Rovers takeover deal unlikely this year (From Lancashire Telegraph)

Rovers takeover deal unlikely this year

12:17pm Saturday 3rd November 2007 in

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SEVERAL parties are still interested in buying Blackburn Rovers - but a deal is unlikely to happen before the end of the year.

That's what the Rovers board was told during an update meeting with the club's corporate advisers, Rothschilds, earlier this week.

Rovers' main share-holders, the Walker Trustees, are still keen to sell their 99.8 per cent stake in the club, providing a fit and proper' buyer can be found.

But, although Rothschilds are still in dialogue with several interested parties, a change of ownership is not thought to be imminent.

Rovers' chairman, John Williams, told the Lancashire Telegraph: "Our shareholders remain willing sellers and Rothschilds continue to have exploratory discussions with a number of interested parties, but nothing is imminent."

American-based businessman Dan Williams (right) is the only person to have publicly confirmed an interest in buying Rovers, but he has yet to lodge an acceptable bid for control.