Syed's spell in ownership of Spanish club Racing Santander has been nothing short of a disaster.

Football Economy publication is reporting - 'Blackburn Rovers fans may have had a lucky escape when Ashan Ali Syed failed to pursue a bid for the club last year. His interest faded quickly when he became aware of the scrutiny of financial disclosure rules.

Now he has turned up at Racing Santander in Spain's northern autonomous region of Cantabria. He bought a majority stake in the club for €30m through West Gulf Advisory (WGA), his Swiss-Bahraini investment company. The players are in revolt after he missed four deadlines to pay €1.7m in wages owed to 11 players since last season. Racing have borrowed €2m this month from a source that specialises in arranging loans.

La Liga does not conduct such rigorous checks on prospective owners as the Premier League. WGA had its Bahrain licence suspended by the country's Industry and Commerce Ministry for 'violating the laws and regulations' of the Emirates after multiplying its assets from $64m to $1.2bn in one year. Ali's command of Spanish is limited to 'hola' and 'gracias'.'

Counting our lucky stars?

Join The Vital Debate



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

Writer:Mikey Delap
Date:Sunday April 24 2011
Time: 1:33PM

Comments

0
OUCH! Would suck to be a Racing Santander player right now!!!
Mikey Delap
24/04/2011 14:38:00
0
Frying pan / fire anyone?
rossp2112
24/04/2011 21:08:00
Page 1/1
  1. 1

Login to post a comment

Recent Blackburn Rovers Articles

Getting Points On The Board

The point at Middlesbrough was something we were able to gain confidence from. Lenihan want wants us to take that belief forward to the game on Saturday against Hull.

Hammers Wary Of Blackburn

Blackburn had an FA Cup fifth round tie confirmed earlier this week when West Ham came through a replay with Liverpool to set up this tie at Ewood Park next weekend.

He's A Player

Steele's been impressed by Watt since his arrival, then again he rated the former Celtic striker from him time with Charlton and loan spell with Cardiff anyway.

Match Day Officials v Hull

The Football League have now announced the Match Day officials that will take charge of the game against Hull City this weekend.

Archived Vital Blackburn Articles

Vital Blackburn articles from

Site Journalists

Walker
Profile
VitalRovers
Profile
Mikey Delap
Profile
Sasman!
Profile

Current Poll (see more polls)

Blackburn v Hull
Suggested By:
Blackburn win68%
Hull win16%
Draw16%
ScoopDragon Publishing Entire League Network of Sites

League Table

# Team P W D L Pts. GD
1 Middlesbrough 29 17 6 6 57 23
2 Hull City 29 17 5 7 56 26
3 Burnley 30 15 10 5 55 22
4 Brighton 29 14 11 4 53 9
5 Derby County 30 13 12 5 51 14
6 Sheff Wed 30 13 11 6 50 12
7 Ipswich 30 13 9 8 48 2
8 Birmingham 30 13 8 9 47 8
9 Cardiff 30 11 12 7 45 5
10 Forest 30 10 12 8 42 6
11 Wolves 30 10 10 10 40 -1
12 Brentford 30 11 7 12 40 -2
13 Q.P.R. 30 9 12 9 39 1
14 Preston 30 9 12 9 39 -1
15 Reading 30 9 9 12 36 0
16 Leeds Utd 30 8 12 10 36 -5
17 Huddersfield 30 8 8 14 32 -4
18 Blackburn 28 6 13 9 31 0
19 Fulham 29 6 11 12 29 -5
20 MK Dons 30 7 7 16 28 -18
21 Bristol City 30 6 10 14 28 -22
22 Rotherham 30 7 4 19 25 -19
23 Bolton 30 4 12 14 24 -21
24 Charlton 30 5 9 16 24 -30
Latest F1 News
Latest Vital Boxing News

Blackburn Rovers Fixtures (view all)

Feb 13 2016 3:00PM : Hull City (H)
Sky Bet Championship
Feb 16 2016 7:45PM : Fulham (H)
Sky Bet Championship
Feb 23 2016 7:45PM : Derby County (a)
Sky Bet Championship
Feb 27 2016 3:00PM : Milton Keynes Dons (H)
Sky Bet Championship
Mar 1 2016 7:45PM : Middlesbrough (H)
Sky Bet Championship
Mar 5 2016 12:30PM : Burnley (a)
Sky Bet Championship

Recent Blackburn Rovers Results (view all)

Vital Members League Table

RankNamePoints
1.Walker15
2.@roverseas6
3.dallydally2