Blackburn set for November sale to Indian firm
China Daily | Updated: 2010-10-27 08:14
LONDON - Blackburn Rovers hope the sale of the club to Indian conglomerate Venkys will be completed in November, the Premier League club said in a statement on Tuesday.
"A series of meetings, including discussions with the Premier League, have followed an extensive due diligence process. Both parties are hopeful that the transaction will be completed in November," Rovers chairman John Williams said in a statement on the club's website.
Venkys chief Anuradha J Desai said: "We expect to be the first Indian company to acquire a Premier League team and we are particularly delighted that the team is Blackburn Rovers, with whom we believe we have many shared values and ambitions."
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