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Blackburn Takeover Possibility?

Blackburn Takeover Possibility?

Could Blackburn Rovers become the next Football Club to be purchased, and maybe by an overseas Sugar Daddy?

With the wave of new investors into Premiership clubs increasing all the time Blackburn Rovers Football Club could be one of the next subjected to such a move.

Chairman John Williams has confirmed that the club has received some interest from parties (so from the sounds of it more than one group are looking at the club!) possibly interested in taking over at Ewood Park. Speaking in the Lancashire Telegraph Williams said:

"We clearly set out our stall when we made the board changes a couple of years ago saying that new investment - or a new owner - was on the agenda.

"It's not the sort of business where you hang a 'For Sale' sign out, and the pressure for selling has also changed.

"We have had a number of expressions of interest, both from home and abroad, and there have been preliminary meetings.

"But, ultimately, that decision will come down to the trustees, who are the shareholders. As I said, to move the club from here to the next level is going to need a very serious investment and that would take a very special type of owner.

"Blackburn Rovers would be available if the right quality of owner, in terms of financial clout and wishes for the club, were to step forward. It is difficult for the seller to demand of a buyer 'you must do this, and you must do that'.

"But I think the current owners realise they have a duty of care to the club. By the same token, they also realise that everything moves on, and it might be time for them to move the club on.

"However, they would want to do it in a way that was right for the next generation of fans. There has been interest and preliminary discussions have taken place, but we haven't gone any further than that as yet."

Rovers could, if the are even taken over at all, fall into the hands of an overseas backer which Williams doesn't see as being a problem. He added:

"I don't think nationality itself is an issue. I think it's more about the quality of the purchaser, and the direction in which they wish to take the club."

In an ideal world (but it is FAR from ideal as we all know) this would happen and would happen with Rovers being taken over by someone similar to Uncle Jack, but he was one of a kind really wasn't he.

Is this something you would like to see happen to Blackburn Rovers, would you mind if the investors were from overseas? Have you say below…


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Writer:Walker
Date:Monday March 26 2007
Time: 7:55PM

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Comments

0
Lets be honest if we could have a backer with the money of an Abramovic (we probably wouldn't get that lucky, if you would even look at it that way?) wouldn't we take it? So long as ANY move is in the best interests of the club and it's fans you can't oppose it can you?!?! So long as the fans are still rewarded then why not, if we can step up to another level this would be a good thing wouldn't it?!?!
Hughes Da Man
26/03/2007 19:57:00
0
I would love to see an Abramovic sort of guy here. Yet, when he'll come I bet all the clubs will raise the value of their players, in order to get more money from us. (Cant forget we gave 4M for Ward, Dailly, Davies etc.)
IsraeliRover
26/03/2007 21:03:00
0
as this not come out of the blue? I know the TV money will represent a incentive for any investor but the way our club is currently financed is unique.
Ex Ewood Resident
26/03/2007 21:05:00
0
Word doing the rounds that the late Lamar Hunt's son is looking into the possibility of buying into a Premiership club! Personally, i would be opposed to this, primarily due to the fact that nearly every thing price wise, would increase, tickets etc and can someone tell me what happens when Abramovich gets bored with his premiership play toy, who will be payting for the wages for all those world class players? A club has to stand on its own 2 feet and be "relatively" profitable. If Roman left, Chelsea would be having a fire sale, much like what occurred over the pennines not 4-5 seasons ago! We could've been in the same boat when Jack died, if it was not for his love of the club and his foresight to leave a trust fund to help the club after he had gone. No more sugar daddies for me thanks!
BomBom
26/03/2007 22:35:00
0
I agree with BomBom on this one, besides wheres the satisfaction of finding a Friedel or an Admiral if we can just go and buy whoever! ok it was fun in the past with cries of 1 nil to the millionaires but where ultimately did it get us! ummm relegated i believe with wasters on top dollar. Jack was 1 in a million and i don't see those lottery numbers coming around again so soon.
govtpros
26/03/2007 22:47:00
0
The problem is that Rovers could get left behind a lot of clubs in the near future. Besides the money the big 5 or 6 clubs have we also have Pompey and West Ham with big bucks to spend & Lerner at Villa. You could always end up with a Hearts type situation where money ruins the club because a tirant is at the helm. As for Abramovich - I reckon he will be gone within a few years. I think he has lost his love for football (If he ever had it!)
Wellsy
27/03/2007 08:18:00
0
Yep 1 in a million alright. now for the next 1 in 2 million yes thats right I am to be the new foreign owner and all fans will be forced to wear corks from their hats, our colours will be changed to green and gold halves and the mascot on match day will now be a giant boxing kangaroo ;) haha OK so its only in my dreams - owning Rovers rather than the colour change etc. Unfortunately i really feel that there is the chance that there will be those clubs who have a major backer i.e. Chelsea, MU, WH etc and those that dont. i know there is that already but even the occasional highs we get from a cup run (god I am bursting for it to be the 15th already) will be a thing of the past. We are a small town club, yes we have the trust fund which is a god send and we may be able to hold our heads above the water line now with the increased television revenue but i really fear for what will become of us and other clubs without big backers. it is too late to shut the gate now as we were one of the first to go down this path and it gave us such pleasure at the time. To bemoan others for doing the same isnt right, not necessarily from those on this site but I have heard complaints about Abramovic etc elsewhere. I know Jack (god rest his blue and white soul) was different from the others because he had a love for the club but what he did, by raising us up to premiership winning standard cannot be turned back (and would we truely want it to?) so we must I feel go forward from here. Hell if Man city can look for a buyer then why cant we? If it's the right one. I just hope Williams is right "I think the current owners realise they have a duty of care to the club" OK have rambled enough now....back to work.
AustRover
27/03/2007 09:10:00
0
I was dusting down the inflatable Kangaroo then AustRover in order to be one of the first to bow at your feet in the hope of getting a FREE season ticket... then you ruined the illusion! It's a tough call, you want Rovers to be successful, but you want this off our own back but if the billionaires keep pumping money into the big boys (which hats off to Arsenal they don't as yet have that backing like the others and they are still standing tall) then they will contiune to pull away and the gulf between them and the rest will conitune. As this continues they make yet more money with us (and others) left behind. IF and WHEN these investors get bored things will come crashing down for these teams but there isn't always and if and when, if teams are successful someone will always come in when they go, there are enough millionaires let alone billionaires in the world to keep things going. If investment can be found to move us forward without risking our long term future we have to go with it to compete don't we?!?!
Hughes Da Man
27/03/2007 11:56:00
0
Like most of you agree, the buyer needs to care for the club or else we could find a situation that Chelsea may well have to cater for in a couple of years. We do run the risk of being left behind without major investment but I wouldn't want us to lose our small time club feel just for the sake of money.
roversman
27/03/2007 12:42:00
0
I do wonder how some media viewpoints ever arise around this sort of thing. For us Rovers (and now Chelsea), it's a strange one, as we've had a fan come in and gift the club cash without ever wanting it back - The idea of an "Investor" doing this is as sensible as feeding a yoghurt to a dog. Any inverstors from here on in will be looking to finance the club under debts/covenants/possibly even a share issue. It will certainly not involve "being given some cash to throw at new players", merely a new finance mind looking after the cashflows and income streams, possibly making more funds available from the club. We currently have a fantastic internal relationship, and a superb chairman using the purse strings wisely. I see no benefit whatsoever in going down the same route as Liverpool, Man United, West Ham etc - Nothing has been done in those clubs that could not have been arranged under the old ownership.
Head Rover Heels
27/03/2007 13:35:00
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