Blackburn Set For November Sale
Source: Agencies |
October 27, 2010, Wednesday
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Print Edition
Print Edition
BLACKBURN Rovers hope the sale of the club to Indian conglomerate Venkys will be completed in November, the English Premier League club said in a statement yesterday.
"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 added: "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."
The V H Group specializes in poultry farming and claims to be the "largest fully integrated poultry group in Asia".
"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 added: "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."
The V H Group specializes in poultry farming and claims to be the "largest fully integrated poultry group in Asia".
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